| CIN | U70109DL2014PLC267465 |
|---|---|
| Year Established | Not Available |
| Address | Office No. 1221-A, Devika Tower, 12th Floor, 6, Nehru Place, New Delhi New Delhi DL 110019 IN |
| Company Status | Public |
Overall Case Outcomes
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 …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
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 …
Individual case details available for subscribers.
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
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' …
Individual case details available for subscribers.
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!