SONI REALTORS PRIVATE LIMITED

Introduction

When it comes to investing in real estate, selecting the right builder can significantly impact your project’s outcome. Today, we will examine Soni Realtors Private Limited, a builder based in Haryana. Our analysis will delve into the builder's legal history, success and failures in court cases, and provide potential homebuyers with essential insights before making a purchasing decision.

Company Overview

Builder Name: Soni Realtors Private Limited
Location: Haryana
Soni Realtors has garnered attention due to its recent legal battles, with a record of handling cases that reveal important information about its practices and reliability in delivering projects.

Legal Case Details

Soni Realtors has faced two legal complaints resulting in unfavorable outcomes for the builder. The details of these cases are as follows:

1. Case 1:
   • Appellant Claim: Seeking refund for delayed possession of plot worth Rs. 19,45,179/-
   • Final Verdict: Order to refund the amount along with interest; show cause notice for unregistered project issued.
2. Case 2:
   • Appellant Claim: Seeking refund for delayed possession of plot worth Rs. 22,52,725/-
   • Final Verdict: Respondent to refund the amount with interest at 18% p.a.

Analysis

Common Patterns in Legal Cases Lost

The cases lost by Soni Realtors primarily revolve around complaints regarding delayed possession of property, leading to significant financial ramifications for the builder. The common factor in these complaints is the customer's request for refunds due to the unreliability of possession timelines, indicating a potential issue with the builder's project management and delivery capabilities.

Common Patterns in Legal Cases Won

Interestingly, the builder achieved a judgment in two cases where they were required to refund the amounts requested by the appellant. However, they did not 'win' in the traditional sense, as these outcomes may be seen as rectifying previous failures rather than winning a lawsuit outright. Furthermore, the respondent's failure to provide a defense in the cases indicates a troubling lack of engagement on the builder's part when faced with legal complaints.

Conclusion

Based on the analysis of Soni Realtors Private Limited, it appears that potential buyers should exercise caution. The builder has lost both legal cases against them, leading to mandatory refunds and interest payments. This track record raises concerns regarding their commitment to timely project completion and customer satisfaction.

Tips for Potential Buyers

1. Research Thoroughly: Always research builders comprehensively to understand their history and customer feedback. Look for reviews or discussions from previous clients.
2. Check Legal History: Investigate any legal issues or complaints filed against the builder. A clean legal history is crucial for peace of mind.
3. Assess Project Timelines: Pay close attention to projected timelines for project completion and possession. Ensure they are realistic and backed by solid contracts.
4. Request Documentation: Always ask for detailed documentation regarding the project, including approvals, permits, and contracts.

General Tips for Selecting a Builder

1. Look for Established Builders: Opt for builders with a proven track record and established reputation in the market.
2. Evaluate Previous Projects: Tour their completed projects to assess quality and timeliness.
3. Review Customer Service: Strong customer service can mitigate issues before they escalate into legal problems.
4. Seek Recommendations: Get referrals from friends, family, or real estate professionals.

In conclusion, while Soni Realtors Private Limited may offer some properties, the concerns highlighted in the legal cases underscore the importance of thorough research and due diligence when selecting a builder for your next investment.