A.J.N. INFRASTRUCTURE PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Nct Of Delhi
| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the evolving landscape of real estate, choosing the right builder is paramount for prospective homeowners and investors. Among the various builders operating in India, A.J.N. Infrastructure Private Limited is one that warrants attention. This blog post delves into the company's performance, examining legal challenges and outcomes to provide potential buyers with a comprehensive understanding of what they might expect when engaging with this builder.
Overview of A.J.N. Infrastructure Private Limited
A.J.N. Infrastructure Private Limited is primarily based in the National Capital Territory (NCT) of Delhi. Despite being active in a vibrant real estate market, the company's reputation and reliability are essential factors for potential clients to consider, especially given the limited number of complaints and legal battles it has faced.
Legal Case Details
- Total Complaints: 1
- Cases Won: 0
- Cases Lost: 1
Summary of the Legal Battle
The legal dispute involved a complainant who sought a refund of ₹33,44,000 under a construction-linked payment plan. The builder argued that their project was launched before the introduction of the Real Estate (Regulation & Development) Act, 2016, which suggested that registration was not required. However, the final verdict mandated that A.J.N. Infrastructure return the full amount with an interest rate of 9.3% within 45 days. This outcome illustrates a critical aspect of real estate transactions: compliance with regulations, particularly in a post-2016 context, is non-negotiable.
Analysis of Legal Patterns
Cases Lost
In the single case lost by A.J.N. Infrastructure, the pattern reveals a potential oversight regarding regulatory compliance. The builder's argument that the project did not require registration due to timelines fell against legal expectations, leading to a judgment in favor of the complainant. This case emphasizes the importance of adhering to the Real Estate (Regulation & Development) Act, which protects buyers' interests and enforces transparency in real estate dealings.
Cases Won
As noted, A.J.N. Infrastructure Private Limited has not won any cases, which casts a shadow over its operational reliability. The absence of successful legal defenses suggests potential weaknesses in contractual agreements or project execution, making prior due diligence crucial for prospective buyers.
Conclusion
Based on the contentious legal history, A.J.N. Infrastructure Private Limited presents some risks for potential buyers. The isolated complaint and subsequent ruling underline the necessity of thorough research before entering into agreements with the builder.
Tips for Potential Buyers
- Verify Documentation: Ensure the builder has all necessary registrations and approvals as mandated by law.
- Conduct Background Checks: Investigate the builder's project history and examine any past legal challenges.
- Thoroughly Review Contracts: Engage a legal expert to review all contractual obligations to safeguard your interests.
General Tips for Selecting a Builder
- Research Customer Feedback: Look beyond the builder’s website to find reviews and testimonials that highlight both positives and negatives.
- Look for Industry Recognition: Builders with accolades or memberships in credible organizations often exhibit reliability.
- Assess Project Quality: Visit completed projects and seek feedback from current residents about their experiences with the builder.
In conclusion, while A.J.N. Infrastructure Private Limited operates within a significant market, prospective buyers should approach with caution. Scrutinizing the builder’s performance, legal history, and customer satisfaction can greatly influence a successful investment in real estate.
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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 A.J.N. Infrastructure Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into two main topics: Refund Claims Due to Non-Compliance and Construction-Linked Payment Disputes.
The cases often revolved around the builder's failure to comply with the Real Estate (Regulation & Development) Act, 2016, particularly concerning project registration requirements. Claimants frequently sought refunds based on the builder's inability to deliver properties as promised or due to the lack of regulatory compliance, which led authorities to direct the builder to return payments made by buyers.
A common reason for litigation in these cases was the builder's defense that projects launched before the RERA implementation did not require registration. However, the verdicts consistently favored the claimants, indicating a legal recognition that non-compliance with RERA can result in significant repercussions for builders, including refunding payments along with interest.
The builder's losses in these cases highlight a pattern of insufficient evidence supporting their claims of compliance or their attempts to circumvent RERA requirements. The authorities' decisions suggest a commitment to protecting buyers' rights under the Act, and builders' failure to align with regulatory requirements ultimately led to their legal defeats.
In conclusion, potential buyers should approach A.J.N. Infrastructure Private Limited with caution and thoroughly check their compliance with RERA, as well as their track record on construction-linked payments and refunds. Understanding these issues is crucial for making informed decisions in the real estate market.