| CIN | U70200UP2010PTC099023 |
|---|---|
| Year Established | Not Available |
| Address | GH-01/C SECTOR - 168 , NOIDA, Uttar Pradesh, India - 201305 |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the competitive landscape of real estate, it is crucial for potential buyers to conduct thorough research about builders before making significant investments. In this blog post, we will explore Sunworld Residency Private Limited, a builder operating primarily in Uttar Pradesh. We will analyze their legal history, identify patterns in their cases, and provide valuable insights for prospective buyers.
Builder Overview
Sunworld Residency Private Limited operates in Uttar Pradesh and has come under legal scrutiny. With a total of two complaints registered against them, the builder has faced challenges that have resulted in unfavorable outcomes.
Legal Case Analysis
Cases Lost
Sunworld Residency Private Limited has lost two cases, with both cases revolving around a buy-back scheme. The appellants claimed refunds of Rs. 12,96,071/- citing the buy-back agreement. In these instances, it appears that the primary issue was the builder's refusal to refund the amount paid by the appellants, which …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Sunworld Residency Private Limited, where the builder lost, revealed several key points across the disputes raised by the appellants.
The primary theme in these cases revolves around "Refund Disputes over Buy-Back Schemes." The appellants consistently claimed that they were entitled to refunds along with interest as per the buy-back scheme they had opted for. In each case, the builder contested this, arguing that the appellants were not entitled to such refunds. However, the Tribunal ruled in favor of the appellants, indicating a legal shortfall on the builder's part in adhering to the agreed-upon buy-back terms.
A common reason for these legal disputes was the builder's failure to honor agreements made during the sale of apartments. The appellants were motivated to take legal action due to the builder's refusal to provide timely refunds as mandated by the buy-back scheme. This pattern highlights a …
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