| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the realm of real estate, selecting a reliable builder is crucial for any homebuyer. Rai Homes India Private Limited, operating out of Madhya Pradesh, has garnered attention in recent times due to their legal track record. In this blog, we will delve into the builder's history of complaints and legal cases, analyzing factors that buyers should consider before engaging with the company.
Legal Landscape of Rai Homes India
Rai Homes India Private Limited has experienced a rocky legal journey, with a total of 10 complaints filed against them. Out of these, they have won just 1 case while losing 9. This significant imbalance raises flags for potential investors. Let’s explore the details of these cases further.
Winners and Losers
Cases Won by the Builder
- Case Summary: The only victory for Rai Homes involved a case where the applicant claimed to have paid Rs. 46.40 lakhs but faced …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Rai Homes India Private Limited, which it lost, reveals several key themes across the various disputes. The cases primarily revolve around delayed possession claims, resulting in compensation sought by the applicants for the duration of the delays.
Many of the cases (1, 2, 3, 5, 6, and 7) highlight the common theme of Delayed Possession Claims. In these instances, the builder failed to deliver completed units to the buyers within the stipulated timelines, leading to claims for compensation and interest on the amounts paid by the purchasers. The builder consistently attributed these delays to unforeseen circumstances; however, the adjudicating bodies did not accept this defense and ultimately ruled in favor of the applicants.
Compensation for Delays was another frequently encountered theme. Buyers sought various forms of compensation, including refunds of the consideration amount, interest on their payments, and damages for mental …
Individual case details available for subscribers.
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder, Rai Homes India Private Limited, which it won, revealed the following information. The builder's legal disputes primarily revolve around payment discrepancies and claims of non-compliance. Through these cases, we can categorize the different conflicts based on recurring themes that reflect the nature of the builder's disputes.
Firstly, payment disputes emerged as a significant theme, with claims from buyers regarding the amounts paid. In one case, for instance, the applicant asserted that they had paid a total of Rs. 46.40 lakhs to the builder, while the respondent contended that the amount was not paid in full. This highlights a common trigger for litigation, as builder-buyer financial transactions often face scrutiny and allegations of incomplete payments.
Secondly, claims of non-compliance with tax directives also surfaced, particularly related to service taxes, indicating that such regulatory aspects can become points of contention. The …
Individual case details available for subscribers.
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