| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the competitive world of real estate, choosing the right builder is crucial for a successful investment. Prestige Sunrise Investments has gained attention, particularly within Karnataka, due to its limited number of complaints and successful track record in legal disputes. This blog post will analyze the builder’s performance based on available data, focusing on its legal history and what it means for potential buyers.
Overview of Prestige Sunrise Investments
Prestige Sunrise Investments operates primarily in Karnataka, where it has established itself as a notable player in the housing market. Despite showing a commendable record of only one complaint, the outcome of their legal cases merits a closer examination.
Legal Case Summary
The single case brought against Prestige Sunrise Investments involved a complaint concerning the delay in possession of an apartment. The complainant sought compensation, arguing that the delay had negatively impacted their plans. However, the builder countered that the …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, Prestige Sunrise Investments, which the builder won, revealed the following information.
The cases primarily revolved around 'Delayed Possession Claims' where complainants alleged that the builder had not delivered apartments on time.
However, the builder successfully defended these cases by stating that the project was exempt from registration as all development works had been completed and certified by the competent agency.
This brings us to the second category, 'Regulatory Exemption Disputes', which showed that the builder had adhered to necessary regulations and reassured potential buyers of the project's standing with competent authorities.
Finally, cases involving 'Construction Completion Certification' underscored that the builder ensured quality assurance by obtaining necessary certifications prior to project completion, effectively countering claims about delays or regulatory non-compliance.
The reasons for parties bringing these cases to court predominantly stemmed from dissatisfaction regarding project delays and the seek for compensation, …
Individual case details available for subscribers.
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!