| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the bustling real estate market of India, potential homebuyers often find themselves navigating a sea of choices when it comes to selecting a reliable builder. One such builder is Sigma Builders, operating primarily in the states of Madhya Pradesh and Karnataka. This blog post explores the performance of Sigma Builders, reviews legal cases associated with the company, and offers advice for prospective buyers.
Overview of Sigma Builders
Sigma Builders has encountered a total of 2 legal complaints against them. Unfortunately for the company, they have lost both cases, which raises valid concerns for those considering a purchase. The primary projects involved in these disputes include the 'SERENITY' development.
Legal Case Details
Cases Lost by Sigma Builders
- Refund Claim for 'SERENITY': A complainant sought a refund with interest for two flats booked in the 'SERENITY' project. The builder, Sigma Builders, failed to provide any supporting documents or objections during …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Sigma Builders, where the builder lost, revealed significant insights into their legal disputes. The cases can be broadly categorized into two themes: Refund and Interest Claims, and Delayed Possession Claims.
The first type of claim often revolved around the builder's failure to deliver properties on time or as promised, leading buyers to seek substantial refunds along with interest compensation. As seen in the first case, the complainant booked two flats in the 'SERENITY' project and was owed a considerable amount of Rs. 1,43,17,269, which the Authority directed Sigma Builders to pay. This highlights a troubling pattern of inadequate project management and financial accountability on the part of the builder.
Delayed Possession Claims represented another major theme in the litigation against Sigma Builders. In these cases, buyers typically contested the builder's claims of having completed and handed over properties when, in fact, possession …
Individual case details available for subscribers.
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