| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
Khusi Realcon Private Limited, primarily operating in the state of Odisha, has garnered attention in the real estate industry not only for its projects but also due to its legal standing. With a mix of outcomes in various cases, it is crucial for potential buyers and stakeholders to understand the builder's track record from a legal perspective. This blog will delve into the builder's complaint history, analyze patterns in legal actions, and provide valuable tips for prospective buyers.
Complaint Overview
Khusi Realcon has received a total of 4 complaints, with outcomes varying significantly across different cases. The builder has won 1 case and lost 3, reflecting a somewhat contentious relationship with regulatory requirements.
Cases Lost
In the single case that Khusi Realcon lost, the respondent successfully argued that the project was completed prior to the commencement of the Real Estate (Regulation and Development) Act. This dismissal emphasizes a technicality in legal compliance rather than any direct fault on the part of the builder regarding construction quality or customer service. This suggests that the builder perhaps had some projects in the pipeline before the regulations came into effect, indicating a potential lack of awareness about evolving legal requirements or a failure to adapt.
Cases Won
Conversely, Khusi Realcon emerged victorious in 3 cases, primarily related to complaints about not adequately disclosing registration numbers in advertising. In these instances, while the builder maintained that the omissions were unintentional, the regulatory body imposed nominal penalties of Rs. 50,000 for these infractions. Furthermore, one case was withdrawn by the appellant, indicating a possible change in strategy or lack of compelling evidence against Khusi Realcon.
This pattern illustrates that while Khusi Realcon has faced scrutiny over advertisement practices, the issues were largely procedural rather than indicative of systemic problems.
Legal Trends and Analysis
Patterns in Cases Lost
The only case lost by Khusi Realcon signals a reliance on statutes that existed prior to the establishment of more rigorous regulations. It reflects a risk management approach that may have overlooked necessary adaptations concerning new laws. This highlights the importance for builders to continuously monitor legal changes and ensure compliance.
Patterns in Cases Won
The victories underscore a recurring theme of technical violations. The penalties were minor, suggesting they may stem more from oversight than willful misconduct. The nature of these cases points to common compliance issues faced by builders, especially concerning advertising standards and regulatory disclosures. Khusi Realcon's ability to navigate these issues successfully may indicate a responsive approach to regulatory feedback.
Conclusion
In summary, Khusi Realcon Private Limited displays a mixed performance in terms of legal challenges but has shown resilience in addressing and correcting procedural oversights. For potential buyers considering transactions with this builder, it is essential to take the following considerations into account:
Tips for Potential Buyers
- Research Thoroughly: Investigate the builder’s reputation not only through project quality but also through their legal history and client reviews.
- Ask About Compliance: Inquire whether the builder has all the necessary certifications and registrations in place, especially related to recent regulatory acts.
- Review Project Documentation: Ensure that all promotional material clearly states registration numbers and relevant details to avoid future disputes.
General Tips for Buyers Selecting Any Builder
- Check Previous Projects: Review past projects and customer satisfaction to gauge quality and reliability.
- Consult Property Experts: Seek advice from real estate professionals or legal advisors familiar with local builders and regulations.
- Read Contracts Thoroughly: Always go through contracts with a fine-tooth comb to understand your obligations and the builder's commitments before signing.
By keeping these tips in mind and staying informed about the legal standing of builders, homebuyers can make better decisions that align with their goals and hopes in the real estate landscape.
No builder reviews yet. Be the first to share your thoughts!
Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Khusi Realcon Private Limited, where the builder lost, reveals several key points across the various disputes raised.
The cases highlight two primary themes: non-compliance with the Real Estate (Regulation and Development) Act, 2016 (RERA) advertisement guidelines and unintentional violations of statutory requirements. The majority of the cases center around the builder's failure to mention the registration number and the website address of the Authority in their advertisements. This reflects a broader pattern of neglecting regulatory compliance in marketing efforts, likely driven by oversight rather than malice.
Common reasons for bringing cases to court in these instances include contesting penalties imposed for non-compliance and disputing the unintentional nature of violations. The builder's defense often revolved around claims of inadvertence, indicating a systemic issue with adherence to legal standards rather than a willful disregard for the law.
The builder lost these cases primarily due to their inability to meet regulatory requirements, which mandated the inclusion of specific details in property advertisements. The penalties imposed suggest that the legal framework is designed to encourage compliance, and even nominal penalties serve as a deterrent against future violations.
In conclusion, the cases against Khusi Realcon Private Limited underline the importance of adhering to RERA guidelines in real estate advertising. Buyers should take note of these legal compliance issues when evaluating builders, as they reflect broader standards of professionalism and responsibility in the market.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| Suo Motu Complaint … | Odisha | The case was initiated against M/s. Khusi Realcon… | ["Real Estate Regul… | {"appellant_claim": "The appellant claimed that t… | Khusi Realcon Priva… | https://rera.odisha.gov.in/wp-content/uploads/2024/01/Case-No-364-of-2023.pdf | |
| Suo Motu Complaint … | Odisha | The case was initiated against M/s. Khusi Realcon… | ["Violation of Real… | {"appellant_claim": "The appellant (ORERA) claime… | Khusi Realcon Priva… | https://rera.odisha.gov.in/wp-content/uploads/2023/12/Case-No-261-of-2023.pdf | |
| 160/21 | Odisha | Complaint case withdrawn by appellant's advocate.… | ["Withdrawal of cas… | {"appellant_claim": "Not provided", "respondent_c… | Abhaya Kumar Das | Khusi Realcon Priva… | https://rera.odisha.gov.in/wp-content/uploads/2021/11/CC.-No.160.21.pdf |
Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, Khusi Realcon Private Limited, which the builder won, revealed the following information.
Project Completion Claims
One of the primary themes identified in the case summaries pertains to the claims regarding project completion prior to regulatory requirements. In the case reviewed, the respondent contended that the builder should have registered the project under the Act due to perceived delays. However, it was established that the project was indeed completed before the commencement of the Act. Such claims highlight the importance of timing and legal thresholds to ascertain when regulatory compliance is necessary.
Regulatory Compliance Issues
Another notable area of dispute involved claims about regulatory requirements that the builder allegedly failed to meet. The builder defended itself by demonstrating compliance based on the completion date of the project, which did not fall under the new regulations at the time. This indicates a misunderstanding or miscommunication regarding applicable laws among buyers or regulatory entities.
These cases were brought to court mainly around contestations of penalties and disagreements about when projects should be registered under new regulations. A significant pattern emerged showing that buyers or other parties often filed complaints based on perceived delays or non-compliance without adequate evidence or understanding of legal definitions concerning project timelines and completion.
The Importance of Evidence and Legal Interpretation
The common reasons for the builder's victories in these cases highlight the critical role of evidence and legal interpretation in real estate disputes. The builder successfully argued that these claims lacked sufficient evidentiary support and often stemmed from misconceptions about the project’s timeline or regulatory obligations. This underscores the importance of familiarity with legal requirements for both builders and buyers.
Conclusion
This analysis reflects positively on Khusi Realcon Private Limited's reputation, suggesting that the builder has a solid foundation in compliance and effective defense against ambiguities or misconceptions raised by buyers. It serves as a reminder that in the real estate sector, allegations can sometimes stem from misunderstandings or unfounded claims, creating a narrative that unfairly casts aspersions on a builder's credibility.
Implications for Potential Buyers
For potential buyers, this analysis conveys a pivotal message about the importance of making informed decisions. While the real estate sector does face legitimate disputes, the cases reviewed indicate that builders like Khusi Realcon Private Limited are capable of robustly defending themselves against unwarranted accusations. Buyers should critically assess claims and seek detailed, reliable information before drawing conclusions about a builder's standing in the market.
This dictionary encapsulates key themes and an in-depth summary of the case analyses, allowing potential real estate buyers to gain insights into the builder’s legal challenges and overall market positioning.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| Suo Motu Complaint … | Odisha | The case was initiated against M/s Khusi Realcon … | ["Real Estate", "Re… | {"appellant_claim": "", "respondent_claim": "The … | Khusi Realcon Priva… | https://rera.odisha.gov.in/wp-content/uploads/2023/01/170-22.pdf |