RKM HOUSING LIMITED (OTHER THAN INDIVIDUAL)

Understanding RKM Housing Limited

When considering a real estate investment, the reputation of the builder plays a crucial role in making an informed decision. RKM Housing Limited, a notable player in the real estate sector, has recently come under scrutiny due to its legal challenges and customer complaints. In this article, we dive deep into the legal history and overall performance of RKM Housing Limited to better inform potential buyers.

Overview of Complaints and Legal Cases

RKM Housing Limited has faced a significant number of complaints—55 in total. The builder has had varying degrees of success in legal battles, having won 20 cases while losing 35, indicating a somewhat troubled litigation history. Projects under this builder are primarily located in Punjab, although detailed information regarding other states remains undisclosed.

Patterns in Legal Outcomes

Cases Lost by RKM Housing Limited

The data from the legal cases highlights several common themes among …

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Analysis of the cases filed against RKM Housing Limited, which it lost, revealed significant insights into the builder's operational practices and the common themes emerging from these legal disputes.

The cases can be broadly categorized into several types, including delayed possession claims, refund and compensation claims, project development delays, possession delivery disputes, non-compliance with agreements, interest payment delays, and withdrawal or dismissal of complaints. Each of these categories highlights the challenges faced by buyers in their dealings with RKM Housing.

One of the most recurring themes was the delayed possession claim. Numerous complainants cited that the builder failed to deliver possession of their plots within the stipulated time frame, which led to claims for refunds, interest, and compensation for mental harassment. For instance, in several cases, the Adjudicating Officer directed RKM Housing to return substantial amounts (ranging from Rs. 26,06,000 to Rs. 58,50,000) along with interest and …

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The analysis of the cases filed by RKM Housing Limited, which it lost, reveals interesting insights into the builder's litigation patterns and challenges.

Throughout these cases, two main themes emerge: the failure to deposit awarded amounts and non-compliance with provisions of the Real Estate Act.

The builder frequently found itself disputing the expectation to deposit awarded amounts, an obligation apparently arising from the rulings of prior proceedings. In these instances, it was evident that the builder's defense often revolved around their readiness to fulfill this requirement, yet they were met with strong counterarguments from respondents asserting that non-compliance with stipulated legal provisions could not be overlooked.

A common trigger for litigation appears to stem from the builder's refusal or inability to comply with the legal requirements laid out in the Real Estate Act, particularly under Section 43(5). This section outlines vital obligations concerning the conduct of builders …

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An analysis of the cases filed by the builder, RKM Housing Limited (Other than Individual), which it won, revealed the following information.

Examining the patterns and themes in these cases, we can categorize the disputes into three primary areas: Withdrawal of Appeals, Regulatory Compliance, and Dispute Resolution.

The first common theme, 'Withdrawal of Appeals,' pertains to instances where the builder brought cases forward that were ultimately dismissed owing to procedural circumstances such as requests for withdrawals. This element indicates a reactive approach where the opposing parties opted to avoid further disputes by retracting their appeals.

Next, 'Regulatory Compliance' is significant in understanding the builder's commitment to adhering to necessary legal and regulatory frameworks. The cases reflect a landscape where RKM Housing Limited strategically approached regulatory matters, indicating their preparedness to engage with authorities like the Real Estate Regulatory Authority, showcasing diligence in maintaining compliance with laws.

Finally, 'Dispute Resolution' emerges …

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An analysis of the cases filed against the builder, RKM Housing Limited (Other than Individual), which the builder won, revealed the following information. The complaints can be grouped into several recurring themes, indicating the primary disputes encountered by buyers and regulatory bodies. The themes include: Claims of Invalid Possession, Non-registered Projects, Lack of Completion Certificate, and Withdrawal of Complaints.

Many of the cases involved disputes over the validity of possession delivered by the builder. Complainants frequently alleged that the possession was merely 'paper possession' due to the absence of a Completion Certificate at the time of the possession agreement. Additionally, there were several instances of complaints regarding the builder's projects being unregistered with the relevant authorities, prompting regulatory intervention and discussion about compliance with construction norms.

Most of these cases were filed against RKM Housing Limited due to concerns regarding delivery timelines, questions about the legitimacy of the ownership transfer, …

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