CIN | U45201CT2003PTC016046 |
---|---|
Year Established | Not Available |
Address | NAVBHARAT UDYOG BHAWAN RING ROAD NO. 1 TELIBANDHA RAIPUR CT 492001 IN |
Company Status | Private |
Overall Case Outcomes
When it comes to real estate investment, choosing the right builder is crucial for ensuring a smooth buying experience. This blog post delves into Navbharat Dwellings Private Limited, an active player in the Chhattisgarh real estate market. We will examine their legal history, analysis of recent cases, and provide guidance for potential buyers.
Navbharat Dwellings has faced a total of 2 complaints, both of which resulted in losses for the builder. Here’s a detailed look at the cases:
Both instances where Navbharat Dwellings lost highlighted significant issues with compliance and communication:
It's important to note that in the cases won by the builder, the penalties were somewhat minimal and did not indicate a substantial need for corrective action from the builder’s perspective. However, these cases do reflect:
In reviewing Navbharat Dwellings Private Limited's legal background, a clear pattern of legal disputes arises primarily due to compliance issues and financial disagreements with clients. The builder's record of 2 losses with no cases won raises a potential red flag for prospective buyers, emphasizing the necessity of due diligence.
By conducting thorough research and being informed, potential buyers can protect themselves against possible pitfalls in real estate transactions.
Yearly Trend for these Cases
Analysis of the cases filed against Navbharat Dwellings Private Limited, where the builder lost, reveals several key themes and key issues in their disputes. The cases can be broadly categorized into three types: Delayed Possession Claims, Penalties for Project Delays, and Disputes over Payment and Allotment.
The first type, Delayed Possession Claims, involves cases where buyers claimed that the builder failed to execute agreements or allot properties despite receiving significant payments. For instance, in one case, the buyer paid Rs. 4,00,000, yet the builder did not deliver on the promised house, citing the buyer's failure to pay the remaining amount as their defense. This indicates a pattern where builders often attribute delays to buyers' incomplete payments, rather than acknowledging potential issues in their delivery timelines.
The second category, Penalties for Project Delays, highlights instances where builders were penalized for failing to comply with timelines or regulatory requirements. One notable case imposed a penalty of Rs. 2,000 on the builder for late submission of renewed colonization documents. This underlines the importance of adherence to deadlines and procedures in real estate development.
The third type, Disputes over Payment and Allotment, encompasses conflicts related to financial transactions and property allocations between builders and buyers. The aforementioned case where the builder was directed to return Rs. 4,00,000 to the buyer illustrates a significant trust violation in these transactions, often leading to legal recourse.
Common reasons for the builder's losses in these cases include:
In conclusion, the cases against Navbharat Dwellings Private Limited serve as a cautionary tale for potential buyers about the realities of navigating real estate transactions. Buyers should be vigilant, ensuring that builders adhere to agreements, comply with regulations, and deliver on promises expeditiously.
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