| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the dynamic world of real estate, choosing a builder is a critical decision for potential homeowners. One such builder, Karma Construction, operates primarily in Gujarat. This blog post delves into the available data regarding Karma Construction, focusing on its legal track record while also identifying important takeaways for potential buyers.
Complaints and Legal Cases
Karma Construction has registered a total of 1 complaint, which highlights the importance of scrutiny when selecting a builder. The singular legal case provides insight into the company's operational conduct and accountability.
Details of Legal Case
The case against Karma Construction involved a claim by the appellant accusing the builder of violating Section 3(1) of the Real Estate (Regulation and Development) Act, 2016. Specifically, the appellant asserted that Karma Construction had advertised their project without the required registration. In response, the builder admitted to this violation, expressed regret, and assured that such mistakes would …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Karma Construction, where the builder lost, revealed several key points across the various disputes. The cases can be broadly categorized into two main themes: regulatory non-compliance and penalties for violations.
In terms of regulatory non-compliance, the most notable case involved Karma Construction advertising their project without proper registration as mandated by Section 3(1) of the Real Estate (Regulation and Development) Act, 2016. This highlights a significant concern regarding the builder's adherence to legal standards, which are established to protect the interests of prospective buyers and ensure the integrity of real estate projects.
The penalties for violations theme centers around the legal consequences faced by Karma Construction due to their non-compliance. In the advertised project case, the Authority imposed a fine of Rs. 20,000, which is the maximum penalty stipulated under Section 59(1) of the Act. This demonstrates not only the legal risks associated with …
Individual case details available for subscribers.
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