DECENT REALTECH PRIVATE LIMITED

Introduction

Decent Realtech Private Limited is a real estate builder operating primarily in Haryana. In the competitive landscape of property development, understanding the legal backdrop of a builder can be as crucial as evaluating their project quality. This blog post dives into the builder’s case history and offers insights for potential buyers.

Legal Case Overview

The legal history of Decent Realtech Private Limited reveals minimal complaints, with only one formal complaint logged against them. This complaint culminated in a case where the builder lost and was mandated to pay delayed possession charges. This outcome highlights certain critical aspects that prospective buyers might consider.

Summary of Legal Case

The sole complaint addressed a situation where the complainant sought possession of a flat and compensation for delayed possession. The builder contended that possession was offered, yet the complainant had not taken it. The final verdict resulted in the authority directing payment of delayed possession charges at a rate of 10.75% per annum from a date prior to the offer of possession.

Analysis of Legal Outcomes

Cases Lost

The lone case that resulted in a loss for Decent Realtech occurs under circumstances where possession delivery was a significant issue. Key insights into this case include:

• Delayed Possession: The core of the complaint was focused on the complainant's delayed possession, indicating potential challenges in timely delivery of flats.
• Accountability: The authority's decision mandates compensation, reflecting the repercussions that builders may face for failure in timely project completion.

Cases Won

Interestingly, the builder has not won any complaints. While this might signal potential concern, it is crucial to understand that a lack of favorable outcomes in legal matters can also indicate stricter scrutiny and accountability in their operational practices.

Conclusion

Based on the existing data regarding Decent Realtech Private Limited, the builder comes with a mixed bag of capabilities. With minimal legal complaints, their operations seem relatively stable; however, the single lost case raises questions about their reliability concerning timely possession of properties.

Tips for Potential Buyers

1. Research Thoroughly: Since there is a history of delayed possession, it's essential for buyers to conduct thorough research on project timelines and delivery guarantees.
2. Clear Communication: Engage directly with the builder regarding your expectations for project timelines and seek written confirmations.
3. Consider Legal Safeguards: Buyers should consider legal safeguards, such as ensuring detailed terms in the purchase agreement regarding possession dates and compensation clauses for delays.

General Tips for Selecting Any Builder

• Check Reviews and Complaints: Always evaluate the builder’s reputation based on customer reviews and past complaints.
• Inspect Ongoing Projects: Visit sites of current projects to gauge the quality and adherence to timelines firsthand.
• Verify Legal Standing: Ensure that the builder has necessary legal approvals and a clean legal history to avoid future problems.

Through diligent research and prudent decision-making, potential buyers can navigate the property landscape with greater confidence and minimize the risks associated with investing in real estate.

Analysis of the cases filed against Decent Realtech Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around delayed possession claims, with complainants often seeking possession of their flats and compensation for the delays.

One of the most notable themes is the builder's defense, which frequently claims that possession was offered to the complainants at an earlier date, yet they failed to take it. This indicates a prevalent dispute over whether the builder adequately offered possession or if there were underlying issues that prevented complainants from accepting.

Common reasons for bringing cases to court include contesting the builder's claims of timely possession offers and disputing the penalties imposed for the delays attributed to the builder. There's a visible pattern where complainants question the validity of the possession offers, suggesting either miscommunication or unfulfilled obligations by the builder before the offer.

The builder’s losses in these cases can be attributed to several factors. A critical reason is the authority's ruling based on the actual dates of delayed possession, where the builder was found to have delayed fulfillment of promises made at the time of booking. The decision to direct payment of delayed possession charges at 10.75% per annum highlights a significant regulatory requirement that the builder failed to meet, leading to financial repercussions.

In summary, the cases against Decent Realtech Private Limited primarily reflect issues related to delayed possession and the builder's obligations. The outcomes suggest a need for buyers to be vigilant and for builders to adhere to timelines and clearly communicate their offers of possession.