| CIN | U31200GA1990PTC001021 |
|---|---|
| Year Established | Not Available |
| Address | OPP NEHRU STADIUM, 3RD FLOOR , LAKE PLAZA, FATORDA MARGAO GA 403602 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the dynamic and often tumultuous world of real estate, a builder's integrity and legal standing are paramount for potential buyers. Today, we turn our attention to Akar Creations Private Limited, a builder currently active in Maharashtra. This post will explore the legal challenges faced by the builder, the outcomes of their cases, and provide potential buyers with insights into their dealings.
Overview of Legal Cases
Akar Creations Private Limited has faced a total of 2 complaints, both of which have resulted in losses for the builder. This raises concerns regarding their commitment to fulfilling contractual obligations, particularly regarding delayed possession of flats. In reviewing these cases, we can glean important insights into the builder's legal history.
Case Details
- Claim of Delayed Possession
- Appellant Claim: Appellants (homebuyers) sought interest due to delays in possession of their flats.
- Respondent Claim: The builder argued that homebuyers failed …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Akar Creations Private Limited, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around two main topics: delayed possession claims and non-compliance with contractual obligations.
The delayed possession claims consisted of appellants seeking interest compensation for the prolonged duration in which they were unable to obtain possession of their flats. In each case, the appellants claimed that the builder had failed to deliver property on time, leading to significant emotional and financial strain on the purchasers. The builder, on the other hand, countered these claims by arguing that the appellants had violated their obligations under the contract, specifically by not accepting possession within a two-month timeframe as mandated by section 19(10) of the Act. However, the legal verdicts favored the appellants, indicating a failure on the builder's part to fulfill their commitments.
A pattern emerges from these cases: …
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!
Submit Your Review
Interested in buying from AKAR CREATIONS PRIVATE LIMITED?
Leave your details – our team will call you back within 5 minutes.