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Overall Case Outcomes
When considering a new property investment, it is crucial to understand the reliability and track record of the builder involved. One notable entity in the real estate sector is Basera Aangan Flat Welfare Trust, operating primarily in the state of Odisha. In this article, we delve into the builder's legal history, examining complaints, case outcomes, and providing insights for potential buyers.
Name: Basera Aangan Flat Welfare Trust
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
States with Projects: Odisha
The builder has been subjected to at least one significant complaint, which appears to center around issues related to property possession and compensation.
Summary of the Case:
In the case filed against Basera Aangan Flat Welfare Trust, the complainant claimed that the builder failed to hand over the possession of a flat and did not compensate the buyer despite receiving the full payment. The builder’s response was notably absent, as they did not file any defense or reply to the complaint. As a result, the authority allowed the case to proceed ex-parte, leading to a verdict favoring the complainant. The ruling mandated that the builder deliver possession of the flat within two months and pay interest at 9.70% per annum from August 2, 2015, until the actual date of possession.
Overall, Basera Aangan Flat Welfare Trust has not demonstrated a strong legal standing, with a 0% win rate in legal disputes. This raises red flags for potential buyers who should be wary of the implications of incomplete property transactions.
In conclusion, while Basera Aangan Flat Welfare Trust operates in Odisha, potential buyers should exercise caution. By being informed and diligent, buyers can make educated decisions and avoid pitfalls in the complex world of real estate investments.
Yearly Trend for these Cases
Analysis of the cases filed against Basera Aangan Flat Welfare Trust, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into delayed possession claims, failure to compensate, and non-compliance with legal requirements.
The cases often revolved around the builder's inability to deliver possession of flats on time, which led to claims from the complainants seeking compensation for the delay. In one notable case, the builder had received the full payment for a flat yet failed to hand over possession, prompting the authority to direct an expedited delivery within a two-month timeframe along with interest compensation.
Common reasons for litigation in these cases include contesting the builder’s failure to act on commitments, disputing the delays in project completion, and disagreements over the responsibility for these delays. The builders were often found to attribute delays to other parties or to circumstances beyond their control; however, the lack of sufficient evidence to support these claims typically undermined their defense.
The builder's consistent losses in these cases highlight a troubling trend: Basera Aangan Flat Welfare Trust repeatedly failed to meet contractual obligations, compensate affected buyers, and adhere to legal standards governing real estate transactions. The absence of a filed defense in many cases suggests a degree of disengagement that further aggravated the grievances of the complainants.
Ultimately, the verdicts serve as a warning to potential buyers, indicating a high risk associated with engagements with this builder. The failure to comply with possession delivery timelines and compensation rulings reflects a systemic issue within the builder's operations, which prospective buyers should consider seriously before making any commitments.
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