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Overall Case Outcomes
Introduction
In the vast landscape of real estate development, potential buyers often seek reliable builders who are not only adept at delivering quality projects but also uphold ethical practices. One such builder is Renaissance Infrastructure, known primarily for their projects in Maharashtra. This blog post delves into the builder's track record, legal performance, and offers valuable insights for prospective buyers considering a partnership with them.
Legal Performance of Renaissance Infrastructure
Renaissance Infrastructure has an interesting legal history, notably featuring one complaint that resulted in a case wherein they emerged victorious. Here’s a summary of the key legal case:
- Case Summary:
- Appellant's Claim:The appellants contended that the complaint against them was not valid, arguing that the project in question was an industrial endeavor rather than a real estate project. They also asserted that the respondent was not entitled to any form of compensation as the project was …
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder, Renaissance Infrastructure, which it won, revealed the following information. The cases primarily revolve around a few common themes, including Delayed Possession Claims, Disputes over Project Classification, and issues concerning Compensation for Project Delays. Each theme encapsulates specific disputes that showcase the dynamics between the builder and other parties, particularly buyers.
The Delayed Possession Claims theme reflects the builder's defense that certain projects did not fall under the purview of real estate laws due to their classification as industrial projects, thereby arguing against the entitlement of buyers to compensation. Similarly, the Disputes over Project Classification indicate the contention between how a project should be classified and the implications thereof on compensation claims by buyers, thus establishing a precedent for the types of disputes the builder frequently encounters.
Renaissance Infrastructure commonly brought these cases to court to contest penalties linked to project delays …
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