CIN | U45400DL2008PTC172401 |
---|---|
Year Established | Not Available |
Address | 10, Local Shopping Complex, Kalkaji New Delhi New Delhi DL 110019 IN |
Company Status | Private |
Overall Case Outcomes
When it comes to real estate investment, the reputation of a builder is paramount. Buyers seek reliability, quality, and a track record that speaks to their ethical dealings. Bhanu InfraBuild Private Limited is a builder based in Punjab that has come under scrutiny due to certain legal challenges in recent times. This blog post delves into the builder's legal background and offers potential buyers essential insights before making a purchase decision.
Bhanu InfraBuild Private Limited has recorded a total of two complaints against it, both of which resulted in losses for the builder. Here’s a closer look at the specific details:
The pattern in the builder's legal difficulties can be summarized as follows:
Interestingly, while the builder has lost both cases filed against it, both instances were effectively ruled in favor of the complainants. Therefore, this segment does not present a true scenario of winning cases; rather, it reflects the builder's inability to justify its forfeiture actions in both claims, which could be interpreted as a pattern of non-compliance with consumer expectations and legal norms.
The legal struggles faced by Bhanu InfraBuild Private Limited raise significant flags for potential buyers. With two losses in refund cases, prospective clients should approach with caution. The evident trend of the builder denying refunds for commercial transaction deposits suggests a potential risk for buyers engaging in similar transactions.
In summary, while Bhanu InfraBuild Private Limited may offer attractive projects, the legal history suggests a requirement for further scrutiny by potential buyers. It is wise to proceed with caution and make informed decisions in any property investment.
Yearly Trend for these Cases
Analysis of the cases filed against Bhanu InfraBuild Private Limited, where the builder lost, reveals several key themes and key patterns in the disputes. The cases primarily revolve around two main topics: "Refund Claims for Commercial Units" and "Forfeiture and Cancellation of Allotments."
In the "Refund Claims for Commercial Units," the complainants sought refunds of Rs.1,00,000/- paid to the builder for commercial units. The builder's defense was rooted in forfeiting the amount and canceling the allotments, which indicates a significant area of contention regarding the builder's allocation and sales practices for commercial property.
The common trigger for these litigations was the builder's decision to forfeit deposits and cancel contracts without fulfilling obligations or providing services/products contracted for. This led complainants to contest the builder’s actions, claiming their payments should be returned along with interest and compensation for the distress and financial loss caused.
The builder lost these cases primarily due to their inability to justify the forfeiture and cancellation of commercial unit allotments. The Adjudicating Officer ruled in favor of the complainants, directing the builder to return their payments with interest and compensation. This verdict highlights a concerning trend where Bhanu InfraBuild may not be adhering to accepted practices in real estate, potentially indicating systemic issues in their operational adherence to contractual obligations and customer service.
Overall, these rulings should serve as a cautionary tale for potential buyers considering commercial units from Bhanu InfraBuild. The patterns emerging from these cases reflect a need for buyers to exercise vigilance and thoroughly understand their rights, ensuring that they are protected against arbitrary forfeitures and cancellations.
No reviews for this builder yet. Be the first one to share your thoughts!