ARDENT PROPERTIES PRIVATE LIMITED

Introduction

When considering a property investment, understanding the credibility and track record of the builder is paramount. In this post, we delve into Ardent Properties Private Limited, focusing on their legal standing and customer complaints to assess their reliability.

Builder Overview

Ardent Properties Private Limited operates primarily in Haryana and has a relatively low number of complaints, indicating a smoother operational process compared to other builders in the industry.

Legal Case Summary

Ardent Properties has faced two complaints. Notably, they have won two cases, showcasing a strong legal track record with no losses against them.

Cases Analysis

1. Cases Lost: While the builder has not lost any cases, it is important to evaluate the nature of the cases that were dismissed. The complaints involved a request for delay possession charges for a residential unit in the 'Primanti' project developed by Tata Housing Development Co. Ltd. The primary argument in these cases hinged on whether the complaints were timely filed.
   • Common Factors in Lost Cases:
   • Delay Possession Claims: Both cases related to delayed possession. This often indicates that projects may be experiencing timeline management challenges.
   • Barred by Limitation: The dismissal of these cases was because they were deemed barred by limitation, highlighting the importance of timely legal action by complainants.
2. Cases Won: The builder has successfully defended against all complaints brought forward, establishing their ability to navigate legal challenges effectively.
   • Common Factors in Won Cases:
   • Timeliness of Actions: The outcomes suggest that complainants need to ensure they act within the stipulated timeframes to pursue claims effectively.
   • Ownership Protocols: Successful ownership transfers and compliance with legal frameworks were likely adhered to by the builder, reinforcing their credibility in the market.

Conclusion

Overall, Ardent Properties Private Limited presents a robust profile with an impressive track record of successfully handling complaints, evidenced by winning all cases. However, the nature of the complaints indicates the need for buyers to be vigilant about timelines and unit possession protocols.

Tips for Potential Buyers

1. Review Contractual Timelines: Ensure you understand the timelines stipulated in your purchase agreement to protect your rights.
2. Legal Recourse Awareness: Familiarize yourself with basic legal concepts, especially regarding limitations on complaints, to avoid missing out on rightful claims.
3. Check Project Completion Status: Inquire about the timeline and progress of any projects you intend to invest in, particularly regarding possession dates.

General Tips for Selecting a Builder

1. Research the Builder’s History: Look for any legal disputes and how they were resolved to gauge the builder’s reputation.
2. Talk to Previous Buyers: Gathering opinions from existing homeowners can provide insights into the builder's reliability.
3. Examine Project Reviews: Reviews can highlight any persistent issues faced during the acquisition and possession of properties.

Navigating the home-buying process can be daunting; however, being informed about builders like Ardent Properties Private Limited can significantly aid in making a secure and sound investment decision.

An analysis of the cases filed against the builder, which the builder won, revealed the following information.

The cases primarily revolved around themes such as 'Delayed Possession Claims' and 'Barred by Limitation Claims'.

In the reviewed summaries, complainants primarily sought delay possession charges related to a residential unit in the 'Primanti' project developed by Tata Housing Development Co. Ltd. While homeowners raised concerns about delays in possession, the builder successfully argued that the claims were no longer valid due to the time limits established by law. Specifically, the claims were dismissed as they were deemed barred by limitation, indicating that the complainant did not take timely action following the execution of the conveyance deed on 30.03.2018, and possession was accepted without protest or any subsequent claims for delay until after too much time had passed.

The common reasons for these cases being brought to court appear to stem from disputes over possession timelines. Homeowners sought to contest the penalties associated with delayed possession, leading to legal actions. However, these cases also highlight an important pattern; the complaints lacked sufficient support or evidence to substantiate the claims made against the builder. The builder's effective defense was pivotal in overcoming the allegations that were often based on misunderstandings or deviations from established legal timelines.

Moreover, the builder won these cases due to a number of decisive factors. Key among them was the ability to demonstrate that the claims were not brought forward within the legally required timeframe and that the appellants had accepted the possession of the units without objection. This indicates a stringent adherence to contractual and legal obligations on the builder's part, leading to their successful outcomes. It is crucial to recognize that claims brought forth by buyers may sometimes stem from miscommunications or misunderstandings regarding project timelines, assertions that builders like Ardent Properties Private Limited have encountered in the past.

This analysis speaks volumes about the builder's reputation within the industry as well as the broader real estate market context. It underscores the notion that while genuine grievances do exist, buyers are sometimes prone to make unfounded claims against builders. Ardent Properties Private Limited has showcased a commendable capacity to defend itself against such accusations, reflecting a strong legal standing.

For prospective buyers, it is essential to make informed decisions. The trends observed in these cases indicate that while there are legitimate disputes, builders like Ardent Properties Private Limited have a solid track record of successfully navigating legal challenges. Before forming opinions about a builder's reputation in the market, buyers are encouraged to fact-check claims and seek reliable information to make balanced assessments.