CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
In the competitive landscape of real estate, the reputation and track record of builders are critical factors for potential homebuyers. Ashvem Spa & Resort Private Limited, known for projects in Goa, has recently come under scrutiny due to a series of legal disputes. In this blog, we will delve into the complaints against Ashvem Spa & Resort, analyzing the cases they have faced and drawing insights that could be crucial for potential buyers.
Ashvem Spa & Resort Private Limited has faced a total of three complaints, all of which have resulted in losses for the builder. The complaints shed light on common themes regarding contractual breaches and regulatory compliance.
Surprisingly, despite the three cases lost, there were instances where the builder was partially successful or managed to argue their case favorably. The outcomes included directions for payment of interest rather than outright dismissal of claims.
The track record of Ashvem Spa & Resort Private Limited raises several red flags for potential buyers. They have a history of legal disputes, particularly regarding project registration and delays in possession. While they have managed to navigate certain cases by offering interest payments rather than larger compensatory damages, the overall pattern suggests potential buyers should approach with caution.
In summary, while Ashvem Spa & Resort has the potential to deliver quality projects, a careful examination of their legal past and operational conduct is paramount for any prospective buyer.
Yearly Trend for these Cases
Analysis of the cases filed against Ashvem Spa & Resort Private Limited, where the builder lost, revealed significant insights into the common themes and disputes faced by the builder. The cases can be broadly categorized into four topics: Delayed Possession Claims, Project Registration and Compliance, Development Rights and Consent, and Compensation for Breaches.
The Delayed Possession Claims highlight the frequent dissatisfaction among buyers regarding the builder's inability to deliver units on time. In multiple instances, the authority directed the builder to pay interest compensation for the delay, demonstrating a consistent pattern of rulings against the builder for failing to meet project timelines.
Project Registration and Compliance emerged as another critical theme, with various claims centered around the builder's obligations under the Real Estate (Regulation and Development) Act, 2016 (RERA). The builder was often accused of non-compliance, such as failing to register projects in their name or transferring development rights without requisite consent. This reflects a troubling trend where builders may prioritize operational efficiencies over regulatory adherence, ultimately to the detriment of buyers’ rights.
The Development Rights and Consent theme overlaps somewhat with project registration issues but specifically calls out cases where the builder was accused of unilaterally transferring development rights to other companies. This raised concerns among buyers about the transparency and stability of project ownership and control.
Lastly, the Compensation for Breaches theme underscores the broader implications of the builder's actions. Buyers sought compensation not only for delayed possession but also for various breaches of agreement and statutory rights. The adjudicating officer partly allowed applications in this regard, indicating a willingness by the authorities to recognize non-possession delays as only part of the broader landscape of buyer grievances.
Common reasons for the builder's losses in these cases include insufficient evidence to defend their actions, non-compliance with RERA, and a lack of transparency regarding project delays and development rights transfers. Buyers were often able to demonstrate not just operational delays but also systematic issues that violated their trust and legal rights. This pattern suggests that buyers are increasingly empowered to demand accountability from builders, and that authorities are supportive of this trend.
No reviews for this builder yet. Be the first one to share your thoughts!