ADEL LANDMARKS LIMITED

When it comes to real estate, the builder's reputation can significantly impact your home-buying experience. In this post, we delve into ADEL Landmarks Limited, a builder that currently operates in Haryana, and examine their track record based on a recent legal case. Let's explore the implications of their performance and what potential buyers should know before making a purchase.

Overview of ADEL Landmarks Limited

ADEL Landmarks Limited has a minimal complaint history, with one recorded complaint that resulted in a legal case. The case was contested in the courts, and the builder unfortunately lost, providing insight into their business practices.

Legal Case Details

In the legal case brought against ADEL Landmarks Limited, the complainant, Mr. Tarun Mendiratta, sought a refund for his flat payment due to non-delivery of possession by the promised date—January 23, 2018. The builder contended that the delays were due to circumstances beyond their control, invoking the conditions laid out in the Builder Buyer Agreement. However, the verdict did not favor ADEL Landmarks, as they were ordered to refund a substantial sum of Rs. 26,80,126 along with interest within 90 days.

Analysis of Performance

Cases Lost

ADEL Landmarks Limited has a concerning track record, having lost the only case filed against them. The common factor in this case was the failure to deliver possession within the stipulated time. The court found in favor of the consumer, aligning with a notable trend in real estate disputes where buyers seek redress for delayed projects. This not only raises questions about the builder's commitment to deadlines but also signals potential issues in project execution and communication.

Cases Won

Interestingly, while ADEL Landmarks Limited has not won any legal cases, the singular focus on the one case lost demonstrates a critical lack of successful defense in consumer disputes. This can be interpreted as a lack of effective justification for delays or other builder responsibilities, further complicating potential buyer trust.

Conclusion

Given the data, ADEL Landmarks Limited presents a riskier choice for prospective buyers in Haryana. Their legal track record, particularly being on the losing side of a complaint regarding delayed possession, should warrant careful consideration and due diligence before any commitments are made.

Tips for Potential Buyers

• Research: Always investigate a builder's history, including any past legal issues and how they've resolved disputes with customers.
• Read Contracts Carefully: Understand the Builder Buyer Agreement and what it stipulates regarding project timelines and compensation for delays.
• Seek Transparency: Engage with current homeowners or buyers to gain insights into their experience with the builder, particularly in terms of delivery timelines.
• Consider Alternatives: If a builder shows a record of complaints or legal issues, consider looking at other projects and builders with more favorable reputations.

General Tips When Selecting a Builder

• Check Credentials: Verify the builder's registration, licenses, and past project completions.
• Look for Reviews: Reviews from previous clients can provide invaluable information regarding reliability and quality.
• Visit Past Projects: If possible, visit existing properties completed by the builder to assess construction quality and adherence to timelines.
• Consult Legal Experts: Seek advice from real estate professionals or legal experts before signing any agreements, especially if you have any reservations about the builder's credibility.

In conclusion, potential buyers should approach dealings with ADEL Landmarks Limited with caution, ensuring they are well-informed and safeguarded against potential pitfalls in their real estate journey.

Analysis of the cases filed against ADEL Landmarks Limited, where the builder lost, reveals several key themes and key patterns in the disputes. The cases primarily revolve around three common themes: delayed possession claims, contractual obligations disputes, and refund and interest claims.

The delayed possession claims highlight a significant area of concern for buyers, as exemplified by the case of Mr. Tarun Mendiratta. In this instance, the buyer sought a refund due to the builder's failure to hand over possession by the agreed-upon date of 23 January 2018. This case demonstrates a growing trend where buyers are increasingly contesting delays in project completions and demanding accountability from builders.

Contractual obligations disputes are another recurring theme in these cases. Builders often defend themselves by invoking the terms and conditions of the Builder Buyer Agreement, arguing that delays are caused by unforeseen circumstances. However, as seen in Mr. Mendiratta's case, the authority ruled against the builder, indicating a degree of disfavor towards blanket defenses that do not acknowledge the obligations to deliver property on time.

Refund and interest claims naturally follow from the first two themes, as buyers who do not receive their promised properties within the timeline often seek financial recompense. The ruling in Mr. Mendiratta's case, which mandated a refund of the total amount paid along with interest, showcases a commitment to protecting buyers’ financial interests.

Common reasons for the builder's losses in these cases include insufficient evidence to justify delays, failure to adhere to the promised timelines as per the contractual agreements, and an inability to provide possession of the property within the expected framework. Moreover, the rulings indicate a systemic issue where builders may not be taking adequate steps to prevent delays or to ensure customer satisfaction in the delivery of residential flats.

In conclusion, the analysis of the cases against ADEL Landmarks Limited serves as a cautionary tale for potential buyers. It highlights the importance of scrutinizing Builder Buyer Agreements, understanding the common themes in legal disputes, and being aware of the ongoing challenges faced by builders in delivering projects on time. Buyers are encouraged to be vigilant and proactive in their approach when engaging with builders to minimize risks.