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Overall Case Outcomes
In the competitive landscape of real estate, the track record of a builder plays a significant role in attracting potential buyers. Today, we examine Satellite Bailey Infa & Real Estate Private Limited, a builder operating in Madhya Pradesh, to understand their performance based on legal disputes and complaints.
In summary, while Satellite Bailey Infa & Real Estate Private Limited has completed projects, potential buyers should carefully evaluate the builder’s track record and ensure all agreements are strictly adhered to.
Yearly Trend for these Cases
Analysis of the cases filed against Satellite Bailey Infa & Real Estate Private Limited, where the builder lost, revealed several key themes and patterns. The cases primarily revolved around three common topics: delayed possession claims, failure to execute sale deeds, and project completion disputes.
Many of the claims made by the applicants centered around the builder's inability to provide timely possession of residential plots. In one notable case, the applicant highlighted that despite paying the full consideration amount, the builder had failed to execute a registered sale deed for seven residential plots, alongside a significant delay in possession. This indicates a systemic issue where buyers faced not just delays in getting their properties but also a lack of formal documentation, which raises concerns about security of ownership.
The builder's defense often revolved around claims of completed projects and a lack of communication from buyers regarding their readiness for sale deed executions. However, the underlying reason for the builder’s losses in these cases appears to stem from a failure to meet contractual obligations, particularly concerning timely possession and documentation.
A pattern emerges where applicants commonly brought cases to court due to the builder's failure to adhere to agreed-upon timelines and requirements. The authority's verdicts consistently mandated the builder to fulfill their obligations within specified timelines, highlighting the legal expectation for builders to deliver on their promises.
In conclusion, the analysis shows that Satellite Bailey Infa & Real Estate Private Limited faced legal challenges primarily due to delays in delivering property and inadequate paperwork. Buyers should be acutely aware of these issues and consider them when making purchasing decisions. It is crucial for buyers to demand transparency, ensure proper documentation, and establish clear communication with builders to mitigate risks in real estate transactions.
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