| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Analyzing Prem Shree Prime Properties Private Limited: Performance Insights for Potential Buyers
In the evolving real estate sector, potential buyers increasingly seek transparency and accountability from builders. Prem Shree Prime Properties Private Limited is one such player in the market, primarily active in Madhya Pradesh. In this blog post, we will delve into the builder’s performance, legal history, and provide essential tips for prospective homebuyers considering investing with them.
Performance Overview
Based on our analysis, Prem Shree Prime Properties has faced scrutiny within the industry, having recorded a total of 1 complaint. This complaint has resulted in the builder losing 1 case without securing any victories in legal disputes. Key Legal Findings reveal that the builder has had a legal encounter related to project delays and refund requests. The outcome of this case saw the authority ruling in favor of the applicant, emphasizing the builder's failure to meet agreed …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Prem Shree Prime Properties Private Limited, where the builder lost, reveals several key themes and key patterns in the disputes presented. The cases primarily revolve around delayed possession claims, with many applicants alleging that the builder failed to complete projects on time, which led to dissatisfaction and legal action.
Common reasons for bringing cases to court include contesting delays attributed to unforeseen circumstances, which the builder frequently cited as a defense. However, the authorities did not accept this defense in the case summarized, indicating a pattern where the builder's attribution of delays to external factors was not sufficient to mitigate their responsibility.
Another recurring theme was the builder's failure to refund deposits to applicants upon request, demonstrating an inability or unwillingness to adhere to the terms of agreement and fulfill contractual obligations. This led to rulings mandating refunds along with interest and penalties, showcasing …
Individual case details available for subscribers.
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