No Logo Available

ADARSH AWAS VIKAS PRIVATE LIMITED

3.8/5 (13 cases analyzed)
  • States Active In: Madhya Pradesh, Mp
CINNot Available
Year EstablishedNot Available
AddressNot Available
Company StatusNot Available

Overall Case Outcomes

Introduction

Adarsh Awas Vikas Private Limited has garnered attention in the real estate market, particularly in Madhya Pradesh. This blog post delves into the builder's legal history, analyzing the patterns in their legal disputes and offering insights for potential buyers considering investments in their projects.

Overview of Legal Cases Against Adarsh Awas Vikas

Adarsh Awas Vikas has faced a total of 13 legal cases, with a stark record of losing all of them. This alarming statistic raises concerns about the company’s reliability and operational practices.

Summary of Legal Cases

The following patterns emerge from the cases:

  1. Frequent Claims for Non-Delivery: The majority of the complaints relate to the builder’s failure to deliver possession of plots or complete construction despite having received full payment. Many applicants claimed prolonged delays and no communication regarding their properties.
  2. Financial Disputes: There were numerous instances where the builder argued that applicants didn’t pay the full amounts as per agreements. However, the adjudicating bodies consistently found in favor of the applicants, often ordering refunds with interest.
  3. Mutual Settlements: A few cases were resolved through mutual agreements, wherein the builder agreed to refund the amounts or provide possession. This suggests that although the builder faced legal action frequently, they occasionally opted for settlement to avoid prolonged disputes.
  4. High-Interest Refunds: In many of the rulings, the builder was held responsible for paying interest rates that ranged significantly, indicating either poor financial management or disregard for fulfilling contractual obligations.

Analysis of Patterns

Cases Won by the Builder

Interestingly, Adarsh Awas Vikas has not won any of the complaints filed against it. The consistent loss across all 13 complaints demonstrates a clear pattern of failing to uphold agreements and a tendency toward customer dissatisfaction.

Cases Lost by the Builder

The lost cases share several common factors:

  1. Failure to Deliver: In all instances, the builder was accused of not providing possession of properties after receiving payments. This indicates a systemic issue with project fulfillment.
  2. Inconsistent Payment Claims: The builder's defense often revolved around claims that applicants did not pay full amounts. Given the outcomes, this defense appears unconvincing to the adjudicating authorities.
  3. Interest and Compensation: The outcomes frequently mandated significant refunds plus interest, which may reflect poorly not only on financial health but also on management practices.

Conclusion

In summary, Adarsh Awas Vikas Private Limited's track record raises serious questions regarding their operational integrity. With 0 wins in 13 legal disputes, potential buyers are advised to exercise caution when considering this builder for real estate investments.

Tips for Potential Buyers

  1. Thorough Research: Investigate the builder's reputation through online reviews, real estate forums, and legal records. Understanding the experiences of previous customers can provide valuable insights.
  2. Legal Advice: Before making any financial commitment, consult with a real estate attorney to understand the potential risks involved.
  3. Demand Transparency: Ensure that contracts are clear about payment structures, timelines for delivery, and procedures for obtaining refunds in case of non-delivery.
  4. Verify Projects: If possible, visit current or completed projects to assess the quality of work and the builder's capability.

General Tips When Selecting a Builder

  • Check Registration: Ensure the builder is registered and recognized by relevant authorities.
  • Inspect Past Projects: Look for completed projects by the builder to evaluate workmanship and adherence to timelines.
  • Ask for References: Speak to former clients to gauge their satisfaction and any issues they faced with the builder.
  • Read Contracts Carefully: Be diligent in reviewing contracts, noting payment schedules, timelines, and potential penalties for delays.

By equipping yourself with knowledge and conducting thorough due diligence, you can make a more informed decision on your real estate investments.

Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Delayed Possession Claims Refund Disputes Construction Completion Delays Payment Disputes

Analysis of the cases filed against Adarsh Awas Vikas Private Limited, which it lost, revealed significant insights into the builder's operational practices and the common themes that emerged in these disputes.

The cases can be broadly categorized into four main topics: Delayed Possession Claims, Refund Disputes, Construction Completion Delays, and Payment Disputes.

Many of the claims revolved around delayed possession, where buyers asserted that they were not provided with property despite having completed their payments. The builder often countered with claims of incomplete payments or unforeseen circumstances, yet the verdicts consistently favored the buyers, indicating a systemic issue in the builder's project management and financial tracking.

Refund disputes were another frequent theme, with buyers claiming that the builder failed to return their payments after failing to deliver completed units. The builder's defense often revolved around the buyers' alleged failure to fulfill payment agreements, but the outcomes suggest that the builder's refusal to refund was not justified.

The construction completion delays are closely tied to the possession claims, as buyers reported that properties were not finished in a timely manner. In several cases, the builder did not even respond to the complaints, highlighting a concerning level of disengagement that likely contributed to the delays.

Payment disputes generally involved the builder's claim that buyers had not paid the agreed-upon amounts, which is critical to the contracts for construction completion. However, the consistent failure to validate these claims with evidence during the disputes suggests that the builder may have mismanaged buyer accounts or fabricated discrepancies to avoid fulfilling their obligations.

Common reasons for the builder's losses in these cases include insufficient evidence to support their claims, failure to complete projects on time, and inability to provide refunds as mandated by the adjudicating bodies. The outcomes indicate a pattern of regulatory non-compliance and a lack of transparency in financial dealings with buyers.

Overall, this analysis highlights the importance of thorough due diligence before engaging with Adarsh Awas Vikas Private Limited. Buyers should be cautious and consider the legal implications of their agreements, ensuring that their payments are tracked accurately and that clear timelines are established for project completion and possession.

Builder Reviews

No reviews for this builder yet. Be the first one to share your thoughts!


Submit Your Review