| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Risara Properties has made its mark in the real estate sector within Goa, but their track record raises questions for potential buyers. In this blog post, we delve into the builder's legal history, analyze the cases they've faced, and provide crucial insights for prospective home buyers.
Legal Overview
Risara Properties has a purportedly tumultuous legal history, with a total of 2 complaints recorded against them. What stands out is that the builder has lost both of these cases, indicating a pattern of legal challenges that could concern potential investors.
Details of Legal Cases
- Cases Lost: 2
- The final verdicts in both cases were notably resolved through amicable settlements after the registration of a Conveyance Deed. Unfortunately, specific claims from both parties remain unreported, leaving a veil of ambiguity around the nature of the complaints.
- Cases Won: 0
- Interestingly, despite having two complaints, the builder did not win any cases, …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Risara Properties, where the builder lost, revealed several key themes across the disputes. The cases could be broadly categorized into delayed possession claims, disputes over land conversion or classification, and project delay settlements.
The first type of cases involved delayed possession claims, where buyers likely contested the builder's failure to provide timely possession of their properties. Such claims often arise when there are significant delays in project completion, which can be attributed to various factors, including inadequate planning, insufficient resources, or unforeseen circumstances.
The second category encompassed disputes related to land conversion or classification. These cases might have revolved around the builder's non-compliance with municipal orders or regulatory requirements regarding land use. Buyers could have disputed the builder’s classification of land or the failure to obtain necessary approvals for project modifications, leading to legal action.
Project delay settlements constitute the third …
Individual case details available for subscribers.
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