When considering purchasing property, potential buyers often look for reliable builders with a solid track record. Gaursons Realtech Private Limited stands out among builders in Uttar Pradesh with its singular complaint history and a successful resolution of a legal case. This article delves into the builder's profile, litigation history, and overall reliability for prospective buyers.

Overview of Gaursons Realtech Private Limited

Gaursons Realtech Private Limited has established itself as a prominent player in the real estate sector within Uttar Pradesh. With just one formal complaint lodged against it, the builder has successfully resolved the matter in its favor. This paints a positive picture of its operations and commitment to compliance.

Legal Case Review

Gaursons Realtech Private Limited has engaged in one legal case where it filed and emerged victorious. The details of the case highlight the builder's efforts to uphold regulatory standards:

• Case Background: The appellant alleged that Gaursons had not complied with Section 43(5) of the RERA Act, claiming that only 30% of the receivable amount was deposited.
• Outcome: The tribunal acknowledged the complaint but granted Gaursons 10 days to fulfill compliance requirements, which included submitting documentation from a Chartered Accountant.

This outcome suggests that although there was a claim against the builder, the compliance requirements were manageable and addressed within a reasonable timeframe.

Analysis of Complaints

Common Factors in Cases Won:

• Proactive Approach: Gaursons Realtech demonstrated a willingness to comply with tribunal requirements, which likely contributed to its successful defense in the case.
• Adherence to Regulatory Framework: The fact that the builder has not lost any cases implies a robust understanding of the regulatory framework, positioning it well when faced with legal scrutiny.

Common Factors in Cases Lost:

• None Reported: Notably, Gaursons has not lost any cases, suggesting a strong operational ethos and legal compliance strategy.

Conclusion

Based on the available data, Gaursons Realtech Private Limited appears to be a reliable builder in Uttar Pradesh with a strong legal standing and willingness to resolve issues efficiently. The single complaint and the case won indicate that potential customers can have confidence in their procedures and adherence to regulations.

Tips for Potential Buyers

If you're considering purchasing a property from Gaursons Realtech or any builder, here are a few tips to keep in mind:

1. Research the Builder's Reputation: Look into the builder's history, customer reviews, and any legal cases.
2. Check Legal Compliance: Ensure that the builder adheres to relevant laws such as the RERA Act, which can protect buyers' rights.
3. Visit Completed Projects: If possible, visit some completed projects by the builder to assess quality and craftsmanship.
4. Ask for Documentation: Request clear documentation regarding timelines, payment schedules, and compliance with legal standards.

General Tips for Selecting a Builder

• Look for Transparency: A reliable builder should be willing to share information about past projects and legal standings.
• Consider Project Location: Assess the location of the project with respect to amenities and growth prospects.
• Review Contract Terms Carefully: Understand all terms of the agreement before making any commitment to avoid future disputes.

In conclusion, Gaursons Realtech Private Limited presents a favorable option for property buyers in Uttar Pradesh, standing out for its efficient legal compliance and successful case outcomes. Buyers are encouraged to conduct thorough research and ensure due diligence before making any purchase.