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THE INDIAN COOPERATIVE HOUSE BUILDING SOCIETY LIMITED

3.8/5 (1 case analyzed)
  • States Active In: Punjab
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Overall Case Outcomes

Introduction

In the realm of real estate, choosing the right builder is paramount for prospective homeowners and investors. One such builder, The Indian Cooperative House Building Society Limited, has made its presence felt in the market, particularly in Punjab. However, the builder has faced some challenges, as evidenced by the legal issues it has encountered. In this blog post, we will delve into the details surrounding this builder, analyze its performance in legal matters, and offer insights for potential buyers.

Legal Case Overview

The Indian Cooperative House Building Society Limited has encountered a total of one complaint so far. Here’s a brief overview of the case:

  1. Case Lost: The complaint involved a situation where the complainant alleged that the builder failed to deliver possession of a plot measuring 250 square yards, despite the complainant having paid Rs. 11,25,000 out of the total price of Rs. 22,50,000. The builder …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Delayed Possession Claims Financial Disputes Compliance with RERA

Analysis of the cases filed against The Indian Cooperative House Building Society Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around three common topics: delayed possession claims, financial disputes, and compliance with the Real Estate (Regulation and Development) Act, 2016 (RERA).

The most significant theme among these cases is the delayed possession claim. In one notable case, the complainant alleged that despite paying a substantial amount of Rs. 11,25,000 out of the total price of Rs. 22,50,000, the builder had failed to deliver possession of a plot measuring 250 square yards. This case highlights a growing concern among buyers regarding the builder's inability to adhere to project timelines and fulfill their commitments.

Financial disputes also emerge as a critical theme in these cases. Often, the controversies revolve around the amounts paid, the total price agreed upon, and the builder's accountability for delivering …

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