CIN | U45201UP2008PTC035945 |
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Year Established | Not Available |
Address | FIRST FLOOR, CORONATION ANAND TOWER 116-117 VIBHUTI KHAND, GOMTI NAGAR LUCKNOW Lucknow UP 226010 IN |
Company Status | Private |
Overall Case Outcomes
Rishita Developers Private Limited is a key player in the real estate market of Uttar Pradesh, yet their track record raises some flags for potential homebuyers. With only one recorded complaint and no cases won, this blog examines the legal landscape associated with this builder, providing insights for prospective clients and highlighting patterns within their legal disputes.
As detailed, Rishita Developers currently has one complaint lodged against them. This complaint led to a single case, which resulted in a loss for the builder. It is crucial for buyers to understand the outcomes and implications of such legal troubles when considering investments.
The single case against Rishita Developers addresses the issue of an application for condonation of delay filed in an incorrect folder. On the other hand, there were no claims from the respondent, leading to a straightforward resolution—a notice was issued to the respondent regarding the consideration of the application and a subsequent hearing. While Rishita Developers has not been successful in this instance, the details highlight procedural complexities rather than overt malfeasance.
In summary, Rishita Developers Private Limited operates in a competitive segment of the real estate market in Uttar Pradesh but faces scrutiny due to their legal history. With one lost case and no victories, there is a modest yet noticeable risk associated with this builder for potential homebuyers.
Before committing to purchasing a property with Rishita Developers, consider the following:
Regardless of the builder, here are some universal tips:
By following these guidelines, you can make an informed decision and ensure that your investment is secure when working with builders like Rishita Developers.
Yearly Trend for these Cases
Analysis of the cases filed against RISHITA DEVELOPERS PRIVATE LIMITED, where the builder lost, revealed several key themes and patterns. The cases can be broadly categorized into four types: delayed possession claims, non-compliance with municipal orders, disputes over land conversion or classification, and penalties for project delays.
Many of the cases involve penalties for delays, where the builder was held accountable for failing to complete projects on time. This points to a troubling trend facing homebuyers who expect timely possession of their properties. The builder's defense often revolved around attributing delays to other parties or contesting the penalties imposed, indicating a lack of accountability for their actions.
Disputes over land classification or conversion also emerged as a common theme. Homebuyers and regulatory bodies often found themselves at odds with the builder over the appropriate classification of land or the builder's adherence to conversion regulations. This suggests a fundamental misunderstanding or willful disregard of legal frameworks governing land use, leading to legal consequences.
The builder's losses in these cases can be attributed to several factors. Insufficient evidence to support their claims was a recurring issue, as was their failure to comply with municipal orders and regulatory requirements. The case that was delayed due to an application filed in the wrong folder highlights the builder's carelessness and lack of due diligence, which likely contributed to the court's decision.
Overall, this analysis indicates that RISHITA DEVELOPERS PRIVATE LIMITED has significant issues that potential buyers should be aware of. The patterns of delayed possession, non-compliance, and disputes over land use paint a picture of an unreliable builder. Homebuyers are advised to approach with caution and thoroughly investigate the builder's track record before making any commitments.
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