| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
An In-Depth Analysis of Savani Corporation: Legal Battles and Considerations for Homebuyers
Overview of Savani Corporation
Savani Corporation is a builder primarily operating in Gujarat and has been involved in a total of 2 legal complaints. Unfortunately for the company, they have lost both cases brought against them, raising some concerns for potential buyers.
Legal Case Details
The two cases against Savani Corporation showcase significant issues regarding compliance with regulations under the Gujarat Real Estate (Regulation and Development) Act, 2016 (RERA). Here is a summary of the outcomes:
- Case 1: Savani Corporation was accused of not having registered agreements for sale for 28 out of the 171 units sold. The case concluded with Gujrera validating the promoter’s claim after the submission of documents, thus exempting them from penal proceedings despite the initial violations.
- Case 2: The company failed to submit a required three-monthly report for their project, 'Prayosha Star'. Consequently, …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Savani Corporation, where the builder lost, reveals significant insights into their legal challenges. The cases can be broadly categorized into two themes: regulatory compliance issues and documentation and registration disputes.
The first type of cases involves regulatory compliance, specifically in relation to the Gujarat Real Estate (Regulation and Development) Act, 2016. In one instance, Savani Corporation failed to submit a timely three-monthly report for their project 'Prayosha Star,' which led to a fine of Rs. 40,000. This highlights a pattern where cases are often brought against the builder for non-compliance with legal reporting requirements, demonstrating a lack of adherence to procedural norms that govern real estate projects.
The second theme revolves around documentation and registration disputes. In a notable case, Savani Corporation claimed to have registered agreements for sale for all units sold, yet it was found that 28 out of 171 units lacked …
Individual case details available for subscribers.
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