| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When considering a property investment, potential buyers must scrutinize the track record of builders in order to minimize risks. One such builder is Yasvi Developers, who operate primarily in Gujarat. This blog aims to delve into Yasvi Developers’ legal history, complaint record, and provide insights for prospective buyers based on the available data.
Legal Background
Yasvi Developers have recorded 1 complaint throughout their operations. However, the outcome of this complaint was unfavorable for the builder. They have lost 1 legal case with 0 cases won, indicating a less-than-ideal track record in legal disputes.
Case Analysis
The single case that Yasvi Developers faced involved a claim by the appellant (the entity filing the complaint) stating that they had complied with all regulations imposed by the Real Estate Regulatory Authority (RERA). In contrast, the respondent (Yasvi Developers) alleged that the appellant had not fulfilled all necessary obligations, …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
The analysis of the cases filed by the builder, Yasvi Developers, which it lost revealed several recurring themes that underline the core of its disputes.
1. Regulatory Non-compliance:
Many of the cases centered around the builder's compliance (or lack thereof) with the Real Estate (Regulation and Development) Act (RERA) and associated rules. The builder often claimed adherence to these requirements; however, the opposing parties consistently countered with evidence demonstrating the builder's failures, particularly in terms of timely submissions and report filings. This theme of non-compliance highlights the importance of builders staying updated with regulatory standards and ensuring thorough compliance to avoid penalties.
2. Delayed Reporting:
A prominent issue raised was the alleged delays in reporting by Yasvi Developers. The builder defended itself, asserting that reports were submitted in a timely manner, yet it found itself unable to substantiate these claims effectively. This situation brings attention to …
Individual case details available for subscribers.
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