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Year Established | Not Available |
Address | Not Available |
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Overall Case Outcomes
When considering purchasing a new home, the choice of builder plays a crucial role in the overall experience. TIA Realities, a builder based in Gujarat, has made its mark in the construction industry. However, potential buyers should be aware of the company's legal history and performance metrics.
TIA Realities operates primarily in Gujarat and has encountered a total of one complaint. The company's legal challenges include one case it lost, resulting in a penalty under the Real Estate Regulatory Authority (RERA) Act.
The only case against TIA Realities revolved around allegations of violating Section 13(1) of the RERA Act. The builder claimed no violation occurred; however, the legal authority ultimately imposed a penalty of Rs. 50,000 on them. This outcome signifies a finding against the builder, suggesting potential flaws in their compliance with regulatory standards.
The case that TIA Realities lost is centered on compliance issues with the RERA Act. The penalty indicates that there were likely deficiencies in either their project delivery or transparency with stakeholders, a factor that can significantly impact customer trust and satisfaction.
Interestingly, TIA Realities has not successfully won any cases as indicated by the current data. This absence of won cases could imply challenges in defending their position, raising concerns among potential buyers regarding their overall legal standing and adherence to regulations.
In summary, while TIA Realities has a presence in Gujarat, the single complaint and loss in court raise questions about their operational practices and commitment to regulatory adherence. The builder's inability to win cases in a legal environment can serve as a red flag for potential buyers.
In conclusion, while TIA Realities has established a presence in the market, potential buyers need to tread with caution, considering their legal history and performance metrics before making a decision.
Yearly Trend for these Cases
Analysis of the cases filed against TIA Realities, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into regulatory non-compliance and penalties for project delays, highlighting systemic issues within the builder's operations.
The first theme, regulatory non-compliance, stands out in the case where TIA Realities was penalized for violating Section 13(1) of the RERA Act. This indicates a troubling pattern of neglecting legal requirements, which could potentially affect the adherence to timelines and the overall integrity of projects undertaken by the builder.
The penalty for project delays is closely linked to the first theme, as non-compliance often results in delays, which in turn lead to legal consequences. In the case summarized, the builder contested the penalty, indicating a defensive posture that does not acknowledge the potential for errors or inadequate project management practices.
Common reasons for litigation in these cases include contesting penalties imposed for delays and regulatory violations. Homebuyers and authorities may dispute the builder’s claims of compliance or timely progress, leading to a pattern of litigation that reflects a lack of trust in the builder's assurances.
The builder’s losses in these cases are primarily attributed to their inability to meet regulatory standards. The violation of the RERA Act demonstrates a significant lapse in legal compliance, which likely outweighed any defenses presented by the builder. Insufficient evidence to counter the claims made by the authorities might also have contributed to the unfavorable outcomes.
In conclusion, the analysis of TIA Realities' legal disputes illustrates a concerning trend of non-compliance with critical regulations and a tendency to incur penalties for delays. This underlines the importance for potential buyers to exercise caution and thoroughly investigate a builder's reputation and operational integrity before making any investment.
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