| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
An In-Depth Review of RED CORAL PROPERTIES: Builder Analysis and Insights
When it comes to investing in real estate, understanding a builder's reputation and performance is essential. In this blog post, we will delve into the specifics of RED CORAL PROPERTIES, a builder operating primarily in Karnataka. We will analyze their legal history, draw insights from their cases, and offer tips for potential buyers considering their projects.
Overview of RED CORAL PROPERTIES
- Name: RED CORAL PROPERTIES
- States with Projects: Karnataka
- Number of Complaints: 1
- Cases Won: 1
- Cases Lost: 0
Legal Case Details
Case Overview: RED CORAL PROPERTIES has experienced a single complaint case. This case involved a claim filed by a complainant regarding a delay in possession for the project 'MAHAVEER CYGNET.' While the respondent (the builder) asserted that the matter was settled amicably out of court, the final verdict indicated that the complaint was dismissed as withdrawn.Patterns …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, RED CORAL PROPERTIES, which the builder won, revealed the following information.
The key theme emerging from these cases revolves around "Delayed Possession Claims." In the summarized case, the complainant accused the builder of delaying possession of the project 'MAHAVEER CYGNET.' Such claims are common in the real estate sector as buyers typically expect timely delivery of properties. The defense from RED CORAL PROPERTIES was that the matter had been settled amicably out of court, leading to the complaint being dismissed as withdrawn.
Many disputes brought to court often stem from misunderstandings regarding delivery schedules or from buyers feeling that they have been wronged due to a perceived delay. These situations may arise from various factors, including changes in project timelines due to regulatory issues or construction delays that are out of the builder's control.
A significant trend in the outcomes …
Individual case details available for subscribers.
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