FALCON AGENCIES PRIVATE LIMITED

Introduction

In the competitive landscape of real estate, understanding the reliability and track record of builders is essential for potential home buyers. This blog focuses on Falcon Agencies Private Limited, a builder operating predominantly in Haryana. Here, we’ll delve into the public complaints against them, any legal cases encountered, and offer advice for future buyers.

Builder Overview

Name: Falcon Agencies Private Limited
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
States with Projects: Haryana

Legal Case Details

Falcon Agencies is entangled in a legal dispute regarding its 'Gateway Towers' project. According to the details of the case:

• Appellant's Claim: The complainant entered into buyer agreements for three units in the 'Gateway Towers' project and paid over 80% of the total amount but faced delays in possession. The respondent (Falcon Agencies) did not deliver possession within the promised three-year timeframe and claimed that no progress had been made on the project.
• Respondent's Claim: Notably, Falcon Agencies did not appear for the hearing, which raises questions about their commitment to resolving complaints.
• Final Verdict: The case was dismissed in light of a previous decision concerning similar issues. The complainant sought a full refund but was likely denied based on the ruling of Complaint Case No. 383 of 2018 involving the same parties.

Analysis of Legal Trends

Patterns in Lost Cases

The primary pattern observed in Falcon Agencies' lost case highlights:

• Delayed Project Delivery: Consistent failure to deliver projects on time is a significant issue, leading to claims for refunds from buyers who have invested substantial amounts upfront.
• Lack of Representation: The absence of a representative from Falcon Agencies during court hearings suggests a potential negligence in addressing buyer concerns, which potentially compromises their legal position.

Patterns in Won Cases

Interestingly, Falcon Agencies has not won any cases, indicating a trend of unfavorable outcomes when disputes arise. This raises a red flag for potential buyers regarding the builder's reliability and accountability in fulfilling contractual obligations.

Conclusion

Based on the data available, Falcon Agencies Private Limited appears to have a problematic track record regarding project delivery and customer satisfaction. For potential buyers, it is crucial to exercise caution and conduct due diligence before committing to purchases with this builder.

Tips for Potential Buyers

1. Research Thoroughly: Investigate previous projects by Falcon Agencies, including on-ground status and buyer feedback.
2. Review Legal Cases: Look for any litigation or complaint history involving the builder to understand potential risks.
3. Get Everything in Writing: Ensure any promises made during the sale process are documented in the buyer's agreement.
4. Consider Alternatives: Evaluate other builders in the region who may have a better reputation and track record.

General Tips for Selecting Any Builder

• Request References: Ask for feedback from past clients to gauge their experiences.
• Site Visits: Inspect completed projects to assess quality and timely delivery.
• Check for Licenses: Ensure the builder is licensed and registered with local authorities.
• Consult Industry Professionals: Seek advice from real estate agents or legal professionals familiar with local builders.

In conclusion, while Falcon Agencies operates within Haryana, buyers should proceed with caution and gather comprehensive information before making any commitments.

The analysis of the cases filed by the builder Falcon Agencies Private Limited, which it lost, reveals insightful information about the types of disputes they frequently encountered. Primarily, these disputes can be grouped under a few key themes. The foremost theme highlighted is 'Delayed Possession Claims,' where complainants allege that despite significant payments—often exceeding 80% of the total consideration—there was a failure to deliver possession within the agreed timelines. This type of case indicates a pattern where timeframes set in buyer agreements were not adhered to, leading to significant legal challenges. Another major theme is 'Refund Requests Due to Non-Delivery,' where buyers sought their invested amounts back, often together with interest, due to the builder's failure to initiate or complete the project as scheduled. The summary also brings forth the theme 'Lack of Project Development,' signaling buyer frustrations over halted or nonexistent progress on projects like the noted 'Gateway Towers.' Lastly, the builder's disputes were often decided based on 'Litigation Based on Precedents,' where earlier decisions influenced trial outcomes deterministically, such as in the case involving Complaint Case No. 383 of 2018.

The builder commonly brought cases to court primarily to contest the penalties associated with project delays, to dispute claims regarding the attribution of these delays, and to challenge refund requests from aggrieved buyers. These legal attempts appear to stem from a combination of unfulfilled contractual obligations and regulatory challenges. Typical triggers for such litigation include buyer claims of unmet timelines and substantial financial losses due to the builder's inaction or inability to deliver agreed-upon services, thus motivating legal recourse.

These cases were commonly lost by the builder due to several reasons. One major factor was the lack of compelling evidence supporting the builder's defense. Notably, in scenarios where the respondent (the builder) failed to appear, it severely weakened their position. Furthermore, instances of non-compliance with legal or regulatory requirements, as well as the absence of sufficient follow-through on interim directions, played crucial roles in their losses. Ultimately, misunderstandings regarding land classification and project regulations also contributed to the challenge they faced, leading to unfavorable verdicts. This pattern underscores the importance of transparency and compliance in real estate dealings for builders.