| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
When it comes to investing in real estate, choosing the right builder is crucial. In this post, we take a closer look at Neelkanth Properties, a builder operating in Gujarat, and examine their track record through the lens of legal complaints and outcomes.
An Overview of Neelkanth Properties
Neelkanth Properties is a builder based in Gujarat with a rather limited history in court disputes. The builder has been involved in one formal complaint, which they lost.
Legal Case Breakdown
Neelkanth Properties had one legal case lodged against them. Here’s a summary:
- Appellant Claim: The complainant sought a refund due to non-possession of their unit and compensation for mental anguish and incurred legal expenses.
- Respondent Claim: Neelkanth Properties countered that the complainant had not made appropriate payments and that delays were attributable to the complainant’s actions rather than their own.
- Final Verdict: The adjudicating officer partly upheld the complaint, ordering the builder to refund the amount paid along with interest, as well as compensation for the complainant's mental anguish and legal costs.
Patterns from Legal Cases
Cases Lost:
- Non-Possession Claims: The case highlighted a significant reason for complaints - non-possession of units. This suggests that potential buyers might face issues related to timely possession.
- Mental Anguish and Legal Costs: The awarding of compensation for mental anguish indicates the emotional and financial toll such situations can take on buyers, suggesting that clients value their mental well-being and financial security when dealing with builders.
Cases Won:
Despite having only one case, the results indicate a lack of successful outcomes for Neelkanth Properties in court, as they did not win any of the cases against them. This places a spotlight on the builder's credibility and raises concerns about their business practices.Conclusion
Overall, Neelkanth Properties' legal history reflects significant risks for potential buyers. With only one complaint to their name that resulted in a veritable loss, it casts doubts on their reliability as a builder.
Tips for Potential Buyers
- Thorough Research: Always conduct extensive research about a builder’s past projects and any legal issues they might have.
- Assess Communication: Pay attention to how well the builder communicates during the initial stages; transparency can indicate a trustworthy builder.
- Consult Reviews: Look for reviews and feedback from previous clients to better gauge the experiences of others.
General Tips for Selecting a Builder
- Check Credentials: Ensure the builder has the necessary licenses and a good standing in the industry.
- Visit Completed Projects: If possible, visit some of their completed projects to assess construction quality and craftsmanship.
- Read Contracts Carefully: Take time to read through all contracts and agreements before signing; ensure all terms are crystal clear.
In conclusion, potential buyers should weigh their options carefully when considering Neelkanth Properties, paying attention to the implications of the builder's limited but impactful legal history.
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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 Neelkanth Properties, where the builder lost, reveals several key themes and patterns. The disputes primarily center around three topics: delayed possession claims, disputes over payment and construction completion, and compensation for mental anguish and legal expenses.
Many of the cases involve claims from buyers who were unable to receive possession of their units on time, leading to significant emotional distress and financial burdens. Buyers often sought refunds for amounts paid, as well as compensation for the mental anguish and legal expenses incurred while navigating these disputes. The builder's common defense was to blame the delay on the buyers themselves, claiming that they had not made proper payments, which allegedly halted construction. However, the legal verdicts did not uphold this defense, suggesting that the builder's reasoning was insufficient or not rooted in evidence.
A pattern emerges where buyers frequently contested the builder's attributions of fault and sought to recover their investments due to the builder’s failure to deliver on promises. This points to a significant trust violation in the builder-buyer relationship, which is a critical factor in real estate transactions.
The builder lost these cases primarily due to a lack of convincing evidence supporting their claims of buyer fault. Additionally, the builder's failure to address the underlying issues of delayed possession and unfulfilled commitments likely contributed to the legal outcomes. The verdicts highlight the importance of adhering to agreed-upon timelines and payment schedules in real estate projects, as well as ensuring open communication and transparency between builders and buyers.
Overall, this analysis underscores the importance for potential buyers to exercise caution when engaging with builders that have unresolved legal disputes. It is crucial to assess not only the builder's current projects but also their historical performance and legal standing before making any investment.
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 |
|---|---|---|---|---|---|---|---|
| 1010/00179/1t1121/1… | Gujarat | The complainant sought refund for non-possession … | ["Non-possession of… | {"appellant_claim": "The complainant claimed refu… | Qu. Solanki Surgla … | Neelkanth Properties | https://drive.google.com/uc?id=1FMuvHFbDU6mORrvrGv5uf33bpujNOP1e |