| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the competitive landscape of real estate, making the right choice of builder can significantly impact the success of your investment. Krishna Builders & Developers, primarily operating in Madhya Pradesh, has recently come under scrutiny due to a troubling record of customer complaints and legal issues. With 90 complaints filed against them and no favorable outcomes in court, potential buyers are advised to exercise caution. This blog delves into the builder's performance, analyzing the legal cases they have faced and providing insights for future homeowners.
Overview of Complaints and Legal Challenges
Krishna Builders & Developers has faced 90 complaints. Alarmingly, they have neither won any cases, marking their legal presence with a total of 90 losses. Each of these cases reveals a consistent pattern of claims primarily around delayed possession and failure to refund payments or complete development.
Patterns in Cases Lost
- Failure to Provide Possession: …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Krishna Builders & Developers, which it lost, revealed significant insights into the builder's primary disputes. The cases can be broadly categorized into several recurring themes: Delayed Possession Claims, Refund and Compensation Disputes, Advance Payment Issues, and Loss of Interest and Rent Claims.
The majority of the cases revolved around Delayed Possession Claims, where buyers claimed that the builder had failed to provide possession of flats or plots within the stipulated time. In these cases, the builder often attributed the delays to unforeseen circumstances, but the adjudicating officers consistently ruled in favor of the buyers, directing the builder to grant possession and pay compensation for the delays.
Refund and Compensation Disputes emerged as another common theme. Buyers sought refunds for amounts paid towards plots in unapproved projects or for delays in possession, along with compensation for mental distress and loss …
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