SUPER BELTS COUNTRYWIDE PRIVATE LIMITED

Introduction

When considering a property investment, the reliability of a builder is paramount. In this blog post, we will explore SUPER BELTS COUNTRYWIDE Private Limited, examining their performance based on complaint records, legal outcomes, and project locations, specifically focusing on Haryana.

Overview of Legal Performance

SUPER BELTS COUNTRYWIDE has registered 1 complaint against them, and unfortunately, they have yet to win any cases, having lost the solitary case presented against them. This raises a few red flags for potential buyers.

Details of the Case Lost

Here's a summary of critical details from the legal case that the builder lost:

• Complaint Summary: The complainant accused SUPER BELTS COUNTRYWIDE of failing to deliver possession of the purchased flat within the stipulated time frame of 42 months following the execution of the buyer's agreement.
• Builder’s Defense: The builder countered that the delays were a result of the complainant's failure to make timely payments. They also mentioned that the possession clause was subject to several terms and conditions, which may have contributed to the delays in possession.
• Verdict: Ultimately, the ruling authority directed SUPER BELTS COUNTRYWIDE to compensate the complainant by paying interest at a rate of 10.70% per annum for every month of delay following the possession due date until the possession was either offered or handed over.

Analysis of Patterns

Common Factors in Lost Case

From the lost case details, a notable pattern emerges that suggests issues surrounding delivery timelines often become focal points of disputes between buyers and builders. The builder's claim that delays were based on late payments hints at potential financial management or customer-service issues that could impact timelines.

Common Factors in Won Cases

The builder has not won any cases to date, indicating a troubling trend where they are unable to effectively defend against allegations concerning contract fulfillment and possession delays. This lack of successful defenses may convey risks for potential buyers considering an investment with SUPER BELTS COUNTRYWIDE.

Overall Assessment

In summary, SUPER BELTS COUNTRYWIDE’s performance record raises valid concerns for prospective buyers. The fact that they have a complaint and have lost the only case filed against them suggests potential risks in meeting project timelines and honoring contract agreements.

Tips for Potential Buyers

• Thorough Research: Ensure to conduct comprehensive research regarding any builder you consider. Look for customer reviews, past complaints, and legal issues.
• Verify Documentation: Before purchasing, ensure all legal documents comply with local real estate laws and regulations to protect your investment.
• Understand Terms: Be clear about the terms regarding possession timelines and payments to avoid future disputes.
• Seek Legal Help: When in doubt, consult a real estate attorney before making any commitments with a builder.

General Tips for Selecting a Builder

1. Check Track Record: Look for builders with a strong track record and minimal complaints.
2. Analyze Completed Projects: Visit completed projects to assess quality and craftsmanship.
3. Assess Financial Stability: Consider the builder’s financial stability to ensure they can complete your project.
4. Engagement Level: Choose builders who are responsive and willing to communicate transparently about the project's progress.

Conclusion

As with any major investment, being informed and vigilant can help you navigate the complexities of purchasing property. While SUPER BELTS COUNTRYWIDE has the potential to deliver quality projects, potential buyers should proceed with caution, taking into account the existing complaints and legal challenges faced by the company.