| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the ever-evolving landscape of real estate, selecting the right builder is crucial for potential homeowners. This blog post examines R Ances Realities Ventures, a builder operating in Madhya Pradesh, and assesses their performance based on legal complaints and case outcomes.
Overview of Builder Performance
R Ances Realities Ventures has had minimal engagement with legal disputes, recording only one complaint. However, the resolution did not favor the builder, as they lost the case. Here’s a deeper look into the specifics of their legal involvement:
Legal Case Details
- Total Complaints: 1
- Cases Won: 0
- Cases Lost: 1
The single complaint was centered around an issue of timely possession of a residential plot, with the applicant claiming that the builder failed to deliver the property within the agreed timeframe. In response, the builder attributed the delay to unforeseen circumstances but ultimately lost the case, leading to a directive for the company …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against R Ances Realities Ventures, where the builder lost, reveals several key themes and key patterns in the disputes. The cases primarily revolve around delayed possession claims, with the applicants often seeking compensation and interest for the inability of the builder to deliver residential plots within the agreed timeframe.
The builder's defense frequently cited unforeseen circumstances as the cause for the delays; however, this defense did not resonate with the authorities, leading to decisions mandating the builder to pay significant amounts inclusive of interest. The verdicts indicate a degree of disfavor towards the builder's reliance on circumstance-based defenses, suggesting that the authorities expect builders to adhere to timelines and clear commitments.
Common reasons for bringing cases to court include contesting the builder’s failure to meet project timelines and subsequently disputing the compensation and interest that the builder was willing to offer. The builders’ losses in …
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