| CIN | U45201DL2002PTC115318 |
|---|---|
| Year Established | Not Available |
| Address | MAHINDRA TOWERS,2A, BHIKAJI CAMA PLACE 2nd FLOOR, NEW DELHI , NEW DELHI, Delhi, India - 110066 |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the ever-evolving landscape of real estate, choosing the right builder is paramount for prospective homeowners and investors. One such builder that has gained attention is Regards Developers Private Limited, known for its activity primarily in Haryana. This article aims to provide a detailed analysis of the builder's track record, legal standing, and advice for potential buyers considering investing in their projects.
Overview of Regards Developers Private Limited
- Number of Complaints: 1
- Cases Won: 1
- Cases Lost: 0
- States with Projects: Haryana
Legal Case Analysis
Cases Against the Builder
- Total Cases Lost: 1
- The singular case that the builder was involved in ended with a favorable outcome for the developer. The respondent's claim stated that although a project license was obtained in 2014, development had not commenced, and the project was never launched for booking. Ultimately, the notice was discharged, and the matter was disposed of in favor of …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, which the builder won, revealed the following information.
The disputes can primarily be categorized into two common themes: Delayed Project Launch Claims and Regulatory Compliance Disputes.
In the first category, buyers raised concerns about the commencement of projects and adherence to timelines, while in the second, disputes arose over the legality and compliance with necessary licenses and municipal regulations.
The cases brought to court largely stemmed from allegations centered on penalties for project delays and claims of non-compliance with municipal orders.
For instance, buyers often contested the builder's adherence to timelines, asserting that development was not commenced despite licensing. A common pattern observed is the ambiguity surrounding project launches, leading to misunderstandings regarding the developer's obligations and the buyers' expectations.
Regarding the reasons the builder emerged victorious in these disputes, it was evident that many claims lacked sufficient evidence. Moreover, failures …
Individual case details available for subscribers.
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