PAN REALTORS PRIVATE LIMITED

Introduction

When investing in real estate, especially with builders, it's essential to assess their track record and reliability. In this blog post, we take an in-depth look at PAN REALTORS Private Limited based on their legal history and project locations to provide potential buyers with a comprehensive overview.

Overview of PAN REALTORS Private Limited

PAN REALTORS Private Limited is operational in the state of Uttar Pradesh and has been involved in several legal cases, all of which they have lost. According to available data, the builder has faced five lawsuits, resulting in unfavorable outcomes for them in each instance. This information suggests that potential buyers should proceed with caution when considering this builder.

Legal Case Analysis

Cases Lost

All five cases filed by PAN REALTORS have ended in losses, highlighting certain recurring issues:

• Delay in Appeals: In each case, the builder argued that their delays in filing appeals were justified due to complexities or the need for further investigation. However, these claims were not upheld by the courts.
• Insufficient Justification: The respondents in each case effectively countered the builder’s claims, emphasizing that PAN REALTORS did not provide convincing reasons to justify the delays. The courts consistently dismissed the appeals, indicating a pattern of inadequate reasoning from the builder.
• Dismissals for Lack of Cause: A notable trend in all cases was the courts’ consistent dismissal of appeals for lack of sufficient cause. This suggests that the builder may not have adequately prepared or substantiated their claims during the legal process.

Summary of Legal Standing

The legal history of PAN REALTORS Private Limited paints a concerning picture. With zero wins and five losses, potential buyers should be wary of engaging with this builder, as their inability to successfully navigate legal challenges raises questions about their operational practices and reliability.

Conclusion

In summary, PAN REALTORS Private Limited shows a troubling legal standing with no victories in their court cases. This indicates potential reliability issues that could impact future projects and buyer satisfaction.

Tips for Potential Buyers

1. Conduct Thorough Research: Before considering a purchase, research the builder's history, focusing on previous projects, customer satisfaction, and any legal disputes.
2. Seek Professional Advice: Consulting with real estate professionals who can provide insights about the builder and the legal implications of purchasing a property from them is crucial.
3. Verify Documentation: Ensure all documentation, including permissions, timelines, and project details, are clear and legally sound before proceeding with any transactions.

General Tips for Choosing a Builder

• Look for Reviews and Ratings: Customer reviews can provide valuable insights into a builder's reputation and reliability.
• Check Legal Compliance: Ensure that the builder adheres to local laws and regulations, as this can affect your investment.
• Request References: Ask for references from previous buyers to gauge their experiences with the builder.

By understanding the implications of PAN REALTORS’ legal history and employing the tips provided, potential buyers will be better equipped to make informed decisions.

The analysis of the cases filed by PAN REALTORS Private Limited, which resulted in losses for the builder, reveals several critical insights into their operational challenges and legal disputes. Across the five cases summarized, there are noticeable patterns in themes and recurring issues that shed light on the potential pitfalls of the builder's practices.

1. Delay in Filing Appeals:

A prominent theme in these cases is the delay in filing appeals, which the builder often attributed to complex factors or the need for further investigation. Despite these claims, the respondent parties consistently argued that the builder failed to demonstrate sufficient cause for the delays, leading to dismissals of the appeals.

2. Sufficient Cause for Condoning Delays:

The recurring assertion of 'sufficient cause' for delays points to a broader issue of how PAN REALTORS Private Limited has managed their operational timelines and legal compliance. The arts of proving such causes are paramount in appeals, and consistently failing to do so not only undermines their case but also raises questions about their project management strategies.

3. Penalties for Project Delays:

The cases indicate a pattern where the builder faced significant challenges regarding penalties due to project delays. Given the external pressures such as client expectations and regulatory frameworks, it appears that the firm has struggled to meet deadlines while effectively communicating the causes of any delays they encounter.

4. Complexity of Cases:

The complexity of the cases further underscores the difficulties faced by PAN REALTORS in navigating legal frameworks. While they cited complexity as a reason for delays in filing, this also suggests that perhaps there was a lack of adequate legal foresight or preparedness in handling these disputes from the outset.

Common triggers for litigation from the builder’s side often involve contesting penalties or disputing delays that they feel were caused by other stakeholders. However, the dismissals point to a troubling trend where the underlying legal arguments may have been poorly constructed or substantiated.

The builder's overall losses in these cases suggest there could be fundamental gaps in their evidence and compliance. Notably, insufficient documentation to support claims, failure to adhere to legal or regulatory guidance, and a lack of clarity in understanding land classification or project timelines hindered their chances of success. These outcomes emphasize the importance of having a robust legal strategy and operational competence to mitigate risks associated with disputes in the real estate sector.