| CIN | U70102KA2010PTC055096 |
|---|---|
| Year Established | Not Available |
| Address | No.36,Railway Parallel Road Nehru Nagar , Bangalore, Karnataka, India - 560020 |
| Company Status | Private |
Overall Case Outcomes
Introduction
When considering a property investment, the reputation of the builder is a critical factor. Unishire Developers Private Limited, operating primarily in Karnataka, is one of the entities builders home buyers might encounter. With a track record of handling two legal complaints—both resulting in losses—it is essential to examine their standing in the market. This post will analyze Unishire Developers based on their legal history, identify any patterns in their cases, and provide some guidance for potential buyers.
Overview of Legal Records
Unishire Developers has been involved in legal disputes resulting in two cases filed against them. Both cases centered around claims for refunds with interest concerning the project named 'Unishire Esplanade.' Notably, these cases were resolved with a curious outcome: both were dismissed as withdrawn after the sale deed was executed. It raises questions about the circumstances surrounding the complaints and their finalization. Importantly, the builder has not won …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Unishire Developers Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around two topics: refund claims due to project delays and contractual disputes over the execution of sale deeds, particularly for the project 'Unishire Esplanade'.
The first type of cases involves claims made by the buyers seeking a refund of their investment along with interest due to significant delays in the project. These cases highlight an emerging pattern where buyers are increasingly intolerant of delays and are opting for legal recourse to obtain refunds rather than waiting indefinitely for project completion.
The common trigger for these cases seems to be the failure of the builder to adhere to promised timelines and milestones, leading to loss of trust and confidence among buyers. The builders’ inability to meet the expectations of buyers, particularly in a market where transparency and …
Individual case details available for subscribers.
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