EVERGREEN REALTORS PRIVATE LIMITED

Introduction

When diving into real estate investments, the credibility and reliability of the builder can make a significant difference. In this blog post, we will explore the performance of Evergreen Realtors Private Limited, focusing on their legal history and customer interactions, particularly in the state of Haryana.

Overview of Evergreen Realtors Private Limited

Evergreen Realtors Private Limited is a builder operating in the state of Haryana. While they have undertaken construction projects, their reputation appears to be affected by their legal disputes with buyers. With only one complaint registered against them and a notable case lost, it is essential to draw insights from these events to assess their credibility.

Legal Case Summary

According to the legal records:

• 1 formal complaint filed against Evergreen Realtors, leading to 1 lost case.
• The complaint originated from a complainant who claimed that the builder failed to deliver possession of a flat within the promised timeframe. In return, the complainant requested a refund of the amount deposited, as well as reimbursement for the EMIs paid to the bank, plus interest.
• The builder defended themselves by attributing the project delay to external factors beyond their control.
• However, the final verdict determined that Evergreen Realtors was to refund the complainant an amount of ₹4,16,181 along with interest at a rate of 10.70% from the date the payments were made until actual realization. Additionally, they were ordered to return the EMIs with the same interest conditions.

Analysis of Legal Performance

Patterns in the Cases Lost

The case lost by Evergreen Realtors indicates a tendency for builders to struggle when they fail to meet possession timelines. In this instance, the customer’s pursuit of a refund highlights a common expectation amongst homebuyers: timely delivery of property.

• Key Observation: Complaints based on delayed possession are crucial in customer satisfaction and builder reputation.

Patterns in the Cases Won

Evergreen Realtors does not have any cases that they have won; this illustrates a clear lack of favorable outcomes in legal disputes. It shows that they might struggle with fulfilling obligations, which could influence potential buyers’ perceptions concerning reliability.

• Key Observation: The absence of victories in legal cases suggests a troubling trend that could result in a lack of confidence among prospective clients.

Conclusion

Based on the available data, Evergreen Realtors Private Limited appears to have challenges when it comes to timely project delivery, which has directly impacted their credibility. Their single complaint and lost case concerning possession delays indicate that potential buyers should exercise caution.

Tips for Potential Buyers

1. Research Thoroughly: Investigate the builder’s history of project deliveries and customer feedback.
2. Ask for References: Speak to previous buyers about their experiences with Evergreen Realtors or any other builders.
3. Ensure a Written Agreement: Make sure all terms of possession and delivery timelines are clearly stated in your purchase agreement.
4. Be Wary of Delays: Understand the reasons behind project delays, and document any promises made by the builder.

General Tips for Selecting Any Builder

• Reputation Check: Look up reviews, complaints, and legal cases against the builder.
• Licensing and Certification: Ensure that the builder is certified and has all necessary licenses to operate.
• Visit Previous Projects: If possible, visit completed projects to assess the quality and timeline adherence.
• Consult Experts: Seek advice from real estate consultants or legal experts when in doubt.

In conclusion

While deciding to invest in real estate, particularly with builders like Evergreen Realtors, it’s imperative to conduct comprehensive due diligence to avoid unforeseen complications.