CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Emerald Lands (India) Private Limited, a builder operating primarily in Punjab and specifically in SAS Nagar (Mohali), has garnered attention in the real estate sector not only for its developments but also for its legal performance. This blog delves into the builder's history of complaints, cases won, and lost, providing potential buyers with insights that warrant careful consideration before engaging with the builder.
Emerald Lands has faced a total of 14 complaints, with a troubling record of 12 cases lost and only 2 cases won. This stark statistic indicates potential red flags for prospective buyers, particularly regarding the builder's adherence to commitments and transparency in their operations.
The 12 cases where Emerald Lands lost can be analyzed for common themes:
The builder managed to win 2 notable cases, which exhibited different patterns:
Emerald Lands (India) Private Limited's legal troubles speak volumes about the potential pitfalls buyers may encounter. The imbalance in the number of cases won versus lost suggests a concerning track record in customer satisfaction and adherence to contracts. Potential buyers should proceed with caution. Claims made by the builder regarding amenities and completion timelines should be verified and documented.
In summary, while Emerald Lands (India) Private Limited has established a presence in the Punjab real estate market, prospective buyers should weigh their options carefully, armed with adequate knowledge and counsel to navigate the complexities of engaging with the builder.
Yearly Trend for these Cases
Analysis of the cases filed against Emerald Lands (India) Private Limited, where the builder lost, revealed significant insights into their business practices and the grievances of their clients. The cases primarily revolved around three common themes: refund claims due to false promises, failure to deliver promised facilities, and violations of the Real Estate (Regulation and Development) Act, 2016.
The first theme, refund claims due to false promises, was the most prevalent. Numerous complainants cited that they were induced to purchase plots in the 'Imperial Golf Estate' project based on advertisements, brochures, and statements from the builder's staff that promised world-class facilities, including a 18-hole golf course, clubhouse, and 24x7 security. However, after paying substantial amounts (up to 95% of the total payment), the builder failed to deliver these promised amenities, leading to multiple refund claims.
The second theme focused on the builder’s inability to provide the promised facilities, which directly relates to the first theme. Complainants often highlighted the absence of essential features that were supposed to make the project desirable, such as the golf course and clubhouse. This failure to meet expectations was a common trigger for the litigation, as buyers felt cheated and misrepresented.
The third theme involves violations of the RERA Act, which regulates the real estate sector. Complainants frequently accused the builder of contravening sections of this act, particularly relating to making false statements and not adhering to the promised timeline for project completion.
A pattern emerges from these summaries: the builder's tendency to overpromise while underdelivering led to a series of legal challenges. Common reasons for the builder’s losses in these cases include insufficient evidence to defend their claims, non-compliance with the RERA Act, and a lack of follow-through on their commitments. The fact that many complainants were able to secure refunds along with interest showcases a legal system that is attempting to protect buyers from dishonest practices in the real estate market.
Yearly Trend for these Cases
An analysis of the cases filed against the builder, Emerald Lands (India) Private Limited, which the builder won, revealed the following information. The cases primarily centered around issues related to the non-appearance of complainants and failure to comply with substantial objections raised by the Legal Branch. These two recurring themes highlight key disputes that often arise in the realm of real estate and construction.
The common reasons for these cases being brought to court often stemmed from the complainants' inability to substantiate their claims or their non-compliance with procedural requirements. For instance, cases were initiated over penalties, claims of project delays, or disagreements about legal regulations. However, what made these cases particularly interesting is the discernible pattern of complaints being dismissed frequently due to the parties filing them not appearing in court, or failing to address the substantive legal concerns raised by the builder's defense. This indicates either a lack of credible evidence or a misunderstanding of regulatory procedures by the complainants.
On the other hand, the builder won these cases for a variety of reasons. The most significant factor was the failure of the opposing parties to provide sufficient evidence to support their claims. Additionally, non-compliance with legal requirements by the complainants played a pivotal role in these dismissals. The builder was able to present a solid defense, showcasing that sometimes allegations made by buyers or regulatory bodies might be exaggerated or unwarranted. A recurring theme in the dismissed cases highlights the importance of adhering to legal protocols when filing complaints.
This analysis paints a broader picture of Emerald Lands (India) Private Limited’s reputation in the real estate market. It underscores the notion that while there are legitimate disputes within the industry, there are also instances where builders face unfounded accusations that lead to protracted legal battles. The builder has demonstrated a strong ability to defend its interests against false or exaggerated claims, suggesting diligence and a commitment to lawful practices.
In conclusion, to potential buyers, this underscores the significance of making informed decisions when navigating the real estate market. While disputes and claims can often arise, the evidence gathered from these cases indicates that builders like Emerald Lands (India) Private Limited can frequently defend themselves against erroneous accusations. It is crucial for buyers to approach allegations with a discerning mindset and seek reliable, comprehensive information before forming opinions about a builder’s credibility.
No reviews for this builder yet. Be the first one to share your thoughts!