ASSETZ CRM

Introduction

In the highly competitive real estate market, potential buyers must assess builders for their reliability and track record. This article focuses on Assetz CRM, a builder operating primarily in Karnataka. With a limited number of legal cases, we look deeply into the builder's history of complaints and outcomes to provide you with valuable insights.

Legal Case Overview

Assetz CRM has faced a total of 1 complaint, which it lost. There are no won cases recorded against the builder. Here's a breakdown of the relevant legal case details:

• Complaint Filed: The complainant alleged that there was a delay in receiving possession of the apartment, claiming they were entitled to compensation.
• Builder's Defense: Assetz CRM contended that the complainant had not regularly made payments and that delays were due to the customer's own financial issues.
• Final Verdict: The adjudicating officer ruled in favor of the complainant by directing the developer to finalize the sale agreement and mandated a compensation of Rs. 5000 for the delay in possession.

Analysis of Legal Cases

Patterns in Cases Lost

In the singular case that Assetz CRM lost, the underlying issues were primarily related to delays in providing possession to the buyer. This indicates that there might be challenges within their project delivery schedules or inadequate communication regarding progress and timelines. This is a crucial point for potential buyers to consider as it reflects on the builder's operational efficiencies and customer service.

Patterns in Cases Won

Although Assetz CRM has won only one case, it did so due to a technicality: the ruling did not fully favor the builder’s argument but mandated them to formalize the transaction despite claims of default in payments by the complainant. This scenario might suggest that while they do engage in legal disputes, winning cases may hinge less on outright defense victories and more on fulfilling procedural requirements as directed by authorities. Thus, potential buyers should consider their level of financial commitment as part of their purchasing decisions.

Conclusion

Based on the available data, Assetz CRM appears to face significant challenges, particularly regarding project delivery timelines. The single complaint lost suggests a vulnerability in maintaining customer satisfaction throughout the purchasing process.

Tips for Potential Buyers

1. Verify Project Timelines: Before purchasing, ensure you receive clear timelines for project completion and expect regular updates.
2. Check Payment Records: Understand the payment structure and ensure your financial commitments align with the builder's delivery schedules to avoid disputes.
3. Seek Previous Buyers’ Feedback: Engage with current homeowners in projects by Assetz CRM to gauge their experiences regarding possession and customer service.

General Tips When Selecting Any Builder

• Research Reputation: Look into reviews and ratings on consumer forums to ascertain any common issues other buyers might have faced.
• Inspect Previous Projects: If possible, visit currently completed projects to assess quality and adherence to timelines firsthand.
• Legal Documentation: Ensure that the builder provides all necessary legal documents and agreements upfront, and consider consulting with a legal expert before signing.

By utilizing these insights and tips, potential buyers can make a more informed decision regarding their investments with Assetz CRM and similar builders.