SURBHI REALBUILD PRIVATE LIMITED

Introduction

When navigating the real estate landscape, it's essential to have comprehensive information about builders. Surbhi Realbuild Private Limited, while operating in Haryana, has recently come under the scrutiny of the legal system, highlighting some significant buyer concerns. In this post, we delve into the builder's performance, legal issues, and what potential buyers should keep in mind when considering this company for their property investments.

Overview of Legal Complaints

Surbhi Realbuild Private Limited has one formal complaint registered against it. Notably, the builder lost this case, suggesting some serious concerns about their business practices. A detailed examination reveals that the complaint involved a transaction worth Rs. 79,00,112/- for a shop that the builder allegedly failed to deliver within the promised timeframe. This incident raises alarm bells for prospective buyers regarding the timeliness and reliability of possession delivery from the builder.

Analysis of Legal Cases

Cases Lost

In the single case lost by Surbhi Realbuild Private Limited, the complainant emphasized the failure to deliver the promised property within the agreed period and sought a substantial refund along with interest. The ruling favored the complainant, showcasing the authority's recognition of the builder's shortcomings in fulfilling contractual obligations.

Cases Won

On the contrary, the builder did not win any cases; instead, the contested case was decided against them. This paints a rather concerning picture for buyers, as it suggests that even when defending their actions, Surbhi Realbuild Private Limited has not succeeded in court.

Conclusion

Based on the information provided, Surbhi Realbuild Private Limited presents a mixed, if not worrying, picture. With a record of one lost case and none won, potential buyers need to exercise caution. The builder's inability to deliver on the promised outcomes in their agreements raises significant concerns about their operational integrity.

Tips for Potential Buyers

• Conduct Thorough Research: Before engaging with Surbhi Realbuild or any builder, investigate their past projects, client testimonials, and legal history to ensure they have a good track record.
• Review Contracts Carefully: Always read contracts in detail, paying particular attention to delivery timelines and refund policies.
• Seek Legal Advice: Consult a real estate lawyer to understand your rights and obligations clearly, especially in high-value transactions.
• Visit Completed Projects: If possible, visit completed projects to get a firsthand look at the builder's quality and adherence to timelines.

General Tips for Selecting a Builder

• Check Credentials: Ensure that the builder is properly licensed and has a good reputation in the market.
• Investigate Financial Stability: Look into the financial health of the builder to ascertain whether they can complete your project efficiently.
• Ask for References: Request references from previous clients to better understand the builder's work ethic and reliability.
• Understand Your Rights: Familiarize yourself with local real estate laws and your rights as a buyer to protect yourself in the event of disputes.

In summary, while Surbhi Realbuild Private Limited may have potential, caution is advised given the current legal standing and the history of the single case that has been publicly contested. Potential buyers should ensure they arm themselves with all necessary information and take proactive steps to safeguard their investments.

Analysis of the cases filed against Surbhi Realbuild Private Limited, where the builder lost, reveals several key themes and key patterns in the disputes faced by the builder. The cases highlight key aspects that potential buyers should consider before making any deals with this builder.

The primary disputes can be categorized into three main topics: Delayed Possession Claims, Financial Assistance vs. Sale Disputes, and Authenticity of Agreements.

In the case of Delayed Possession Claims, the complainant paid a significant amount of Rs. 79,00,112/- for a shop in a project developed by the builder's associated company, M City Infrastructure Pvt Ltd. The builder failed to deliver possession of the shop on the agreed-upon date, which led the complainant to seek a refund. This highlights a serious concern for buyers regarding the builder's reliability in adhering to timelines and contractual obligations.

The Financial Assistance vs. Sale Disputes theme emerges from the builder's defense, where they claimed that the amount paid by the complainant was not for the sale of a shop but was instead financial assistance. This indicates a troubling lack of clarity in the builder's transactions and agreements, which could lead to confusion and disputes down the line.

Additionally, the Authenticity of Agreements theme arises from the builder's allegation that the agreement relied upon by the complainant was forged and fabricated. While this may or may not be true, it emphasizes the importance of ensuring that all agreements with the builder are genuine and legally binding, leaving no room for misinterpretation.

Common reasons for bringing cases to court include contesting delays in possession, disputing the nature of financial transactions, and questioning the authenticity of agreements. People may feel compelled to take legal action when they feel that the builder has failed to meet significant contractual obligations or when there is a lack of transparency in dealings.

The builder lost these cases primarily due to insufficient evidence to support their claims. In the highlighted case, the authority found in favor of the complainant, indicating that the builder's defense was inadequate. This may suggest broader issues with the builder's legal compliance, evidence-keeping practices, or adherence to regulatory requirements.

In conclusion, potential buyers should approach Surbhi Realbuild Private Limited with caution. It is crucial to thoroughly investigate the builder's reputation, ensure clarity in all financial transactions and agreements, and be aware of their history with legal disputes before making any purchases. Understanding these factors can help buyers make informed decisions and potentially avoid legal hassles later on.