CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
In the competitive landscape of real estate development, understanding a builder's reputation and history is paramount for potential buyers. This article delves into the profile of Al-Madina Enterprise, highlighting its legal track record, ongoing projects, and what potential buyers should consider before making a commitment.
Al-Madina Enterprise operates primarily in Gujarat and has garnered attention due to its involvement in one legal complaint. A closer examination reveals the outcomes of legal actions taken against this builder, which forms a crucial part of its credibility assessment.
Al-Madina Enterprise has faced one legal complaint, resulting in a loss:
A review of the case filed against Al-Madina Enterprise illustrates that the promoter was penalized for not adhering to the established guidelines and timelines concerning project reporting. Specifically, the promoter claimed their project was completed and that they had received a completion certificate on December 1, 2020, yet failed to submit the final report punctually. The authority responded by imposing a penalty of Rs. 20,000 for this violation.
The case lost by Al-Madina Enterprise reflects common issues pertaining to project management and adherence to procedural requirements. A notable pattern is the failure in timely reporting, which not only affected the builder's standing but also served as a warning for potential pitfalls in their project executions. This highlights the importance of management systems in place to ensure all documentation and requirements are met within set timelines.
Interestingly, there are no cases that Al-Madina Enterprise has won against complaints filed, signaling an area of significant concern for prospective buyers. Having a zero-win rate in legal disputes raises questions about the builder's compliance with regulations and project delivery standards.
Overall, Al-Madina Enterprise has a concerning track record, especially in light of their complete lack of success in legal matters. Potential buyers should approach with caution and consider the following tips:
Regardless of the specific builder:
With cautious consideration and thorough research, potential buyers can make informed decisions, steering clear of potential pitfalls in what could be a significant financial commitment.
Yearly Trend for these Cases
Analysis of the cases filed against Al-Madina Enterprise, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues in three primary areas: non-compliance with municipal orders, penalties for project delays, and disputes over project completion reporting.
The first theme, non-compliance with municipal orders, stands out in the verdicts against the builder. In the example illustrated, the Authority imposed a penalty on the promoter for failing to submit the final project report on time, as mandated by the instructions in Order-6 dated 31/01/2018. This indicates a pattern where the builder faced legal consequences due to a lack of adherence to regulatory requirements.
The second theme, penalties for project delays, is closely related to the first. While the specific claims made by the promoter in the case were focused on the completion certificate and the late submission of reports, the underlying issue of delays in project reporting could suggest broader problems with meeting deadlines or managing project timelines effectively.
The third theme, disputes over project completion reporting, reflects the importance of documentation and reporting in real estate projects. The promoter's claim of completed work and the receipt of a completion certificate contrasts with the failure to furnish required reports, which raises questions about the builder's operational processes and compliance with necessary procedures.
Common reasons for litigation in these cases include contesting penalties imposed for non-compliance and delays, as well as disputes rooted in the builder’s failure to fulfill documentation requirements. The builder's losses in these cases typically stem from insufficient evidence to support their claims, or a demonstrated lack of compliance with critical regulatory guidelines.
Overall, these themes and patterns point to significant operational and procedural shortcomings within Al-Madina Enterprise, which potential buyers should consider seriously when contemplating a purchase or investment in projects managed by this builder.
No reviews for this builder yet. Be the first one to share your thoughts!