CIN | U65990TG1996PTC024377 |
---|---|
Year Established | Not Available |
Address | M. No. 8-2-502/1/A, Jivi Towers, Road No.7, Banjara Hills Hyderabad TG 500034 IN |
Company Status | Private |
Overall Case Outcomes
Introduction
In the competitive world of real estate, having a reliable builder can make all the difference in ensuring a smooth buying experience. One name that has come under scrutiny is Krishnaiah Projects Private Limited, a builder located in Telangana. This blog post delves into the legal history of Krishnaiah Projects, summarizing the complaints against them, the outcomes of these cases, and providing insights for potential buyers.
Overview of Legal Issues
Krishnaiah Projects Private Limited has faced a total of 2 complaints, both of which resulted in cases lost. The nature of the complaints revolves around allegations of improper sale practices regarding flats.
Cases Summary
- Case Allegations: The complainants accused Krishnaiah Projects of selling their flat to another party while it was hypothecated, consequently demanding payment. They sought relief that would entail the completion of necessary procedures to execute the sale agreement, cancellation of any third-party registrations, and rendering those …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Krishnaiah Projects Private Limited, where the builder lost, revealed several key themes and patterns. The disputes primarily revolved around allegations of selling flats to other parties, hypothecating properties, and failing to execute agreements of sale.
The cases highlighted a common theme of Hypothecation and Sale Deed Disputes. Complainants often alleged that the builder had sold their flat to another party and then demanded payment, which reflects a significant breach of trust and contract. The builder's defense typically hinged on claims of rectified hypothecations and errors originating from banking practices, rather than any wrongdoing on their part. However, the verdicts consistently mandated the builder to fulfill their obligations, leading to a pattern where the builder's denials did not align with the outcomes, signaling potential issues in their operational practices.
Another recurring topic was Rectification of Errors and Compliance. The builder's claims …
Individual case details available for subscribers.
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