CIN | U45400MH2008PTC181368 |
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Year Established | Not Available |
Address | 15, HILL ROAD BANDRA (WEST) , MUMBAI, Maharashtra, India - 400050 |
Company Status | Private |
Overall Case Outcomes
When it comes to real estate investments, trust and reliability in builders are paramount for ensuring peace of mind. One builder that has been subject to scrutiny is Associate Township Builders Private Limited, primarily operating in Goa. With a limited history of complaints and legal issues, this blog post will explore the builder's track record, legal outcomes, and what potential buyers should consider.
Associate Township Builders Private Limited has faced one formal complaint, resulting in an unfavorable outcome. The company's involvement in real estate projects in Goa has prompted scrutiny, especially regarding compliance with legal regulations.
The sole legal case against Associate Township Builders revolved around allegations from complainants who stated that the builder failed to register their project, did not provide amenities as articulated in the Agreement for Sale, and delayed the transfer of title and conveyance deed.
In the only case that Associate Township Builders lost, the Goa Real Estate Regulatory Authority ruled against them, which identified several key issues:
Despite these concerns, it is crucial to note that the builder did not win any cases, which reflects potential systemic issues in addressing customer complaints.
Associate Township Builders did not win any cases, indicating a concerning trend for potential buyers. The lack of favorable outcomes in legal proceedings may suggest that the builder struggles with compliance and customer satisfaction.
Overall, Associate Township Builders Private Limited presents a concerning profile for potential homebuyers. The single legal complaint that ended unfavorably for the builder raises questions about their operational integrity and commitment to customer satisfaction. While the builder is relatively new to the market, their inability to win any legal disputes could signal deeper issues.
In conclusion, while Associate Township Builders Private Limited operates in the scenic locale of Goa, their legal track record makes it imperative for buyers to exercise caution and perform diligent due diligence before proceeding with any transactions.
Yearly Trend for these Cases
Analysis of the cases filed against Associate Township Builders Private Limited, where the builder lost, reveals several key themes across the complaints raised by the other parties involved. The primary disputes can be categorized into three main topics: registration and compliance claims, delayed possession and compensations, and amenities and deed transfer disputes.
The first type of cases primarily revolved around the builder's failure to register the project as mandated by the Real Estate (Regulation and Development) Act, 2016. The respondents claimed that since the project was completed before the commencement of the Act, registration was not required. However, the Goa Real Estate Regulatory Authority ruled against this defense, emphasizing the importance of compliance with the regulatory framework established to protect the interests of home buyers.
Delays in possession and inadequate compensation for those delays formed another significant theme in the complaints. The complainants often found themselves in precarious situations due to the builder's inability to deliver units on time, which led to additional financial burdens and inconvenience. The authority recognized these grievances and directed the builder to compensate the complainants appropriately.
The disputes related to amenities and the transfer of title and conveyance deeds also stood out. The Agreement for Sale typically outlines specific amenities that builders are required to provide, yet the complainants alleged that Associate Township Builders Private Limited failed to fulfill these obligations. Furthermore, the delayed transfer of deeds exacerbated the perceived lack of transparency and accountability from the builder’s side.
A pattern emerges from these summaries: common triggers for litigation include contesting the builder's compliance with regulations, delays in project completion, and disagreements over the promised amenities and services. The builder's defense often hinged on interpretations of legal requirements and timelines, which ultimately proved insufficient to meet the regulatory standards as clarified by the authority.
The reasons for the builder's losses in these cases are multifaceted. Insufficient evidence to support their claims of compliance, failure to adhere to the interim directions from the authority, and a fundamental misunderstanding of their obligations under the RERA Act were critical factors. The rulings highlight the need for builders to prioritize transparency, adherence to regulations, and clear communication with buyers to avoid similar legal disputes in the future.
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