| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the world of real estate, choosing the right builder can make or break your investment. Today, we take an in-depth look at Riddhi Buildcon, a builder operating exclusively in Gujarat. With limited legal claims against them, it's essential for potential buyers to understand their track record, including successes and setbacks.
Overview of Riddhi Buildcon
Riddhi Buildcon has been the subject of 1 complaint, leading to an unfavorable outcome. The builder lost the case, while no cases have been won in their favor. This brief legal history raises questions about their operational standards and engagement with regulatory requirements.
Legal Case Details
Summary of the Complaint
The sole complaint against Riddhi Buildcon revolved around their project, Yash Plaza. The appellant claimed that the builder failed to submit quarterly reports as mandated by the Real Estate (Regulation and Development) Act (RERA) and its associated rules. In their defense, Riddhi Buildcon expressed …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Riddhi Buildcon, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around regulatory non-compliance, penalties imposed for project delays, and violations of the Real Estate Regulatory Authority (RERA) Act and Rules.
The builders faced legal challenges due to their failure to adhere to the regulatory framework established by the RERA Act. In one notable case, Riddhi Buildcon did not submit the required quarterly reports for their project Yash Plaza, which led to a fine of Rs. 50,000. The builder's defense of being unaware of the new law did not stand, as ignorance of the law is not considered a valid defense. This highlights a pattern where builders may not be taking sufficient measures to educate themselves about their legal obligations, leading to avoidable litigation.
Common reasons for bringing cases to court included contesting penalties, disputing project delays attributed …
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