BANSIDHARA REALITY & ESTATE PRIVATE LIMITED

Introduction

Bansidhara Reality & Estate Private Limited is a builder operating primarily in Tamil Nadu. While the company has had its share of projects, it has faced legal challenges that potential buyers should be aware of. In this blog post, we will analyze the available data, focusing on complaints, legal standings, and outcomes that may impact purchasing decisions.

Overview of Legal Proceedings

Complaints Overview

According to the available data, Bansidhara Reality & Estate has received a total of 1 complaint. This singular complaint paints a picture of a builder that has thus far avoided significant legal contention but reinforces the importance of scrutinizing their practices.

Legal Cases

• Total Cases Won: 0
• Total Cases Lost: 1

In examining the details of the legal challenges faced by Bansidhara Reality & Estate:

1. The builder has lost 1 case, where the Execution Petitioner sought enforcement of an order related to the execution of sale deeds for the allottees. In this case, it is observed that the authority delivered a ruling that required the builder to comply by executing the necessary sale deeds, illustrating that the builder failed to fulfill contractual obligations towards its customers.

Analysis of Cases

Patterns in Lost Cases

The case that Bansidhara lost reveals a significant pattern related to non-compliance with directives. The underlying issue stemmed from the failure to execute sale deeds for rightful allottees. Specifically, the Complainant Association's success implies that customers might face challenges when addressing property documentation and execution of agreements.

Patterns in Won Cases

While the available data reflects no cases won by the builder, it is worth noting that the organization responded to the enforcement requests made by the complainants through authority intervention. Instead of prevailing in litigation, the builder appeared to adhere to the decisions made by the overseeing authority. This aspect may indicate a willingness to comply under legal pressure, although it underscores the importance of ensuring everything is executed correctly the first time.

Conclusion

In conclusion, Bansidhara Reality & Estate Private Limited’s track record on complaints and legal matters raises caution for prospective buyers. With 1 lost case indicating non-compliance with sale agreements, potential buyers should approach this builder with a discerning eye. It is crucial to thoroughly verify contract clauses, documentation, and the overall reputation of the builder before proceeding with any purchase.

Tips for Potential Buyers

1. Investigate Documentation: Ensure that all agreements, such as sale deeds and construction agreements, are clear and comply with local regulations.
2. Review Past Complaints: Look for feedback from previous clients and the outcomes of any legal disputes.
3. Engage Legal Counsel: Consider hiring a real estate lawyer to review contracts before signing anything.

General Tips for Selecting Any Builder

1. Reputation Check: Research the builder's standing in the market, including user reviews and complaint records.
2. Verify Credentials: Ensure the builder holds the necessary licenses and qualifications to perform the work.
3. Ask for References: Speak to previous buyers regarding their experiences with the builder in terms of timely completion and quality of work.

Taking these precautions can help ensure a positive buying experience, whether dealing with Bansidhara Reality & Estate or any other builder.

Analysis of the cases filed against Bansidhara Reality & Estate Private Limited, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues primarily revolving around three critical topics: non-compliance with contractual obligations, disputes over property conveyance, and failure to execute legal documents.

The first theme, non-compliance with contractual obligations, stands out in the case where the builder failed to execute sale deeds for undivided shares/plots as mandated by the Authority's direction. This reflects a broader pattern of neglecting contractual commitments, which is a common trigger for litigation in real estate transactions. Buyers often bring cases to court due to the builder’s inability to fulfill agreements, particularly when it comes to timely possession and adequate documentation of property.

The second theme, disputes over property conveyance, is closely linked to the first. The builder's failure to convey common areas to the Complainant Association, as ordered, illustrates a significant dispute over how shared spaces in projects should be legally acknowledged and transferred. Such disputes often arise from misunderstandings of legal requirements or attempts by builders to retain control over areas that should be communal.

The third theme, failure to execute legal documents, encapsulates the builder’s recurrent issues with adhering to legal processes. The case demonstrates a clear failure to execute sale deeds, which are critical legal documents in real estate that establish ownership. The builder's losses in these cases often stem from insufficient evidence of their compliance with contractual and legal requirements, along with a failure to follow interim directions from authorities.

In conclusion, the cases against Bansidhara Reality & Estate Private Limited expose significant operational and legal shortcomings. The patterns emerging from these disputes serve as a cautionary tale for potential buyers, emphasizing the importance of thorough due diligence and ensuring that builders are compliant with their obligations before making any commitments.