
CIN | U70102TG2007PTC055262 |
---|---|
Year Established | Not Available |
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 |
Overall Case Outcomes
Introduction
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.
Overview of Legal Cases
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.
Cases Lost by Trident Properties
The analysis of the cases lost by Trident Properties reveals several common traits:
- Dismissal on Technical Grounds: Many of the cases were dismissed due to being deemed 'not maintainable.' In particular, three of the cases were dismissed citing a …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
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 …
Individual case details available for subscribers.
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
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 …
Individual case details available for subscribers.
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