EVERLIKE BUILCON PRIVATE LIMITED

Introduction

In the competitive landscape of real estate development in India, understanding a builder's reputation and legal history is crucial for potential buyers. This blog post delves into the performance and legal standing of Everlike Builcon Private Limited, providing insights into their projects and any notable issues that prospective clients may want to consider.

Overview of Everlike Builcon Private Limited

Everlike Builcon Private Limited is a real estate builder primarily active in Haryana. With a limited number of documented complaints, they appear to be relatively low-key in the market. However, one significant legal case reflects their challenges in customer satisfaction.

Legal Cases Overview

The builder has encountered a total of one legal complaint:

• Complaints Filed: 1
• Cases Won: 0
• Cases Lost: 1

Details of the Case Lost

The sole case against the builder involved a complaint from a buyer who sought a refund of Rs. 11,60,000 for a commercial unit in a project. The buyer argued for a refund claiming dissatisfaction, while Everlike Builcon stated that the buyer had defaulted on payment and that the project was completed in September 2019. Ultimately, the authority ruled in favor of the complainant, ordering the builder to refund the amount, after deducting a 10% earnest money as well as paying interest.

Patterns in Legal Outcomes

Based on the provided data:

• Lost Case Insight: The case lost by Everlike Builcon highlights a significant issue with customer expectations versus deliveries. The complainant's assertion for a refund indicates possible deficiencies in project delivery or communication regarding payment expectations.
• Win Case Insight (Hypothetical): Despite having one case won that is actually reported as a loss, if the builder ever had won another case hypothetically, it would likely indicate a strong defense on contractual agreements. However, the absence of such cases here emphasizes either a lack of legal disputes resolved in their favor or simply a problematic engagement with their clients.

Conclusion and Recommendations

In summary, Everlike Builcon Private Limited's legal history indicates potential concerns regarding customer satisfaction and project timelines. With one unresolved legal issue leading to a lost case against them, potential buyers should exercise caution.

Tips for Potential Buyers:

1. Research Thoroughly: Before engaging with Everlike Builcon, investigate their past projects and customer reviews. Look for any history of delayed deliveries or unresolved complaints.
2. Understand Legal Obligations: Familiarize yourself with the terms of your contract, including the payment schedule and the consequences of defaulting.
3. Seek Transparency: Ensure that all communications regarding project progress and financial transactions are documented clearly to avoid misunderstandings.

General Tips for Selecting Any Builder:

1. Check Legal History: Always review a builder's legal history to gauge their reliability. Builders with multiple complaints or losses may be higher risk.
2. Inspect Previous Projects: Visit existing projects by the builder to assess quality and adherence to timelines.
3. Consult Experts: Speak with real estate professionals or lawyers who can provide insights into the builder's reputation and potential red flags.

By considering these points, buyers can make informed decisions, ensuring a smooth and satisfactory property purchasing experience.