| CIN | AAG-5189 |
|---|---|
| Year Established | Not Available |
| Address | 10, ABHISHREE CORPORATE PARK, NR.SWAGAT BUNGLOWS BRTS BUSSTAND AMBALI-BOPAL ROAD AHMEDABAD, Gujarat, India - 380058 |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the dynamic landscape of real estate, it is crucial for potential buyers to understand the reputation and standing of the builders they consider. This blog post delves into Riddhi Siddhi Infraspace LLP, a builder with projects based in Gujarat. Detailed insights based on their legal history, specifically complaints filed and case outcomes, can provide prospective buyers with valuable information.
Overview of Riddhi Siddhi Infraspace LLP
Riddhi Siddhi Infraspace LLP has faced a notable legal challenge, with one documented complaint. Among these complaints, they did not register any victories, highlighting a challenging legal landscape for this builder.
Legal Case Details
The sole case against Riddhi Siddhi Infraspace LLP is summarized as follows:
- Appellant Claim: The appellant claimed that the builder violated Section 11(2) of the Real Estate (Regulation and Development) Act, 2016, which mandates that builders must display the RERA website in their advertisements.
- Respondent Claim: The builder acknowledged …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Riddhi Siddhi Infraspace LLP, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around two critical areas: regulatory non-compliance and violations of the Real Estate (Regulation and Development) Act, 2016 (RERA Act).
In terms of regulatory non-compliance, the most notable case involved the builder's failure to display the RERA website in their advertisements. This wasn't an isolated incident; it reflects a broader pattern of neglecting regulatory obligations which raised concerns about their commitment to transparency and compliance in their dealings.
The violations of the RERA Act were particularly significant. The builder was fined Rs. 2,00,000 for not adhering to Section 11(2) of the RERA Act, which mandates the promotion of the RERA website to educate prospective buyers. This penalty indicates a systemic issue where the builder prioritized their advertising strategies over legal obligations, potentially misleading buyers in the …
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