| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the competitive field of real estate, transparency and compliance with regulations are paramount for builders. PSV Associates RFPI, a builder operating primarily in Gujarat, has made headlines with its recent legal challenges. This blog post will provide an overview of the builder’s legal standing, analyze the complaints they have faced, and offer guidance for potential buyers.
Overview of Legal Issues
PSV Associates RFPI has been involved in a legal case that illustrates the importance of adhering to real estate regulations.
Summary of the Legal Case
In the case brought against them, the builder faced claims that they had failed to register their project as required under the Real Estate (Regulation and Development) Act, 2016. The respondent alleged that PSV Associates RFPI did not display the necessary registration number or website information in their advertisements, leading to a regulatory fine imposed by the GUJRERA of Rs. 1,25,000. The builder …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against PSV Associates RFPI, where the builder lost, reveals several key insights into their legal disputes. The cases can be broadly categorized into two themes: regulatory non-compliance and penalties for violations.
The first type of cases involves regulatory non-compliance, where the builder failed to adhere to the required legal frameworks, particularly the Real Estate (Regulation and Development) Act, 2016. In one notable case, the respondent claimed that PSV Associates RFPI did not register their project as mandated by law and neglected to display their registration number and website in promotional advertisements. This highlights a significant pattern wherein the builder faced legal action primarily due to their failure to comply with regulatory requirements.
People commonly brought cases to court to contest the penalties imposed on the builder for these violations. The builder's defense often revolved around claims of unjustified fines and allegations of non-violation of regulations. …
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