| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the ever-evolving real estate market, understanding the reputation and reliability of builders is crucial for potential homebuyers. This blog explores the legal standing of ROPERTIES Private Limited, a builder operating in Karnataka. By examining the complaints, cases won, and lost, we aim to provide valuable insights for buyers contemplating an investment with this builder.
Legal Overview of ROPERTIES Private Limited
ROPERTIES Private Limited has faced a total of 2 complaints, resulting in 0 cases won and 2 cases lost. This indicates a concerning trend regarding their capacity to resolve disputes favorably. Let's delve deeper into the specifics of these cases:
Case Details
The data indicates that both cases initiated against ROPERTIES pertained to claims made by complainants regarding delays in project completion. Specifically, the complainants sought compensation in the form of interest due to significant delays from December 31, 2019, to June 30, 2022.
- Builder's Defense: ROPERTIES contended …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against ROPERTIES Private Limited, where the builder lost, revealed several key themes across the complaints raised by the other parties. The cases primarily revolved around delayed possession claims, with complainants seeking interest compensation for the delay period from 31/12/2019 till 30/06/2022. This indicates a significant concern among buyers regarding the builder's ability to deliver properties on time.
A common thread in these cases was the builder's defense based on force majeure conditions. The builder claimed that the delays were attributable to unforeseen circumstances beyond their control, and thus, they should not be held liable for the compensations sought by the complainants. However, the Karnataka Real Estate Regulatory Authority did not accept this defense, leading to a verdict requiring the builder to compensate the complainants in both instances.
The recurring theme of penalties for project delays suggests a systemic issue within the builder's operations. The fact …
Individual case details available for subscribers.
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