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PRESTIGE LAKESIDE HABITAT

5.0/5 (1 case analyzed)
  • States Active In: Karnataka
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Overall Case Outcomes

Introduction

In the ever-evolving real estate landscape, choosing the right builder is paramount to ensuring a positive home-buying experience. Among the notable names in the market, Prestige Lakeside Habitat stands out, particularly for prospective buyers in Karnataka. In this article, we will delve into the builder's reputation, review their legal history, and provide essential tips for future buyers.

Prestige Lakeside Habitat Overview

Prestige Lakeside Habitat is a prominent real estate builder based in Karnataka. The builder has established credibility through multiple projects and an appealing portfolio of offerings. However, with one noted complaint and a legal case history, it’s essential to assess their overall standing.

Legal Case Analysis

Cases Against the Builder

Prestige Lakeside Habitat faced one legal case, which culminated in a notable outcome:

  • Complaint Summary: The complainant alleged that they had booked an apartment via Elegance Enterprises and had paid the complete installment. The issue arose …

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Cases Won by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Agent Misrepresentation Claims of Unauthorized Promises

An analysis of the cases filed against the builder, Prestige Lakeside Habitat, which the builder won, revealed the following information.

The disputes primarily revolved around claims of agent misrepresentation and issues concerning unauthorized promises made by intermediaries.

In the case summarized, the complainant alleged that they had booked an apartment through Elegance Enterprises and paid the full installment; however, they claimed that an agent failed to honor a credit note. The builder's defense countered this by asserting that the customer was not directly associated with them and that the agent did not have the authority to make any commitments on their behalf.

These cases were typically brought to court due to buyers contesting perceived financial losses related to bookings, often arising from misunderstandings or miscommunications involving the roles of agents in the transaction process. The pattern shows that some buyers hold builders accountable for the actions of third-party agents, leading …

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