CIN | Not Available |
---|---|
Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
When considering a property investment, due diligence is crucial. In this post, we examine Surya Divine Homes Private Limited, a builder operating in Delhi, to understand their legal standing and how previous cases influence potential buyers.
Surya Divine Homes Private Limited has recently made headlines due to its legal battles. With one recorded complaint against them, it's essential to explore the details of the case to ensure potential buyers understand the associated risks.
The single case filed against Surya Divine Homes was quite revealing:
Assessing the current standing of Surya Divine Homes Private Limited indicates a challenging landscape for potential buyers. The single lost case raises red flags regarding their customer relations and fulfillment of contractual obligations.
Ultimately, staying informed and cautious can safeguard your investments. While Surya Divine Homes Private Limited operates within the Delhi arena, potential buyers should proceed with transparency and due diligence.
Yearly Trend for these Cases
Analysis of the cases filed against Surya Divine Homes Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around two main topics: refund claims and land purchase disputes.
The first type of case involves claims made by buyers seeking refunds based on payments they made towards flats. For instance, in one significant case, a complainant sought a refund of Rs. 9,06,012 paid for a 2BHK flat. The builder's defense was that the payment was for land purchase, not for the flat itself; however, the Authority ruled in favor of the complainant, ordering the builder to return the payment along with interest.
Common reasons for bringing cases to court include disputes over the nature of payments and the promised delivery of property. Buyers often found themselves contesting the builder’s characterization of their payments, particularly when the builder claimed that payments were for land rather than for completed units. This highlights a significant area of mistrust in the builder's transparency and communication regarding property sales.
The builder faced losses due to several recurring factors across these cases. Notably, the builder's defense often hinged on distinctions between land purchases and flat sales that were not recognized by the Authority. This indicates a potential systematic issue in how the builder classified and sold properties, which could stem from insufficient understanding of regulatory requirements or willful misrepresentation.
In conclusion, the cases against Surya Divine Homes Private Limited underline the importance of clarity and compliance in real estate transactions. Buyers should be cautious and ensure that their payments are clearly tied to specific properties, and that they understand the builder's obligations regarding timely delivery and transparency in sales practices.
No reviews for this builder yet. Be the first one to share your thoughts!