ARIHANT AASHIYANA PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Maharashtra
| CIN | U45400MH2010PTC210759 |
|---|---|
| Year Established | 8-Dec-10 |
| Address | "Arihant Aura" 25th Floor, B-Wing, Plot No.13/1, TTC Industrial Area,Thane Belapur Road,Turbhe, Navi Mumbai Thane MH 400705 IN |
| Company Status | Private |
Introduction
In the ever-evolving real estate market of Maharashtra, potential buyers often seek reliable builders to invest their hard-earned money. One such builder is ARIHANT AASHIYANA PRIVATE LIMITED. This blog post delves into the builder's background, legal achievements, implications for buyers, and concludes with essential tips for making informed decisions in the real estate landscape.
Overview of ARIHANT AASHIYANA PRIVATE LIMITED
Arihant Aashiyana Private Limited operates in Maharashtra and has garnered attention due to its legal history. Currently, the builder has been involved in a limited number of complaints, totaling just one reported case. However, this singular complaint has significant implications for potential buyers assessing the builder's reliability and accountability.
Legal Case Analysis
Summary of Legal Cases
- Total Complaints: 1
- Cases Won: 0
- Cases Lost: 1
The legal case filed against the builder provides insight into its operational practices. The appellant claimed that ARIHANT AASHIYANA did not hand over possession of the flat despite receiving full payment. On the other hand, the builder defended itself, asserting that the appellant failed to make payments as per the scheduled agreement. The appellate tribunal's verdict partially favored the appellant, instructing the builder to hand over possession, contingent upon the payment of interest.
Patterns in Legal Outcomes
Cases Lost:- The sole case resulted in a loss for ARIHANT AASHIYANA, highlighting issues around possession delivery and fulfillment of contractual obligations. This suggests that potential investors should be cautious of potential delays in occupancy.
- There are no cases won by ARIHANT AASHIYANA, indicating a lack of favorable resolutions for the builder in disputes. This pattern could generate concern regarding their operational standards and the timely fulfillment of project commitments.
Conclusion
Based on the analyzed data, it is evident that ARIHANT AASHIYANA PRIVATE LIMITED has faced challenges in upholding its commitments. With only one legal case on record, where the builder lost, potential buyers may need to approach their investment with caution.
Tips for Potential Buyers
- Research Thoroughly: Always check a builder's legal history, project status, and customer reviews before making a purchase.
- Demand Transparency: Seek clarity on payment schedules, project timelines, and potential penalties for delays.
- Consider Legal Instruments: Engage legal counsel to review contracts before signing, ensuring all terms are conducive and favorable.
- Visit Completed Projects: If possible, visit past projects completed by the builder to assess construction quality and adherence to timelines.
General Tips for Selecting Any Builder
- Check Credentials: Ensure the builder is registered and possesses all necessary licenses.
- Look for Experience: Prefer builders with a substantial presence and a proven track record in the industry.
- Seek References: Speak to previous customers or current residents of the builder’s completed projects for first-hand experiences.
- Assess Financial Stability: Confirm the builder's financial health to mitigate risks concerning project completion.
- Stay Informed: Stay updated with real estate regulations and changes in market trends.
Final Words
Purchasing a home is a significant decision requiring careful consideration and diligent research. While ARIHANT AASHIYANA PRIVATE LIMITED presents an option in the Maharashtra real estate market, potential buyers must weigh their choices against the backdrop of the builder’s legal history and operational practices.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Arihant Aashiyaana Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Payment Disputes.
In the case of Delayed Possession Claims, the appellant claimed that the builder did not hand over possession of the flat despite receiving full consideration. This indicates a breach of contract and a failure on the part of the builder to fulfill their obligations, which is a common trigger for litigation in real estate transactions.
Payment Disputes revolve around the builder's claim that the appellant did not make payments as per the schedule of agreement for sale. This highlights the importance of adhering to payment schedules in real estate agreements, as discrepancies in payment can lead to delays and disputes over project delivery.
The common reasons people brought cases to court include contesting possession delays and disputing payment schedules. The builder’s litigation often stems from an attempt to defend their position on payment receipt and project delivery timelines.
The builder lost these cases primarily due to a failure to fulfill their contractual obligations regarding possession delivery. In the cited case, the appellate tribunal directed the builder to hand over possession once the appellant pays a certain amount of interest, indicating that the builder's defense was not sufficient to override their responsibilities.
In conclusion, the cases against Arihant Aashiyaana Private Limited highlight the necessity for builders to adhere to contract terms, fulfill their obligations on time, and maintain clear communication with buyers regarding payments and possession timelines. Buyers should remain vigilant and informed about their rights in these transactions.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| AT006000000053369 | Maharashtra | The appellant, an allottee, filed a complaint aga… | ["Possession of fla… | {"appellant_claim": "The appellant claimed that t… | Mrs. Sayed Shaheen … | Arihant Aashiyana P… | https://drive.google.com/uc?id=1sKPR9GerYXKIqr4kVkUfLX1gG9znM-Ke |