| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the landscape of real estate development, buyers aspire to find trustworthy builders who honor their commitments and deliver quality projects on time. Krishna Developers, a builder operating in the states of Gujarat and Maharashtra, presents a case worth examining, particularly regarding their legal standing and customer satisfaction.
Legal Standing of Krishna Developers
Krishna Developers currently faces six complaints, all of which have not favored the builder, leading to a total loss of six cases. The nature of complaints against them revolves primarily around regulatory compliance, particularly in relation to the Real Estate (Regulation and Development) Act of 2016. The consistent loss in legal battles raises concerns about the builder’s credibility and operational transparency.
Summary of Legal Cases
In the complaints filed against Krishna Developers, the verdicts depict a pattern where they have repeatedly failed to comply with statutory requirements. Here are the key details:
- Non-Submission of Audit Reports …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Krishna Developers, where the builder lost, revealed several key themes across the various disputes. The cases can be broadly categorized into regulatory compliance issues, delays in project completion, and failures to submit mandatory reports.
The regulatory compliance issues arose primarily from the builder's advertisements for their projects. In multiple instances, Krishna Developers was fined for not mentioning the RERA registration number and website in their advertisements, as required by Section 11(2) of the Real Estate (Regulation and Development) Act, 2016. These violations highlight a pattern of negligence regarding legal obligations in marketing practices.
Delays in project completion was another recurring theme. Although the specifics of the delays were not uniformly provided across the cases, it is notable that the builder faced scrutiny over timelines and was required to seek condonation of delays on more than one occasion. The reasons provided for these delays were …
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