CIN | U45200WB2006PLC111894 |
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Year Established | Not Available |
Address | 687,ANANDAPUR , E M BY PASS , KOLKATA, West Bengal, India - 700107 |
Company Status | Public |
Overall Case Outcomes
In the competitive world of real estate, it is vital for potential buyers to conduct thorough research before investing in properties. This blog post focuses on Emami Realty Limited, a builder active in Tamil Nadu. This analysis examines the builder's legal standing based on the complaints filed against them and offers insights for prospective buyers.
In conclusion, while Emami Realty Limited has the experience of operating in the Tamil Nadu real estate market, potential buyers should exercise caution and diligence when considering properties from this builder. By taking proactive steps, buyers can better position themselves for a positive purchasing experience.
Yearly Trend for these Cases
Analysis of the cases filed against Emami Realty Limited, where the builder lost, revealed several key themes and patterns. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Disputes over Amenities and Maintenance Charges.
The cases often involved claims from the complainants regarding delayed delivery of vacant possession of their apartments. This theme emerged consistently, indicating that one of the major grievances against the builder was the inability to adhere to promised timelines. The builder attributed these delays to unforeseen circumstances like the COVID-19 pandemic; however, this defense did not resonate with the Authority, which emphasized the importance of meeting contractual obligations.
Another recurring theme was related to amenities and maintenance charges. Complainants often cited instances where the builder had increased Common Area Maintenance (CAM) charges without adequate notice or justification. The builder defended these increases by referencing rising maintenance costs, yet the decision once again favored the complainants, highlighting a need for transparency and clear communication in fee adjustments.
The common triggers for litigation in these cases primarily revolved around the failure to deliver on promises—whether in terms of timely possession or assured amenities. People brought cases to court largely due to emotional and financial investments in their properties, and the builder’s inability to meet expectations led to significant dissatisfaction.
The builder lost these cases for several reasons: insufficient evidence to justify delays or fee increases, non-compliance with regulatory requirements regarding transparency in maintenance charges, and a failure to fulfill contractual commitments regarding promised amenities. The verdicts reflect a need for builders to prioritize clear communication and adherence to timelines, as well as to be mindful of their obligations toward homeowners.
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