CIN | U65191TN1986PLC012946 |
---|---|
Year Established | Not Available |
Address | STRELING POIONT ,NO.124, G.N. CHETTY ROAD, T.NAGAR, CHENNAI-600 017. , TAMILNADU, Tamil Nadu, India - 600017 |
Company Status | Public |
Overall Case Outcomes
When selecting a builder for your property, it's essential to dissect their track record, evaluate their performance in legal matters, and consider feedback from previous customers. Sterling Estates and Properties Limited, operational in Tamil Nadu, offers insight into the builder's reliability and responsiveness through their legal engagements and complaint history.
Sterling Estates and Properties Limited has encountered a total of 2 complaints, which could raise concerns for potential buyers. However, delving deeper into the legal cases reveals a mixed outcome:
From the analysis of these legal cases, two significant patterns emerge:
In conclusion, Sterling Estates and Properties Limited showcases a varied response to customer complaints and legal challenges. While they have successfully defended themselves in disputes related to payment, compliance issues seem to linger in their operational protocols. Potential buyers should take the following recommendations into account:
By keeping these considerations at the forefront, buyers can better safeguard their investment and improve their experience with builders like Sterling Estates and Properties Limited.
Yearly Trend for these Cases
Analysis of the cases filed against Sterling Estates and Properties Limited, where the builder lost, reveals several key themes and patterns. The disputes primarily center around two main topics: delayed possession claims and disputes over sale consideration and amenities.
The cases often involve claims from the complainants that the builder failed to complete construction on time or did not register their share of the property as promised. In response, the builder typically counters with claims of non-payment for the balance of the sale consideration or for additional amenities provided. This indicates a systemic issue where communication about payment expectations and project timelines may not be clearly understood by both parties.
Common reasons for litigation in these cases include contesting the balance payment, disputing delays in the construction, and disagreements about what was included in the original sale agreement. A pattern emerges where the builder’s litigation often stems from an attempt to defend against perceived non-fulfillment of payment obligations, rather than addressing the grievances related to delay or non-completion of projects.
The builder's losses in these cases can be attributed to several factors. Notably, the decisions often highlight the builder's failure to adhere to the agreed-upon timelines and specifications laid out in the sale agreement. Additionally, there may be instances where the builder did not meet regulatory requirements or fulfill their commitments regarding property registration and handover. The verdicts suggest that the builder’s defenses were not supported by sufficient evidence to override the complaints made by the other parties involved. Overall, this underscores the importance for builders to ensure transparency, meet project timelines, and fulfill their obligations to avoid legal disputes.
Yearly Trend for these Cases
An analysis of the cases filed against the builder, Sterling Estates and Properties Limited, which the builder won, revealed the following information. These cases primarily fell under three common themes: Compliance Disputes, Project Execution Claims, and Legal and Regulatory Challenges.
The reasons why these cases were brought to court primarily revolved around contesting penalties, asserting delays in project delivery, or disputing land classification rules. A common pattern emerged indicating that buyers, regulatory bodies, or other entities sometimes filed complaints due to misunderstandings or misinterpretations of obligations under real estate agreements.
The common reasons the builder won these cases were illuminating. Sterling Estates and Properties Limited successfully defended itself against claims by presenting convincing evidence of compliance, addressing allegations of legal non-conformance, and highlighting the nuances in land ownership or project execution. In several instances, the opposing parties failed to establish sufficient evidence or did not adhere to legal standards in filing their complaints, underscoring a robust defense mechanism employed by the builder.
This analysis not only speaks to the builder’s reputation but also reflects broader trends in the real estate market. Buyers can sometimes make unfounded accusations or misinterpret builders’ responsibilities, which can lead to unnecessary legal entanglements. This suggests that Sterling Estates and Properties Limited has a strong track record of defending itself against unjust claims, indicating a potentially stable and reliable choice for prospective buyers.
In conclusion, potential buyers should prioritize informed decision-making when navigating the real estate market. While there are legitimate disputes that arise, the insights gained from analyzing these cases illustrate that builders like Sterling Estates and Properties Limited often emerge victorious against unwarranted claims. It is crucial for buyers to approach allegations and rumors skeptically, seeking verified information before drawing conclusions about a builder's credibility.
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