| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
In the real estate market, trust is paramount for potential buyers. With numerous builders vying for the attention of homebuyers, understanding a builder's track record can significantly influence purchasing decisions. In this blog post, we take a closer look at Patel Realty India Limited, exploring their performance in legal disputes and offering valuable tips for potential buyers.
Overview of Patel Realty India Limited
Patel Realty India Limited has been involved in five legal complaints, out of which it has won one case and lost four. The company has projects primarily in Bengaluru and Karnataka, indicating their operational focus in these regions.
Analysis of Legal Cases
To assess Patel Realty’s legal standing, we need to delve deeper into the patterns seen in the cases won and lost:
Patterns in Lost Cases
- Absence of Complainants: Notably, the builder lost one case where the complainant did not attend the proceedings, resulting in …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Patel Realty India Limited, where the builder lost, revealed significant insights into their legal disputes. The cases can be broadly categorized into three themes: Delayed Possession Claims, Penalties for Project Delays, and Refund and Interest Claims.
The majority of the cases revolved around Delayed Possession Claims, where the complainants sought interest compensation for the delays in the delivery of their apartments. In each instance, the builder's defense—that they had not communicated the actual date of handing over or the project status—was inadequate, leading to the authority directing the builder to pay interest on the delay period at rates that varied depending on the case but consistently referenced the SBI MCLR plus an additional percentage.
Another recurring theme was Penalties for Project Delays, often intertwined with the delayed possession claims. The builder faced penalties not only for failing to deliver …
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, Patel Realty India Limited, which the builder won, revealed the following information. The cases highlight significant themes such as Project Registration Disputes and Claims of Absence in Proceedings, providing a glimpse into the common disputes that arise in the real estate sector.
Under the theme of Project Registration Disputes, we see that buyers often contest the status of project registrations, claiming that developers are not complying with legal obligations to register their projects. In this case, the complainant alleged that the developer had failed to register the project. The builder effectively countered this claim by providing evidence that the registration had indeed occurred on the specified date, demonstrating adherence to regulatory requirements.
Another theme highlighted in the case is the Claims of Absence in Proceedings. Many disputes stem from a lack of participation from complainants in court proceedings. In …
Individual case details available for subscribers.
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