CIN | U45201RJ2010PTC078279 |
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Year Established | Not Available |
Address | OFFICE NO. 209, 2ND FLOOR KRISH CITY CENTER, TAPUKARA BHIWADI Alwar RJ 301019 IN |
Company Status | Private |
Overall Case Outcomes
In the competitive landscape of real estate, selecting the right builder is crucial. Crystal Buildtech Private Limited, primarily operating in Rajasthan, presents a mixed profile of legal challenges alongside some favorable outcomes in court. This article delves into the builder's legal history, highlighting the patterns observed in both lost and won cases to provide prospective buyers with a clearer understanding of what to expect.
Crystal Buildtech Private Limited has faced a total of 14 complaints, out of which 4 resulted in losses for the builder and 10 were won. The nature of these cases reveals significant insights into the practices and reliability of the company.
The builder's losses primarily stem from disputes wherein complainants sought refunds for deposits paid on projects that were claimed not to be registered with the relevant authority. The inconsistency of registration status played a central role in the complaints.
In contrast, the builder won 10 cases, primarily on arguments surrounding the legality and registration of their projects. These victories often involved penalties imposed for procedural lapses rather than substantial legal defeats.
Crystal Buildtech Private Limited's performance in legal matters illustrates a company navigating through the complexities of real estate regulation. With a significant number of losses centered on registration issues, potential buyers should approach this builder with caution.
By exercising due diligence, potential buyers can make informed decisions when considering properties offered by Crystal Buildtech Private Limited or any other builder.
Yearly Trend for these Cases
Analysis of the cases filed against Crystal Buildtech Private Limited, which it lost, revealed several key themes across the various disputes. The cases can be broadly categorized into three main topics: refund and compensation claims, penalties for non-compliance, and jurisdictional claims.
The majority of the cases revolved around the complainants' claims for refunds of their investments along with interest, legal expenses, and compensation for mental agony due to delays in the project 'Krish Seasons.' The builder was consistently implicated in penalties for contraventions of sections 3 and 4 of the Real Estate (Regulation and Development) Act 2016. The Authority imposed a penalty of Rs 5,000/- in each case for the builder's failure to deposit the previous penalty within the stipulated time, indicating a systemic issue with compliance.
A common trigger for these legal actions was the builder's defense that the project was not registered with the Authority, and hence, it claimed no liability for penalties. However, this defense did not stand, as the imposition of penalties suggests that the Authority found the builder's actions to be in breach of statutory obligations, regardless of the registration status claimed.
People brought cases to court primarily to contest the delays in the project, which resulted in claims for refunds and compensation. There was also a pattern of disputes surrounding the builder's accountability, with the complainants seeking to impose penalties for what they perceived as non-compliance with the Real Estate (Regulation and Development) Act.
The builder lost these cases chiefly due to its inability to meet regulatory requirements, particularly concerning the timely payment of imposed penalties. The consistent adjournments and directives to deposit penalty amounts before reappearing indicate a lack of adherence to legal standards and a failure to recognize the Authority's jurisdiction over their projects.
In conclusion, the cases against Crystal Buildtech Private Limited highlight significant concerns regarding the builder's operational adherence to real estate regulations, its accountability for delays, and its willingness to fulfill legal obligations. Buyers should exercise caution and conduct thorough due diligence before engaging with this builder.
Yearly Trend for these Cases
An analysis of the cases filed against the builder, Crystal Buildtech Private Limited, which the builder won, revealed the following information.
The disputes predominantly centered around claims of refund and registration, with complainants asserting that they had paid deposits for a project that was not registered with the relevant authority. Each case highlighted the same fundamental issue: the opposing parties sought refunds of their deposits and demanded registration of the respective project.
The builder's defense rested on the assertion that the projects were exempt from registration, and therefore, the jurisdiction of the authority in entertaining these complaints was questionable. This pattern underscores a common theme of regulatory jurisdiction issues, where complainants appeared to pursue claims against a backdrop of misunderstanding regarding the applicable regulations and exemptions for project registration.
The cases highlight several reasons why such disputes reached the courts. The main reasons included contesting penalties (often perceived by the buyers citing delays or non-compliance) and disagreements over the builder's compliance with registration norms. Interestingly, the cases demonstrate a pattern where buyers often felt misled or inadequately informed about the regulatory landscape governing their investments.
Notably, the builder consistently emerged victorious in these legal disputes due to several compelling reasons. A key factor was the insufficient evidence presented by the opposing parties, who struggled to substantiate their claims effectively. Moreover, claims often stemmed from misunderstandings about the legal classifications of the projects or failure to accurately grasp the regulatory framework, leading to a misrepresentation of the builder's obligations. Crystal Buildtech Private Limited leveraged these misunderstandings to defend itself against allegations that were sometimes based on false or exaggerated premises.
This analysis offers valuable insights regarding the builder's reputation and reflects a broader trend in the real estate market where buyers occasionally misinterpret or exaggerate situations that can lead to unfounded legal battles. The builder’s strong track record in defending against these claims indicates its commitment to adhering to regulatory norms and its resilience against baseless accusations.
For potential buyers, this serves as a crucial reminder of the importance of making informed decisions. While legitimate disputes—such as genuine delays or compliance issues—undeniably exist in the real estate industry, an examination of these cases suggests that builders like Crystal Buildtech Private Limited often can and do defend themselves vigorously against unjust claims. Potential buyers are encouraged to approach assertions with a discerning eye, seek reliable information, and carefully evaluate the credibility of claims made against builders in the market before forming opinions about their reputations.
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