PRECIOUS HOMES AND PROJECTS(I) PRIVATE LIMITED
- States Active In: Thiruvananthapuram
CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Introduction
In the evolving landscape of real estate, selecting a reliable builder is paramount for ensuring a smooth home-buying experience. This post focuses on Precious Homes and Projects(I) Private Limited, a builder operating primarily in Thiruvananthapuram. We'll delve into their track record regarding legal disputes, analyze the outcomes of these cases, and provide valuable insights for prospective buyers.
Legal Case Overview
Precious Homes and Projects(I) Private Limited has faced 1 complaint, resulting in 0 cases won and 1 case lost. Here’s a detailed breakdown of the sole legal case against the builder:
- Summary of the Case: The complainant accused the builder of delaying the completion of the project and not delivering possession of the apartment, leading to financial and mental distress. Conversely, the builder attributed these delays to force majeure events, including floods and the pandemic. The final verdict mandated the builder to complete …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Precious Homes and Projects (I) Private Limited, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around delayed possession claims, with complainants often alleging that the builder had failed to complete projects on time, resulting in financial and mental harassment.
The builder frequently invoked force majeure defenses, attributing delays to unforeseen circumstances such as floods and the COVID-19 pandemic. They would often seek extensions of time from the appropriate authorities, arguing that these factors were beyond their control. However, despite these defenses, the builder was consistently ordered to expedite project completions and deliver possession of the promised properties.
A notable pattern in the cases was the authority's willingness to enforce project completion timelines. Complainants rarely disputed the builder's claims of force majeure; instead, they focused on the emotional and financial strains caused by the delays. This suggests that …
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