KASHISH DEVELOPERS PRIVATE LIMITED

Introduction

In the competitive realm of real estate development, selecting the right builder is a critical decision for homebuyers. Kashish Developers Private Limited, a builder operating primarily in Haryana, offers an intriguing case study. This blog post delves into the legal performance of Kashish Developers, analyzing their track record in handling complaints and legal challenges.

Overview of Legal Performance

Kashish Developers Private Limited has faced a total of 2 complaints, with both cases resulting in losses for the builder. Despite these legal challenges, the company has not managed to win any cases to date.

Summary of Legal Cases

The cases against Kashish Developers share a common theme, revolving around the timely delivery of apartments:

• Appellant Claims: In both instances, complainants alleged that the builders failed to hand over possession of their apartments within the agreed time frame of 36 months.
• Respondent Claims: The builder attributed these delays to factors such as adverse market conditions and financial difficulties.
• Final Verdict: The result of both legal proceedings was unfavorable for Kashish Developers. The authority mandated the builder to pay interest at a rate of 9.30% per annum for the duration of the delay in providing possession of the apartments.

Patterns in Legal Performance

Common Factors in Lost Cases

The cases lost by Kashish Developers reveal a consistent issue: failure to deliver ownership of properties on time. The repeated delays indicate possible underlying operational challenges within the company. Such delays can stem from a variety of operational factors, including financial management, supply chain disruptions, or fluctuating market conditions.

Common Factors in Won Cases

Interestingly, while the builder did not win any cases, the claims in the cases were consistently related to delayed possession. Thus, rather than showcasing a pattern of winning cases, these particular cases highlight the challenges Kashish Developers faces in meeting customer expectations and contractual obligations.

Conclusion

Kashish Developers Private Limited presents a mixed picture based on their legal history. With a zero-win record in court and two lost cases, potential homebuyers might approach the builder with caution. The legal outcomes suggest systemic issues regarding project delivery timelines, which could pose risks for investors and homebuyers seeking reliability in their real estate transactions.

Tips for Potential Buyers

For individuals considering a purchase from Kashish Developers, the following tips may prove beneficial:

1. Do Thorough Research: Investigate the builder's reputation through online reviews and customer feedback.
2. Demand Clear Timelines: Ensure that all expected timelines for project completion and possession are clearly outlined in the agreement.
3. Seek Legal Advice: Consult with a legal professional who specializes in real estate to review contracts before signing.
4. Request Previous Project References: Ask the builder for references from past buyers to understand their satisfaction with project delivery and quality.

General Tips for Selecting Any Builder

Regardless of the builder, keep these general principles in mind:

1. Verify Credentials: Ensure the builder is licensed and has a good standing with local real estate authorities.
2. Evaluate Financial Stability: Look into the financial health of the company to gauge their ability to complete projects.
3. Check for Complaints: Research any unresolved complaints that may indicate a pattern of issues or dissatisfaction.
4. Visit Completed Projects: Touring completed projects can provide insight into the quality of the work.
5. Read the Fine Print: Always review the contract’s terms and conditions, focusing on the clauses related to delays and penalties.

As the real estate market continues to evolve, staying informed and cautious is the best way to ensure a satisfactory home-buying experience.