| CIN | L45202UP1985PLC099376 |
|---|---|
| Year Established | Not Available |
| Address | Eldeco Corporate Chamber-1, 2nd Floor, Vibhuti Khand(Opp. Mandi Parishad), Gomti Nagar, Lucknow Lucknow UP 226010 IN |
| Company Status | Public |
Overall Case Outcomes
Introduction
Eldeco Housing and Industries Limited is a notable builder in the real estate sector, primarily active in Uttar Pradesh. As prospective homeowners evaluate builders, understanding their track record regarding client satisfaction and legal standing is crucial. This blog delves into the performance of Eldeco Housing and Industries Limited based on recent case analyses and outlines considerations for future buyers.
Builder Overview
- Name: Eldeco Housing and Industries Limited
- Number of Complaints: 2
- Cases Won: 2
- Cases Lost: 0
- States with Projects: Uttar Pradesh
Legal Case Details
Eldeco Housing and Industries Limited has encountered two notable legal cases:
- Case Summary: The appellants claimed that the builder delayed possession of their flat by 32 months and employed sub-standard materials for construction. In rebuttal, Eldeco insisted that the flat was accepted by the appellants on April 10, 2017, and that the construction met the expected standards.
- Final Verdict: The Adjudicating Officer rejected the …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, which the builder won, revealed the following information.
The primary disputes can be grouped under several recurring themes, notably 'Delayed Possession Claims' and 'Quality of Construction Materials'.
In the cases summarized, both involved appellants claiming that the builder delayed possession of their flats by 32 months and used sub-standard materials for construction.
However, Eldeco Housing and Industries Limited successfully defended itself by asserting that the appellants had actually taken possession of their flats on a specified date, and that the construction work conducted met the required standards. This highlights a common issue in the real estate market: disagreements between buyers’ expectations and the builder’s fulfillment of contractual obligations.
The reasons for these disputes often stem from misunderstandings regarding possession timelines and the perceived quality of construction. Buyers may feel justified in their claims, but it can also indicate a gap …
Individual case details available for subscribers.
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