RISE PROJECT PRIVATE LIMITED

Introduction
Rise Project Private Limited is a builder with a significant presence primarily in Haryana and Uttar Pradesh. However, their track record in legal matters raises questions for potential buyers and stakeholders alike. This blog post aims to explore the builder's legal issues, analyze trends in complaints and verdicts, and provide insights for potential homebuyers.

RISE PROJECT Private Limited at a Glance
- Total Complaints: 338
- Cases Won: 255
- Cases Lost: 83
- States with Projects: Haryana, Uttar Pradesh

Legal Case Analysis
Patterns in Cases Won
1. Compliance and Financial Settlements: The two cases won by Rise Project involved disputes over financial compliance where the builder successfully demonstrated that recovered amounts fulfilled their obligations under the applicable statutes.
2. Municipal Corporation Accountability: In one case, it was established that delays in infrastructure developments were attributed to the Municipal Corporation, which subsequently relieved the builder of certain …

Unlock Full Report & Analysis

Analysis of the cases filed against RISE PROJECT Private Limited, where the builder lost, reveals several key themes and key takeaways across the board. The cases can be broadly categorized into four types: Delayed Possession Claims, Disputes over Project Delays Attributed to External Factors, Refund and Interest Claims, and Miscellaneous Issues Against the Builder.

The majority of the claims were centered around delayed possession of apartments. Complainants often cited that they had made substantial payments for their respective units, yet faced prolonged waiting periods without any resolution. For instance, in several cases, buyers highlighted payments ranging from Rs. 36,56,728 to Rs. 43,33,396 for apartments that were not delivered on time. This indicates a significant breach of trust and contract by the builder, leading to multiple lawsuits seeking refunds and compensation for delays.

Common reasons for bringing these cases to court included contesting penalties for delays, disputing …

Unlock Full Report & Analysis

An analysis of the cases filed by the builder, RISE PROJECT Private Limited, which it won, revealed the following information:

1. Compliance with Payment Requirements

In one of the cases, RISE PROJECT asserted that it had already recovered the necessary amount pursuant to the order from the Adjudicating Officer, effectively resolving any obligation to make additional payments. This highlights a common theme where builders reaffirm compliance with financial obligations and challenge further claims by respondents based on already satisfied requirements.

2. Non-completion of Development Works

Another case centered on claims by a complainant regarding the municipal corporation's failure to complete essential development works such as roads, sewage systems, and electrification, while the builder maintained that the complainant had neglected to meet the payment schedule for these works. This reveals a pattern of disputes centered around the expectations of service delivery versus financial commitments made by parties …

Unlock Full Report & Analysis

An analysis of the cases filed against the builder, which the builder won, revealed the following information. The cases can be grouped under several recurring themes: amicable settlements, disputes over grievances, duplicate complaints, binding settlements, and cases deemed infructuous.

One prominent theme is the amicable settlements reached between the builder and the complainants, as reflected in multiple cases where all complaints were disposed of as settled. This indicates a strong tendency for disputes to be resolved outside of court, highlighting the builder's willingness to negotiate and find resolutions that are acceptable to both parties.

Many cases pertained to grievances raised by appellants against RISE PROJECT Private Limited, suggesting that some buyers may have had legitimate concerns about the service or product offered. However, the frequency of amicable resolutions also suggests that many complaints may not have had a strong legal foundation, which often led to the dismissal of these cases.

…

Unlock Full Report & Analysis