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KSD BUILDTECH PRIVATE LIMITED

  • No of Complaints: 2
  • States (Active in): Haryana
CIN U70100HR2011PTC043811
Year Established 6-Sep-11
Address SCO-35, SECTOR-15,PART-II HUDA MARKET GURGAON HR 122001 IN
Company Status Private

Introduction

KSD Buildtech Private Limited is a building firm based in Haryana, noted for its engagement in various real estate projects. Like many builders in the industry, they have faced legal disputes, leading to a mixed record in handling these complaints. In this blog post, we will explore the complaints filed against KSD Buildtech, the outcomes of these cases, and provide insights for potential buyers.

Legal Complaints and Outcomes

KSD Buildtech has encountered a total of two formal complaints:

  1. Case Lost: In this case, a complainant alleged that KSD Buildtech did not refund a deposited amount. The builder countered such claims by asserting that the refund was processed. Ultimately, the complaint was withdrawn after it was confirmed that the deposit was refunded. This indicates that while the builder lost the initial claim in the court, they managed to resolve the issue amicably by returning the funds.
  2. Case Won: Conversely, in another complaint filed by Sunita Sharma concerning a plot dispute, KSD Buildtech maintained a stance of no wrongdoing and stated that the issue was settled amicably. The final verdict reflected this, as both parties reached an agreement, and a cancellation of the plot was completed.

Analysis of Legal Patterns

Cases Lost

  • Common Patterns: The complaint that resulted in a loss for KSD Buildtech involved monetary disputes relating to deposits. This implies a need for clarity in communication regarding financial transactions and refunds. The ability to swiftly resolve the issue afterward suggests that while the company's processes may be questioned, they are willing to rectify errors when they arise.

Cases Won

  • Common Patterns: The successful case revolved around an amicable settlement prior to court involvement, reflecting a collaborative approach from both the builder and the complainant. This pattern indicates that KSD Buildtech acknowledges disputes and is proactive in settling them outside of legal proceedings, which could resonate positively for potential buyers who value reconciliation and collaboration over confrontation.

Conclusion

KSD Buildtech Private Limited presents a mixed yet insightful case study for prospective buyers. With two complaints – one resolved through refund and another through amicable settlement – the builder demonstrates a willingness to address issues as they arise.

Tips for Potential Buyers

  • Research Thoroughly: Understand the builder's track record by examining projects and any legal outcomes. Prospective buyers should look at customer reviews, timelines, and financial obligations related to properties.
  • Maintain Clear Communication: Ensure that all agreements, especially financial-related transactions, are clearly detailed to avoid disputes.
  • Document All Transactions: Keep thorough records of deposits and communications with the builder, which can serve as crucial evidence in case of disputes.

General Tips When Selecting a Builder

  • Verify Credentials: Always check the builder's license and any affiliations with industry organizations.
  • Review Past Projects: Look at the quality and completion of past projects, as this reflects the builder's capabilities.
  • Assess Legal Standing: Investigate if the builder has a history of complaints and how they were resolved to gauge their commitment to customer satisfaction.

In conclusion, while KSD Buildtech has faced challenges, their response to complaints and commitment to resolving issues can serve as a model for how buyers can engage constructively in their home-buying journey.

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Amicable Settlement Disputes Plot Related Conflicts

Analysis of the cases filed against KSD Buildtech Private Limited, which it lost, revealed several key points across the disputes it faced. The cases highlight two primary themes: amicable settlement disputes and plot-related conflicts.

The amicable settlement disputes revolve around the builder's claims of having settled matters with complainants, only to find itself in litigation nonetheless. This suggests a significant communication gap or a lack of documentation in settlement agreements, which can often lead to further legal ramifications.

Plot-related conflicts, on the other hand, appear to center around the specifics of plot transactions, including disputes over ownership, classification, or the terms of sale. In the case of Sunita Sharma, the complaint filed pertained to a plot-related dispute, which ultimately settled amicably, indicating that underlying issues may exist in KSD Buildtech's plot sales that only occasionally surface in litigation.

Common reasons for litigation in these cases include contested ownership claims and disputed settlement agreements. There is a pattern where the builder's insistence on amicable settlements may not always align with the expectations or understanding of the other parties involved, leading to legal action.

The builder's losses in these cases likely stem from insufficient documentation of settlement agreements, failure to address underlying plot-related issues, and a general lack of clarity in communication with its clients. These factors highlight the need for KSD Buildtech to revamp its legal documentation processes and improve its customer communication to mitigate future disputes.

This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.

Case Number State Summary Case Topic Detailed Summary Appellant Name Respondent Name Source
CR/6378/2022 Haryana Sunita Sharma vs KSD Buildtech Private Limited: A… ["Real Estate Dispu… {"appellant_claim(in detail)": "The complainant, … Sunita Sharma KSD Buildtech Priva… https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTM4OTky
Refund Disputes Claim Withdrawals Payment Processing Issues

An analysis of the cases filed against the builder, which the builder won, revealed the following information.

The disputes can primarily be grouped into three common themes: Refund Disputes, Claim Withdrawals, and Payment Processing Issues.

In the cases examined, the opposing parties typically contended that funds had not been refunded, leading to claims for recovery.

However, the builder, KSD BUILDTECH Private LIMITED, consistently maintained that refunds were processed in a timely fashion.

In instances where the claim was ultimately withdrawn, it typically paved the way for resolution as refunds were confirmed to have been issued.

The reasons behind these legal cases often centered on misunderstandings or claims made by buyers concerning the management of their payments.

This suggests a potential lack of clarity or communication that may lead buyers to believe their funds were mishandled, prompting them to seek recourse through legal avenues.

It's noteworthy that buyers may sometimes file claims under circumstances where they lack proper documentation or evidence to support their position.

The builder's success in these cases is indicative of several factors, including the absence of substantial evidence from complainants and the builder's ability to demonstrate compliance with refund procedures.

In instances where claims were withdrawn, it may suggest that the builder effectively communicated their actions to the buyer, leading to a resolution prior to further legal proceedings.

Such outcomes reinforce the notion that builders, particularly KSD BUILDTECH Private LIMITED, can defend against unsubstantiated claims or miscommunications effectively.

This analysis highlights the broader real estate market dynamic, where builders often find themselves in legal battles against accusations that may be unfounded.

It serves as a reminder that while concerns surrounding builder conduct are valid, there are cases where allegations may stem from misunderstandings or incomplete information.

KSD BUILDTECH Private LIMITED showcases a track record of defending against unjust claims, suggesting a commitment to their clients' financial dealings.

To potential buyers: It is crucial to approach claims against builders with caution. Ensure you have all necessary information and documentation before taking steps that could escalate to legal disputes.

While there are legitimate complaints in the real estate sector, the situation showcases that builders like KSD BUILDTECH Private LIMITED can effectively counter unjust claims.

Therefore, it’s important for buyers to seek reliable information and to approach their decisions with a comprehensive understanding of the builder’s reputation before forming judgments.

This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.

Case Number State Summary Case Topic Detailed Summary Appellant Name Respondent Name Source
CR/7939/2022 Haryana Complainant withdrew complaint after respondent r… ["Real Estate Dispu… {"appellant_claim(in detail)": "The complainant c… Mahendra Vikram Sin… KSD Buildtech Priva… https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTM4OTkz

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