CIN | U70109DL2010PTC201695 |
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Year Established | Not Available |
Address | Basement 69, Mausam Vihar Delhi North Delhi DL 110051 IN |
Company Status | Private |
Overall Case Outcomes
In the ever-evolving real estate market, builders' credibility can significantly impact potential buyers’ decisions. AIMS Max Gardenia Developers Private Limited, known for its projects in Uttar Pradesh, has recently come under scrutiny due to consumer complaints and legal challenges. This article provides an insightful look into the builder's reputation by analyzing case outcomes and offering guidance for prospective property buyers.
The limited legal history of AIMS Max Gardenia Developers highlights a potential area of concern for buyers considering property investments with this builder. With only one complaint filed, it would suggest a manageable customer service track record, but the significant aspect remains that they have not successfully defended themselves in court.
The case against AIMS Max Gardenia Developers was filed by an appellant who claimed that the firm failed to complete a project and deliver possession of a flat within the promised timeline. The request was for a refund of the amount deposited along with accrued interest. The builder contested the appeal, indicating that the delay stemmed from factors beyond their control. However, the final verdict was unfavorable for AIMS Max Gardenia: the appeal was upheld, requiring them to refund the deposited amount plus interest at the rate of MCLR + 1% per annum.
Based on the data provided, AIMS Max Gardenia Developers Private Limited shows a concerning trend with their sole case resulting in loss and no victories to counterbalance that. This might raise red flags regarding their commitment to project timelines and customer service.
In conclusion, while AIMS Max Gardenia Developers may offer attractive opportunities in Uttar Pradesh, potential buyers should proceed with due diligence, keeping in mind the builder's ongoing legal challenges and past performance.
Yearly Trend for these Cases
Analysis of the cases filed against AIMS Max Gardenia Developers Private Limited, where the builder lost, reveals several key themes and key patterns in the disputes. The cases primarily revolve around delayed possession claims and project completion delays, highlighting significant concerns about the builder's ability to meet deadlines.
The most notable theme is the Delayed Possession Claims. In these cases, the appellants typically claimed that the builder failed to complete the project and hand over possession of their flats within the agreed-upon timeframes. This theme overlaps with Project Completion Delays, which reflects a broader issue of the builder's inability to finalize projects on schedule. Common reasons for these delays, as claimed by the builder, often revolve around circumstances beyond their control. However, the legal outcomes suggest that the builder's defenses in this regard were insufficient to mitigate their obligations.
Refund and Interest Disputes emerge as a consequential theme, arising from the delays and the builders' failure to deliver on their promises. Appellants often sought refunds of the amounts they had deposited, along with interest compensation for the prolonged wait. The verdicts in these cases mandate refunds along with interest, indicating a legal expectation that builders should accommodate such requests when they fail to deliver timely possession.
A pattern that emerges from the summaries is that people commonly bring cases to court when they feel their time and financial investments are not being respected. The builder’s repeated litigation can be attributed to their failure to communicate effectively regarding project delays and expectations, resulting in heightened frustrations from buyers who expected timely possession.
The builder lost these cases primarily due to their inability to validate their claims of circumstance-based delays with sufficient evidence. Moreover, the legal requirement to provide timely refunds and interest on deposits was not met, reflecting potential non-compliance with regulatory guidelines. Overall, this analysis underscores the importance for builders to prioritize timely communication and adherence to project timelines to avoid legal disputes.
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