| CIN | Not Available |
|---|---|
| Year Established | 29-Oct-14 |
| Address | PLOT NO. 01, KUBER COMPLEX SCHEME, GANDHI PATH, VAISHALI NAGAR NA JAIPUR Jaipur Rajasthan 302021 |
| Company Status | Not Available |
Overview of Palak Buildvision LLP
Palak Buildvision LLP is a builder based in Rajasthan, operating within the real estate sector. As potential buyers and investors evaluate various builders, it is essential to review their track record, especially when it comes to legal disputes and consumer satisfaction. In this post, we will analyze the legal history of Palak Buildvision LLP, examining complaints against them and assessing their overall performance based on the available data.
Legal Case Summary
Palak Buildvision LLP has faced a total of 2 complaints, both of which resulted in legal loss for the builder. Below is a summary of the legal disputes:
- Case 1: The firm was penalized ₹1,00,000 following an incident where they claimed that a violation was unintentional, which the authorities did not accept.
- Case 2: The firm had failed to mention the website address of the authority in an advertisement, violating a section of the Real Estate Act. For this, they were imposed a penalty of ₹10,000, which they claimed was due to an unintentional error in collaboration with the advertising agency.
Analysis of Legal Cases
Common Factors in Lost Cases
- Failure to Comply with Regulations: Both cases that resulted in losses for Palak Buildvision LLP involved regulatory violations. They failed to adhere to advertisement standards as set out by the Real Estate Act and were found negligent in handling their promotional content.
- Penalties Imposed: The builder faced financial penalties in both incidents, which indicates a pattern of scrutiny over their operations and a need for greater diligence in complying with regulations governing their advertising practices.
Common Factors in Won Cases
- Claims of Unintentional Errors: In both incidents, Palak Buildvision LLP defended itself by claiming the errors were unintentional. While these cases were lost, the consistent defense strategy highlights a common theme in their approach to legal disputes.
- Limited Successful Defense: Despite their claims of unintentional mistakes, it is noteworthy that the builder was unable to win any cases, suggesting that the legal strategies employed were not sufficient to sway judicial opinions in their favor.
Conclusion
In conclusion, Palak Buildvision LLP presents a mixed picture based on the limited data available. The builder has experienced complaints resulting in legal losses, primarily tied to regulatory oversights. Prospective buyers should exercise caution and consider these factors when deliberating whether to engage with this builder.
Tips for Potential Buyers
- Research Thoroughly: Prior to purchasing, conduct a detailed research on the builder’s legal history, ensuring you understand their track record in terms of customer satisfaction and legal compliance.
- Check for Customer Reviews: Look at online reviews and testimonials from previous clients to gauge their experiences with Palak Buildvision LLP.
- Ask About Compliance Measures: Inquire about the measures that the builder is taking to prevent future regulatory violations and how they plan to address any ongoing concerns.
General Tips for Selecting Any Builder
- Certifications and Reputation: Ensure the builder is certified and has a solid reputation in the real estate community.
- Transparency: A reliable builder should provide transparent information about projects, timelines, and financial commitments.
- Visit Past Projects: If possible, visit previous projects completed by the builder to observe quality, craftsmanship, and adherence to timelines.
Navigating the world of real estate can be challenging, but an informed buyer can make educated decisions that lead to satisfactory home investments.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Palak Buildvision LLP, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues in the real estate sector, particularly concerning compliance with regulatory requirements and the unintended consequences of advertising errors.
The first type of case revolves around Regulatory Non-compliance. In these instances, the builder faced scrutiny for violating specific sections of the Real Estate Act. For example, the Authority claimed that the promoter firm published an advertisement without mentioning the website address of the Authority, which is a legal requirement. This highlights a pattern where builders may not fully adhere to the regulatory framework, leading to legal consequences.
Penalties for Violations emerge as another common theme. In each case summarized, the builder was imposed with a penalty - ranging from Rs 10,000 to Rs 1.00 lakh - indicating a systemic issue where the builder’s actions resulted in legal fines. These penalties suggest that the builder may have been occasionally reckless with compliance, leading to financial repercussions.
The repeated claim of Unintentional Errors in Advertising stands out in the builder's defense. The promoter firm often attributed violations to inadvertent mistakes, asserting that they had provided all necessary details to advertising agencies. This reveals a potential pattern of negligence in overseeing the advertising process, which, while not malicious, nonetheless resulted in legal trouble.
The reasons people commonly brought cases against Palak Buildvision LLP primarily revolved around contesting these penalties and addressing regulatory non-compliance. There was a prevalent concern among the Authorities that the builder’s actions were not only violating legal standards but also potentially misleading consumers in the real estate market.
Examining the outcomes of these cases, it’s evident that the builder lost primarily due to insufficient evidence to defend their actions, coupled with a failure to comply with clear regulatory requirements. The repeated imposition of penalties signals a need for the builder to re-evaluate their operational processes, especially concerning advertising and compliance, to mitigate future legal risks.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| F.1५(35)RJ/RERA/C/2… | Rajasthan | The promoter firm, Palak Buildvision LLP, publish… | ["Unintentional hum… | {"appellant_claim": "The Authority claimed that t… | Rajasthan Real Esta… | Palak Buildvision L… | https://rera.rajasthan.gov.in/Content/pdf/suo moto palak.pdf |
| F.15(138)RJ/RERA/C/… | Rajasthan | The promoter firm, Palak Buildvision LLP, was fou… | ["Violation of sect… | {"appellant_claim": "", "respondent_claim": "The … | Palak Buildvision L… | https://rera.rajasthan.gov.in/Content/pdf/4011Suo moto Vs palak buildvision.pdf |