| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Understanding Radius Developers: A Case Study on Customer Complaints and Legal Challenges
When it comes to selecting a builder for real estate investments, it's crucial to evaluate their track record, legal standings, and customer satisfaction. In this post, we’ll take an in-depth look at Radius Developers, a builder operating primarily in Karnataka, and analyze their legal troubles and customer complaints.
Overview of Radius Developers
Radius Developers is a real estate builder known for its projects in Karnataka. However, like many builders, it has faced legal challenges that have raised concerns for potential buyers.
Legal Issues Faced by Radius Developers
Radius Developers has encountered a total of 2 complaints filed against them, both of which resulted in losses for the builder. Here’s a closer look at the details:
Case Summaries
- Complaint Overview: The plaintiffs claimed they had paid advances totaling Rs. 5,13,426 (Rs. 10,000 and Rs. 5,03,426) for an apartment, …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Radius Developers, where the builder lost, reveals significant insights into the common themes and disputes associated with their projects.
The cases highlight two recurring themes: Delayed Possession Claims and Disputes over Advance Payment Refunds. The plaintiffs in both cases claimed that they had made substantial advance payments (Rs. 10,000 and Rs. 5,03,426 respectively) and that the developer had failed to hand over possession of the promised apartments. Furthermore, they disputed the developer's claim of having returned the advance money, indicating a significant communication gap or potential fraud.
A common reason for bringing these cases to court was the failure to adhere to the promised timelines for possession delivery, which led to disputes over the advance payments. The builders were unable to provide valid reasons for the delays or convince the court that possession had indeed been offered, leading to a pattern …
Individual case details available for subscribers.
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