CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
When considering purchasing property, it’s crucial to have a clear understanding of the builder's reputation and legal standing. In this regard, UPASANA DEVELOPERS from Gujarat presents a noteworthy case. With a limited number of complaints and legal cases reported against them, potential buyers may wish to delve deeper into the particulars of these disputes and the implications for their investment.
UPASANA DEVELOPERS has faced a total of 2 legal cases, both of which resulted in losses for the builder. While the complaints are limited, the outcomes of these cases highlight some essential aspects of the builder's operations and adherence to real estate regulations.
Interestingly, while UPASANA DEVELOPERS has won 0 cases, they have demonstrated patterns in their legal challenges. In both instances they lost, UPASANA DEVELOPERS claimed ignorance of the law and did not contest the violations as being intentional, pointing towards a potential complacency in compliance with statutory requirements. This could be indicative of either a lack of proper legal counsel or operational oversight within the company.
Based on the provided data, UPASANA DEVELOPERS appears to be struggling with compliance and regulatory adherence, resulting in legal challenges and penalties. With 0 wins in legal disputes, potential buyers should approach with caution and consider the legal standing of the builder seriously. Understanding a builder's track record is essential in making an informed purchase decision.
While UPASANA DEVELOPERS currently has a limited footprint in the real estate market of Gujarat, their legal history raises several red flags for potential buyers. It is essential to weigh these factors carefully when considering any investment with the builder, ensuring that due diligence is performed to safeguard one’s interests.
Yearly Trend for these Cases
Analysis of the cases filed against UPASANA DEVELOPERS, where the builder lost, revealed significant insights into their legal disputes. The cases can be broadly categorized into two themes: non-compliance with the RERA Act and rules, and violations in advertising projects.
The first theme encompasses cases where the builder failed to adhere to the provisions outlined in the RERA Act. For instance, in one case, the builder was penalized for not submitting quarterly reports on time, which is a mandatory requirement under the Act. The builder's defense of ignorance did not stand, as the violation was considered serious enough to warrant a fine of Rs. 50,000. This pattern indicates a troubling lack of diligence on the part of the builder regarding regulatory compliance, a factor that could be very concerning for potential buyers who might worry about the builder's accountability and transparency.
The second theme involves violations related to the advertising of projects. In another case, the builder advertised a project without sufficiently highlighting its RERA registration and website, which is critical information for prospective buyers. The builder was fined Rs. 1,25,000 in this instance, demonstrating how seriously the authorities take the issue of informed disclosure in real estate advertising.
Common reasons for the disputes in these cases include the builder's failure to comply with legal requirements, such as timely reporting and adequate advertising information. This reflects a broader pattern of non-compliance that could suggest systemic issues within the builder’s operations. The builder's defenses often revolved around claims of ignorance or unintentional violations; however, the outcomes indicate that such defenses do not mitigate the responsibility to adhere to established regulations.
In conclusion, the cases against UPASANA DEVELOPERS highlight crucial points for potential buyers to consider. Buyers should be wary of builders with a history of non-compliance, as this could lead to delays, complications, and financial losses down the line. It is essential for buyers to do their due diligence, actively seek out builders' regulatory histories, and consider transparent and compliant builders for their investments.
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