CIN | U45400MH2011PTC216545 |
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Year Established | 21-Apr-11 |
Address | PIRAMAL TOWER, 8TH FLOOR, GANPATRAO KADAM MARG, LOWER PAREL, MUMBAI MH 400013 IN |
Company Status | Private |
In the competitive landscape of real estate, selecting the right builder is paramount. One such entity is PRL Developers Private Limited, a company operating primarily in Maharashtra. This blog examines the company’s legal track record concerning complaints and outcomes, presenting insights that can assist prospective buyers.
PRL Developers has received a total of 3 complaints, but they have remarkably won all 3 cases filed against them, with no losses recorded. This undefeated legal standing suggests a solid track record of defending their interests effectively.
Let's delve into the specifics of the cases PRL Developers handled:
Overall, PRL Developers Private Limited presents a favorable legal profile, having won every case taken against them and demonstrating a tendency towards amicable resolutions. This aspect could be particularly appealing to potential buyers looking for reliability in a builder.
By considering these factors, potential buyers can make more informed decisions in their pursuit of acquiring properties from PRL Developers or any builder in the market.
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Here you’ll find cases where the builder sued others and won. We’ve included a summary and key insights from each case.
An analysis of the cases filed by the builder, which it won, revealed the following information. The cases can be grouped primarily into two common themes: Case Settlement and Appeals and Rejoinders.
The builder commonly brought these cases to court in order to contest penalties and project delays attributing to actions or claims made by other parties. Common triggers for litigation include misunderstandings of the contractual obligations and accusations of delays, which the builder successfully argued against by providing counter-evidence or by demonstrating compliance with regulations.
The summaries indicate that the builder frequently emerged victorious due to insufficient evidence from opposing parties or misinterpretations of the relevant legal frameworks. There were indications that buyers or other claimants occasionally relied on false or exaggerated claims, leading to disputes. The builder, PRL Developers Private Limited, was thus able to defend itself effectively, showcasing its robustness in litigation.
This analysis indicates that builders can face unjust claims from buyers, underscoring the importance of thorough documentation and communication in real estate transactions. PRL Developers Private Limited has established a strong reputation for not only delivering projects but also for effectively managing disputes when they arise.
In conclusion, potential buyers are advised to make informed decisions when engaging in real estate transactions. While some disputes are legitimate, the evidence from these cases suggests that builders like PRL Developers Private Limited can and do successfully defend against erroneous claims. It is vital for buyers to approach claims critically and seek reliable information before forming opinions about a builder's reputation.
This dictionary provides an organized structure to analyze and summarize the builder's litigation cases and offers insights into the builder’s reputation and the nuances of real estate disputes.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
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AT006000000134093/22 | Maharashtra | The parties to the appeal have amicably settled t… | ["amicable settleme… | {"appellant_claim": "Not provided", "respondent_c… | PRL Developers Priv… | Ashlesha Gupte | https://drive.google.com/uc?id=1JxUke-QiRwIx_IzE4lhBUdQUZZUqBXje |
M.A. No. 71/23 (Sta… | Maharashtra | Appellant PRL Developers Pvt. Ltd. seeks stay in … | ["Stay in real esta… | {"appellant_claim(in detail)": "The appellant see… | PRL Developers Priv… | Ashlesha Gupta | https://drive.google.com/uc?id=16mc3VFLd4dzy8voCt2PW_H1GFc0jVbDh |