CIN | U70102MH2010PLC210227 |
---|---|
Year Established | Not Available |
Address | Godrej One, 5th Floor, Pirojshanagar Eastern Express Highway, Vikhroli (East) Mumbai Mumbai City MH 400079 IN |
Company Status | Public |
Overall Case Outcomes
Introduction
When investing in real estate, understanding the reputation and reliability of a builder is crucial. This blog post delves deep into the performance and legal history of GODREJ PROJECTS DEVELOPMENT LIMITED, examining their complaints and legal outcomes to help prospective buyers make informed decisions.
Overview of GODREJ PROJECTS DEVELOPMENT LIMITED
GODREJ PROJECTS DEVELOPMENT LIMITED has registered 9 complaints against it, with a record of 3 cases won and 6 cases lost. The builder operates in Haryana and Maharashtra, indicating a geographic focus that prospective buyers should take into account when evaluating property offerings.
Legal Case Analysis
1. Cases Where the Builder Filed and Lost
The builder filed a total of 4 cases that resulted in losses. In these instances, the common pattern is as follows:
- Refund and Forfeiture Issues: The promoter consistently claimed that allottees were not entitled to a full refund of the deposited …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Individual case details available for subscribers.
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed by the builder, Godrej Projects Development Limited, which it lost revealed that several recurring themes emerged concerning refunds and payments related to property transactions. The primary disputes can be categorized into four major themes: Refund and Interest Disputes, Forfeiture of Earnest Money, Deposit Claims and Non-Refund, and Allottees' Entitlements.
- Refund and Interest Disputes: A significant number of cases revolved around the allottees' claims for the full refund of their deposit amounts along with interest at the prescribed rates. The builder often contested these claims, asserting that the allottees were not entitled to such refunds, which points to a recurring issue in managing customer expectations regarding refund processes.
- Forfeiture of Earnest Money: Another prominent theme centered on the forfeiture of earnest money. The builder claimed that the allottees had failed to pay the requisite balance amounts, which …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, GODREJ PROJECTS DEVELOPMENT LIMITED, which the builder won, revealed several key insights into the nature of disputes typically seen in the real estate sector.
The first common theme that emerged is 'Non-compliance with Obligations.' In several cases, the complainants alleged that the builder did not meet specific obligations, particularly under statutory provisions. However, the builder successfully argued that the parties filing complaints were often in default regarding their own responsibilities, including significant payment delays. This suggests a frequent pattern where buyers' expectations may not align with the contractual obligations they themselves fail to meet.
Another notable theme is 'Payment Defaults by Complainants.' In these cases, it was established that the complainants were behind on payments, with claims reflecting a considerable shortfall in due amounts. The builder's defense rested on the premise that without timely payments, it could not be …
Individual case details available for subscribers.
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