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LOON LAND DEVELOPMENT LIMITED

  • No of Complaints: 14
  • States (Active in): Haryana
CIN U70109DL2014PLC267465
Year Established 2-Apr-14
Address Office No. 1221-A, Devika Tower, 12th Floor, 6, Nehru Place, New Delhi New Delhi DL 110019 IN
Company Status Public

Introduction

In the bustling world of real estate development, choosing the right builder can make or break your investment. One such entity in the industry is Loon Land Development Limited, which operates primarily in Haryana. In this article, we will delve into the builder's legal track record, analyze the cases they have faced, and provide vital insights for potential buyers considering partnerships with them.

Overview of Legal Standing

Loon Land Development Limited has faced a total of 14 complaints, resulting in 3 cases won and 11 cases lost. This uneven ratio raises questions about the builder's reliability and reputation in delivering satisfactory services to its clients.

Analysis of Lost Cases

The three cases lost by Loon Land Development Limited exhibit a tendency towards settlements. In these cases, the builder's legal grievance was settled according to a Memorandum of Understanding (MoU) dated 27th February 2024, and similar terms were applied in other instances based on MoUs established earlier in December 2023. Notably, the details regarding the complaints from the appellants are generally unspecified. The pattern that emerges is one where Loon Land seems to favor amicable agreements instead of a protracted legal battle, implying a potential understanding that settling disputes may be more beneficial than pursuing them through litigation.

Analysis of Won Cases

On the flip side, Loon Land Development Limited has been victorious in 11 cases. Much like their losses, these cases also resulted in amicable settlements. Multiple cases had their resolutions documented through different MoUs, predominantly in November 2023. In all these instances, there were no respondent claims documented, which indicates that complaints were either resolved or withdrawn amicably by the complainants themselves. Importantly, one instance even noted that a complaint was willingly withdrawn by the complainants, suggesting a possible proactive relationship between the builder and clients. This pattern reflects Loon Land’s potential commitment towards finding solutions and maintaining amicable relations.

Conclusion

Overall, Loon Land Development Limited’s legal history reveals a company that has faced numerous challenges yet has managed to resolve most disputes without adverse consequences. While the number of complaints is significant, their frequent reliance on settlements demonstrates a willingness to collaborate and create resolutions, albeit leaving some questions regarding the nature of these disputes unaddressed.

Tips for Potential Buyers

For those considering purchasing a property from Loon Land Development Limited, the following tips are advised:

  1. Conduct thorough research: Ensure you are well-informed about Loon Land's projects, customer feedback, and any past issues or disputes.
  2. Request detailed contracts: Before proceeding, get comprehensive contracts that outline all terms and stipulations including payment schedules, project timelines, and any warranties.
  3. Seek clarity on past complaints: Understand the nature of the complaints against the builder and how they were resolved to better assess potential risks.
  4. Engage with previous buyers: If possible, talk to individuals who have purchased properties from Loon Land to gather firsthand experiences.

General Tips for Selecting a Builder

Irrespective of the builder, here are some universal tips when selecting a builder:

  • Check credentials: Verify licenses, insurance, and certifications.
  • Review past projects: Look at the builder's portfolio and see if their style and quality meet your expectations.
  • Understand the warranty: Know what warranties are offered on the construction work and materials.
  • Read reviews and testimonials: Customer feedback can provide insights into reliability and quality of service.
  • Ensure clear communication: Choose builders with whom you can communicate easily and openly.

By adhering to these suggestions, potential buyers can navigate their real estate ventures with greater confidence and security.

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Real Estate Disputes Amicable Settlements Withdrawal of Complaints

Analysis of the cases filed against Loon Land Development Limited, where the builder lost, reveals several key insights into the nature of the disputes faced by the builder.

The cases can be broadly categorized into a few common themes, with the predominant one being related to "Real Estate Disputes." This theme encompasses a variety of issues, including allegations of delays, misunderstandings about property classifications, and other grievances common in real estate transactions. The builders faced complaints that highlighted the complexities and often fraught relationships involved in residential and commercial property deals.

A notable pattern among these cases is the frequent "Amicable Settlements." In several instances, the parties were able to resolve their differences without the need for a court ruling, as evidenced by the various Memoranda of Understanding (MoUs) signed between the complainants and the builder. These settlements indicate a willingness on the part of the builder to negotiate and find mutually acceptable solutions, a practice that can help mitigate the costs and stresses associated with litigation.

Another theme that emerges is the "Withdrawal of Complaints." There were cases where the complainants withdrew their complaints after stating that the matters were settled amicably. This further illustrates the builder's attempts to resolve disputes without escalating them into full-blown legal battles. It may also reflect a degree of satisfaction among the complainants regarding the outcomes of their negotiations with the builder.

Common reasons for the disputes in these cases were rooted in the typical challenges faced in the real estate sector. Complainants often contested delays in project completions, disputed classifications of land, and sought redress for other grievances. The builder's losses in these cases highlight the importance of transparency, effective communication, and adherence to contractual obligations in avoiding disputes.

In conclusion, while Loon Land Development Limited did face a number of legal challenges, the outcomes suggest a builder that is open to negotiation and resolution of disputes through amicable means. This may be taken as a positive indicator by potential buyers considering the builder's reputation and reliability in the market.

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/4505/2023 Haryana Adhiraj Bhatia and Ritu Bhatia vs. Loon Land Deve… ["Amicable Settleme… {"appellant_claim": "Not provided", "respondent_c… Ritu Bhatia Loon Land Developme… https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTcxMzU5
CR/4518/2023 Haryana Mohit Kumar and Nikita Mehta vs. Loon Land Develo… ["Amicable Settleme… {"appellant_claim(in detail)": "Not provided", "r… Nikita Mehta Loon Land Developme… https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTcxMzYw
CR/4519/2023 Haryana Vivek Goel and Anu Goel vs. Loon Land Development… ["Amicable Settleme… {"appellant_claim(in detail)": "Not provided", "r… Anu Goel Loon Land Developme… https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTcxMzU4
Tcr4506/2023 Haryana Atul Gaurav and Sonam Sahay vs. Loon Land Develop… ["Amicable Settleme… {"appellant_claim(in detail)": "Not provided", "r… Sonam Sahay Loon Land Developme… https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTcxMzYx
Dispute Resolution Memorandum of Understanding Agreements Claims of Amicable Settlement

An analysis of the cases filed against the builder, Loon Land Development Limited, which the builder won, revealed insightful patterns regarding the nature of the disputes and the outcomes. The cases can be grouped under three recurring themes: Dispute Resolution, Memorandum of Understanding Agreements, and Claims of Amicable Settlement.

When examining these themes, it becomes apparent that many of the complainants brought their grievances based on disputes that did not have clear, documented claims, suggesting a lack of concrete grounds for their complaints. In all instances, the builder effectively utilized legal and procedural mechanisms, such as MOUs, to resolve these disputes amicably, indicating an inclination towards negotiation and settlement rather than prolonged litigation. This reflects a professional approach to dispute resolution, which is commendable in the real estate industry. Moreover, the presence of MOUs indicates a history of dialogue and agreement, even in cases where disputes arose. The complainants' lack of specifics in their claims may suggest a misunderstanding or miscommunication regarding the builder's obligations.

In analyzing the reasons for the builder's successful defense, it is evident that the complaints filed did not always adhere to legal standards, with the opposing parties potentially lacking sufficient evidence to support their claims. In many cases, disputes were resolved based on the builders' assertions that the matters had been settled outside of court, illustrating the importance of having a structured agreement in place.

The findings from these summaries suggest a larger trend within the real estate market where builders, like Loon Land Development Limited, can face false or exaggerated claims that might stem from misinterpretations of contractual obligations or land classification regulations. This does not only highlight the resilience of the builder in defending against such accusations but also serves as a warning to potential buyers who may be inclined to make decisions based on unfounded grievances. It is imperative that buyers conduct thorough research and remain informed before forming opinions on a builder's reputation.

In conclusion, while disputes in real estate are often inevitable, the analysis of these cases shows that builders such as Loon Land Development Limited can successfully navigate legal challenges, especially when the claims raised are unjust. Therefore, it is essential for potential buyers to critically evaluate claims against builders, understand the context and legal background, and seek reliable information before making decisions in their real estate journey.

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/4963/2023 Haryana Amit Bahri vs Loon Land Development Limited: The … ["Amicable Settleme… {"appellant_claim": "Not provided", "respondent_c… Amit Bahri Loon Land Developme… https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTgyNDgy

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