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Overall Case Outcomes
When considering a real estate investment, potential homebuyers often seek insight into the reliability and reputation of builders. In this blog post, we delve into the performance of Dwarkadhish Haveli Builders Private Limited, providing a detailed account of their legal standing and project involvement, particularly in Madhya Pradesh, where they maintain their operations.
This legal outcome raises concerns about the builder's adherence to contractual obligations, which is a significant factor for potential buyers to consider.
Cases Won: While there are no cases won by the builder, the single case lost should be taken into account seriously, highlighting a lack of successful defenses in customer disputes.
By taking these factors into account, prospective buyers can make informed decisions and potentially avoid pitfalls in the home-buying process.
Yearly Trend for these Cases
Analysis of the cases filed against Dwarkadhish Haveli Builders Private Limited, where the builder lost, revealed several key themes and patterns. The primary disputes can be categorized into delayed possession claims, compensation disputes, and the builder's reliance on unforeseen circumstances as a defense.
The cases often revolved around the builder's failure to deliver possession of the developed plots on time, which led to claims from the applicants seeking compensation for the delays. A common reason for contesting these claims was the builder's assertion that the delays were caused by unforeseen circumstances. However, the legal outcome suggests that this defense was insufficient to meet the obligations set forth in the agreements.
The summary indicates a pattern where applicants were driven to bring cases to court primarily due to the builder's inability to adhere to project timelines and fulfill their commitments. The builders’ frequent invocation of unforeseen circumstances to justify delays highlights a significant area of concern, as it reflects potential issues in project management and risk assessment.
The builder's losses in these cases can be attributed to several factors. Notably, the decision by the Adjudicating Officer to award compensation and interest at the rate of 8% per annum suggests that the builder did not meet the agreed-upon terms. This discrepancy implies that the builder may have failed to provide adequate evidence to support their claims of unforeseen circumstances or did not comply with the compensation requirements outlined in the agreements. Overall, these cases shine a spotlight on the need for transparency and reliability in the builder's dealings, and the importance of fulfilling contractual obligations in real estate transactions.
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