CHIRAG BUILDTEC PRIVATE LIMITED

Introduction

In the vast landscape of real estate, buyers often find themselves navigating through a multitude of builders, some reputable and others not. One such player is CHIRAG BUILDTEC PRIVATE LIMITED, a builder focusing its operations primarily in Haryana. This article delves into the builder's track record, legal disputes, and practical advice for prospective buyers.

Legal Case Overview

Recent records indicate that CHIRAG BUILDTEC PRIVATE LIMITED has faced a total of two legal complaints. In both instances, the builder was adjudged to have lost, highlighting a consistent pattern in the nature of disputes raised against them.

Complaints Filed

1. Appellant Claims
   • In both cases, the complainants sought a refund for the amount paid towards an apartment, coupled with the execution of a surrender deed.
2. Respondent Claims
   • The builder contended that the complainants were not entitled to a refund, asserting that the project was at an advanced stage with a possession date slated for December 2021.
3. Final Verdict
   • Ultimately, the authority directed that refunds be issued, albeit with a deduction of Rs. 25000 as surrender value, showing that even in the face of complaints, the builder did not win any cases.

Analysis of Cases Lost

The patterns emerging from the complaints suggest a common ground:

• Consumer Dissatisfaction: The repeated claims for refunds indicate significant buyer dissatisfaction with the project's progress or delivery.
• Surrender Deed Execution: The demand for surrender deeds implies that buyers felt compelled to exit the agreement, often due to unmet expectations regarding the project's development.
• Delayed Possession: The projection of a possession date that is not aligned with buyers’ timelines reflects a serious concern.

Analysis of Cases Won

In this instance, it's important to note that CHIRAG BUILDTEC PRIVATE LIMITED has not won any legal cases. Therefore, the analysis of cases won is not relevant. However, the repetition of the claims in the cases lost does highlight a potential area of focus for the builder to improve upon.

Conclusion

Based on the available data, CHIRAG BUILDTEC PRIVATE LIMITED appears to face significant challenges regarding customer satisfaction and project delivery. The history of complaints and the consistent outcomes suggest that potential buyers may have legitimate reasons for concern.

Tips for Potential Buyers

• Research Thoroughly: Before investing, individuals should conduct thorough research on the builder's past projects and legal history.
• Seek Buyer Reviews: Engage with past buyers to gather insights about their experiences with the builder.
• Verify Project Milestones: Ensure that the builder provides transparent updates regarding project timelines and possession dates.

General Tips When Selecting Any Builder

1. Check Credentials: Validate the builder's licenses and credibility through regulatory bodies.
2. Review Contracts Carefully: Always read the fine print in contracts and seek clarification on confusing clauses.
3. Look for Accountability: Opt for builders who have a sturdy process for addressing grievances.
4. Prioritize Transparency: A builder who maintains transparency about project challenges is often more trustworthy.

Navigating the Real Estate Market

Navigating the real estate market can be daunting, but informed decisions can lead to successful investments. Buyers should remain vigilant and proactive in their research to ensure their investments are secure.