| CIN | U70100HR2010PTC041365 |
|---|---|
| Year Established | Not Available |
| Address | The Royal Residency, Adjoining Hotel Noor Mahal Sector-32, Karnal Karnal HR 132001 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
When considering real estate investments, the reliability and reputation of the builder are paramount. Ultratech Township Developers Private Limited, operating primarily in Haryana, offers potential homebuyers a unique opportunity. However, it's crucial to assess their performance based on available legal history and customer feedback.
Performance Overview
Ultratech Township Developers has had a notable blemish on their record, featuring one legal complaint that culminated in an unfavorable outcome for the builder. In a significant case, the appeal filed by the builder was dismissed due to non-compliance with Section 43(5) of the Real Estate (Regulation and Development) Act, 2016. This indicates a lack of adherence to regulatory standards, which raises concerns about the builder's operational practices and transparency in business dealings.
Legal Case Analysis
Cases Lost:
- Total Cases Lost: 1
- Outcome: The builder lost the case with the court's decision favoring strict compliance with real estate regulations.
Given that Ultratech Township …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
The analysis of the cases filed by the builder, Ultratech Township Developers Private Limited, which it lost, reveals significant insights into common legal themes and issues surrounding their operations. The key themes that emerge from these cases include regulatory non-compliance, disputes over penalties, claims related to delayed possession, and land classification issues.
- Regulatory Non-compliance: One of the major themes observed in the cases is the builder's struggle with regulatory compliance, specifically in relation to the Real Estate (Regulation and Development) Act, 2016. The summary indicates that the appeal was dismissed due to non-compliance with Section 43(5) of this act. This suggests that the builder's legal strategies may have overlooked essential regulatory requirements, leading to unfavorable outcomes.
- Disputes over Penalties: There appears to be a pattern where the builder contested various penalties related to project delays. These disputes often arise when the builder believes that the delays were caused …
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