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PARAS HOMES PRIVATE LIMITED

3.8/5 (1 case analyzed)
  • States Active In: Madhya Pradesh
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Year EstablishedNot Available
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Overall Case Outcomes

Introduction

When considering a real estate investment, the reputation and track record of a builder can significantly influence the buying decision. In this blog post, we take a closer look at Paras Homes Private Limited, a builder with operations in Madhya Pradesh, analyzing their legal history and what it implies for prospective buyers.

Overview of Paras Homes Private Limited

Paras Homes Private Limited operates exclusively in Madhya Pradesh and has encountered legal issues that potential buyers should be aware of. With only one recorded complaint and no successful outcomes, their historical performance raises questions about reliability and customer satisfaction.

Legal Case Details

Cases Lost

Paras Homes has faced one legal case, which they unfortunately lost. Here’s an overview of the details:

  • Claim by the Applicant: The applicant claimed that Paras Homes failed to pay the consideration amount of Rs. 45,35,000 and sought compensation along with case expenses.
  • Defense by Paras …

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Cases Lost by Builder (When Filing)

Yearly Trend for these Cases

Common Topics
Regulatory Non-Compliance Disputes Over Transaction Details Claims of Payment Default Possession and Agreement Violations

Analysis of the cases filed by the builder Paras Homes Private Limited, which the builder lost, reveals significant insights into the recurring themes of disputes and the associated legal challenges.

Regulatory Non-Compliance: Many of the cases highlight the builder's issues with adherence to regulatory frameworks such as the Real Estate (Regulation and Development) Act (RERA). For instance, in one of the cases, the builder's claim was dismissed primarily due to their failure to comply with RERA provisions, which underlines the importance of regulatory alignment in real estate transactions.

Disputes Over Transaction Details: A recurring theme also involves disputes related to transaction details in sale agreements. The builder faced pushback from respondents who pointed to omissions in crucial information such as possession dates and payment specifics, which are essential to uphold contractual obligations. These details form the backbone of real estate transactions and highlight the necessity for comprehensive and …

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