| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When it comes to investing in property, potential buyers often weigh the reputation and track record of a builder. One such entity in the real estate space is Prachi Agriculture & Properties Private Limited. Operating primarily in Chhattisgarh, this builder has encountered some challenges wading through legal waters. In this blog post, we will dissect the relevant facts around Prachi Agriculture, examine their legal cases, analyze patterns in their dealings, and provide key tips for potential buyers.
Builder Overview
Prachi Agriculture & Properties Private Limited has managed to stay in the limelight, albeit not always positively. The company has faced one formal complaint, leading to a total of one legal case, which they ultimately lost, resulting in zero wins in any legal challenge to date. While they boast projects in just one state, their legal history prompts a closer examination.Legal Case Analysis
Overview of …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Prachi Agriculture & Properties Private Limited, where the builder lost, revealed several key themes and patterns. The disputes primarily center around two topics: Delayed Development and Registration Claims and Disputes over Payment and Project Delays.
In the first type of case, the applicant typically claims that the builder failed to develop the plot or register it despite having received the required payment. This points to an expectation that builders should fulfill their obligations in a timely manner, and any delay in development or registration can lead to legal consequences.
The second theme involves disputes over the payment made by the applicant and the builder's accountability for delays. Often, builders attribute delays to external factors like the COVID-19 pandemic, as seen in the case summary. However, the underlying issue usually revolves around the builder's failure to meet project timelines and fulfill agreements, which raises …
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