| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When it comes to choosing a builder for your dream home, awareness of their legal track record can significantly influence your decision. Realty India Limited, operating solely in Karnataka, has encountered a mixed bag of legal challenges that potential buyers should consider. This blog post delves into the builder's complaint history, legal case outcomes, and offers vital tips for prospective buyers.
Builder Overview: Realty India Limited
Realty India Limited has registered 2 complaints against it, and unfortunately, it has lost all of them. The cases highlight issues primarily related to financial disputes, particularly concerning refunds and compensation for mental distress.
Legal Case Details
The builder faced two legal cases, both resulting in losses:
- Case One: The complainant requested a refund of the booking amount and additional compensation for mental agony. The builder counterclaimed that the complainant failed to pay 30% of the total consideration amount as per the …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Realty India Limited, where the builder lost, revealed several key themes and patterns. The cases primarily revolved around two topics: "Refund and Compensation Claims" and "Disputes over Payment Compliance."
In the "Refund and Compensation Claims" category, complainants often sought refunds for the booking amounts they had paid to the builder, citing reasons like mental agony and distress due to the builder's failure to fulfill agreements. These claims highlight a significant area of concern for potential buyers regarding the builder's reliability and accountability.
The "Disputes over Payment Compliance" theme emerged from the builder's consistent defense, which revolved around the claimants' alleged failure to pay 30% of the total consideration amount as per their agreements. The builder denied refunds based on this contention, indicating a systemic issue in communicating payment requirements or ensuring compliance with agreed-upon terms.
A common trigger for litigation in these cases was …
Individual case details available for subscribers.
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