TEAM TAURUS REALTY & INFRASTRUCTURE PRIVATE LIMITED

Introduction

In the ever-evolving real estate market, choosing the right builder is crucial for ensuring a seamless home-buying experience. Team Taurus Realty & Infrastructure Private Limited, primarily active in West Bengal, presents a dossier that potential buyers must scrutinize. This blog will explore their track record, legal challenges, and provide essential insights for prospective homeowners.

Legal Case Portfolio

Team Taurus Realty & Infrastructure has faced a total of 4 complaints, all of which resulted in losses for the builder. The builder has not achieved a single win in legal disputes, indicating a concerning trend. Here’s a concise summary of the disputes:

1. Incomplete Works: Complainants reported unfinished work and delays in flat readiness. The builder's arguments about needing 60 more days failed to convince the authorities, who mandated timely completion.
2. Delayed Possession: The builder faced criticism for failing to deliver the flats on time, especially in the 'Pather Panchali' project. Even though there were claims of alternative flats being accepted, this was not enough to prevent a ruling against them.
3. Monetary Claims: In another case, the builder was unable to substantiate their claims regarding a refund and was heavily penalized for their inaction in providing a refund and interest to a dissatisfied customer.
4. Alternatives Proposed: Even in instances where alternative flats were presented as solutions, the authorities still favored the complainants and mandated refunds with interest.

Pattern Analysis

Cases Lost:

The builder's pattern of losing cases reveals several common factors:

• Failure to Deliver: A recurring theme in all claims is the failure to meet delivery timelines, which significantly impacted the complainants.
• Lack of Communication and Transparency: The builder often cited litigation as a reason for delays but did not provide convincing evidence or timely communication to customers.
• Failure to Address Complaints: Despite proposing alternatives or extensions, the builder's responses lacked concrete actions to resolve issues efficiently.

Cases Won:

Interestingly, while the builder has not won any cases, the responses provided during disputes often attempted to offer solutions such as proposing alternative flats or committing to timelines. However, these responses frequently did not meet the complainants' expectations, leading to adverse outcomes for the builder.

Conclusion

Overall, Team Taurus Realty & Infrastructure Private Limited's legal track record raises significant red flags for potential buyers. With zero wins in cases and a consistent failure to deliver promised services, buyers should proceed with caution.

Tips for Potential Buyers

1. Research Thoroughly: Investigate the builder's historical performance and customer feedback.
2. Demand Transparency: Ensure the builder provides clear timelines and detailed project blueprints.
3. Get Everything in Writing: Document all agreements to safeguard against future disputes.
4. Consult Recent Buyers: Engage with individuals who have purchased properties from the builder to gauge their satisfaction levels and experiences.

General Tips for Selecting Any Builder

• Verify Credentials: Always check the builder's registrations and previous project completions.
• Consider Reviews and Ratings: Look for client testimonials and online reviews to gauge overall satisfaction.
• Evaluate Financial Stability: Ensure the builder has a solid financial background to avoid project setbacks.
• Review Legal Standing: Pay attention to any current or past legal issues the builder may face.

By arming themselves with knowledge and caution, potential buyers can navigate the complexities of real estate transactions more effectively.

Analysis of the cases filed against Team Taurus Realty & Infrastructure Private Limited, where the builder lost, revealed significant insights into their litigation patterns. The cases can be broadly categorized into four themes: Delayed Possession Claims, Incomplete Works and Alternative Flats, Refund Disputes, and Penalties for Project Delays.

The majority of the claims revolved around delayed possession of flats. Complainants often cited that their flats were not delivered within the scheduled timeline, leading to dissatisfaction and legal recourse. For instance, in one case, the complainant claimed that the project 'Pather Panchali' had become stalled due to litigations, resulting in an indefinite delay in flat delivery.

Another recurring theme was related to incomplete works and the offer of alternative flats. In multiple instances, the builder suggested inspections of alternative flats due to ongoing litigations in the original projects. However, this solution did not resonate with the complainants, who preferred timely possession of their originally allotted flats.

Refund disputes constituted a major part of the cases, with complainants seeking refunds of the principal amount paid due to the builder’s failure to adhere to timelines. The builder's defense often revolved around claims of not receiving proper payment documentation, which further aggravated the disputes. The authority typically ruled in favor of the complainants, directing the builder to refund the amounts owed, often accompanied by interest and a penalty for the delay.

Penalties for project delays were a common outcome in these cases. The West Bengal Real Estate Regulatory Authority imposed significant penalties on the builder, highlighting the legal expectation for builders to meet project timelines. A notable penalty of Rs. 10,00,000 was imposed in one case, demonstrating the authority's commitment to protecting the interests of home buyers.

The patterns emerging from these summaries indicate that complaints were primarily triggered by the builder's inability to deliver possession of flats on time, combined with inadequate communication and unresolved disputes over alternative flats and refunds. The builder’s repeated losses in litigation point to a systemic issue within their operational framework, possibly related to project management, regulatory compliance, or financial mismanagement.

The underlying reasons for the builder's losses include insufficient evidence to support their claims, failure to complete promised works on time, and a lack of compliance with the rulings from the regulatory authority. The repeated imposition of penalties suggests a degree of negligence in adhering to legal standards and timelines, further fueling buyer dissatisfaction and legal actions.