ARIESTO INFRA LIMITED

Introduction

Ariesto Infra Limited is a builder operating in Gujarat, with a concerning legal history that potential buyers should scrutinize. In this blog post, we will explore the builder's legal battles, including their sole complaint and the outcome of that case, providing insights for prospective buyers.

Overview of Legal Cases

Ariesto Infra Limited has one recorded complaint, which they lost. The case revolved around violations of the Real Estate (Regulation and Development) Act, 2016. The appellant accused the builder of failing to register their project and not displaying the registration number and website on their project's promotional materials. The authority found in favor of the appellant, establishing that the builder had indeed not adhered to the legal requirements.

Summary of the Case

• Appellant's Claim: The appellant asserted that Ariesto Infra Limited did not register their project and failed to showcase the necessary registration information on their project's website and prospectus.
• Respondent's Claim: The builder contended that they had registered the project and provided the registration details as per the law.
• Final Verdict: The authority concluded that the builder was in violation of the Real Estate (Regulation and Development) Act, 2016, siding with the appellant.

Patterns in Legal Performance

Cases Lost

The case lost by Ariesto Infra Limited highlights crucial issues:

• Non-compliance with Regulations: The primary factor that led to the loss of the case was the failure to register the project and display essential registration information, indicating potential negligence on the builder's part regarding legal compliance.
• Consumer Trust Issues: Losing a case can significantly affect a builder's reputation and consumer trust, presenting a risk for potential buyers.

Cases Won

Interestingly, the data indicates that there are no cases that Ariesto Infra Limited has won. This lack of a successful defense in legal matters raises further questions regarding their operational practices and adherence to regulatory standards.

Conclusion

Ariesto Infra Limited’s legal history presents a concerning picture for potential home buyers. The sole complaint that resulted in a loss underscores serious compliance issues and could indicate further risks in their operations.

Tips for Potential Buyers

• Research Thoroughly: Before purchasing, conduct thorough research on the builder's track record and legal standings. Look for multiple reviews and feedback from past buyers.
• Request Documentation: Always ask for proof of project registration and ensure that all required certifications and legal documents are in order before proceeding with a purchase.

General Tips for Selecting a Builder

• Check for Complaints: Investigate if the builder has unresolved complaints or had legal issues in the past and analyze the outcomes.
• Verify Licensing and Registration: Ensure that the builder is properly licensed and registered under the applicable real estate regulations.
• Seek Reviews: Look for reviews and testimonials from previous customers to gauge the builder’s reliability and quality of work.
• Consult Legal Advice: If in doubt, consult with a real estate lawyer to review any contracts or agreements before finalizing your purchase.

Ariesto Infra Limited may serve as a reminder of the importance of due diligence in real estate transactions. Staying informed and cautious can help steer potential buyers towards a successfully completed home purchase.

Analysis of the cases filed against Ariesto Infra Limited, where the builder lost, reveals several key themes across their legal disputes.

The cases highlight two primary topics of concern: regulatory compliance issues and project registration and transparency. The first theme encompasses a range of violations, particularly concerning the Real Estate (Regulation and Development) Act, 2016. In one significant case, the appellant claimed that the builder had failed to register their project. This wasn't an isolated incident; it reflects a broader pattern of non-compliance with regulatory requirements, which led to legal consequences.

The second theme, project registration and transparency, is closely tied to the first. It emphasizes the importance of openly displaying project information, including registration numbers and websites, as mandated by law. The builder's failure to do so resulted in legal action, indicating a lack of transparency that undermined buyer trust.

Common reasons for filing cases against the builder include: contesting the lack of project registration, disputing the builder's claims of compliance, and highlighting the risks associated with a lack of transparency in real estate dealings. The builder’s litigation often stemmed from an attempt to defend their actions, which ultimately proved to be in violation of established regulations.

The builder lost these cases primarily due to their inability to provide evidence of project registration and compliance with the relevant laws. The authority found substantial violations, leading to decisions against the builder. This trend indicates a systemic issue within the company's operational practices and a disregard for regulatory standards, which could have significant implications for potential buyers.