| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the real estate market, the credibility of a builder plays a pivotal role in influencing buyers' decisions. Parsvnath Builder Developers, operating predominantly in Rajasthan, has come under scrutiny with its recent performance in legal matters. This blog post will explore the builder's legal history, including complaints and court cases, and provide insights for potential buyers considering their properties.
Legal Case Overview
Parsvnath Builder Developers has faced a total of two legal complaints, both of which have resulted in losses for the builder. This suggests a pattern of concerns from buyers regarding the timeliness and integrity of property delivery. To understand the nuances, let's delve into the specifics of each case.
Overview of Lost Cases
- Case Summary 1:
- Claim: The appellant claimed that the builder delayed possession of the flat and sought compensation and interest.
- Response: Parsvnath argued that the applicant was at fault for delaying …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Parsvnath Builder Developers, which it lost, reveals several key themes across the complaints made by buyers. The primary disputes can be categorized into delayed possession claims, compensation and interest disputes, and refund claims due to delays.
The cases often revolved around the builder's failure to deliver property on time, prompting buyers to seek compensation for the delays and interest on their investments. Buyers claimed that the builder had not only failed to adhere to promised timelines but also sought to deflect responsibility by blaming buyers for payment delays. The tribunal or adjudicating officer did not accept the builder's defense, indicating a pattern where builders may try to attribute their own delays to actions taken by buyers.
A common trigger for litigation in these cases was the builder's inability to meet project timelines and fulfill their contractual obligations. Buyers were not only expecting timely possession …
Individual case details available for subscribers.
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!