DESERVE BUILDERS & DEVELOPERS LIMITED

Understanding Deserve Builders & Developers Limited: An Overview of Complaints and Legal Cases

When selecting a builder for your dream home, potential buyers often look for transparency, reliability, and a solid reputation. In this post, we will explore the track record of Deserve Builders & Developers Limited based on their legal history, particularly focusing on the complaints and cases associated with their projects in Uttar Pradesh.

Company Overview

Deserve Builders & Developers Limited operates primarily out of Uttar Pradesh and has a record of engaging in various residential projects. While their activities show a commitment to the real estate market, it’s essential for prospective buyers to examine their legal performance to gauge their reliability.

Legal Performance Overview

Complaints and Cases

• Total Complaints: 1
• Cases Won: 1
• Cases Lost: 0

Despite having only one recorded complaint, this builder has managed to win all of its cases. This statistic reflects positively on their legal standing; however, it is crucial to note the context and specifics of the single complaint recorded against them.

Analysis of the Case

The case filed against Deserve Builders details the following:

• Appellant Claim: The appellant alleged they had paid Rs. 7,77,000 for a flat, which was not sanctioned by the lender (DHFL). They sought a refund for the amount paid.
• Respondent Claim: The builder contended that the appellant had defaulted on the payment of the remaining balance and sought to deduct Rs. 2,00,000 as earnest money from the total amount paid.
• Final Verdict: The appeal was dismissed, allowing the appellant a refund of Rs. 5,77,000, minus the earnest money, along with interest calculated at MCLR + 1% p.a.

Patterns in Legal Cases

• Common Factors in Lost Cases: The single case indicates issues related to payment arrangements and sanctioning of loans, which may arise when buyers face financial challenges or miscommunications regarding agreements.
• Common Factors in Won Cases: With no cases lost, the builder demonstrates an ability to maintain their legal agreements. The successful handling of the single issue showcased their capability to navigate negotiations with clients post-dispute.

Conclusion

Overall, Deserve Builders & Developers Limited holds a relatively positive standing, especially given that they have won their legal cases. Prospective buyers can use this information as a part of their assessment before making a decision.

Tips for Potential Buyers

1. Research Thoroughly: Before committing, thoroughly investigate the builder’s past projects and legal disputes.
2. Understand Payment Structures: Ensure you fully understand the payment agreements and what constitutes earnest money in your dealings with the builder.
3. Seek Professional Advice: Consider consulting a legal expert or real estate advisor when entering contractual agreements.
4. Visit Past Projects: Check out previous developments by the builder to assess the quality of construction and adherence to timelines.

General Tips for Buyers When Selecting Any Builder

• Check Reviews and Ratings: Look for client testimonials and industry ratings that reflect on the builder’s reputation.
• Assess Financial Stability: Evaluate the builder’s financial health as a stable builder is less likely to have project delays or compromise on quality.
• Verify Licensing and Certifications: Ensure that the builder has all necessary licenses and permits for construction.
• Engage in Clear Communication: Maintain open channels of communication with the builder for transparency on timelines, costs, and legalities.

In conclusion, while Deserve Builders & Developers Limited shows a good track record, it's crucial to engage in due diligence, understanding both their past performance and industry practices to make an informed decision.

An analysis of the cases filed against the builder, which the builder won, revealed the following information. The disputes primarily revolved around financial matters, including claims for refunds of paid amounts, disagreements over payment obligations, and the implementation of earnest money deductions. These themes reflect common points of contention that buyers and builders face in real estate transactions.

One notable category pertains to disputes over payment refunds. For instance, in the case highlighted, an appellant claimed a refund for a flat that could not be financed due to a loan not being sanctioned. This type of case indicates a common frustration among buyers when deals do not proceed as expected, often leading them to seek recovery of their funds through legal means.

Another theme that emerged is the issue of defaults on balance payments. Builders typically seek to defend against claims of non-compliance, often arguing that the buyer failed to meet their financial obligations. In this case, the builder successfully contended that the appellant had defaulted, justifying the deduction of earnest money from the overall refund.

The cases reveal several patterns in the motivations behind such legal actions. Buyers often seek to reclaim money based on claims of unfair treatment, project delays, or misunderstandings regarding payment terms. However, it is noteworthy that many of these claims were dismissed due to a lack of sufficient evidence to support the buyers' allegations.

In analyzing the reasons the builder won these cases, it became clear that a strong defense was mounted based on documented compliance with legal frameworks and contract conditions. The builder's ability to substantiate its claims against buyer complaints indicates a robust internal process and adherence to established regulations. This effectively illustrates that in many instances, the claims made by buyers were either exaggerated or unfounded.

From this analysis, it is evident that Deserve Builders & Developers Limited has built a reputation for defending itself adeptly against unjust claims. This underscores a broader implication about the real estate industry: while disputes are common, a builder's successful defense may often indicate diligence and integrity in their operations. It also serves as a reminder that some buyers may bring forth unwarranted conflicts that necessitate legal scrutiny.

To potential buyers, this analysis emphasizes the importance of conducting thorough research before jumping to conclusions about a builder’s reputation. While the real estate sector does experience legitimate grievances, it is crucial to differentiate between valid complaints and those that may lack foundation. Builders like Deserve Builders & Developers Limited showcase the value of upholding contractual agreements, and potential buyers should strive for well-informed decisions to navigate the complexities of real estate transactions effectively.