ELAN BUILDTECH PRIVATE LIMITED

Introduction

In the competitive landscape of real estate development, the reputation of a builder can significantly influence potential buyers’ decisions. Elan Buildtech Private Limited, active in Haryana, has faced scrutiny after registering two legal complaints against them, both of which resulted in losses for the company. This blog post delves into the details of these cases, highlighting patterns observed in their outcomes, and offers insights for prospective buyers.

Overview of Complaints

Elan Buildtech Private Limited has encountered two complaints to date. Unfortunately for the company, they have not won any of these cases, which raises concerns about their customer service and overall adherence to contractual obligations.

Legal Case Details

1. Case Summaries：
   • Case 1：The first case against Elan Buildtech was dismissed as withdrawn due to an amicable settlement between the parties involved. While this may indicate the builder’s ability to negotiate settlements, it does not reflect positively on their initial business practices。
   • Case 2：The second complaint was more contentious. The complainant alleged that Elan Buildtech allotted them the incorrect shop number (1006 instead of 1005) and failed to address the error. The complainant sought our direction for either the correct allotment or a refund of the paid amount with interest. The builder, however, claimed the complainant had accepted the allotment of the wrong shop and failed to make timely payments. The outcome directed Elan Buildtech to refund the complainant with a 10% deduction and initiated penal proceedings against them for failing to register the project under the Real Estate (Regulation and Development) Act, 2016。

Analysis of Cases Lost

• Patterns in Lost Cases：The principal factors leading to losses in the cases include errors in allotment details and a lack of appropriate responses to customer complaints. In the second case, the failure to rectify claimed mistakes and the subsequent lack of timely payments raised serious concerns about Elan Buildtech’s communication and customer service。

Analysis of Cases Won

• Patterns in Won Cases：Notably, Elan Buildtech could claim that they settled one case amicably. However, the dismissal of the first case does not suggest a win in the traditional sense. It shows a willingness to engage in negotiations but also raises flags regarding the builder's accountability and reliability。

Conclusion

In conclusion, Elan Buildtech Private Limited exhibits significant challenges in fulfilling customer obligations, as evidenced by their complete loss record in legal matters. For potential buyers considering a purchase from Elan Buildtech, it is essential to thoroughly scrutinize any agreements, maintain clear communication, and ensure that all details are correct before proceeding with any transactions.

Tips for Potential Buyers

• Research Thoroughly：Before making a purchase, gather as much information about Elan Buildtech’s reputation, project history, and customer reviews。
• Get Everything in Writing：Ensure that all agreements, including payment schedules and allotments, are documented clearly。
• Seek Legal Counsel：If you feel uncertain, consulting a real estate lawyer can provide clarity and protect your interests。
• Consider Alternatives：Always explore other builders and projects in the area to compare quality, prices, and customer service。

General Tips for Choosing Any Builder

1. Check Licensing and Registration：Verify that the builder is licensed and follows local and national building regulations。
2. Review Past Projects：Visit previous developments to assess quality and construction standards。
3. Read Client Testimonials：Obtain feedback from previous clients about their experiences。
4. Evaluate Financial Stability：Ensure the builder has a solid financial footing to avoid project delays or failures。

By considering these factors, potential buyers can make well-informed decisions, minimizing risks associated with real estate purchases.