| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overview of Radhekrishna Developers
Radhekrishna Developers operates primarily in the state of Gujarat and has experienced some legal challenges, with a total of 2 complaints filed against the company. Unfortunately, the builder has lost both cases, raising concerns for potential buyers about the company's business practices and accountability.
Legal Case Analysis
Cases Won:Radhekrishna Developers has not won any cases in the data provided. Instead, both complaints led to outcomes unfavorable to the builder, which may indicate systemic issues within their operational procedures.
Cases Lost:Both cases against Radhekrishna Developers were related to failures in complying with the Real Estate (Regulation and Development) Act (RERA), particularly concerning the timely submission of quarterly reports. Some notable aspects of these cases include:
- Appellant Claims: In the cases filed, the complaints highlighted that Radhekrishna Developers did not submit the required quarterly reports as mandated by the RERA Act.
- Respondent Claims: The builder attempted to contest the claims by stating that reports were submitted on time but failed to provide adequate evidence to support this defense.
- Verdicts: In both instances, the Gujarat Real Estate Regulatory Authority found Radhekrishna Developers at fault, leading to imposition of fines, thus reinforcing the need for adherence to regulatory requirements.
Patterns Identified
Common Factors in Lost Cases:
- Failure to Provide Evidence: The builder's inability to supply necessary documentation to support their claims may indicate a lack of organizational diligence and thoroughness in operations.
- Regulatory Compliance Issues: The repeated nature of complaints concerning non-compliance with RERA suggests a pattern of disregard for mandated legal procedures and lack of transparency in reporting practices.
Common Factors in Won Cases:
- Absence of Winning Cases: Notably, Radhekrishna Developers has not won any cases, which can be perceived as a significant concern for stakeholders considering investment.
Conclusion
In conclusion, Radhekrishna Developers presents a profile of a builder struggling with legal compliance, as evidenced by the two lost cases relating to the absence of timely reporting under RERA. For potential buyers, this raises red flags regarding operational integrity and the reliability of promised services. Before engaging with this developer, buyers should thoroughly vet their projects and consider the legal history associated with the builder.
Tips for Potential Buyers Considering Purchasing from Radhekrishna Developers:
- Do Your Research: Investigate the history of the builder and their compliance record with regulatory bodies, especially concerning RERA.
- Seek Legal Counsel: Consider consulting with a legal expert if you're unsure about any contractual obligations or the legal standing of the developer.
- Request Documentation: As a buyer, ask for complete, verifiable records of project updates and compliance reports to ensure transparency.
General Tips for Buyers When Selecting Any Builder:
- Look for Reviews: Seek feedback from past customers and check online reviews to gauge the builder's reputation.
- Verify Licenses and Certifications: Ensure that the builder is licensed and adheres to all local regulations.
- Visit Completed Projects: If possible, visit previous projects to assess the quality of work and adherence to timelines.
- Understand Payment Terms: Be clear about the payment schedule and refund policies should work not meet the agreed timelines.
By staying informed and cautious, potential buyers can make better decisions when it comes to selecting their future homes.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Radhekrishna Developers, where the builder lost, revealed significant insights into their legal disputes. The cases can be broadly categorized into two themes: Non-compliance with RERA Act and Rules, and Delayed Reporting and Transparency Issues.
The first theme encompasses the builder's failure to adhere to the regulatory framework established by the Real Estate Regulatory Authority (RERA). In multiple instances, the builder was penalized for not submitting quarterly project reports on time. This reflects a troubling pattern of neglecting regulatory obligations, which could suggest a lack of professionalism in handling project documentation and compliance matters.
The second theme highlights issues related to transparency and timely reporting. Delays in report submissions not only breached RERA requirements but also raised concerns about the builder's operational practices. When contractors fail to provide essential documentation in a timely manner, it often indicates larger management or organizational issues that could impact project delivery and handover timelines.
Common reasons for the disputes in these cases primarily revolved around the builder's failure to fulfill their reporting obligations, which led to penalties imposed by the authority. The builders consistently claimed to have submitted reports on time, but the lack of evidence to support these claims resulted in legal losses. This pattern indicates a significant issue with either their reporting processes or their adherence to required timelines, both of which are critical in the real estate sector.
The outcomes of these cases serve as a warning to potential buyers about Radhekrishna Developers' compliance record and reporting practices. When engaging with a builder, it's essential for buyers to exercise diligence and review the builder's history with regulatory authorities. Non-compliance and lack of transparency can lead to further complications down the line, potentially affecting project completion dates and the builders’ commitments to their clients.
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 |
|---|---|---|---|---|---|---|---|
| Gu/CMP/NCQR/Vadodar… | Gujarat | The Gujarat Real Estate Regulatory Authority file… | ["Non-compliance of… | {"appellant_claim": "The appellant claimed that t… | Gujarat Real Estate… | Radhekrishna Develo… | https://drive.google.com/uc?id=1O8y5Llr9UoF0QuWfhuS7LGXHW8GHHsjU |