| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Assessing Dev Buildcon: A Builder Under Scrutiny in Gujarat
When exploring the landscape of real estate developers, it is essential to carefully evaluate the reputation and past performance of builders. Dev Buildcon, operating in Gujarat, has come under scrutiny due to its legal track record. Let’s delve into the details surrounding this builder to provide potential homebuyers with a thorough understanding before making significant investments.
The Builder's Track Record
Dev Buildcon has faced a total of 1 legal complaint, with a disconcerting record of losing this case. There are no instances of cases won against this builder, making their legal standing somewhat precarious. In the sole complaint documented, the Gujarat Real Estate Regulatory Authority (GUJRERA) found Dev Buildcon guilty of collecting excess amounts from clients without the proper registration of sale agreements. As a consequence, a fine of Rs. 5,000 was imposed on the builder, raising concerns over their …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Dev Buildcon, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into two main topics: Excess Amount Collection Disputes and Non-compliance with Sale Agreement Registrations.
In the case of Excess Amount Collection Disputes, it was claimed that the builder had collected more money from the buyers than stipulated in the agreements. The builder's defense revolved around assertions of technical issues leading to the excess collections, yet the GUJRERA found this reasoning unacceptably vague and imposed a fine for the unauthorized collections.
The Non-compliance with Sale Agreement Registrations theme emerges from the builder’s failure to register the sale agreements as mandated by regulatory requirements. This shortfall not only breached the trust placed by buyers in the builder's integrity but also highlighted a significant legal lapse that could lead to further complications down the line.
Common reasons for …
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