| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the competitive world of real estate, choosing a reliable and competent builder is pivotal for homebuyers. One builder that stands out in this regard is Ambuja Neotia Teesta Development Private Limited, particularly known for its projects in West Bengal. This blog post will analyze the track record of this builder based on legal cases filed and resolved, offering insights that can assist potential buyers in making an informed choice.
Overview of Legal Cases
Ambuja Neotia Teesta Development Private Limited has faced a total of three legal complaints, all of which they have won, marking a 100% success rate. This exemplary performance not only reflects their operational adherence to regulations but also illustrates their commitment to resolving disputes effectively. Below is a summary of the cases:
- Modification of Agreement for Sub-Lease: The builder sought modification for their project, 'Utsodhaara Residencia - I,' which was approved by the West …
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder, Ambuja Neotia Teesta Development Private Limited, which it won, revealed the following information.
1. Themes of Disputes:
- Modification of Agreements:
In one case, the builder sought modifications to an existing sub-lease agreement for their project 'Utsodhaara Residencia - I', which was ultimately approved by the regulatory authority without any claims made by the respondent. - Disputes over Financial Defaults:
There was a case where the complainant invoked financial constraints post-COVID as a reason for defaults in payment, leading them to seek cancellation of the lease. The authority, however, sided with the builder and directed the cancellation while ensuring that the builder would be refunded the balance amount minus the booking fee. - Project Delays due to External Factors:
Another significant case involved the builder not being able to commence construction due to late receipt of …
Individual case details available for subscribers.
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