CIN | U70101DL2010PTC206467 |
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Year Established | 30-Jul-10 |
Address | UNIT NO. 552 FIFTH FL TERRACE, TOWER B, D-4,5,6 KRISHNA APRA BUSINESS SQUARE,NETA JI SUBHASH PLACE NEW DELHI North West DL 110034 IN |
Company Status | Private |
Aarcity Builders Private Limited is a real estate developer based in Haryana, highlighting a commitment to building quality residences. Buyers considering investment in a property from Aarcity may find this examination of their complaint history, legal outcomes, and overall reliability helpful when making their decisions.
Aarcity Builders Private Limited has faced a total of 1 legal complaint, which serves as an important indicator of their operational practices and customer satisfaction levels. Notably, the builder has won the case filed against them, reflecting positively on their ability to address and resolve disputes.
Summary of Legal Case:The only case brought against Aarcity Builders resulted in a verdict where the penalty of Rs. 1,80,000 was waived off. The waiver was granted based on the builder's submission of necessary documentation online, even though the hard copy could not be submitted due to restrictions imposed during the COVID-19 lockdown. This suggests that the builder is responsive to circumstances beyond their control.
Overall, based on the provided data, Aarcity Builders Private Limited shows a solid performance in handling legal matters with no lost cases that would indicate a systematic or sustained issue. Their lone case demonstrates adaptability under pressure and a successful resolution process, thus indicating that potential buyers may approach this builder with a reasonable level of confidence.
As you embark on the journey of selecting a new home, these insights into Aarcity Builders can guide you toward making an informed decision.
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Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, Aarcity Builders Private Limited, which the builder won, reveals several key insights. The cases can be grouped into three primary themes: Delayed Possession Claims, Penalties for Project Delays, and Non-compliance due to External Circumstances.
The first theme, Delayed Possession Claims, often arises when buyers feel that they have not received their properties within the stipulated timelines. While the specifics of such claims are not detailed in the summaries available, it is a common point of contention in the real estate sector.
The second theme, Penalties for Project Delays, pertains to disputes regarding financial penalties imposed on builders for not meeting timelines. These situations typically occur when buyers contest imposed penalties, citing reasons for delays that often lie outside the builder's control.
The third theme, Non-compliance due to External Circumstances, is particularly highlighted in the summary provided, where the builder successfully defended against penalties by demonstrating that the inability to submit documentation was a direct consequence of the COVID-19 lockdown.
The cases were brought to court for reasons such as contesting penalties, disputing project completions, and dealing with regulatory compliance issues. A common pattern observed is the tendency of opposing parties to bring claims that may lack substantive evidence, which Aarcity Builders appeared to counter effectively.
The builder won these cases primarily due to reasons such as insufficient evidence from complainants, failure to comply with regulatory requirements on the part of the opposing party, and external circumstances that hindered submissions or compliance. These successful defenses indicate that accusations against the builder were sometimes based on misunderstandings or exaggerations, rather than on grounded grievances.
Overall, this analysis speaks to the builder's capability to defend against unjust claims, thereby bolstering its reputation in the turbulent real estate market. It illustrates that potential buyers should be aware that not all complaints against builders are valid, and some may arise from misinterpretations or unfounded accusations.
In conclusion, for potential buyers, it is essential to make informed decisions when considering a real estate purchase. While legitimate disputes do exist within the industry, the insights derived from these cases show that builders like Aarcity Builders Private Limited can effectively defend themselves against false claims. Therefore, a careful approach towards evaluating a builder's reputation through reliable information and thorough research is recommended before forming an opinion or making a purchase decision.
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 |
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2485 of 2019 | Haryana | The respondent was penalized for not submitting o… | ["Penalty Waiver"] | {"appellant_claim": "", "respondent_claim": "", "… | Aarcity Builders | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/ODQzMDY= |