| CIN | U45200AP2006PTC050050 |
|---|---|
| Year Established | Not Available |
| Address | 7-8-1/S1, Manikya Sadan Velamurivari Street, Ramaraopeta , Kakinada, Andhra Pradesh, India - 533004 |
| Company Status | Private |
Overall Case Outcomes
Precision Infrastructure Private Limited has garnered attention in the real estate sector, particularly in Haryana. However, their performance in legal disputes raises concerns for potential buyers. This article delves deep into the builder's track record concerning complaints and legal cases, providing insights for prospective homeowners.
Overview of Legal Issues
Precision Infrastructure Private Limited has faced three legal complaints, all of which were lost. The pattern depicted in these cases indicates that the builder has consistently struggled to meet possession deadlines as per the agreements with buyers. Below, we analyze the common themes that emerged from both the cases won and lost by the builder.
Patterns in Cases Lost
- Failure to Deliver Possession: In all three cases that resulted in complaints against the builder, the central issue revolved around the failure to deliver flats on time. Buyers claimed they did not receive possession within the agreed timeframe, leading them to …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Precision Infrastructure Private Limited, where the builder lost, revealed several key themes and patterns. The cases primarily revolved around three common topics: delayed possession claims, payment disputes, and refund entitlements.
The majority of the claims made by the complainants were associated with delayed possession of their flats. They often cited that the builder had failed to deliver possession within the agreed-upon time frame, which led them to seek compensation in the form of delay possession charges. This theme emerged in multiple cases, indicating a systemic issue within the builder's project management that resulted in repeated failures to meet contractual obligations.
Payment disputes were another significant theme, with the builder frequently claiming that delays were caused by defaults in payment from the complainants. However, the outcomes of the cases suggest that this defense did not resonate with the authorities, who instead focused on the builder's …
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