CENTURY REAL ESTATE HOLDINGS PRIVATE LIMITED

Introduction

In the competitive real estate market of Karnataka, Century Real Estate Holdings Private Limited has established itself as a noteworthy player. However, like many builders in the industry, it faces challenges, particularly when it comes to customer complaints and legal disputes. This blog will delve into the builder's legal history, its performance in various cases, and what potential buyers should know.

Overview of Complaints and Legal Cases

Century Real Estate Holdings Private Limited has a total of 9 complaints recorded against it, out of which it has won 5 cases and lost 4. This track record provides insight into the builder's interactions with customers and the legal landscape surrounding its operations.

Analysis of Lost Cases

The 4 cases that Century Real Estate lost highlight some notable patterns:

1. Non-Delivery of Promises: Several complaints involved issues such as the failure to deliver promised services, including parking space and timely possession …

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Analysis of the cases filed against Century Real Estate Holdings Private Limited, where the builder lost, revealed several key themes across the complaints raised by the other parties. The cases can be broadly categorized into three types: Delayed Possession Claims, Refund Disputes, and Settlement and Compliance Issues.

The first type, Delayed Possession Claims, involves complaints primarily from buyers who allege that the builder failed to provide possession of their flats within the agreed timeline. For instance, in one significant case, the complainant claimed that after paying a total of Rs. 32 lakhs, he had not received possession of the flat, and the builder had also delayed the refund of his money. This pattern indicates a serious concern among buyers regarding the builder's reliability in delivering properties on time.

Refund Disputes constitute another major theme, where buyers sought refunds based on various grievances, often tied to the …

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An analysis of the cases filed against the builder, CENTURY REAL ESTATE HOLDINGS PRIVATE LIMITED, which the builder won, revealed the following information.

These cases can be categorized under several recurring themes including Delayed Possession Claims, Claims for Parking Space, Disputes Over Leasehold Rights, and Pre-mature Complaints.

1. Delayed Possession Claims: Several complaints involved allegations of delayed delivery of apartments. These claims often stemmed from buyers seeking compensation for their perceived losses due to such delays. In the analyzed cases, the builder successfully argued that the delays were due to reasons beyond their control, establishing that the complaints were pre-matured and not maintainable under applicable laws.
2. Claims for Parking Space: Another area of contention involved claims regarding the failure to provide promised parking spaces. Here, CENTURY REAL ESTATE HOLDINGS PRIVATE LIMITED defended itself by indicating that the project was developed by a different entity, thereby asserting that the …

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