CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Introduction
In the real estate sector, selecting a reliable builder is paramount for a successful investment. In this blog post, we will closely analyze Yashraj Developers based on available data, including their legal case history and complaint records. This will provide potential buyers with insight into the builder's reliability and performance.
Overview of Yashraj Developers
Yashraj Developers operates primarily in the states of Gujarat and Maharashtra. With 5 complaints lodged against them, the builder has faced challenges in meeting regulatory compliance, leading to legal disputes.
Legal Case Summary
The legal history of Yashraj Developers includes a total of 5 complaints, with a mixed record in terms of winning and losing cases:
- Total Cases: 5
- Cases Won: 1
- Cases Lost: 4
Breakdown of Legal Cases
- Cases Filed and Lost by Yashraj Developers:
- Total: 2
- Common Factors: Both cases relate to failure in submitting financial reports, specifically the annual audit report and …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Yashraj Developers, where the builder lost, reveals significant insights into their legal disputes. The cases can be grouped into two primary themes: Non-compliance with Reporting Requirements and Penalties for Delayed Submissions.
The first theme encompasses disputes related to the builder's failure to adhere to the required reporting standards set forth by the relevant authorities. In one case, the respondent claimed that they were unaware of the legal requirements, which highlights a troubling lack of diligence on the part of the builder. This ignorance led to a violation of the RERA Act and Rules, resulting in a fine of Rs. 25,000 and an order to submit current quarterly returns within a stipulated timeline.
The second theme involves penalties incurred due to delays in submitting essential documentation. In another case, the builder failed to provide the final report-details within the specified time frame, which resulted …
Individual case details available for subscribers.
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
Analyzing the cases filed by Yashraj Developers, which resulted in losses, reveals several key insights about the builder's legal troubles and the underlying themes of their disputes. The cases largely fall under common categories, primarily focusing on their non-compliance with regulatory requirements, imposition of penalties for failing to submit necessary documentation, and disputes surrounding the timeliness of report submissions.
- Non-compliance with Regulatory Requirements: In the examined cases, Yashraj Developers frequently found itself in conflict with regulatory bodies like the Gujarat Real Estate Regulatory Authority (RERA). This category underscores the builder's failure to adhere to mandatory reporting standards, resulting in penalties imposed by regulatory authorities.
- Penalties for Failure to Submit Reports: Both cases uniformly revolved around penalties imposed for the non-submission of audit reports and final documentation within the stipulated time frames. The builder's inability to provide these crucial reports led to financial repercussions that highlight the importance …
Individual case details available for subscribers.
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder, Yashraj Developers, which it won, revealed the following information. The disputes fell into several key themes, namely Delayed Possession Claims, Disputes Over Regulatory Compliance, Land Classification Disputes, and Penalty Disputes Related to Project Delays. Each of these areas highlights specific kinds of challenges the builder faced in the real estate landscape.
Many of the cases involved the builder contesting penalties for project delays, often attributed to factors outside of their control, such as regulatory holdups or issues related to land classification. This suggests a recurring pattern wherein Yashraj Developers needed to defend itself against claims that sought financial compensation or penalties that were perceived as unjust. Additionally, disputes over compliance with municipal regulations were common, underlining the importance of adhering to local laws in the construction industry.
The reasons for the builder's success in these legal battles generally stemmed from the …
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!
Submit Your Review
Interested in buying from YASHRAJ DEVELOPERS?
Leave your details – our team will call you back within 5 minutes.