| CIN | U70101HR2006PTC064788 |
|---|---|
| Year Established | Not Available |
| Address | Plot No 114, Sector-44 Gurgaon Gurgaon Gurgaon HR 122002 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
Navigating the real estate landscape can prove to be a challenging task for prospective buyers, especially when it comes to choosing the right builder. In this article, we delve into RAMPRASTHA ESTATES Private Limited, a builder currently operating in Haryana, providing critical insights based on recent legal findings.
Company Overview
RAMPRASTHA ESTATES Private Limited is primarily engaged in the development of residential projects. However, potential buyers should be vigilant given the builder's history with consumer complaints and legal disputes.
Legal Challenges and Trends
RAMPRASTHA ESTATES has encountered 2 complaints resulting in litigation. Here's an overview of the outcomes:
- Cases Won: 0
- Cases Lost: 2
Case Details
Both cases involved similar claims from complainants who alleged delays in possession of their residential plots initially promised for completion on July 18, 2016. The builder argued that these delays stemmed from various reasons, including force majeure events—factors beyond their control.
Despite …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Ramprastha Estates Private Limited, where the builder lost, revealed several key themes across the complaints raised by the other parties. The primary disputes revolve around delayed possession claims, with multiple complainants alleging that the builder failed to hand over residential plots by the agreed-upon date of 18.07.2016.
The builder consistently cited various reasons for these delays, frequently invoking the concept of force majeure. However, the authorities did not accept this defense and instead directed Ramprastha Estates to pay interest at the rate of 9.30% per annum for every month of delay from 18.07.2016 until the actual date of possession. This penalty indicates a systemic issue where the builder was unable to meet contractual obligations, leading to significant losses for the purchasers in terms of delayed investment returns and housing availability.
A pattern emerges from these summaries: the common trigger for litigation in …
Individual case details available for subscribers.
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