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In the competitive arena of real estate development, the reputation and legal standing of a builder can provide potential buyers with significant insight into their credibility. This blog post provides an in-depth analysis of Parth Developers, focusing on their legal disputes, project completions, and what potential buyers should know.
Parth Developers operates primarily in two states: Madhya Pradesh and Gujarat. However, their operations have seen them embroiled in legal disputes, with 3 complaints lodged against them, out of which they have lost all 3 cases.
Parth Developers has encountered challenges in legal cases, particularly revolving around compliance with the RERA Act. The primary case detail that stands out is:
This case reflects a significant aspect of the builder's operations: an apparent lack of adherence to regulatory frameworks that could signify deeper issues in project management and accountability.
Interestingly, Parth Developers also faced complaints regarding their project 'Balaji Enclave'. Here, they encountered claims of incomplete work:
This repeated outcome indicates a pattern: while Parth Developers has won these disputes formally, they have ultimately been held accountable to complete the projects, leading to financial repercussions and impact on their reputation.
From the available data, it is evident that Parth Developers has faced significant scrutiny and legal challenges, primarily related to compliance with the RERA Act. The developer has a pattern of winning in cases of project completion only under enforced conditions, which mirrors an alarming trend for potential buyers.
In summary, while Parth Developers has a presence in Madhya Pradesh and Gujarat, the evidence of complaint patterns and legal losses should warrant caution for potential buyers. Due diligence is paramount in navigating the real estate market.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Parth Developers, which it lost, revealed significant insights into the builder's legal disputes, primarily centered around the 'Balaji Enclave' project. The cases highlight two recurring themes: incomplete development work claims and refund and interest disputes.
The first theme, incomplete development work claims, encompasses the majority of the complaints filed against Parth Developers. In these cases, the applicants claimed that the builder failed to complete the promised development work on the 'Balaji Enclave' project. They sought refunds for the amounts paid along with interest, asserting that the incomplete work resulted in a breach of contract and a failure to deliver properties that met their expectations.
Common reasons for bringing these cases to court include the frustration and financial loss experienced by buyers who counted on timely completion and delivery of their properties. Many buyers depend on these investments for housing or financial returns, and delays often exacerbate their losses. In the case of Parth Developers, buyers contested the builder’s claims of completed development work, leading to a direct confrontation in the courtroom, where evidence and assurances of completion were scrutinized.
The verdicts in these cases reveal a pattern of rulings against Parth Developers, primarily due to insufficient evidence to support their claims of completed development work. The enforcement officer consistently sided with the applicants, indicating a systemic issue within the builder's operations, which failed to meet contractual obligations and regulatory requirements. The common outcome of these cases—ordering Parth Developers to complete the work and provide refunds with interest—illustrates a significant shortcoming in adhering to project timelines and fulfilling buyer expectations.
In summary, the cases against Parth Developers serve as a cautionary tale for potential buyers. They highlight the importance of thorough due diligence, examining a builder's previous projects, and looking for reviews or case histories before making a purchase. Buyers should be aware of their rights and be prepared to advocate for them if developers fail to deliver as promised.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
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#-S74-20-0666 | Madhya Pradesh | The applicant, Shri Yogesh Mahajan, filed a compl… | ["Non-completion of… | {"appellant_claim": "The applicant claimed that P… | Shri Mukesh Sharma | Parth Developers | https://www.rera.mp.gov.in/upload/complaint_files/553315533555.pdf |
Here you’ll find cases where the builder sued others but didn’t win. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed by the builder Parth Developers, which it lost, reveals important insights into their legal disputes and compliance challenges. The cases primarily revolve around three common themes: Regulatory Non-compliance, Penalties for Administrative Violations, and Disputes over Reporting Obligations.
The common reasons for bringing cases to court include contesting penalties for non-compliance and disputing claims of project delays that they attribute to external factors. This defensive approach suggests that the builder may be struggling with accountability and transparency issues. Patterns emerge in their litigation, primarily due to reluctance to accept regulatory obligations, leading to frequent disputes over information gaps and misinterpretations of the law.
Regarding the reasons why the builder lost these cases, a recurring factor is insufficient evidence to support their claims or defense. Additionally, their lack of compliance with established legal and regulatory guidelines has consistently worked against them in court. The builder's misunderstandings about reporting obligations and project classifications contribute to their legal predicaments, demonstrating a critical need for improved awareness and adherence to real estate regulatory requirements. Overall, it is imperative for potential buyers to consider these factors when evaluating the credibility and reliability of Parth Developers in future dealings.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
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GJ/CMP/NCAR/SURAT/2… | Gujarat | The promoter, Parth Developers, failed to submit … | ["Non-submission of… | {"appellant_claim": "The promoter claimed that th… | Parth Developers | https://drive.google.com/uc?id=1SNMy8Ow7FqUnPbuWTaGb4TJg8v3adiIq |