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REALIZE REALCON PRIVATE LIMITED

3.8/5 (1 case analyzed)
  • States Active In: Bihar
CINU70109BR2015PTC024015
Year EstablishedNot Available
Address601, GANGA-6, JALALPUR CITY RAMJAY PAL NAGAR, BAILEY ROAD PATNA Patna BR 801503 IN
Company StatusPrivate

Overall Case Outcomes

Introduction

In the realm of real estate development, the reputation and reliability of builders are of paramount importance to potential homebuyers. Today, we take a closer look at Realize Realcon Private Limited, a builder based in Bihar, focusing on their complaint history and project outcomes.

Builder Overview

Realize Realcon Private Limited has garnered attention for its involvement in the Realize Green Exotica project, which has been a source of contention with at least one legal complaint filed against them. With a singular complaint listed, the builder's track record in navigating legal challenges is worth dissecting.

Legal Case Details

Lost Cases

Realize Realcon has one documented legal case, which they lost. The case involved a significant complaint from a buyer who alleged they paid ₹15,01,000 for a flat in the Realize Green Exotica project. The complainant claimed that the builder failed to complete the project or deliver possession of the property. …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Delayed Possession Claims Project Transfer and Responsibility Disputes

Analysis of the cases filed against Realize Realcon Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Project Transfer and Responsibility Disputes.

In the case of Delayed Possession Claims, the complainant paid a significant amount of Rs. 15,01,000 for a flat in the Realize Green Exotica project. However, the builder failed to complete the project or deliver possession, leading to a legal dispute. This highlights a common reason for litigation in real estate, where buyers often find themselves in disputes over delayed possession or unfulfilled promises of completion.

The second theme, Project Transfer and Responsibility Disputes, revolves around the builder's claim that they had transferred the project to a new promoter, M/s Pepple Infracon Pvt. Ltd, and thus it was not their responsibility to complete the project. This indicates a broader issue …

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