CIN | U70102TG2007PTC055262 |
---|---|
Year Established | 27 August 2007 |
Address | 8-2-408, FLAT NO D/1 GROUND FLOOR SRI KRISHNA APARTMENTS, ROAD NO 6, BANJA RA HILLS , HYDERABAD, Telangana, India - 500034 |
Company Status | Private |
Trident Properties Private Limited has made its mark in the real estate sector, particularly in Odisha. As with any builder, prospective buyers often consider the builder's track record concerning legal disputes and customer satisfaction. In this blog post, we delve into the builder's history of legal cases, identifying patterns and providing insights for potential buyers.
Trident Properties has faced a total of 9 complaints. Out of these, the builder has won 6 cases and lost 3, reflecting a moderately favorable outcome when it comes to legal disputes. This history can provide insights into the operational integrity and transparency of the builder.
The analysis of the cases lost by Trident Properties reveals several common traits:
Conversely, in the cases the builder won, certain patterns were also evident:
In summary, Trident Properties Private Limited shows a mixed record when it comes to legal disputes, with three losses illustrating areas where potential buyers should exercise caution. However, the builder's successful defenses demonstrate their capability to navigate the legal landscape effectively. Potential buyers should ensure they thoroughly understand their agreements and maintain clear communication with the builder.
By making informed decisions and giving due diligence to your choice of builders, you can ensure a smoother home-buying experience.
No builder reviews yet. Be the first to share your thoughts!
Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Trident Properties Private Limited, where the builder lost, revealed several key themes across the various disputes. The cases can be broadly categorized into three main topics: Non-compliance with Authority Orders, Illegal Formation of Committees, and Penalties for Violations.
Many of the cases highlighted issues related to non-compliance with authority orders, resulting in significant penalties against the builder. For instance, in one case, the authority imposed a penalty of Rs. 4,66,000/- because the builder violated an order passed by the authority. In another case, the builder was penalized Rs. 10,30,000/- for similar violations. These penalties indicate a troubling pattern of disregard for legal directives by the builder, which is a major red flag for potential buyers.
The illegal formation of committees was another significant theme, particularly concerning the Trident Galaxy Apartment Owners' Association. The builder was accused of forming an adhoc committee and electing office bearers in a manner that was contrary to the RERA Act and the Odisha Apartment (Ownership and Management) Act, 2023. The authority ultimately restrained the builder from continuing this process, highlighting the importance of compliance with regulatory frameworks in homeowner associations.
The reasons people commonly brought cases against Trident Properties centre around these violations and non-compliance issues. Homeowners and authorities alike are concerned with ensuring that builders adhere to the rules and fulfill their obligations. The builder’s losses in these cases typically stem from insufficient evidence to support their actions, or outright violations of established laws and regulations.
In conclusion, the cases against Trident Properties Private Limited should raise concerns for any potential buyer considering a purchase from this builder. The repeated penalties and legal restraints indicate a systemic issue with adhering to authority orders and regulatory compliance. Buyers must conduct thorough research and consider these legal troubles when making informed decisions in the real estate market.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
---|---|---|---|---|---|---|---|
Suo Motu Complaint … | Odisha | The case is against M/s. Trident Properties Pvt. … | ["Violation of orde… | {"appellant_claim": "", "respondent_claim": "The … | Trident Properties … | https://rera.odisha.gov.in/wp-content/uploads/2022/10/CC.-No.166.21.pdf | |
Suo Motu Case No. 1… | Odisha | The case was initiated against Trident Properties… | ["Real Estate", "Re… | {"appellant_claim": "The appellant claimed that t… | ORERA | Trident Properties … | https://rera.odisha.gov.in/wp-content/uploads/2022/08/CC.-No.177.21.pdf |
396_of_2023 | Odisha | The complainant, Trident Galaxy Resident Welfare … | ["Formation of adho… | {"appellant_claim": "The complainant alleged that… | Trident Galaxy Resi… | Trident Properties … | https://rera.odisha.gov.in/wp-content/uploads/2024/02/Case-No-396-of-2023.pdf |
Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against Trident Properties Private Limited, where the builder emerged victorious, revealed the following information.
The cases can be broadly categorized into a few recurring themes. One prominent theme is 'Claims of Excess Payment,' where buyers alleged they were charged more than agreed upon, often seeking refunds and additional compensation. Another theme is 'Delayed Possession Claims,' which reflects buyers' concerns regarding the timeliness of receiving their properties, potentially leading to complaints about financial penalties. 'Regulatory Non-compliance' showcases disputes involving builders contesting accusations of failing to adhere to project approvals or regulations. Finally, 'Maintainability of Cases' highlights issues related to the legal grounds upon which these cases were filed, occasionally resulting in dismissals when the court found insufficient basis for the claims.
The reasons these cases were brought to court include contesting penalties for perceived delays, seeking refunds for alleged excess payments, and challenging the builder's compliance with project completion and approval mandates. A noticeable pattern emerged wherein many complaints stemmed from buyer dissatisfaction over financial matters or unclear expectations surrounding project timelines and obligations. Additionally, some cases were dismissed due to procedural issues whereby the claims were not maintainable, often influenced by existing court orders.
Examining the common reasons for the builder's success in these legal disputes indicates that Trident Properties Private Limited effectively defended against lack of sufficient evidence from the complainants, highlighting gaps in claims and sometimes disproving unfounded allegations. Instances of misunderstandings regarding project terms or paperwork also played a role in the outcomes, as did the recognition of pre-existing resolutions between disputing parties. This underscores the builder's capability to navigate legal challenges, countering claims that may have been exaggerated or unfounded.
What does this analysis tell us about the builder’s reputation and the broader real estate market? It sheds light on the reality that while there are certainly valid disputes within the industry, builders like Trident Properties Private Limited often possess the tools to defend against unjust claims. This divergence emphasizes that buyers, in their frustration or confusion, can sometimes resort to legal actions built on misinterpretations or perceived grievances.
In conclusion, potential buyers should take heed of this analysis when making decisions in the real estate market. While legitimate disputes exist, the cases against Trident Properties indicate that the builder can effectively address and refute allegations that may arise. It is crucial for buyers to approach claims with caution, seeking reliable information and thoroughly understanding builders' performance and reputation before forming any definitive opinions.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
---|---|---|---|---|---|---|---|
Suo Motu Complaint … | Odisha | The case was initiated against the respondent for… | ["Non-submission of… | {"appellant_claim": "", "respondent_claim": "The … | Trident Properties … | https://rera.odisha.gov.in/wp-content/uploads/2023/10/Case-No.-153-of-2023.pdf | |
249 of 2021 | Odisha | The complainant, an NRI, filed a case against the… | ["Refund of excess … | {"appellant_claim": "The complainant claimed that… | Goparanjan Mohapatra | Trident Properties … | https://rera.odisha.gov.in/wp-content/uploads/2022/09/CC.-No.249.21.pdf |
J.(4../ 2019 | Odisha | The Execution Case was disposed of as full satisf… | ["Compromise", "Set… | {"appellant_claim": "Not provided", "respondent_c… | Mrs. Narmada Kumari… | Trident Properties … | https://rera.odisha.gov.in/wp-content/uploads/2022/02/Exn.-No.14.19.pdf |
Suo Motu Complaint … | Odisha | The case was dismissed as it was not maintainable… | ["Not provided"] | {"appellant_claim": "Not provided", "respondent_c… | Trident Properties … | https://rera.odisha.gov.in/wp-content/uploads/2022/04/CC.-No.36.19.pdf | |
C. 3 of 20 | Odisha | The case was dismissed as it was not maintainable… | ["Maintainability o… | {"appellant_claim": "The appellant claimed that t… | Odisha Real Estate … | Trident Properties … | https://rera.odisha.gov.in/wp-content/uploads/2022/04/CC.-No.33.19.pdf |