| CIN | U45400DL2010PTC197642 |
|---|---|
| Year Established | Not Available |
| Address | 17/6, ANAND PARBAT, INDUSTRIAL AREA NEAR GALI NO.10, NEW ROHTAK ROAD , NEW DELHI, Delhi, India - 110005 |
| Company Status | Private |
Overall Case Outcomes
Introduction
When considering a real estate investment, due diligence is essential. For prospective buyers looking into projects in Punjab, one name that comes up is Premium Acres Infratech Private Limited. In this article, we will delve into the builder’s performance based on complaints and legal case outcomes, providing insights to help you make an informed decision.
Builder Overview
Premium Acres Infratech Private Limited is a builder actively engaged in projects within Punjab. While the number of complaints registered against them is relatively low, understanding the nature of these complaints and the associated legal outcomes is crucial for potential buyers.
Legal Case Details
Complaints Overview
The records indicate that Premium Acres faced a total of 2 complaints, both of which were adjudicated. Interestingly, despite the complaints, the builder has a track record of winning cases, boasting a success rate of 100%, highlighted by winning 2 cases and losing none.
Cases Lost
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Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, Premium Acres Infratech Private Limited, which the builder won, revealed the following information.
The disputes focused primarily on two key themes: unregistered project complaints and claims for refunds and compensation.
Under the theme of 'Unregistered Project Complaints', the recurring issue was the invalidity of complaints lodged against ongoing projects that lacked registration with the Real Estate Regulatory Authority (RERA).
In each instance reflected in the summary, the complaints were dismissed on the grounds of being non-maintainable as they pertained to unregistered projects.
This indicates that prospective buyers often bring forth complaints without ensuring that the projects in question are compliant with registration mandates, showcasing a gap in buyer awareness regarding regulatory norms.
The other theme, 'Claims for Refund and Compensation', involved complaints by buyers seeking refunds, interest, and compensation.
However, the consistency of these claims being linked to the unregistered status …
Individual case details available for subscribers.
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