TIME AND SPACE ENGINEERING CONSTRUCTIONS PRIVATE LIMITED

Introduction

In the real estate sector, the reputation of a builder plays a crucial role in determining buyer confidence and investment decisions. Today, we delve into Time and Space Engineering Constructions Private Limited, a builder primarily operating in Karnataka. We will analyze the builder’s legal history, particularly focusing on their complaints and cases, to provide insights for potential buyers.

Overview of the Builder

Name: Time and Space Engineering Constructions Private Limited
States with Projects: Karnataka
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1

Legal Case Details

The builder has been involved in legal proceedings where the following case was highlighted:

• Appellant Claim: The complainant sought a refund of the amount paid, along with interest, for a flat that was not delivered by the builder.
• Respondent Claim: The builder argued that the project was completed, an occupancy certificate was obtained, and the complainant failed to pay the balance of the sale consideration and additional costs.
• Final Verdict: The authority favored the complainant, ordering the builder to provide a refund along with interest.

Analysis of Legal Cases

Patterns in Lost Cases

The single case lost by Time and Space Engineering Constructions revealed a notable trend: incomplete deliveries and unresolved financial transactions. The complaint stemmed from a failure to hand over a flat, which indicates potential issues with project completion and financial accountability. This reflects a critical aspect for potential buyers to consider—the builder's competence in delivering promised properties within the agreed timelines.

Patterns in Won Cases

Interestingly, according to the provided data, the builder has not won any cases. This suggests potential systemic issues that could be reflected in their business practices. The absence of won cases might imply difficulties in successfully defending their actions or claims against dissatisfied clients, raising concerns about their operational integrity.

Conclusion

Based on the available data, Time and Space Engineering Constructions Private Limited presents a mixed signal. With one recorded complaint leading to a loss for the builder, prospective clients should approach with caution. While they operate in the Karnataka region, the failure to resolve grievances amicably reflects a need for vigilance among potential buyers.

Tips for Potential Buyers

1. Research Thoroughly: Before making any commitments, ensure a deep understanding of the builder's legal history and case outcomes.
2. Ask for References: Speak to previous buyers about their experiences, particularly regarding project delivery and customer service.
3. Review Project Status: Visit ongoing projects to gauge the builder's commitment to timely completion and quality standards.

General Tips for Selecting a Builder

• Check Reputation: Look for reviews, awards, and certifications. A well-regarded builder tends to have a more reliable track record.
• Understand the Contract: Be clear about payment schedules, project timelines, and escalation clauses in case of disputes.
• Seek Professional Advice: Consider hiring a real estate attorney to help navigate the complexities of property transactions and ensure your rights are secured.

In conclusion, while Time and Space Engineering Constructions operates in Karnataka, their legal track record calls attention to essential considerations for prospective buyers. Careful evaluation and due diligence will go a long way in ensuring a satisfying home-buying experience.