| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Understanding YASH BUILDERS: A Comprehensive Overview
When it comes to selecting a builder for your dream home, understanding their track record and projects can be essential. In this blog post, we delve into YASH BUILDERS, analyzing their complaints, legal cases, and overall reputation.
Builder Overview
YASH BUILDERS is involved in various projects primarily in two states: Madhya Pradesh and Maharashtra. However, the builder has encountered certain challenges, as illustrated by the number of complaints and legal cases against them.
Legal Challenges Faced by YASH BUILDERS
YASH BUILDERS has faced a total of 2 complaints, and unfortunately, they have lost both legal cases that were filed against them.
Overview of Legal Cases
- Case 1: The appellant claimed that possession was not delivered. This case was disposed of when the appeal was withdrawn.
- Case 2: In this case, the applicant alleged that the builder failed to deliver possession of a flat despite receiving a payment of Rs. 4,75,000. The builder's defense focused on the applicant's failure to pay interest as stipulated in the agreement. Ultimately, the authority ruled against YASH BUILDERS, ordering them to refund the amount along with interest, compensation for the price increase, and compensation for mental distress.
Analysis: Patterns in Cases
Cases Lost
- Common Factors: The legal outcomes indicate a persistent issue with possession delivery. In both instances, the claims revolved around the builder's failure to fulfill their promise of delivering property, resulting in significant dissatisfaction for the buyers. This highlights a critical need for careful evaluation by potential clients regarding the builder's ability to meet deadlines and contractual obligations.
Cases Won
- Common Factors: Interestingly, the summary also mentions cases won that led to an appeal withdrawal. This may suggest a strategy of negotiation or settlement without a final verdict being delivered in the builder's favor. However, it's crucial to note that winning cases is not synonymous with successfully addressing customer grievances.
Conclusion: An Overall Assessment
Based on the data provided, YASH BUILDERS presents a cautious case for potential buyers. The builder's record reveals a troubling trend with lost legal battles related directly to customer complaints about possession delivery. Thus far, they haven't won any cases that genuinely vindicated them in customer disputes. This situation raises red flags for anyone considering a purchase from them.
Tips for Potential Buyers
- Do Your Research: Look deeper into the builder’s past projects and any feedback or testimonials from previous clients. Investigate any legal records accessible.
- Understand Contracts Thoroughly: Make sure to read contracts carefully, especially regarding possession timelines and payment terms.
- Seek Legal Counsel: Consult with legal experts regarding agreements and potential risks before committing to a purchase.
- Consider Alternatives: Keep options open and consider other builders with stronger reputations and fewer legal challenges.
General Tips for Selecting a Builder
- Check Project Completion Rates: Research how many projects the builder has completed versus those that faced delays or legal issues.
- Verify Licenses and Certifications: Ensure the builder is licensed and up to date with any applicable regulations in your state.
- Hold Conversations: Talk to previous clients about their experiences with the builder and ask about any issues they faced.
In conclusion, while YASH BUILDERS may present appealing opportunities in certain states, the indicated legal concerns ahead should invite buyers to proceed with heightened caution and thorough due diligence.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against YASH BUILDERS, which it lost, revealed significant insights into the builder's primary disputes. The cases can be grouped into two common themes: Delayed Possession Claims and Disputes over Payment and Interest.
The Delayed Possession Claims involve situations where buyers asserted that they were not provided with possession of their flats despite having made substantial payments. For instance, in one case, the applicant claimed that after paying Rs. 4,75,000, possession of the flat was not delivered. This theme highlights an overarching issue of trust violations between builders and homebuyers, where buyers expect timely possession of their properties, and delays often result in legitimate claims against builders.
Disputes over Payment and Interest emerged as another critical theme. In the case mentioned above, the builder contended that the buyer had not paid the interest as stipulated in the contract. This indicates a pattern where builders often counter claims with assertions of incomplete payments or failure to fulfill other financial obligations. However, the verdicts suggest that builders' defenses in this regard were inadequate, as evidenced by the authority ordering compensation, including interest and amounts for mental distress, in favor of the applicants.
Common reasons for litigation in these cases primarily revolved around the failure to deliver possession on time and disputes regarding payment adherence to contractual terms. Buyers felt compelled to take legal action when their expectations of timely possession and clear payment agreements were not met.
The builder lost these cases predominantly due to a failure to fulfill contractual obligations, particularly concerning timely possession delivery. The outcomes suggest that builders' claims of inadequate payment or non-compliance with interest payments did not resonate with the authorities, which prioritized the buyers' rights to possession and compensation.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| KM-GSA-47-0343 | Madhya Pradesh | The applicant filed a complaint against the non-a… | ["Non-provision of … | {"appellant_claim": "The applicant claimed that t… | Dilip Singh Bhadoria | Yash Builders | https://www.rera.mp.gov.in/upload/complaint_files/201066555150.pdf |
| AT006000000053562 | Maharashtra | Appeal withdrawn by appellant, case disposed of w… | ["Appeal withdrawal… | {"appellant_claim": "Possession not delivered", "… | Amulya Chandra Panda | Yash Builders | https://drive.google.com/uc?id=1xPHEFnwsGgRUIMiA1VCRv87xjKVGW5yk |