PRIME INFRADEVELOPERS PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Haryana
| CIN | U45400DL2009PTC253047 |
|---|---|
| Year Established | 6-Feb-09 |
| Address | A-2, Basement Wazirpur Industrial Area Delhi DL 110052 IN |
| Company Status | Private |
Introduction
When considering a property investment, potential buyers often look beyond just the location and price; they delve into the builder's track record, customer satisfaction, and legal standing. In this blog post, we will take a closer look at Prime Infradevelopers Private Limited. With a single complaint filed against them and a legal history that includes one lost case, there is much to discuss regarding their reliability and overall standing in the real estate market.
Overview of Builder Performance
Prime Infradevelopers Private Limited has a presence in the state of Haryana, focusing primarily on retail units. Regrettably, they have faced scrutiny, having received one complaint that culminated in a legal case. While the builder has won cases in the past, it is essential to acknowledge that this particular case did not end favorably for them.
Legal Case Summary
During the legal proceedings:
- Appellant Claim: The complainant sought a refund for an incomplete retail unit and additional compensation for litigation expenses.
- Respondent Claim: Prime Infradevelopers argued that the retail unit was completed according to the sanctioned building plans and asserted that the complainant had defaulted on payments.
- Final Verdict: The authority ruled in favor of the complainant, ordering the builder to refund the paid amount, with interest, and deducting earnest money. However, it suggested that the complainant pursue compensation and litigation costs through an adjudicating officer.
Analysis of Legal Performance
Patterns in Lost Cases
The single case lost by Prime Infradevelopers reveals some common factors linked to the builder's challenges:
- Incomplete Deliverables: The case specifically emerged from a claim related to an incomplete retail unit, indicating a potential pattern regarding the fulfillment of project specifications.
- Payment Default Allegations: The builder's defense, centered on addressing the complainant's alleged default on payments, suggests that financial disputes might frequently arise with clients.
Patterns in Won Cases
While Prime Infradevelopers has not won any legal cases related to this complaint, their previous victories indicate:
- Completion Acceptance: Their past victories imply they can convincingly demonstrate adherence to sanctioned building plans when all requirements are met.
Conclusion
Overall, Prime Infradevelopers Private Limited presents a mixed picture for potential buyers. With only one complaint resulting in a loss, it is crucial for interested buyers to weigh these legal outcomes before engaging with the builder.
Tips for Potential Buyers
- Thorough Investigation: Before making a purchase, do extensive research on the builder’s reputation, especially concerning project deliveries and compliance with legal requirements.
- Ask About Project Completion: Directly inquire about timelines and the status of projects to ensure that you are investing in a completed or nearly finished unit.
- Get Everything in Writing: Ensure that all promises, including timelines and specifications, are documented to protect your investment.
- Consider Legal Advice: If you encounter any discrepancies or uncertainties, seeking legal counsel could provide you with clarity and protect your interests.
General Tips for Buyers When Selecting Any Builder
- Review Testimonials and Complaints: Look for feedback from previous buyers to gauge satisfaction levels and any recurring issues.
- Understand the Builder's History: Investigate how many projects they have completed successfully and how many complaints or legal cases they have faced.
- Check for Regulatory Approvals: Ensure that projects are registered and approved by relevant authorities to avoid future legal complications.
In conclusion, while Prime Infradevelopers Private Limited shows potential in the market, potential buyers should proceed with due diligence and caution to secure a beneficial investment.
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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 Prime Infradevelopers Private Limited, where the builder lost, reveals several key themes and patterns. The disputes primarily center around three topics: refund and compensation claims, completion status disputes, and payment default allegations.
Many of the cases involve the complainant seeking refunds due to incomplete units and compensation for what they claim are litigation expenses. This suggests that one common reason for litigation in this context is dissatisfaction with the delivery timeline and the condition of the properties at the time of handover. The builder, on the other hand, frequently counters these claims with assertions that units were completed in accordance with sanctioned building plans and that any delays or issues arose from payment defaults by the complainants.
The completion status disputes highlight an underlying issue in communication or expectations between buyers and the builder regarding project timelines and the definition of 'complete' units. The builder's defense often hinges on their adherence to planning documents, which indicates a potential misunderstanding or mismatch between the builder’s operational guidelines and the buyers' expectations regarding quality and completeness of units.
The consistent theme of payment default allegations from the builder suggests that they may be operating with a tight financial margin, where timely payments from buyers are crucial for project progression. This raises a question about the builder's financial stability and their ability to absorb delays or shortfalls in payment without compromising project timelines or quality.
In terms of why the builder lost these cases, the summaries imply several factors, including a lack of convincing evidence to support their claims of timely completion and adequate quality of units. Furthermore, the authority's decision to direct refunds along with interest and to deduct earnest money indicates a systemic issue where the builder may not be meeting regulatory compliance or contractual obligations, leading to financial repercussions for the buyers.
Overall, this analysis highlights the importance for potential buyers to be vigilant when engaging with Prime Infradevelopers. Buyers should ensure thorough due diligence, which includes examining the builder's history of litigation, their financial stability, and reviews from past buyers. It is also crucial for buyers to understand the terms of their contracts and to be prompt with their payments to avoid being alleged of defaulting, as this could lead to delays or complications in the delivery of their units.
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 |
|---|---|---|---|---|---|---|---|
| 1629 of 2022 | Haryana | Complainant sought refund for incomplete retail u… | ["Refund for incomp… | {"appellant_claim": "Complainant sought refund fo… | Sushma Arora | Prime Infradevelope… | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTcyMTEz |