CIN | U45400MH2015PTC266590 |
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Year Established | Not Available |
Address | 220 Commerce House, 140 N M Road Fort Mumbai Mumbai City MH 400023 IN |
Company Status | Private |
Overall Case Outcomes
When considering investments in real estate, potential buyers often look closely at the reputation and track record of builders. Sumer Radius Realty Private Limited, a builder operating primarily in Maharashtra, presents a case that warrants deeper examination due to its legal history and the outcomes of various cases.
Sumer Radius Realty Private Limited has encountered a notable number of complaints and legal cases. The company has faced four legal disputes, all of which resulted in losses, as it did not secure any favorable judgments in its cases against it. This is an alarming indicator for any prospective buyer, as a poor legal track record can reflect on the builder’s business practices and reliability.
Status | Number of Cases |
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Cases Won | 0 |
Cases Lost | 4 |
Sumer Radius Realty Private Limited's current legal standing paints a concerning image. With a total of four complaints leading to losses, the builder’s credibility is undoubtedly in question. For potential buyers contemplating projects from this builder, caution should be exercised.
In conclusion, while Sumer Radius Realty Private Limited may have certain appealing aspects, their evident struggles in the legal landscape necessitate a thorough consideration of their reliability before making any investment decisions.
Yearly Trend for these Cases
Analysis of the cases filed against Sumer Radius Realty Private Limited, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into three types: delayed possession claims, failures to comply with legal requirements, and disputes over service documentation.
Many of the cases appear to stem from delays in delivering property to the buyers, leading to claims of delayed possession. Buyers often contest penalties imposed for these delays, arguing that the builder failed to meet contractual obligations. For instance, the builder’s inability to provide timely affidavits of service, as seen in multiple cases, reflects a broader pattern of disorganization and inadequate documentation.
The common triggers for litigation in these cases primarily revolve around the builder's failure to adhere to agreed-upon timelines and regulatory requirements. Buyers also disputed the builder’s classification of lands and the compliance of projects with municipal orders, which highlights a significant area of concern for potential buyers regarding the builder's adherence to laws and regulations.
The builder lost these cases predominantly due to insufficient evidence and a failure to comply with legal or regulatory requirements. The repeated instances where the builder sought time to file affidavits of service suggest a systemic issue with maintaining proper documentation, which likely hindered their ability to defend against claims made by buyers. Furthermore, the builder's failure to follow interim directions from the court probably contributed to the unfavorable outcomes.
Overall, these cases paint a picture of a builder struggling with organizational and regulatory compliance issues, leading to significant delays and legal repercussions. Potential buyers should take these patterns into account when considering a purchase from Sumer Radius Realty Private Limited.
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