| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the realm of real estate, the reputation of a builder is paramount to ensuring a seamless purchasing experience for home buyers. Among the many builders operating in India, RATNABHOOMI BUILDSPACE stands out but not without some legal scrutiny. This post will delve into the builder's performance in legal cases, highlighting their challenges and successes, as well as offering insights for potential buyers looking to navigate the complexities of real estate.
Overview of RATNABHOOMI BUILDSPACE
RATNABHOOMI BUILDSPACE is based in Gujarat, serving the local community with various housing projects. However, as with many builders in the sector, they face challenges related to legal compliance and consumer satisfaction, as indicated by their number of complaints and the outcomes of cases brought against them.
Legal Case Analysis
Complaints and Verdicts
RATNABHOOMI BUILDSPACE has been the subject of one formal complaint, resulting in one case that they lost. The details of the …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Ratnabhoomi Buildspace, where the builder lost, reveals several key points across the spectrum of disputes encountered in real estate transactions.
The cases highlight two primary themes: regulatory non-compliance and advertisement violations. In the realm of regulatory non-compliance, the builder faced legal action primarily due to their failure to adhere to the Real Estate (Regulation and Development) Act, 2016. Specifically, the builder was found to have violated Section 11(2) of the RERA by not showcasing the RERA website in their advertisements. This highlights a growing concern among buyers regarding the transparency and compliance of builders with regulatory frameworks established to protect consumers in the real estate market.
The reasons people commonly bring cases against Ratnabhoomi Buildspace center around the builder's obligations under the RERA and their failure to meet those obligations, particularly in terms of advertising practices. Buyers are increasingly vigilant about compliance, …
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