| CIN | U70100PB2005PTC029192 |
|---|---|
| Year Established | Not Available |
| Address | PREET CITY, SITE OFFICE, VILLAGE NANUMAJRA, SECTOR 86, SAS NAGAR PB 160068 IN |
| Company Status | Private |
Overall Case Outcomes
Assessing PREET LAND PROMOTERS AND DEVELOPERS PVT LTD: A Case Study
In the real estate sector, potential buyers often seek assurance regarding the credibility and reliability of builders. PREET LAND PROMOTERS AND DEVELOPERS PVT LTD operates notably in Punjab and has garnered attention due to a few legal disputes. In this article, we delve into the builder’s track record, analyzing the cases they faced and what it means for prospective buyers.
Overview of Complaints and Legal Cases
PREET LAND PROMOTERS AND DEVELOPERS PVT LTD has encountered a total of 3 complaints. Remarkably, they have won all three cases brought against them, indicating a potentially solid legal position. However, despite the favorable outcomes in court, the nature of the complaints raises some concerns.
Breakdown of Legal Cases
All three complaints against PREET LAND PROMOTERS AND DEVELOPERS PVT LTD were dismissed due to a common theme: the project's lack of registration …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, PREET LAND PROMOTERS AND DEVELOPERS PVT LTD, which the builder won, revealed the following information. The disputes primarily revolve around themes of delayed possession claims, regulatory non-compliance, and project registration issues. In several instances, complainants alleged that they had paid for plots but were not provided with possession. However, the builder's defense consistently highlighted that the projects in question were not registered with the RERA Authority, making the complaints non-maintainable according to current regulations.
The common reasons for these cases being brought to court stem from buyers feeling wronged due to delayed possession of their plots, as they believed they had fulfilled their financial obligations based on the agreements in place. Many buyers seemed to misunderstand the registration requirements and the implications on their claims.
In all instances, the builder was able to successfully defend itself by leveraging the argument …
Individual case details available for subscribers.
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