| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the competitive world of real estate, choosing the right builder is crucial for ensuring a smooth home buying experience. Today, we delve into the case of Coral Developers, a builder operating in Gujarat, to evaluate their track record based on legal challenges in which they have been involved.
Overview of Legal Issues
Coral Developers has encountered one legal complaint that was ultimately lost, resulting in zero cases won. The details surrounding this legal battle provide a glimpse into the builder’s operational conduct and highlight potential risks for buyers.
Details of the Case
The complaint against Coral Developers was filed by GUJRERA, which alleged that the builder failed to submit a triennial report as mandated by the Real Estate (Regulation and Development) Act, 2016. Coral Developers defended themselves by stating that they had attempted to fulfill this obligation but faced issues with the payment gateway. Despite their claims, the …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Coral Developers, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around two critical issues: non-compliance with regulatory requirements and disputes over project reporting and transparency.
The first theme, non-compliance with regulatory requirements, is exemplified by the builder's failure to submit a timely triennial report as mandated by the Real Estate (Regulation and Development) Act, 2016. This highlights a pattern where builders may face legal consequences due to insufficient adherence to regulatory standards, which are established to protect the interests of buyers and maintain transparency in the real estate market.
The second theme, disputes over project reporting and transparency, further illustrates the challenges builders face when they do not fulfill their reporting obligations. In the case against Coral Developers, the builder claimed that their attempted report submission was thwarted by payment gateway issues. However, the authority determined that …
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