| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the bustling real estate sector of Goa, one builder that has garnered attention is Platinum Real Estates. While buyers often look for quality and reliability in their real estate investments, it is equally important to examine the track record of builders to gauge their credibility. This article delves into the performance of Platinum Real Estates by analyzing the complaints and legal cases they have faced.
Overview of Legal Cases
Platinum Real Estates has been embroiled in four legal cases, all of which have concluded unfavorably for the builder. Here’s a summary of the complaints:
- Project Completion Issues: Several complainants asserted that the construction of flats was incomplete, leading them to seek intervention from the RERA Authority to regain control over the projects.
- Refund Requests: Two distinct cases involved homeowners claiming refunds amounting to ₹29 lakhs with claims for interest due to delayed possession.
- Compensation for Delays: One complainant …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Platinum Real Estates, where the builder lost, reveals significant insights into the common themes and disputes surrounding their projects.
The cases can be broadly categorized into four types: Delayed Possession Claims, Project Completion Disputes, Refund and Compensation Claims, and Non-Compliance and Penalties. The majority of the claims were related to delayed possession of flats, with multiple complainants seeking refunds of Rs. 29 lakhs along with interest for the delays. This highlights an ongoing issue with the builder's ability to deliver properties on time, which has been a recurrent theme in real estate disputes.
People commonly brought cases against Platinum Real Estates primarily due to the frustration caused by the delays in possession, resulting in financial strain and disappointment for the purchasers. The builder’s failure to complete projects as promised led to a lack of trust, compelling buyers to seek legal recourse. The …
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