| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When considering a residential property purchase, evaluating the builder's reputation and legal standing is of utmost importance. In this post, we will examine SIGNATURE DEVELOPERS, a builder operating primarily in Madhya Pradesh and Gujarat. With a total of two complaints filed against them, we will analyze their performance in legal disputes to better inform potential buyers.
Performance Overview
SIGNATURE DEVELOPERS has faced a total of two legal complaints, with one case won and another lost. Understanding the nature of these cases provides insights into their operational efficiency and customer service commitments.
Legal Case Details
Cases Lost
- Penalties Imposed for Non-Compliance
- Appellant Claim: The promoter claimed that 95% of the project work was completed and sought an extension.
- Respondent Claim: The respondent argued that the promoter had not submitted the final project report on the RERA web portal, violating RERA Act provisions.
- Final Verdict: A penalty of Rs. 1,00,000 …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed by the builder Signature Developers, which it lost, reveals a troubling pattern of disputes primarily centered on regulatory non-compliance and project delays. The summarized case highlights a common theme of the builder facing penalties for not adhering to guidelines set forth by authorities such as RERA and Gujrera.
One of the main types of cases identified involves 'Regulatory Non-compliance.' In the reviewed case, the builder contested a penalty for failing to submit the final project report on the RERA web portal, a critical requirement designed to uphold transparency and accountability in real estate projects. This reflects a broader issue where the builder's failure to comply with regulatory mandates has led to financial penalties and deteriorated trust among buyers.
Additionally, there are instances of 'Delayed Possession Claims.' The builder often seems to challenge the factual background of project timelines, citing completion percentages to justify seeking extensions. …
Individual case details available for subscribers.
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, SIGNATURE DEVELOPERS, which the builder won, revealed the following information.
The disputes generally revolve around two primary themes: Delayed Possession Claims and Contractual Compliance Disputes.
In the reviewed case, the applicant argued that the builder delayed possession of a flat, seeking compensation for the inconvenience caused.
In response, the builder maintained that the applicant failed to adhere to the payment terms outlined in their contract and did not complete their obligations on time.
These claims highlight the common reasons disputes arise in the real estate domain—namely, buyers contesting delays and builders defending their actions based on contractual provisions.
Such patterns suggest that buyers sometimes misunderstand their responsibilities or the terms of their agreements, leading to perceptions of unfair treatment and subsequent complaints.
The outcomes of these cases reveal why SIGNATURE DEVELOPERS successfully defended themselves: there was evidence that the …
Individual case details available for subscribers.
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