| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Pashmina Builders & Developers: An In-Depth Look at Performance and Insights for Potential Buyers
When considering a real estate investment, understanding a builder's track record is essential. In this blog, we will dive into the performance of Pashmina Builders & Developers Private Limited, examining their legal history, analyzing their strengths and weaknesses, and providing valuable insights for potential buyers.
Overview of Pashmina Builders & Developers
Pashmina Builders & Developers Private Limited operates primarily in Karnataka. While they have a presence in the real estate market, their history reveals some concerns regarding customer satisfaction, as reflected in the number of complaints registered against them.
Legal Case Details
Pashmina Builders has faced a total of 6 complaints, with 4 cases resulting in losses and 2 wins. Here’s a closer look at both categories:
Cases Lost (4):
In the cases where the builder lost, a clear theme emerged:
- Common Factors:
- Delay Compensation Claims: …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Pashmina Builders & Developers Private Limited, where the builder lost, revealed significant insights into their legal disputes. The cases primarily revolved around two key themes: Delayed Possession Claims and the builder's reliance on the Force Majeure Defense.
The Delayed Possession Claims encompassed the majority of the complaints, where the buyers contested the builder's failure to deliver flats on time. In these cases, the buyers sought refunds for the amounts paid, citing the builder's inability to meet the promised deadlines. The builder, in their defense, consistently invoked force majeure events, alleging that various unforeseen circumstances led to the delays. However, the RERA (Real Estate Regulatory Authority) did not accept this defense and ultimately directed the builder to repay the amounts owed, including interest and costs.
A pattern emerges from these summaries: buyers were commonly driven to file cases due to the builder's failure to …
Individual case details available for subscribers.
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, Pashmina Builders & Developers Private Limited, which the builder won, revealed the following information. The cases can be categorized into several key themes, primarily focusing on 'Delayed Possession Claims' and 'Maintainability Issues'. The majority of complaints centered around claims for delay compensation and refund of amounts, with oppositions frequently citing the association's inability to represent individual members due to differing causes of action. This towered over the disputes as a significant point of contention.
The reasons behind these cases predominantly involve attempts by members of the association to seek compensation for alleged delays in project completion, as well as dissatisfaction regarding refunds. These complaints hint at a broader concern in the real estate market revolving around timely possession and financial redress in terms of refunds. Notably, the pattern that emerges from these summaries suggests that buyers often appeal for compensation when …
Individual case details available for subscribers.
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