| CIN | U45201RJ2008PTC027147 |
|---|---|
| Year Established | Not Available |
| Address | PLOT NO. 4/15, SHIVANAND MARG, MALVIYA NAGAR SCHEME, MALVIYA NAGAR, JAIPUR Jaipur RJ 302017 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the complex world of real estate, choosing the right builder is crucial for ensuring a smooth purchasing experience. Today, we delve into the details of ICARUS BUILDERS AND DEVELOPERS PRIVATE LIMITED, a builder with operations primarily in Rajasthan. We will examine their legal standing, including the number of complaints filed against them, the outcomes of those cases, and patterns that may affect potential buyers' decisions.
Legal Summary
ICARUS BUILDERS AND DEVELOPERS PRIVATE LIMITED has faced a total of 2 complaints:
- Number of Complaints: 2
- Cases Won: 0
- Cases Lost: 2
Despite their efforts, the builder has lost all legal proceedings against them. Here is a summary of the two cases:
- Case 1: A complainant sought a refund for a booking amount due to the builder's non-compliance with an earlier order. The builder argued that they needed more time to settle the refund and were in negotiations with …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Icarus Builders and Developers Private Limited, which the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues in the real estate sector, particularly concerning refunds, agreement executions, and compliance with authority decisions.
The first type of case revolves around Refund Delays and Disputes. In these cases, the builder failed to refund the booking amount to the complainants promptly. Common reasons for the delays included the builder's request for additional time to comply with previous orders and their attempt to negotiate installment payments instead of a lump-sum refund. The authority characterized these actions as non-compliance, leading to decisions that penalized the builder by directing the attachment of their assets.
Another significant theme is the Failure to Execute Agreements. The builder admitted to receiving substantial booking amounts (in one case, Rs. 11.01 lakh) but failed to execute any agreement …
Individual case details available for subscribers.
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