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TIDCO

3.8/5 (1 case analyzed)
  • States Active In: Haryana
CINNot Available
Year EstablishedNot Available
AddressNot Available
Company StatusNot Available

Overall Case Outcomes

Introduction

When it comes to investing in real estate, selecting the right builder is crucial for ensuring a smooth journey to homeownership. One such builder you may encounter is TIDCO, known for their projects in Haryana. However, their legal history raises some questions that prospective buyers should consider.

Builder Overview

TIDCO operates primarily in Haryana and has a limited track record when it comes to legal disputes. Based on the available data, TIDCO has a total of 1 complaint filed against them, which resulted in 0 cases won and 1 case lost. This record warrants an in-depth examination of their legal issues for better understanding.

Legal Case Insights

Case Lost: TIDCO was involved in a notable legal case with the BSF Welfare Society. The situation revolved around the members investing their life savings in a project that has been delayed for over 7-8 years, as they awaited the delivery …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Delayed Possession Claims Project Completion Disputes Financial Difficulties and Liquidation

Analysis of the cases filed against the builder TIDCO, which it lost, reveals several key themes across the disputes. The cases primarily revolve around delayed possession claims, project completion disputes, and the builder's financial difficulties, including liquidation proceedings.

The delayed possession claims are highlighted by the case brought by the BSF Welfare Society, where members reported waiting 7-8 years for the delivery of their apartments. This indicates a significant pattern in which customers express frustration and loss of trust due to considerable delays in project completion. Such delays often result in legal action as buyers seek recourse for what they perceive as a failure to uphold contractual obligations.

Project completion disputes often overlap with delayed possession claims, as evidenced by the same case where the builder's inability to complete the project due to financial constraints led to the Authority ordering the project's handover to the BSF Welfare Association for completion. …

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