Introduction

When considering purchasing property, potential buyers often seek information on builders to make informed decisions. SPACE REALCON INDIA PRIVATE LIMITED, operating primarily in Madhya Pradesh, is one such builder that has generated some concern among its customers. This blog post will provide a thorough analysis of the builder based on the available legal case data, customer complaints, and overall performance in the market.

Overview of Legal Cases

SPACE REALCON India Private Limited is facing a troubling pattern when it comes to legal disputes. With two recorded cases against them, the builder has unfortunately lost all these cases, implying significant issues in their operations and customer relations. Notably, there were two complaints in total, and in both instances, the builder failed to defend their actions adequately.

Details of the Legal Cases

Both cases against SPACE REALCON share similar characteristics:

1. Appellant's Claim: The applicants asserted that they had made full payment for plots but were denied possession despite several requests.
2. Respondent's Claim: The builder contended that the full payments were not received from the applicants.
3. Final Verdict: In both instances, authorities ruled in favor of the appellants, ordering the builder to provide possession of the plots along with 6% annual interest and compensation of ₹20,000 for mental distress.

Patterns and Observations

Cases Lost

• Lack of Documentation: A recurring theme in the cases lost is the dispute over payment claims. The builder consistently contended that payments were incomplete, yet the ruling favored the buyers, indicating possible inadequacies in record-keeping or communication regarding payment status.
• Delay in Possession: The common grievance among the claims was the inability of the builder to provide possession of the purchased plots, even after payments were made. Delays like these can significantly frustrate buyers and erode trust.

Cases Won

Currently, SPACE REALCON does not have any successful outcomes in their legal challenges. The complete lack of cases won raises red flags about the builder's operational integrity and reliability in fulfilling contractual obligations.

Conclusion

Given the evidence of legal disputes and the number of complaints lodged against SPACE REALCON, potential buyers should approach this builder with caution. The outcomes of the cases reflect poor customer service and inadequate follow-through on promises, particularly concerning plot possession.

Tips for Potential Buyers

• Conduct Thorough Research: Investigate the builder's track record, reading reviews and checking past project completions.
• Demand Clear Documentation: Ensure you have a clear record of all transactions and payments made, including receipts and agreements.
• Consult Legal Experts: If considering a purchase, it could be wise to speak with a legal professional regarding the implications of entering a contract with SPACE REALCON.

General Tips for Selecting Any Builder

• Look for Transparency: A reputable builder will provide clear information regarding payment schedules, project timelines, and any potential risks.
• Check for Regulatory Compliance: Ensure the builder adheres to legal requirements and standards within the industry, as this speaks to their professionalism and reliability.
• Seek References: Talk to previous clients to gauge their experiences and satisfaction with the builder’s work.

In summary, while SPACE REALCON INDIA PRIVATE LIMITED operates in Madhya Pradesh, the ongoing legal troubles and customer complaints are concerning. Potential buyers should tread carefully, armed with information and supported by thorough research before making any commitments.