| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
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.
Overview of Parth Developers
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.
Legal Case Details
Cases Lost by Parth Developers
Parth Developers has encountered challenges in legal cases, particularly revolving around compliance with the RERA Act. The primary case detail that stands out is:
- Failure to Submit Annual Report:
- Claim: The promoter argued a lack of awareness concerning RERA provisions.
- Counter Claim: The …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
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 …
Individual case details available for subscribers.
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
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.
- Regulatory Non-compliance:\nA significant aspect of the disputes stems from the builder's failure to adhere to the regulations set forth by the Real Estate Regulatory Authority (RERA). This includes missing deadlines for crucial documentation, which has led to penalties that the builder contested in court. Such cases highlight not only the builder's unawareness of regulations but also the potential impacts of their non-compliance on their operational status.
- Penalties for Administrative Violations:\nThe builder has faced penalties for administrative violations, primarily resulting from the failure to submit required reports or documents. The case summary provides clear evidence of this fact, with the authority imposing fines as a form of …
Individual case details available for subscribers.
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