PARASNATH BUILDERS & DEVELOPERS INDIA PRIVATE LIMITED
- States Active In: Madhya Pradesh
CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Introduction
When it comes to real estate investment, choosing the right builder is crucial for ensuring a smooth buying experience and a secure investment. In this article, we will take a closer look at Parasnath Builders & Developers India Private Limited, examining their legal history, customer feedback, and key considerations for potential buyers.
Overview of Parasnath Builders & Developers
Parasnath Builders & Developers India Private Limited operates in the state of Madhya Pradesh, where they have undertaken various construction projects. While the number of complaints against the firm appears minimal, the legal history reveals a different narrative worth exploring.
Legal Case Details
Summary of Cases
They have been involved in one legal case, which they lost. The complaint revolved around the delay in possession of a residential plot and duplex, causing financial problems and mental distress to the applicant. The builder reported that the delay was due to the applicant’s …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Parasnath Builders & Developers India Private Limited, which it lost, revealed several key themes across the complaints raised by the other parties involved. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Payment Disputes.
The cases often involved claims from the applicants stating that the builder delayed possession of residential plots and duplexes, which led to financial difficulties and mental distress. For instance, in one case, the applicant claimed that the delay in possession caused them financial problems and mental damage. This theme highlights a significant area of concern for potential buyers who rely on timely possession of their properties.
Payment disputes emerged as another common theme, with builders often claiming that delays were attributable to the applicants' failure to make payments on time. In the same case mentioned earlier, the builder contended that the applicant delayed payment, …
Individual case details available for subscribers.
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