RIDHI SIDHI MALLS & MULTIPLEXES PRIVATE LIMITED

Overview of Ridhi Sidhi Malls & Multiplexes Private Limited

Ridhi Sidhi Malls & Multiplexes Private Limited has been an active participant in the real estate sector in Rajasthan. However, like many builders, it faces its share of challenges, especially regarding compliance with the Real Estate (Regulation and Development) Act and associated obligations. With 39 complaints filed against them, the company has won 21 cases and lost 18. In this blog post, we will explore the common factors in the cases they lost and won, providing valuable insights for prospective buyers.

Analysis of Legal Cases

Common Patterns in Lost Cases

The majority of the cases that Ridhi Sidhi Malls lost were centered around the non-submission or delayed submission of Quarterly Progress Reports (QPRs) on the RERA web portal. Common elements in these cases include:

1. Failure to Upload Reports: Multiple complaints consistently highlighted that the builder had failed to upload the required …

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Analysis of the cases filed against Ridhi Sidhi Malls & Multiplexes Private Limited, where the builder lost, revealed significant insights into their legal disputes. The cases primarily revolved around four key themes: Failure to Submit Quarterly Progress Reports (QPRs), Penalties for Non-Compliance and Project Delays, Technical Issues and Upload Failures, and Disputes over Compliance with RERA Regulations.

The majority of the cases focused on the builder's failure to submit required QPRs on the RERA web portal. This led to multiple penalties and potential revocations of registration, highlighting a pattern where the builder was consistently late or non-compliant with regulatory reporting requirements. The reasons provided for these failures varied; however, they often cited technical issues or disputes over whether the reports were indeed submitted.

The builder's losses in these cases stem from several common factors. Firstly, there was often insufficient evidence to support their claims of having submitted the QPRs on …

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An analysis of the cases filed against the builder, Ridhi Sidhi Malls & Multiplexes Private Limited, which the builder won, revealed the following information. The predominant disputes revolved around the builder's alleged failure to submit Quarterly Progress Reports (QPRs) within the stipulated time frame. Many cases involved appellants claiming that the builder did not upload the required reports on the RERA web portal, which led to penalties and potential registration revocation. The builder effectively countered these claims by stating that the reports had been submitted but not reflected on the portal due to technical issues, which was a common thread in the defense strategy employed in these cases. The Authority often directed the builder to upload the pending QPRs and impose financial penalties, yet upheld the overall compliance of the builder in most instances of dispute.

These cases highlight the myriad reasons why buyers or regulatory bodies might bring …

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