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Overall Case Outcomes
Introduction
In the many facets of real estate development, the behavior and performance of builders play a crucial role in the buyer’s experience. One such builder is Rajveer Realty, known for its projects predominantly situated in Gujarat. This blog post delves into the performance of Rajveer Realty based on legal cases, complaints, and what potential buyers should consider when engaging with them.
Overview of Rajveer Realty
Rajveer Realty has garnered attention for its involvement in legal proceedings, specifically with one formal complaint lodged against it. Out of this legal scrutiny, the builder has faced consequences, reflecting on its operational practices and communication with clients.
Legal Case Analysis
Complaint Record
- Total Complaints: 1
- Cases Won: 0
- Cases Lost: 1
Case Details
The single case filed against Rajveer Realty involved a claim regarding the late submission of the annual audit report for the financial year 2020-21. The appellant argued that the builder …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Rajveer Realty that the builder lost reveals several key themes across the disputes. The cases can be broadly categorized into regulatory compliance disputes, penalties for project delays, and issues stemming from the COVID-19 pandemic.
In terms of regulatory compliance, the builder faced challenges related to their obligation to maintain transparency in their financial dealings. Specifically, the builder failed to submit the annual audit report for the financial year 2020-21 within the stipulated time limit. This raised concerns about their adherence to financial regulations and reporting requirements, highlighting a pattern where builders may neglect compliance to expedite processes or due to lack of resources.
The builder also faced a penalty due to project delays, which is a common theme in real estate disputes. While the builder attributed the delay in submitting the audit report to complications arising from COVID-19, this defense did not meet with …
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