AANSAV REALTY AND INFRASTRUCTURE P. LIMITED
- No of Complaints: 1
- States (Active in): Goa
| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
Aansav Realty and Infrastructure P. Limited operates in the real estate sector with a particular presence in Goa. As with many real estate companies, the firm has faced legal challenges that spark concerns among potential buyers. This blog post aims to dissect the legal landscape surrounding Aansav Realty and Infrastructure P. Limited, highlighting their performance in legal cases while offering guidance for prospective homebuyers.
Overview of Legal Challenges
Aansav Realty has faced a total of one complaint, resulting in one legal case where the outcome was unfavorable for the builder. Understanding the nature of these legal proceedings can provide insights into the company's operational integrity and reliability in handling customer expectations.
Summary of the Legal Case
In the single case filed against Aansav Realty, the complainant alleged that the company failed to deliver possession of an apartment within the agreed time frame as stipulated in their contractual agreement. This claim was made under Section 18(1) of the Real Estate (Regulation and Development) Act, 2016.
The builder's response underscored a focus on settlement. They claimed that the complainant had opted for a mutual settlement offer, leading to a conclusion of the case by refunding the complainant an amount of Rs. 87,58,521, which included the principal amount and interest.
Analysis of Legal Cases
Cases Lost
The primary pattern in the builder's legal challenges centers around delivery schedules. The loss indicates that there was likely an unrealistic timeline set during the project initiation that was not met, thereby leading to customer dissatisfaction and legal recourse. The failure to deliver on time can severely tarnish a builder's reputation, and it often highlights a potential gap in project management or communication.
Cases Won
While Aansav Realty has not won any cases outright against complaints, the resolution of the case in question through mutual settlement does demonstrate a willingness to engage and resolve conflicts rather than contesting every claim. This approach could be viewed positively, as it indicates an adherence to consumer satisfaction despite litigation outcomes.
Overall Assessment
Aansav Realty and Infrastructure P. Limited has a checkered legal history, currently reflecting one lost case out of one complaint filed. The builder's approach to resolving issues through mutual settlements rather than prolonged legal battles could indicate a strategic prioritization of customer relations. However, potential buyers should remain cautious, especially regarding timelines promised for property delivery.
Tips for Potential Buyers
- Verify Timelines: Ensure that the builder can commit to realistic delivery timelines and confirm past project timelines.
- Research: Look into the builder's past projects, customer reviews, and any legal cases filed against them for a well-rounded evaluation.
- Clarify Terms: Seek clarity on the terms of all agreements, particularly regarding possession dates and penalties for delays.
- Consult Experts: Engage with real estate professionals or legal experts who can help navigate potential issues and perform due diligence.
General Tips for Selecting a Builder
- Check Credentials: Research the builder’s registration and licensing status.
- Review Previous Work: Visit completed projects to assess build quality and overall execution.
- Read Reviews: Look for online reviews and feedback from previous buyers to gauge satisfaction levels.
- Understand Financials: Ensure that the builder’s financial standing is stable to reduce the risk of project delays or cancellations.
Conclusion
Aansav Realty and Infrastructure P. Limited has demonstrated an interesting approach to legal disputes with a focus on settlements. Potential buyers should exercise due diligence, especially with an eye on delivery timelines and terms outlined in agreements. Understanding the builder's legal track record can equip buyers with the necessary knowledge to make informed decisions.
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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 Aansav Realty and Infrastructure P. Limited, where the builder lost, revealed several key themes and patterns. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Mutual Settlement Disputes.
The cases often involved claims from the complainants that the builder failed to hand over possession of their apartments within the agreed timeframe, as stipulated in the Real Estate (Regulation and Development) Act, 2016. This highlights a significant area of concern for potential buyers regarding the builder's reliability in meeting project timelines.
The reason people commonly brought cases to court in this instance was primarily due to the frustration and financial losses caused by the delays. Complainants sought relief under the RERA Act, indicating a growing trend where buyers are becoming more aware of their rights and recourse options when dealing with builders who do not fulfill their commitments.
As for the builder’s defense, there were instances where Aansav Realty claimed to have offered mutual settlement agreements, which suggests an attempt on their part to resolve disputes amicably. However, the existence of these legal disputes points to a broader issue of communication or operational inefficiencies that may not be resolved through settlements alone.
The common reason the builder lost these cases appears to stem from an inability to meet the promised delivery timelines, which is a critical requirement in real estate transactions. While specific details on the builder's defense outcomes are limited, the refund payment in the case that was mutually settled indicates a negotiation that favored the complainant's claims, suggesting that the builder's positions were not strongly supported by evidence or legal standing.
Overall, this analysis underlines the importance for potential buyers to be vigilant when engaging with Aansav Realty and Infrastructure P. Limited. It is crucial to carefully consider these legal disputes, which reflect common experiences among buyers in the market, and to thoroughly evaluate the builder's reputation before making any purchase decisions.