| CIN | U70100HR2012PTC047109 |
|---|---|
| Year Established | Not Available |
| Address | V.P.O ISLAMPUR, 1st Floor OPP. GOVT. SN. SEC. SCHOOL, SOHNA ROAD GURGAON HR 122001 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
Choosing the right builder for your dream home can be a daunting task, especially in a market rife with complaints and legal disputes. This blog post delves into RICCO Developers Private Limited, a builder currently operating in Rajasthan, and examines the patterns in their legal cases to provide potential home buyers with vital insights.
Builder Overview
RICCO Developers Private Limited has been involved in a total of 413 complaints, but they have only won 7 cases. In stark contrast, they have lost 406 cases. These figures raise significant concerns regarding the builder's reliability and customer service.
Legal Case Analysis
Cases Lost
Many of the cases RICCO Developers lost appear to share common factors:
- Lack of Response: In many instances, the builder did not respond to complaints or failed to appear in hearings, resulting in cases being dismissed in default.
- Regulatory Non-Compliance: One specific case …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against RICCO Developers Private Limited, where the builder lost, revealed significant insights into the common themes and disputes associated with their projects.
The cases can be broadly categorized into several types, including delayed possession claims, refund and interest disputes, non-compliance with authority directions, lapsed project claims, and penalties for project delays. Each of these categories highlights the challenges faced by buyers in dealing with RICCO Developers.
Delayed possession claims were particularly prevalent, with numerous complainants alleging that the builder failed to complete projects on time. This led to a series of claims seeking refunds and interest on deposits made by buyers. The builder's consistent failure to meet project timelines created a pattern of litigation that could have been avoided with better project management.
Non-compliance with authority directions was another common theme. In many cases, RICCO Developers did not adhere to the rulings …
Individual case details available for subscribers.
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, RICCO Developers Private Limited, which the builder won, revealed the following information. The cases can be grouped under common themes highlighting the various disputes involved. Most notably, many cases resulted in dismissals due to non-compliance from the opposing parties or failure to respond to legal complaints.
The summary of cases illustrates that several complaints involved allegations of regulatory non-compliance, where the opposing party claimed that RICCO Developers failed to adhere to necessary legal requirements. However, upon reviewing the cases, it appears that many of these claims lacked the necessary documentation or supporting evidence, leading to their dismissal. Other cases were noted as being defaulted due to the respondent's absence in court, indicating a recurring theme of non-participation which significantly impacted the outcomes.
The reasons these cases were brought forth varied, with common claims pertaining to concerns over delayed project …
Individual case details available for subscribers.
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