| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the world of real estate, the reliability and reputation of a builder play a pivotal role in influencing a buyer's decision. This post delves into the details surrounding A. M. Agro Ventures, a builder with projects primarily in Uttar Pradesh. By examining their legal history and performance metrics, we aim to provide potential buyers with valuable insights.
Builder Overview
Name: A. M. Agro Ventures
Number of Complaints: 1
Cases Won: 1
Cases Lost: 0
States with Projects: Uttar Pradesh
Legal Case Details
A. M. Agro Ventures has been active in the regulatory landscape, having engaged in one reported legal case where they filed and won. Here's a summary of the case involved:
Case Summary
- Appellant Claim: The appellant argued that A. M. Agro Ventures failed to develop the project and deliver possession of the plot within the stipulated period, which resulted in delays and financial losses.
- Respondent Claim: The builder countered, stating that the appellant had made partial payment and had surrendered the plot, thus waiving their right to seek redress from the Regulatory Authority.
- Final Verdict: The Tribunal ruled in favor of the appellant, directing A. M. Agro Ventures to refund the deducted amount, pay interest on the total deposited amount, and comply with the order within 45 days.
Analysis of Legal Cases
Patterns in Cases Won
In the sole case where A. M. Agro Ventures prevailed, the key elements were:
- The presence of a claim that emphasized project delays and financial loss, which shows a potential focus on project management at the company's end.
- A ruling indicating responsibility on the part of A. M. Agro Ventures to meet commitments and effectively manage client expectations.
Patterns in Cases Lost
Interestingly, with the limited data available, A. M. Agro Ventures has not lost any cases. The ongoing complaint indicates they have maintained their standards in legal agreements thus far. However, one complaint can reflect underlying issues in communication or project management within the firm.
Conclusion
Based on the provided data, A. M. Agro Ventures exhibits a track record of success in cases they have encountered. With only one complaint leading to a legal case, they managed to invalidate the opposing argument and fulfill their obligations as mandated by the tribunal. Buyers considering A. M. Agro Ventures can take comfort in the fact that they have not lost any legal battles, suggesting a foundation of operational integrity.
Tips for Potential Buyers
- Do Your Research: Even though A. M. Agro Ventures has a positive outcome in their case, conduct comprehensive research into previous projects, customer reviews, and financial stability.
- Understand the Contract: Pay close attention to the terms and conditions outlined in the purchase agreements, particularly regarding project timelines and payment schedules.
- Seek Transparency: Ask the builder for clear communication regarding the project's status and any potential delays. A reliable builder should provide updates regularly.
General Tips for Selecting a Builder
- Check for Credentials: Ensure the builder is registered and has a history of successful projects.
- Look for Referrals: Reach out to previous clients for testimonials and their experiences with the builder.
- Understand the Financing Terms: Clearly understand the financial implications, including deposit requirements and payment schedules, before entering an agreement.
- Evaluate Legal Standing: Research any legal disputes or regulatory issues tied to the builder to evaluate their reputation and reliability.
In summary, while A. M. Agro Ventures shows promise based on their legal success, potential buyers should always proceed with due diligence and thorough understanding before making any commitments.
No builder reviews yet. Be the first to share your thoughts!
Here you’ll find cases where the builder sued others and won. We’ve included a summary and key insights from each case.
An analysis of the cases filed by the builder, A. M. Agro Ventures, which resulted in favorable outcomes for the builder, revealed several key insights. These cases primarily revolved around a few common themes: Delayed Possession Claims, Financial Disputes and Refund Claims, and Waivers and Rights Surrendered.
In the category of Delayed Possession Claims, the builder asserted that delays in project development and subsequent financial losses were unjustly attributed to them by the respondents. Commonly, the builder sought to contest penalties and provide clarifications regarding the timelines promised versus the assertions made by the buyers. The builder demonstrated that other factors may have contributed to delays, including the respondents' actions or decisions relating to partial payments or plot surrenders.
Another recurring theme involved Financial Disputes and Refund Claims, wherein A. M. Agro Ventures often defended against assertions that they were obligated to provide refunds for perceived failures in meeting project deadlines. In many instances, the defense highlighted partial payments received from buyers and the subsequent waivers of their rights to claim refunds or seek compensation, showcasing the complexity of financial interactions between builders and buyers.
A common pattern observed in these legal engagements showed that the builder often brought cases to court when it faced claims of financial irresponsibility or misconduct, particularly in how refunds were handled and how timelines for project completion were communicated. The litigations seemed to arise at the intersection of misunderstandings about obligations, especially when buyers failed to acknowledge the nuances of their agreements.
The reasons behind A. M. Agro Ventures' success in these legal battles often centered around the absence of sufficient evidence from opposing parties, as well as failures by buyers to adhere to legal or regulatory obligations. In cases where the builder was able to illustrate that the claims were overstated or false, they effectively defended their position. The analysis indicates that the builder was often pitted against accusations that stemmed from misunderstandings, illustrating a broader issue within the real estate market where complaints can sometimes arise from buyer misinterpretations.
This landscape of litigation sheds light on the builder’s reputation and its standing within the real estate market. While A. M. Agro Ventures has faced challenges, the consistent ability to defend against unjust claims suggests a robust understanding of legal compliance and operational integrity. It is evident that buyers can, at times, make unfounded allegations, leading to legal disputes that may not reflect the reality of the builder's operations.
In conclusion, potential buyers should exercise caution and conduct thorough research before forming opinions on a builder's reputation. While legitimate disputes do occur within the real estate market, the cases analyzed indicate that builders like A. M. Agro Ventures have the capacity to carry forth a strong defense against unjust claims. Buyers are encouraged to scrutinize situations holistically and seek reliable information to make informed decisions in their property dealings.
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.