LANDMARK INFONET PRIVATE LIMITED

Introduction

In the competitive world of real estate, having a reliable builder can significantly influence your investment. One such builder, Landmark Infonet Private Limited, has achieved noteworthy results in legal proceedings, drawing attention from potential homebuyers in Haryana. This blog post aims to dissect the builder's complaint history and assess overall performance based on their legal standing.

Overview of Landmark Infonet Private Limited

Landmark Infonet Private Limited is primarily active in Haryana, showcasing a portfolio that has stirred both interest and scrutiny. With a total of 4 complaints filed against them, the builder stands out with an impressive record of winning all its cases—indicating a strong defense in legal matters.

Legal Case Details

Cases Filed Against the Builder

Although Landmark Infonet Private Limited has not lost any cases, there have been 4 instances where the builder faced questions regarding their project management. Most notably, these cases revolved around the failure to upload quarterly progress reports and non-completion of projects within declared timelines.

Specifically, the common claims included:

• Failure to Upload Quarterly Progress Reports: Across all four complaints, HRERA (Haryana Real Estate Regulatory Authority) highlighted issues related to the builder's compliance in reporting project updates.
• Project Completion Timelines: There were repeated claims regarding the incomplete status of projects, yet the builder defended asserting that they had completed around 95% of the work and sought extensions as needed.

Outcome of Cases

In all cases, Landmark Infonet responded to the claims by paying penalties when required and demonstrated a proactive approach by requesting the dismissal of complaints after fulfilling specific requirements set forth by the authority. The outcomes consistently leaned in favor of the builder, given that in three instances, the complaints were disposed of after penalty deposits, while in one case, an extension until December 2023 was granted, contingent upon submitting progress updates.

Patterns and Trends

Common Factors in Lost Cases

Interestingly, while the builder has won every case, a detailed look reveals that the majority of complaints stemmed from issues related to paperwork and adherence to timelines. The resounding theme is non-compliance concerning reporting obligations, rather than quality of construction or service dissatisfaction.

Common Factors in Won Cases

The builder’s strong response strategy—quickly addressing complaints by paying penalties and providing necessary documentation—has garnered favorable outcomes for each case. Their ability to assert progress (95% completion) in future projects has played a crucial role in securing extensions rather than strict penalties.

Conclusion

Overall, Landmark Infonet Private Limited demonstrates a solid footing in the legal landscape of real estate development in Haryana. Their clean record in winning complaints raises optimism, yet potential buyers should remain aware of the recurring issues flagged in the legal claims, particularly concerning project reporting and timelines.

Tips for Potential Buyers

1. Thorough Documentation Review: Always review legal documents and project reports provided by the builder. Ensure compliance with reporting requirements.
2. Regular Updates: Request regular updates on project completion timelines, especially if previous cases raised questions about adherence to these timelines.
3. Engagement with Regulatory Body: Familiarize yourself with the regulatory body (HRERA) to understand your rights as a consumer in real estate dealings.

General Tips for Selecting Any Builder

• Research the Builder's Reputation: Look into past performance, complaint records, and case resolutions.
• Demand Transparency: Ensure that the builder maintains open lines of communication and provides regular updates throughout the project lifecycle.
• Check for Accreditation: Verify that the builder is registered with relevant regulatory authorities, which would provide additional security for your investment.

In essence, investment in real estate is substantial, and selecting the right builder is crucial. By understanding the historical performance and current practices of Landmark Infonet Private Limited, buyers can make informed decisions moving forward.

An analysis of the cases filed against the builder, Landmark Infonet Private Limited, which the builder won, revealed the following information:

Non-compliance with Reporting Requirements

Several complaints were lodged pertaining to Landmark Infonet's failure to upload quarterly progress reports to the authorities, particularly HRERA. It was evident that complaints regarding non-compliance with regulatory reporting requirements were common and often led to penalties being imposed. However, Landmark Infonet demonstrated compliance by paying the fines and subsequently resolving these complaints efficiently.

Penalties for Regulatory Non-compliance

The builder faced penalties for failing to meet certain regulatory requirements, yet these penalties were addressed with prompt corrective actions, such as the payment of fines, which ultimately facilitated the resolution of the complaints. This indicates a level of responsibility taken by the builder upon facing regulatory challenges.

Project Completion Timeline Disputes

Some complaints revolved around allegations that the builder failed to complete projects within the envisaged timelines and did not seek appropriate extensions. In these cases, the builder successfully argued that a significant majority of project work had been completed and secured extensions to their project timelines, particularly under clear conditions set by the authorities.

The reasons these cases were brought to court included contesting the legitimacy of regulatory penalties and claims of project delays. A common pattern emerged in these summaries, indicating that complaints often stemmed from misunderstandings regarding project timelines or regulatory obligations.

Landmark Infonet Private Limited won these cases mainly due to the lack of substantial evidence from the opposing parties. In disputes relating to timelines, the builder's claims of completing the majority of their work backed by applications for project extensions were well-documented. This demonstrated good management practices and compliance with regulations, preventing further complications.

The analyses of these legal encounters suggest that the builder has developed a robust track record of defending against unjust claims, which exemplifies its reputation in the market. It is critical to understand that in real estate, allegations against builders arise frequently, and this scenario can lead to lengthy legal battles. Buyers must recognize that builders like Landmark Infonet Private Limited take such accusations seriously, ensuring they operate within the framework of the laws governing the real estate sector.

As a concluding message to potential buyers, it is paramount to make informed decisions when considering real estate investments. Though there are genuine disputes that emerge within the industry, the successful defense records of builders, such as Landmark Infonet Private Limited, against unwarranted claims highlight the importance of relying on accurate information before forming judgment on a builder's reputation. Buyers are encouraged to conduct diligent research and maintain an objective perspective when analyzing any claims made against builders in the marketplace.