| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the realm of real estate development, the reputation of builders can often be gauged by legal disputes and customer complaints. RS Stone Private Limited, operating in Rajasthan, presents a compelling case with notable statistics regarding complaints and legal outcomes. This blog delves into the builder's track record, analyzing the patterns in their legal challenges and providing insights for potential homebuyers.
Overview of RS Stone Private Limited
RS Stone Private Limited has faced a total of 38 complaints, with an outcome of 20 cases won and 18 cases lost. The predominant nature of these complaints revolves around the submission of Quarterly Progress Reports (QPRs) mandated by the Real Estate Regulatory Authority (RERA).
Patterns in Lost Cases
A significant number of cases that RS Stone Private Limited lost revolved around the failure to submit the required Quarterly Progress Reports (QPRs) on time. Common factors in these cases include:
- …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against RS Stone Private Limited, where the builder lost, revealed significant insights into their dealings with regulatory authorities and project management practices. The cases primarily revolve around a few common themes, highlighting persistent issues in the builder's operations.
The majority of the disputes center around the Failure to Submit Quarterly Progress Reports (QPRs) on time, which led to multiple penalties and warnings from the Authority. This reflects a troubling pattern of non-compliance with crucial regulatory requirements, which are established to ensure transparency and accountability in the real estate sector.
Penalties for Non-Compliance and Project Delays constitute another significant theme, indicating that the builder faced not just financial repercussions but also risks to their registration and project continuation. The repeated imposition of penalties suggests a systemic issue where the builder may have underestimated the obligations associated with maintaining compliance.
Technical Issues and Upload Failures to RERA …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, RS Stone Private Limited, which the builder won, revealed the following information. The disputes primarily revolved around issues of non-compliance with reporting requirements, particularly the submission of Quarterly Progress Reports (QPRs), penalties imposed for project delays, and disputes regarding compliance with regulatory bodies like RERA.
Most of the cases centered on claims that RS Stone had failed to submit the required QPRs in a timely manner, leading to penalties and potential revocation of registration. Opposing parties often contended that the builder's alleged delays in reporting hindered transparency and could result in regulatory fines or stricter scrutiny from governing authorities. However, the builder, in its defense, asserted that the QPRs were in fact submitted, citing technical issues or disputes over the status of those reports as the cause of the discrepancies.
A discernible pattern in these cases indicates that buyers or regulatory …
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!