LANDMARK APARTMENTS PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Haryana
| CIN | U70109DL2006PTC150028 |
|---|---|
| Year Established | 23-Jun-06 |
| Address | A-11 CHITTRANJAN PARK , NEW DELHI, Delhi, India - 110019 |
| Company Status | Private |
Introduction
When considering a new apartment purchase, the reputation and legal standing of the builder are crucial factors that can significantly influence your decision. In this blog, we will take an in-depth look at Landmark Apartments Private Limited, which is currently operating in Haryana. We will analyze the legal cases associated with them, focusing on their complaints and outcomes, to provide valuable insights for potential buyers.
Overview of Landmark Apartments Private Limited
Landmark Apartments Private Limited has received 1 complaint, showing that customer dissatisfaction is relatively low. However, it is essential to note that the builder has notably lost that one case. Here, we summarize the situation:
- Total Complaints: 1
- Cases Won: 0
- Cases Lost: 1
- State with Projects: Haryana
Legal Case Insights
Detailed Analysis of the Lost Case
The complaint against Landmark Apartments revolved around a request for a refund due to delayed possession of a flat, worth Rs. 59,22,100/-, for which the buyer had already made a payment of Rs. 45,50,000/-. The builder’s defense indicated that the delay in possession was attributed to licensing issues. However, the legal authority ultimately ordered a refund of Rs. 35,31,000/- with an interest rate of 9.80% calculated from the date of receipt until the date of the order.
Patterns in Legal Outcomes
- Common Factors in Cases Lost: The lost case indicates a pattern where refund demands arise from possession delays. The builder’s claims of issues related to licensing may not have held strong against the demands for timely possession, suggesting potential weaknesses in their operational or communication processes.
- Common Factors in Cases Won: Interestingly, there are no cases that Landmark Apartments has won, which raises concerns about their legal standing in handling complaints effectively.
Conclusion: Evaluating Landmark Apartments Private Limited
Based on the above analysis, Landmark Apartments Private Limited presents a mixed picture. With only one case recorded, their track record might not be extensive enough to form a comprehensive view. However, the fact that they have lost the sole case can be a red flag for potential buyers. It suggests potential issues in fulfilling commitments, particularly regarding timely possession.
Tips for Potential Buyers
If you're considering purchasing from Landmark Apartments Private Limited, here are a few tips:
- Thoroughly Research: Look into projects by Landmark Apartments and check for customer reviews. Verify if there have been any publicized delays or issues.
- Ask About Licensing: Given their previous claims regarding licensing issues, inquire directly about the status of any required licenses for the project you’re interested in to avoid future complications.
- Request Documentation: Make sure to have all necessary documentation regarding payment, agreements, and timelines clearly defined before proceeding.
- Consider Financial Security: Be cautious about the financial implications surrounding refund policies and the builder's ability to compensate in case of delays.
General Tips for Selecting Any Builder
- Check Builder Reputation: Research online reviews and speak to previous buyers to gauge their experiences.
- Inspect Previous Projects: Visit completed projects to assess the quality and quality of construction.
- Understand Legal Rights: Familiarize yourself with your rights and obligations under local property law, particularly concerning possession and refunds.
- Negotiate Clear Terms: Ensure that you have clear timelines and clauses in your agreement to safeguard your investment.
By keeping these factors in mind, you can make a more informed decision whether to engage with Landmark Apartments Private Limited or any other builder in the future. Happy house hunting!
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Landmark Apartments Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around delayed possession claims, often resulting in disputes over refunds owed to buyers.
The most notable theme is the Delayed Possession Claims. In the summarized case, the complainant claimed a refund due to the delayed possession of a flat worth Rs. 59,22,100/-, for which they had paid Rs. 45,50,000/-. This indicates a significant investment on the part of the buyer and a high expectation for timely delivery of property. The builder's defense—that the delay was due to licensing issues—suggests a common pattern where builders attribute delays to external regulatory factors rather than internal project management issues.
Licensing Issues emerge as another critical theme. While it’s essential for builders to comply with licensing requirements, it’s also crucial for them to anticipate and mitigate potential delays caused by such factors. In this case, the builder's failure to provide timely possession due to licensing issues resulted in a substantial refund order, highlighting the legal obligations builders have regarding delivery timelines.
Refund Disputes are a direct consequence of the aforementioned issues. Buyers who do not receive their promised properties on time often contest for refunds, which leads to a significant loss for builders, as seen in the case where the authority ordered a refund of Rs. 35,31,000/- with 9.80% interest.
Common reasons for bringing cases to court include contesting penalties for delays, disputing project delays attributed to other parties, and disagreements over land classification or conversion. In the case of Landmark Apartments, the builder's tendency to attribute delays to licensing issues is a repeated pattern that signals a potential systemic issue within their operational framework.
The builder lost these cases primarily due to insufficient evidence to support their claims of external culpability for the delays. Furthermore, non-compliance with legal or regulatory requirements, such as failure to obtain necessary licenses in a timely manner, undermined their defenses. This highlights the importance of diligent project management and compliance in the real estate sector.