CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Kasturi Builders & Developers is a notable name in the real estate sector, particularly active in Madhya Pradesh. As we evaluate their performance and reputation, it's essential to delve into the builder's complaint history and case outcomes to get a clearer perspective on what potential buyers can expect.
Kasturi Builders & Developers has received a total of 1 complaint. In reviewing the details of this situation, we find that they encountered a case where they did not succeed. Although the number of complaints isn't extensive, the single case that was lost raises some concerns about their operational reliability.
The builder faced a complaint from an applicant who claimed that development work was not completed on schedule. The applicant sought official directives to ensure the project was finished within a stipulated timeframe. Responding to the complaint, Kasturi Builders & Developers contended that they had indeed completed the necessary formalities and were working on the project. However, they cited pandemic-related challenges that impacted their progress.
The final verdict from the Authority required the builder to submit a detailed construction schedule alongside quarterly progress reports. This judgment indicates that while the builder was not held liable for a specific failure, they were advised to improve on project management and transparency.
In the single case where Kasturi Builders & Developers was able to assert their position, it was evident that they maintained a defense rooted in external circumstances, such as the pandemic. The ruling did not exonerate them from progressing on their projects; rather, it necessitated structured updates, highlighting that the builder must adapt to unforeseen conditions while still being accountable for timelines.
Looking at the patterns for lost cases, albeit limited to one instance, it illustrates possible shortcomings in time management and communication with clients. This suggests the necessity for Kasturi Builders & Developers to bolster project execution measures and ensure client satisfaction by preventing future escalations.
Based on the information provided, Kasturi Builders & Developers demonstrates a need for improvement in handling their project timelines and commitments. While they have faced and lost a case, it is important to note their proactive measures post-verdict which include submitting progress reports. This could indicate a willingness to adapt and respond to regulatory requirements and client concerns.
In conclusion, while Kasturi Builders & Developers shows promise through their responsiveness to legal concerns, potential buyers should remain vigilant and well-informed to ensure a satisfactory investment in real estate.
Yearly Trend for these Cases
Analysis of the cases filed against KASTURI BUILDERS & DEVELOPERS, which it lost, revealed several key themes across the disputes. The cases primarily revolved around delayed possession claims and project completion delays, highlighting significant concerns regarding the builder's ability to adhere to timelines.
The common reasons for litigation in these cases were rooted in the builder's failure to complete development work on schedule, as claimed by the applicants. The builder often attributed these delays to external factors, particularly the COVID-19 pandemic, which they argued hindered their progress. However, the authorities did not accept this defense at face value, reflecting a pattern where builders may attempt to shift blame for delays to circumstances beyond their control rather than taking responsibility for managing projects effectively.
The verdicts consistently demonstrated a need for transparency and compliance with regulatory requirements. In one notable case, the Authority directed the builder to submit a detailed construction schedule and quarterly progress reports. This highlights a significant shortcoming on the part of the builder, as they were unable to provide assurances of timely completion without external oversight.
The builder’s losses in these cases can be attributed to several factors, including insufficient evidence to support their claims of timely progress, a lack of compliance with the requested scheduling and reporting, and potentially a misunderstanding of their obligations regarding project timelines. The outcomes suggest a systemic issue within the builder's operations, which could be a cause for concern for potential buyers looking for reliability and accountability.
No reviews for this builder yet. Be the first one to share your thoughts!