CIN | Not Available |
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Year Established | Not Available |
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Overall Case Outcomes
Introduction
In the world of real estate, choosing a builder is one of the most crucial decisions a homebuyer can make. With so many options available, it's essential to evaluate the track record of a builder before investing your hard-earned money. In this post, we take a closer look at Arihant Builders & Developers, a builder with a presence in Chhattisgarh, examining their legal history and what it might mean for potential buyers.
Legal Case Overview
Arihant Builders & Developers has been the subject of one legal complaint to date. Here’s a summary of the case that was filed against them:
- Appellant Claim: The appellant alleged that the builder failed to comply with RERA regulations by neglecting to update the quarterly progress of their project on the RERA portal.
- Respondent Claim: In response, Arihant Builders stated that they had not sold any units in the project and had not received …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Arihant Builders & Developers, where the builder lost, revealed several key themes across their legal disputes.
The primary theme observed was related to the builder's non-compliance with RERA regulations. In one significant case, the appellant claimed that the builder had failed to update the quarterly progress of their project on the RERA portal. The builder's defense—that they had not sold any units and therefore did not believe the regulations applied—was not accepted by the tribunal. Ultimately, the project's registration was revoked, highlighting the importance of adhering to RERA requirements for transparency and progress reporting in real estate projects.
The revocation serves as a penalty for the builder’s lack of compliance, indicating a broader pattern where builders may face legal obligations in real estate that they underestimate or overlook. The common trigger for litigation in this case was the builder's failure to …
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