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PARSHNATH DEVELOPERS

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

Parshnath Developers: Understanding the Landscape

When it comes to real estate, choosing the right builder is crucial for ensuring a smooth and successful home-buying experience. Today, we delve into the operations of Parshnath Developers, a player in the Indian real estate market, primarily active in Gujarat.

Overview of Complaints and Legal Cases

Parshnath Developers has a total of 1 complaint logged against them. Notably, they have lost this case, illustrating potential challenges in their business practices. The details of this legal case paint an important picture for current and future clients.

Case Summary

The only legal case involved the Gujarat Real Estate Regulatory Authority (RERA). The details are as follows:

  • Appellant Claim: The promoters of Parshnath Developers claimed that they had experienced delays in submitting quarterly reports due to various unspecified reasons.
  • Respondent Claim: RERA countered that these delays constituted a violation of the RERA Act and the …

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Cases Lost by Builder (When Filing)

Yearly Trend for these Cases

Common Topics
Regulatory Non-compliance Penalties for Delayed Reporting Disputes Related to Project Management

The analysis of the cases filed by the builder Parshnath Developers, in which they faced loss, reveals significant insights into the nature of disputes and their outcomes.

There are several recurring themes that characterize the builder's legal challenges, particularly in the realm of regulatory compliance and project management practices.

  1. Regulatory Non-compliance: A key area of contention arose from the builder's failure to adhere to the regulations set forth by the Gujarat Real Estate Regulatory Authority (RERA).
  2. Penalties for Delayed Reporting: The builder frequently faced penalties due to delays in reporting, which suggests a trend of overdue submissions to regulatory bodies.
  3. Disputes Related to Project Management: The claim that various reasons contributed to the failure in submitting reports indicates potential underlying issues in project management or operational inefficiencies.

The reasons the builder brought cases to court primarily stemmed from contesting penalties imposed on them and disputing claims of …

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