CIN | U45400TN2012PTC086724 |
---|---|
Year Established | Not Available |
Address | SURVEY NO. 865/2D , POLLIVAKKAM VILLAGE, Tamil Nadu, India - 602002 |
Company Status | Private |
Overall Case Outcomes
Introduction
In the ever-growing real estate market, choosing the right builder can be a daunting task. One developer gaining attention is Eco Bay Developers and Builders Private Limited, currently active in Tamil Nadu. This blog post delves into the performance of Eco Bay in terms of legal disputes, customer complaints, and project execution.
Legal Overview
Eco Bay Developers has faced a minimal number of complaints, with only one recorded instance. This singular complaint led to a legal case that provides insight into the builder's operational challenges and legal standings.
Case Analysis:
- Complaint Filed: One complaint was registered against Eco Bay Developers. The complainant alleged that the builder had not completed the construction of the apartment and failed to register the project with the Tamil Nadu Real Estate Regulatory Authority (TNRERA).
- Builder's Defense: The builder claimed that construction delays were due to unforeseen circumstances, including floods and financial difficulties. They asserted …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Eco Bay Developers and Builders Private Limited, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around delayed possession claims, non-compliance with regulatory requirements, and disputes over project completion and handover.
Many of the claims made by the complainants were centered around the builder's failure to complete the construction on time and to register the projects with the Tamil Nadu Real Estate Regulatory Authority (TNRERA). Many plaintiffs sought directives for the builder to complete their apartments within a reasonable timeframe or to provide a refund of their investment along with interest for the delays.
A common reason for the litigation in these cases was the builder's defense of project delays attributed to external factors such as floods and financial difficulties. However, despite these defenses, the builder was often found to be in non-compliance with critical regulatory requirements, which …
Individual case details available for subscribers.
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