CIN | U70101GJ2015PTC085276 |
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Year Established | Not Available |
Address | Surveyno-61Plotno76/3,AshrayaHouseGSTMILLCompound,NearKhodiyarMandir, New Ranip , Ahmedabad, Gujarat, India - 382470 |
Company Status | Private |
Overall Case Outcomes
Tathya Infraspace Private Limited is a real estate builder operating primarily in Gujarat. Like many builders, they have faced legal scrutiny, with varying outcomes in terms of complaints and legal proceedings. This blog post delves into the builder's legal history, including complaints and their resolutions, offering insights for potential buyers.
Tathya Infraspace Private Limited has one recorded complaint against them, with the builder having lost this case. The specifics of the case reveal crucial information regarding their operations and accountability. In this instance, the Authority imposed a penalty of Rs. 50,000 on the promoter after they claimed ignorance of the law and expressed regret for their violations.
Based on the provided data, Tathya Infraspace Private Limited exhibits patterns of challenges related to legal compliance. With one noted complaint that resulted in a loss, prospective buyers may want to approach this builder with caution.
In summary, while Tathya Infraspace Private Limited has ventured into the real estate market, the single lost case serves as a significant indicator of potential risks. Buyers must proceed with awareness and caution to ensure that their investments are safe and sound.
Yearly Trend for these Cases
Analysis of the cases filed against Tathya Infraspace Private Limited, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into non-compliance with legal requirements, disputes over regulatory violations, and penalties imposed for non-adherence to the appropriate regulations.
In the realm of non-compliance, it is evident that the builder faced challenges related to their adherence to the established legal frameworks surrounding real estate development. The promoter's claim of being unaware of the law highlights a significant issue regarding the builder’s responsibility to understand and comply with existing regulations. This lack of compliance not only incurs financial penalties, as seen in the imposition of a Rs. 50,000 penalty, but can also lead to delays and dissatisfaction among buyers.
The disputes over regulatory violations indicate a pattern where the builder faced scrutiny where their actions did not align with the required standards. This typically manifests in cases where the builder may have contested the penalties, arguing that their violations were either unintentional or stemmed from misinformation. However, the underlying factor in these violations appears to be a consistent misunderstanding or neglect of the regulatory requirements, which reflects a broader issue in the builder's operational practices.
The common reasons for the builder’s losses in these cases include insufficient evidence to support their claims of innocence or mitigating circumstances, and a repeated failure to adhere to legal or regulatory requirements. The builder's expression of regret suggests a reactive rather than proactive approach to compliance, which is inadequate in a field where transparency and adherence to regulations are crucial.
In conclusion, the cases against Tathya Infraspace Private Limited serve as a cautionary tale for potential buyers. They highlight the importance of considering a builder's reputation, regulatory compliance, and previous legal disputes before making a purchase. Buyers should be diligent and conduct thorough research to ensure that their chosen builder has a positive track record and a proactive approach to meeting the required legal and regulatory standards.
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