| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction to Parswanath Developers
Parswanath Developers is a builder operating primarily in the state of Gujarat. Like many builders in the real estate sector, they have faced legal challenges from customers. In this blog post, we will analyze the legal situation surrounding Parswanath Developers, focusing on their complaint history and the outcomes of legal cases against them. Additionally, we will provide some guidance for potential buyers considering properties from this builder.
Legal Complaints Overview
Parswanath Developers has received a total of 2 complaints, both of which resulted in the builder losing the cases. It's important to take note of the nature and outcomes of these cases to understand the implications for potential buyers.
Details of Legal Cases
- Case Summary 1：
- Appellant Claim: The appellant alleged that Parswanath Developers violated Section 3(1) of the Real Estate (Regulation and Development) Act, 2016, by advertising the sale of their project …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Parswanath Developers, where the builder lost, reveals significant insights into their legal disputes. The cases can be broadly categorized into two themes: RERA Compliance Issues and Failure to Submit Mandatory Reports.
The first theme, RERA Compliance Issues, involves violations of the Real Estate (Regulation and Development) Act, 2016. In one case, the builder was fined for advertising a project without obtaining the required RERA registration. Although they claimed to have submitted an application, the lack of registration at the time of advertisement led to the violation. This highlights a pattern where builders may prioritize marketing over regulatory compliance, leading to legal repercussions.
The second theme, Failure to Submit Mandatory Reports, pertains to the builder's obligation to maintain transparency through timely reporting. In this instance, Parswanath Developers failed to submit an annual audit report within the stipulated time limit, which resulted in a penalty. …
Individual case details available for subscribers.
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