CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Ahna Buildspace S LLP, a builder operating primarily in Gujarat, has recorded a total of one complaint against them, with no cases won and one case lost. Understanding the legal standing of a builder is crucial for potential homeowners, as it can greatly influence the quality of the investment you are making. This blog post will delve into the legal case involving Ahna Buildspace S LLP, examining the implications for buyers, as well as offering advice for those considering purchasing from this builder.
A detailed examination of the legal situation surrounding Ahna Buildspace S LLP reveals the following:
In the lone case that Ahna Buildspace lost, the Authority claimed that the builder accepted more than 10% of the total cost as an advance payment without a registered agreement for sale, violating Section 13(1) of the RERA Act. The promoter acknowledged that the violation was unintentional and committed to taking necessary steps to avoid such errors in the future. Ultimately, the Authority imposed a fine of Rs. 25,000 on the builder and mandated the registration of the agreement for sale within 15 days.
Based on the provided data, Ahna Buildspace S LLP has a concerning legal record with one loss and no wins, indicating potential issues with their operational practices, particularly regarding compliance with legal regulations. It is crucial for prospective buyers to exercise caution when considering properties from this builder.
In conclusion, while Ahna Buildspace S LLP might offer attractive projects in Gujarat, potential buyers should proceed with careful consideration and due diligence.
Yearly Trend for these Cases
Analysis of the cases filed against Ahna Buildspace S LLP, where the builder lost, reveals several key themes and key pieces of information regarding their legal disputes.
The cases against Ahna Buildspace primarily center around three common themes: non-compliance with the RERA Act, penalties incurred for accepting advance payments, and other regulatory violations. In the highlighted case, the builder was found to have accepted more than 10% of the total cost as an advance payment before registering the agreement for sale, a clear violation of Section 13(1) of the RERA Act.
A recurring reason for the litigation in these cases is the builder's failure to adhere to the regulatory requirements set forth by the RERA Act. Builders are contesting penalties imposed on them for such violations, which indicates a pattern where builders may not be taking the necessary precautions to ensure compliance. This lack of compliance not only incurs financial costs in terms of penalties but also raises concerns about the ethical practices of such builders, potentially undermining the trust of prospective buyers.
The common reason for the builder’s loss in these cases is their unintentional non-compliance with the legal requirements. While the builder may claim that the violations are unintentional and express a willingness to correct their practices, the fact remains that they have breached regulatory rules, which necessitates a legal response. The Authority’s decision to impose fines and direct the builder to register the appropriate documentation serves as a corrective measure to ensure future compliance and protect the interests of buyers.
Overall, these findings highlight the importance for buyers to be vigilant when engaging with builders that have a history of legal disputes, particularly those that center around regulatory non-compliance. It is crucial for buyers to conduct thorough research and assess the builder's reputation before making any commitments.
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