| CIN | U45200HR2006PTC036468 |
|---|---|
| Year Established | Not Available |
| Address | 11TH FLOOR, PARAS TWIN TOWERS, TOWER - B, GOLF COURSE ROAD, SECTOR 54, , GURGAON, Haryana, India - 122002 |
| Company Status | Private |
Overall Case Outcomes
Introduction
When considering a real estate investment, potential buyers often look into the reputation and track record of builders. In this blog post, we delve into the performance of Paras Buildtech India Private Limited, focusing on their legal disputes, project locations, and overall assessment to help potential buyers make an informed decision.
Builder Overview
Name: Paras Buildtech India Private Limited
States with Projects: Haryana
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
Legal Case Details
Recently, there has been scrutiny on Paras Buildtech, particularly concerning a legal case filed by a complainant.
- Case Summary: The complainant sought a refund for the delayed possession of a flat. In response, Paras Buildtech contended that the complainant was merely an investor and not entitled to protection under the relevant real estate act. Ultimately, the authority directed the builder to issue a refund with interest while …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Paras Buildtech India Private Limited, where the builder lost, reveals several key themes and key patterns in the disputes. The cases primarily revolve around delayed possession claims, with customers seeking refunds due to significant delays in the delivery of their flats.
One of the most notable themes is the builder's attempt to categorize complainants as investors rather than genuine homebuyers. This distinction is critical because it determines whether the complainant is entitled to protection under the relevant legislation governing real estate transactions. The builder's defense often hinges on this classification, but as evidenced by the outcomes, the authority has generally ruled in favor of the complainants, indicating a failure on the builder's part to uphold contractual obligations.
The common reasons for bringing cases to court primarily center around delayed possession and the builder's failure to adhere to promised timelines. Complainants often found …
Individual case details available for subscribers.
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