BUILTCRETE REALTY PRIVATE LIMITED

Introduction

In the ever-evolving real estate market, choosing the right builder can significantly influence your homeownership experience. Builtcrete Realty Private Limited is a builder operating predominantly in West Bengal. In this blog post, we will analyze the performance of Builtcrete Realty based on available data, including legal cases and buyer complaints.

Overview of Builtcrete Realty Private Limited

Builtcrete Realty Private Limited has a relatively clean record with only one complaint logged against them. Importantly, they have been successful in every legal case they have faced, winning one case without losing any. This paints a picture of a builder who is proactive and capable of addressing challenges effectively.

Legal Case Breakdown

Case Details

In the single legal case filed against Builtcrete Realty, the appellant claimed that the project was delayed due to unforeseen circumstances, specifically the second wave of Covid-19 and subsequent regulations issued by the Housing Department. The builder sought a 12-month extension, which was granted by the West Bengal Real Estate Regulatory Authority. This case resulted in an official extension for project completion from January 1, 2024, to December 31, 2024.

• Case Summary:
  • Claim by Appellant: Delay caused by Covid-19 and governmental regulations, seeking a 12-month extension for project completion.
  • Builder's Response: No counterclaims made.
  • Verdict: Granted an extension to complete the project and obtain necessary completion certificates.

Patterns in Legal Cases

• Cases Won:
  • The only information available involves a case the builder filed and won. The common factor in this case relates to challenges presented by external circumstances beyond the control of the builder, culminating in a request for project timeline extensions. This reflects the builder's commitment to transparency and communication with buyers regarding potential delays.
• Cases Lost:
  • Not applicable as Builtcrete Realty has not lost any cases, indicating effective management of their legal obligations and customer relations.

Conclusion and Assessment

Overall, Builtcrete Realty Private Limited appears to be a responsible builder, successfully navigating legal challenges and maintaining a strong track record in delivering on their commitments. Despite a singular complaint, their proactive approach to project completion and regulatory compliance speaks volumes.

Tips for Potential Buyers Considering Builtcrete Realty

1. Stay Informed: Keep abreast of project updates, particularly given the potential for unforeseen delays, as seen in the recent legal case.
2. Understand the Legal Landscape: Familiarize yourself with the legal rights of buyers in West Bengal, especially with regards to project timelines and quality assurances.
3. Engage Dialogically: Maintain an open line of communication with the builder throughout the buying process. Regular updates can provide peace of mind.

General Tips for Selecting Any Builder

1. Research Portfolio: Look at previously completed projects to gauge quality and craftsmanship.
2. Review Reputation: Seek reviews from past buyers and check for any complaints against the builder.
3. Examine Legal Standing: Investigate whether the builder has faced legal issues and how they’ve been resolved, as this can inform you about their reliability.
4. Ensure Transparency: A good builder should provide clear and truthful information regarding project timelines, costs, and processes.

In conclusion, when considering Builtcrete Realty, or any other builder, thorough due diligence will empower you to make informed decisions, paving the way for a rewarding home-buying experience.

An analysis of the cases filed by the builder, Builtcrete Realty Private Limited, which it won, revealed the following information. The disputes primarily revolved around themes such as Delayed Possession Claims, Regulatory Compliance Issues, and Project Completion Extensions.

In the realm of Delayed Possession Claims, the builder sought to address various reasons for project delays, prominently featuring external factors like the second wave of Covid-19. These situations prompted the builder to pursue extensions for project completion, highlighting proactive measures to ensure delivery despite challenges.

The builder's common recourse to legal action stemmed from contesting penalties associated with these delays and to defend against what could be perceived as unjust claims from stakeholders. A recurring trigger for litigation appeared to be external disruptions—both regulatory and environmental—that hampered project timelines. In this particular case, the new circular from the Housing Department was cited as a factor influencing the project delay, emphasizing external regulatory constraints on the builder's operations.

The reasons behind the builder’s success in these cases often included a lack of substantial evidence from the opposing parties, or issues related to non-compliance with stipulated legal or regulatory requirements on their part. In this instance, the West Bengal Real Estate Regulatory Authority granted a 12-month extension without robust counter-claims from the respondents, illustrating that often the claims against the builder may lack sufficient grounding. This pattern suggests that Builtcrete Realty Private Limited effectively navigates legal challenges, often prevailing against exaggerated accusations, thus underscoring its robust operational compliance and defense capabilities.

This analysis reflects positively on the builder’s reputation within the broader real estate market. It is indicative of a scenario in which buyers may sometimes level false or exaggerated accusations against builders, resulting in unnecessary legal disputes. That Builtcrete Realty Private Limited has been able to defend itself vigorously against such claims illustrates a commitment to both its obligations and an adept understanding of operational compliance.

To potential buyers, this brings forth a crucial advisory: the importance of making informed decisions. While legitimate disputes do exist within the real estate landscape, the examination of these cases demonstrates that builders like Builtcrete Realty Private Limited often successfully defend themselves against unjust claims. As such, buyers are encouraged to carefully weigh the evidence and seek reliable information before forming judgments about a builder's reputation.