CIN | U70101HR2012PTC047073 |
---|---|
Year Established | Not Available |
Address | 11th Floor, Unit-1101 Worldmark 1 , Sohna Adda, Haryana, India - 122001 |
Company Status | Private |
Overall Case Outcomes
Introduction
In the ever-evolving landscape of real estate, selecting the right builder is crucial for ensuring a smooth property-buying experience. This blog post delves into Elite Landbase Private Limited, shedding light on their performance based on the limited data available.
Company Overview
Elite Landbase Private Limited primarily operates in Haryana. Despite its ambitious endeavors in this region, the company has faced challenges in legal disputes, which potential buyers should be aware of before making a purchase decision.
Legal Issues and Performance
Complaints Overview
Elite Landbase Private Limited has recorded a total of 2 complaints. In both instances, the builder has lost, signaling a potential red flag regarding customer satisfaction and the management of projects.
Outcome of Legal Cases
Interestingly, the details of 2 cases indicate that while the builder registered settlements, the nature of complaints has not been disclosed.
Analysis of Legal Outcomes
Common Factors in Lost Cases
The lack of details regarding the complaints means pinpointing specific patterns is challenging. However, the builder's inability to win any cases raises concerns about its operational transparency and customer relations.
Conclusion
Overall, Elite Landbase Private Limited demonstrates a concerning track record with no cases won and two instances of losing complaints. Potential buyers should approach with caution and conduct thorough due diligence.
Tips for Potential Buyers
1. Conduct Extensive Research: Look into customer reviews and any available documentation about the builder.
2. Seek Transparency: Ensure that the builder provides detailed information on ongoing projects and any past issues.
3. Inquire About Complaints: Ask the builder directly about past complaints and how they were resolved.
General Tips for Selecting Builders
1. Check Legal Background: Investigate if the builder has an intact legal standing by reviewing any complaints or disputes.
2. Review Projects: Visit completed projects to gauge quality and craftsmanship.
3. Evaluate Financial Health: Assess the builder's financial stability to avoid potential project delays or failures.
In conclusion, while Elite Landbase Private Limited may have ambitions in Haryana, potential buyers need to be vigilant given the builder's history of unresolved complaints and legal challenges.
Yearly Trend for these Cases
Analysis of the cases filed against Elite Landbase Private Limited, which it lost, reveals several key themes across the complaints raised by other parties. The cases highlight ongoing issues in the real estate sector, particularly concerning delays, land classification, and the imposition of penalties.
The first type of case involves Delayed Possession Claims. Many of the complaints seem to revolve around the builder's inability to deliver units to the buyers within the promised timelines. This is a recurrent theme in real estate disputes and often stems from factors like mismanagement, unforeseen circumstances, or inadequate planning. Buyers expect timely possession, and when that doesn't happen, it typically leads to dissatisfaction and legal action.
Another significant category is Disputes over Land Conversion or Classification. This suggests that there were allegations of incorrect classification or non-compliance with municipal regulations regarding land use. Such disputes often arise when builders fail to adhere to the approved plans or make changes without regulatory approvals, which can be a major concern for buyers who might see their investments jeopardized by potential legal flaws.
Penalties for Project Delays also feature prominently in the cases against the builder. Here, the complaints likely contested the builder's accountability for delays, with other parties possibly arguing that the builder failed to meet project timelines and should therefore face penalties. This could also include claims that the builder attributed delays to incorrect sources, such as other parties involved in the project, rather than taking responsibility itself.
Common reasons for bringing cases to court include contesting penalties, disputing project delays, and disagreements over land classification. Buyers and associated parties tend to get aggressive legally when they feel their investments are at risk or when they face prolonged delays in possession. The builder’s litigation patterns suggest a defensive approach, often trying to mitigate penalties and responsibility for delays, which indicates a lack of proactive compliance with timelines and regulations.
The builder lost these cases likely due to insufficient evidence to support their claims, non-compliance with legal or regulatory requirements, or a failure to follow interim directions from courts or regulatory bodies. Misunderstandings of land or project classification rules could have also played a critical role in the outcomes. The amicable settlements reached suggest that while the builder may have had some legitimate points, they ultimately agreed to resolve the cases without escalating further, which might indicate an acknowledgment of fault and a willingness to negotiate to prevent further reputational damage.
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