| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the complex world of real estate, buyer trust is often established through a builder's reputation and track record. One builder that has recently come under examination is Philby Real Estate. With operations primarily in Haryana, this builder has experienced a series of legal complaints that potential buyers should be aware of. In this blog post, we'll analyze the data regarding complaints against Philby Real Estate and provide insights for prospective clients.
Overview of Philby Real Estate
The builder, Philby Real Estate, has recorded 1 complaint on record. Unfortunately for those considering the purchase of a property from them, Philby has lost this case, resulting in a judgement against them.
Legal Case Details
- Total Cases Filed: 1
- Cases Won: 0
- Cases Lost: 1
- States with Projects: Haryana
The sole complaint involved a claim from a buyer concerning a delay in possession of a flat. …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Philby Real Estate, where the builder lost, reveals several key themes and key takeaways across the disputes.
The primary theme in the reported case revolves around "Delayed Possession Claims." In this context, the complainant sought interest compensation due to significant delays in the possession of their flat. The builder, on the other hand, defended its position by invoking "Force Majeure" circumstances, which are situations beyond the builder’s control that cause delays. However, the authority did not accept this defense and directed Philby Real Estate to pay interest at the rate of 10.15% per annum for every month of delay, leading to a loss for the builder in this case.
Common reasons for bringing cases to court in these types of disputes often center around the financial repercussions of project delays. Complainants, who are typically home buyers, may contest the duration of the …
Individual case details available for subscribers.
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