| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the ever-evolving world of real estate, choosing the right builder is a pivotal decision for potential homeowners. Today, we explore Rea Creators, a builder operating mainly in Gujarat, and dissect their track record based on available legal case information.
Builder Overview
- Name: Rea Creators
- Number of Complaints: 1
- Cases Won: 0
- Cases Lost: 1
- States with Projects: Gujarat
Legal Case Details
Rea Creators has faced legal challenges that reflect their operational practices. The builder has one noted case where they lost. This case involved a failure to submit the annual audit report for their project titled 'Sidharth Platinum' within the required timeframe. As a result, the Gujarat Real Estate Regulatory Authority (Gujrera) imposed a penalty of Rs. 40,000 and directed the promoter to ensure the annual report was made available on the necessary portal.
Analysis of Legal Track Record
Patterns in Lost Cases
The solitary case that Rea …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
The analysis of the cases filed by the builder Rea Creators, which resulted in losses, reveals insightful information about the nature of disputes and the themes surrounding them. Three primary themes emerged from the cases: Regulatory Non-compliance, Penalties for Late Reporting, and Disputes Over Submission of Required Documentation.
- Regulatory Non-compliance: This theme encapsulates the builder's failure to adhere to the requirements set forth by regulatory bodies. In the case specifically noted, Rea Creators failed to submit the annual audit report for their project 'Sidharth Platinum' in a timely manner. This non-compliance resulted in consequences imposed by Gujrera, emphasizing the importance of meeting regulatory deadlines and obligations.
- Penalties for Late Reporting: Associated with the previous theme, the builder faced a penalty of Rs. 40,000 due to the late submission of necessary documents. Such financial penalties highlight the repercussions that builders can face when they do not …
Individual case details available for subscribers.
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