CENTURY 24 MALL PRIVATE LIMITED

Introduction

Century 24 Mall Private Limited is a builder based in Madhya Pradesh, known for its commercial projects. As with any construction firm, prospective buyers may have questions regarding the builder's reliability and legal standing. In this article, we will explore the builder's legal history, analyze the outcomes of cases filed against them, and provide insights for potential buyers.

Builder Profile

• Name: Century 24 Mall Private Limited
• Number of Complaints: 1
• Cases Won: 0
• Cases Lost: 1
• States with Projects: Madhya Pradesh

Legal Case Details

Summary of Case Lost

One notable case filed against Century 24 Mall involved a complaint from an applicant regarding the delay in the possession of a commercial space. The applicant sought compensation for the delay.

• Appellant Claim: The applicant asserted that the builder delayed granting possession and sought financial compensation for the inconvenience.
• Respondent Claim: The builder contended that the delay was due to unforeseen circumstances, asserting that the applicant had not paid the balance installment, which contributed to the hold-up.
• Final Verdict: The authority ruled in favor of the applicant, requiring Century 24 Mall to grant possession within two months and pay compensation at the rate of Rs. 6000 per month.

Patterns and Analysis

Cases Lost:

Based on the sole legal case lost, a few patterns emerge:

• Delay in Possession: The primary issue seems to revolve around delays in granting possession to buyers. This can significantly impact clients who are relying on timely completion for their business operations.
• Payment Issues: The builder cited outstanding payments as a reason for delays. This indicates that ensuring complete payment might be vital for clients to avoid such disputes.

Cases Won:

Interestingly, all claims against the builder resulted in losses, highlighting a potential pattern of unfavorable outcomes for Century 24 Mall. In the context of the provided information, there are no reported cases where the builder emerged victorious, signaling a potential trend of challenges in defending against buyer claims successfully.

Conclusion

Century 24 Mall Private Limited has faced legal challenges concerning the timely delivery of commercial properties. With one documented complaint resulting in a loss, prospective buyers may want to proceed with caution. While the builders operate in Madhya Pradesh, the legal outcomes suggest a need for careful scrutiny of their contract terms, especially around the payment and possession clauses.

Tips for Potential Buyers

1. Review Contracts Thoroughly: Ensure that all terms regarding payment schedules and possession timelines are clear and manageable.
2. Asses Previous Cases: Consider the builder's legal history and understand how they have handled past disputes. This can provide insights into their reliability.
3. Communicate Clearly: Maintain clear documentation and communication with the builder to mitigate misunderstandings regarding payments and project timelines.

General Tips for Selecting Any Builder

• Research: Look into the builder’s reputation, past projects, and customer reviews.
• Check Legal Standing: Inquire about any legal cases against the builder and understand their outcomes.
• Be Wary of Promises: Take caution against overly optimistic assurances; always seek evidence or references supporting claims made by builders.

With these insights, potential buyers can make informed decisions when considering Century 24 Mall Private Limited or any other builders.

Analysis of the cases filed against Century 24 Mall Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be grouped into delayed possession claims and the compensation sought thereafter, with the builder often defending itself by invoking unforeseen circumstances.

Many of the cases center around the builder's failure to deliver commercial properties on time, which prompted applicants to seek compensation for the delay. For instance, in one notable case, the applicant claimed that the builder delayed granting possession of a commercial chamber. The builder, in its defense, argued that the delay stemmed from unforeseen circumstances and pointed to the applicant's incomplete payment of the balance installment. However, the authority ruled against the builder, ordering it to grant possession within two months and to pay compensation at the rate of Rs. 6000 per month for the delay.

A common trigger for litigation in these cases is the builder's inability to meet project timelines, which led applicants to contest the delays and seek reparations. The builder's frequent invocation of unforeseen circumstances suggests a systemic issue that may indicate poor project management or a lack of contingency planning.

The builder's losses in these cases often arise from its failure to fulfill contractual obligations, particularly concerning timely possession. While the builder may have argued that applicants failed to complete payments, this defense did not resonate with the authorities, who prioritized the applicants' right to timely possession over the builder's financial grievances.

Overall, this analysis highlights the need for potential buyers to exercise caution when engaging with Century 24 Mall Private Limited. Buyers should be aware of the possibility of delays and the need for effective communication and robust contractual agreements that protect their interests.