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PRARTHIA V.N. BUILDTECH PRIVATE LIMITED

3.8/5 (1 case analyzed)
  • States Active In: Rajasthan
CINNot Available
Year EstablishedNot Available
AddressNot Available
Company StatusNot Available

Overall Case Outcomes

Introduction

In the world of real estate, selecting a builder can be one of the most consequential decisions for homebuyers. Prarthia V.N. Buildtech Private Limited, operating primarily in Rajasthan, provides a case study into the complexities that homeowners may face. With a minimal number of complaints and a unique legal history, it's essential to delve deeper into the builder's performance, the judicial outcomes, and what potential buyers need to consider.

Builder Overview

Prarthia V.N. Buildtech Private Limited has registered only one complaint against it. While the number might at first glance suggest a relatively straightforward track record, it is critical to analyze the details of this case to understand the implications for prospective buyers.

Legal Case Details

The builder faced a single legal challenge where the case was won by the appellant. The details reveal that:

  • Claim: The appellant claimed that the builder delayed the possession of a flat and …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Delayed Possession Claims Pandemic Related Delays Compensation for Mental Agony Refund and Interest on Deposits

Analysis of the cases filed against Prarthia V.N. Buildtech Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be grouped into common themes such as delayed possession claims, with the majority of cases centered around the builder's failure to deliver properties on time.

The reasons provided for these delays were varied, with the COVID-19 pandemic being frequently cited as a cause for disruption in the construction and delivery of flats. However, despite these defenses, the RERA Authority consistently sided with the applicants, indicating a degree of skepticism towards the builder's justifications.

The most notable outcome from these cases was the RERA Authority's decision to award compensation, which included a refund of the deposited amounts with interest at the rate of 10.70% per annum, as well as additional compensation for mental agony and other related expenses. This demonstrates a commitment to protecting the interests …

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