CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
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Overall Case Outcomes
Navigating the world of real estate can be daunting, especially when it comes to building trust with property developers. Today, we turn our focus to Barsna Properties Private Limited, a builder whose performance in legal matters raises important considerations for potential buyers. By analyzing their complaint record, legal battles, and the outcomes, we aim to equip buyers with essential knowledge before making any commitments.
Barsna Properties Private Limited operates within the state of Odisha. Although their project footprint is limited to one state, it is critical to evaluate their legal history to understand their reliability and accountability as a builder.
In total, Barsna Properties has faced one legal complaint, which they lost. The outcome of this case involved a final verdict where the builder was held liable for a penalty of Rs. 5,00,000 for violating specific legal regulations.
The sole case against Barsna Properties was significant. Here’s a closer look:
Based on the provided data, Barsna Properties Private Limited has a concerning legal track record. The single complaint resulting in a loss and a financial penalty indicates potential risks for buyers.
By approaching your search with diligence and caution, you can better navigate the choices available in the real estate market, ensuring you make a sound investment.
Yearly Trend for these Cases
Analysis of the cases filed against Barsna Properties Private Limited, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into regulatory non-compliance and penalties incurred due to violations of legal standards.
The builder faced scrutiny particularly in relation to their adherence to the Act, with various claims highlighting their failure to comply with regulatory requirements. This suggests that one of the most common reasons for the litigation was the builder's neglect of legal obligations, which raised concerns among the complainants and ultimately led to legal action.
The specific reason for the penalty in the case summarized here was a violation of Section 3(1) of the Act, which mandates certain responsibilities that builders must fulfill. The builder was held liable to pay a penalty of Rs. 5,00,000/- in this instance, indicating a serious breach of trust and professional conduct in the real estate transactions.
A pattern emerges from these cases: the builder’s repeated failures to comply with legal or regulatory requirements created a series of litigation triggers. Common reasons for the losses in court include insufficient evidence to defend their actions, a clear non-compliance with legal requirements, and likely misunderstandings of their obligations under the Act.
Overall, this analysis highlights the importance of thorough due diligence when considering real estate transactions with Barsna Properties or similar builders. Buyers should be cautious and informed about the builder's legal standing and any previous litigation before making significant financial commitments.
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