CIN | U45203KA2012PTC067272 |
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Year Established | Not Available |
Address | NO. 50/7, 3RD FLOOR, 16TH MAIN, 39TH CROSS 4TH T BLOCK, JAYANAGAR, BANGALORE Bangalore KA 560041 IN |
Company Status | Private |
Overall Case Outcomes
Aswani Properties India Private Limited, a notable player in the real estate sector of Karnataka, has established a presence that merits careful examination before potential buyers commit to their projects. With an array of legal disputes reflecting both customer dissatisfaction and favorable outcomes in court, understanding this builder’s track record is vital for informed decision-making.
Of the eight complaints lodged against Aswani Properties, five resulted in losses for the builder. Key takeaways from these cases include:
On the other side, the three cases that Aswani Properties won demonstrate several trends:
Aswani Properties India Private Limited has seen a mix of outcomes in their legal battles, illustrating a complex relationship with their clients. The higher incidence of complaints, coupled with losses in a substantial number of cases, may warrant caution for prospective buyers.
While Aswani Properties India Private Limited has carved out a niche in Karnataka, potential buyers should proceed with awareness of their legal history and customer service patterns. Making well-informed decisions rooted in thorough analysis and community feedback can protect buyers in the constantly evolving real estate landscape.
Yearly Trend for these Cases
Analysis of the cases filed against Aswani Properties India Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around three topics: delayed possession claims, delay compensation disputes, and failure to provide promised amenities.
Many of the complaints were centered around the builder's inability to complete projects on time, leading to multiple claims for delayed possession and compensation. Complainants often cited significant delays of three years or more, resulting in rulings that mandated refunds with interest and compensation payouts. For instance, in one case, the builder was directed to pay delay compensation in the form of simple interest on the total amount paid by the complainant, along with costs.
Many complainants sought immediate delivery of their flats, highlighting the urgency and dissatisfaction with the builder's performance. These cases illustrate a pattern where the builder failed to meet contractual obligations, leading to legal consequences and financial losses.
In addition to delays, there were also allegations of failure to provide promised amenities within the project. While the ruling in this instance did not result in an immediate order for compensation or action, it highlights a broader issue of non-compliance with promises made to homeowners, which is a significant concern in real estate transactions.
A striking factor in these cases is the builder's lack of participation in the legal proceedings. In each instance, the builder failed to appear or provide a defense, which resulted in default rulings against them. This absence raises questions regarding Aswani Properties' operational practices and commitment to customer service and legal obligations.
Overall, these rulings indicate a troubling trend for the builder, as they have failed to fulfill promises related to timely delivery and adequate provisioning of projects. Buyers may wish to exercise caution when considering Aswani Properties for their real estate needs, given the legal precedents established in these cases.
Yearly Trend for these Cases
An analysis of the cases filed against the builder, Aswani Properties India Private Limited, which the builder won, revealed the following information.
The disputes can be categorized into a few common themes. Firstly, there were several cases focusing on "Delayed Possession Claims," where buyers claimed delays in receiving their properties. Secondly, there were issues surrounding "Completion of Amenities," with complaints about the developer's failure to complete promised amenities in specific projects. Finally, the theme of "Absentee Complainant Cases" emerged, where complaints were dismissed due to the absence of complainants during hearings.
The reasons buyers or other parties brought cases to court primarily revolved around contesting project delays and seeking compensation or completion assurances. Many cases highlight a repetition of claims regarding delays in possession or amenities, which are prevalent concerns in the real estate market.
The builder's consistent success in these cases can be attributed to several factors. In many instances, the opposing parties failed to provide sufficient evidence to support their claims. For example, one case was dismissed as the complainant did not appear or provide satisfactory evidence, illustrating how critical it is for buyers to understand and uphold their complaints with proper documentation. Additionally, there were cases where plaintiffs retracted their complaints after receiving alternative accommodations from the builder, thereby showing a willingness to negotiate rather than pursue legal action.
This analysis indicates that Aswani Properties India Private Limited has a strong reputation for defending itself against unjust claims. In a market where accusations and disputes can arise, these outcomes suggest that buyers may sometimes file complaints based on misunderstandings or exaggerated claims regarding builder responsibilities.
For potential buyers, this analysis serves as a vital reminder of the importance of making informed decisions. While the real estate market does indeed contain legitimate disputes, the records show that builders like Aswani Properties India Private Limited can effectively defend themselves against what might be unfounded allegations. Buyers should approach claims against builders with caution and seek reliable information to avoid forming opinions based on incomplete or misleading narratives.
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