| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the ever-evolving real estate landscape of Karnataka, Pashmina Brookwoods has emerged as a notable player. However, as potential buyers, understanding the builder's track record is essential for making an informed investment decision. Here, we delve into the legal history concerning Pashmina Brookwoods and provide essential insights for prospective homeowners.
Legal Case Overview
Pashmina Brookwoods has faced a total of four complaints, with an unfortunate track record of losing all the cases brought against them. This raises concerns and prompts a closer examination of the circumstances surrounding these legal disputes.
Detailed Case Examination
- Case Summary: In one significant case, several complainants alleged that they had booked apartments between 2013 and 2015. They claimed the builder took a loan within a year despite minimal progress on the properties. The final verdict mandated the developer to pay delay compensation effective from February 2017, demonstrating the court's recognition of the delays caused …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Pashmina Brookwoods, where the builder lost, revealed several key themes and patterns across the disputes. The cases can be broadly categorized into three topics: Delayed Possession Claims, Loan Disputes and Compensation, and Settlement and Withdrawal Cases.
The first type, Delayed Possession Claims, involves situations where buyers claimed compensation for the delay in possession of their apartments. In one significant case, the complainants, who booked their apartments between 2013 and 2015, alleged that the builder took loans without completing substantial work on the project. They claimed that the builder should pay delay compensation, which was not contested adequately by the builder, leading to a verdict requiring the builder to pay compensation at the rates of 9% and 10.75% per annum from different commencement dates.
Loan Disputes and Compensation cases highlight the underlying issues of financial dealings between builders and buyers. This often …
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