| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the ever-evolving world of real estate, selecting a trustworthy builder is paramount for potential homeowners. This blog post focuses on LAXMI ENTERPRISE, a builder operating primarily in Gujarat. With some legal challenges evident, it is essential to evaluate their track record and the implications for potential buyers.
Overview of LAXMI ENTERPRISE
- Number of Complaints: 1
- Cases Won: 0
- Cases Lost: 1
- States with Projects: Gujarat
LAXMI ENTERPRISE has received one formal complaint, leading to one case against them in which they did not succeed.
Legal Case Details
The legal case involved the advertisement practices of LAXMI ENTERPRISE, where complaints were raised concerning compliance with the Real Estate (Regulation and Development) Act, 2016.
- Appellant Claim: The appellant argued that the builder violated Section 11(2) by advertising their project without showing the necessary RERA registration and website.
- Respondent Claim: In response, LAXMI ENTERPRISE stated that this violation was accidental and …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against LAXMI ENTERPRISE, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around two critical issues: regulatory non-compliance and penalties for misrepresentation.
The first theme, regulatory non-compliance, highlights the importance of adhering to the Real Estate (Regulation and Development) Act, 2016. In one notable case, the builder was penalized for advertising a project without adequately displaying their RERA registration and website. This reflects a broader pattern wherein builders may underestimate the necessity for transparency and compliance in their marketing efforts.
The reason people commonly bring such cases to court is to contest the potential deception that can arise from misleading advertisements. Buyers depend on the accuracy of information provided by builders when making purchase decisions, and violations of RERA are taken seriously by both buyers and the Authority overseeing real estate transactions.
As for why LAXMI ENTERPRISE lost these …
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