| CIN | U72900DL2011PTC217792 |
|---|---|
| Year Established | Not Available |
| Address | A-27, MCIE, Mathura Road , New Delhi, Delhi, India - 110017 |
| Company Status | Private |
Overall Case Outcomes
Introduction
As the real estate market continues to grow, discerning potential buyers often face the challenge of selecting the right builder for their dream property. One name that has come up in Haryana's real estate sector is PS Technosystems Private Limited. In this blog post, we will delve into the builder's legal standing, analyze complaint patterns, and provide insights for potential buyers.
Overview of Legal Cases Against PS Technosystems
PS Technosystems Private Limited has been the subject of nine legal complaints, all of which the company has successfully defended, resulting in zero cases lost. This impressive record may initially suggest that the builder maintains a strong legal posture. However, a closer examination reveals that all nine claims originated from the same type of appellant argument.
Common Patterns in Cases Filed
The majority of the complaints filed against PS Technosystems revolve around a single theme: the classification of …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, PS Technosystems Private Limited, which the builder won, revealed the following information:
Overview of Common Disputes:
The disputes primarily revolved around claims alleging that the project in question was not classified as an 'ongoing project,' and therefore, according to the Haryana Real Estate (Regulation and Development) Rules, 2017, it should not have required registration. Many cases involved the appellant contesting the necessity of registration and seeking deferment of proceedings due to ongoing legal matters. The cases highlight a pattern of challenges to the classification of the project and its regulatory compliance.
Reasons for Legal Action:
Buyers and opposing parties filed these claims primarily to contest perceived penalties and project classification issues. Complaints surfaced regarding delays in project completion and the obligations for registration under real estate regulations. The frequent mention of applications for part completion certificates before …
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