CIN | U45201TN1997PTC037742 |
---|---|
Year Established | Not Available |
Address | TVH NOVELLA, SECOND FLOOR, PLOT NO.112 OLD NO.4, DOOR NO.16/17, 3RD CROSS ROAD , Chennai City Corporation, Tamil Nadu, India - 600028 |
Company Status | Private |
Overall Case Outcomes
Understanding True Value Homes: A Builder's Performance Overview
When it comes to selecting a builder for your dream home, understanding their performance record is crucial. True Value Homes (India) Private Limited, operating in Tamil Nadu, presents an interesting case study with their track record characterized by an equal split in outcomes of legal complaints. In this blog post, we will analyze their performance in handled cases, potential areas of concern, and what buyers should consider before purchasing.
True Value Homes: A Snapshot
- Name: True Value Homes (India) Private Limited
- Number of Complaints: 2
- Cases Won: 1
- Cases Lost: 1
- States with Projects: Tamil Nadu
Legal Case Analysis
Cases Lost
In the case where True Value Homes lost, the details are as follows:
- Appellant Claim: The complainant alleged that the builder failed to refund the booking amount despite multiple requests.
- Respondent Claim: True Value Homes maintained that they had refunded the …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against True Value Homes (India) Private Limited, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into delayed possession claims, non-compliance with orders, and documentation disputes.
Many of the claims made by the petitioners revolve around the builder's failure to adhere to the promised timelines for possession of properties. In the example outlined, the builder refused to obey an order dated 05.11.2020, which reflects a broader pattern of non-compliance with regulatory directives and court orders. This suggests that the builder may have faced challenges in meeting project deadlines, which is a common issue in the construction sector.
The reasons people brought cases to court against True Value Homes often stemmed from the builder’s inability to fulfill their commitments. Petitioners contested the builder's refusal to provide necessary documents and possession after purchase, highlighting significant trust violations in the …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, True Value Homes (India) Private Limited, which the builder won, revealed the following information. The cases primarily revolved around two main themes: Refund Disputes and Regulatory Compliance Issues.
Refund Disputes included claims from complainants regarding the non-refund of booking amounts, where buyers asserted that despite several requests, their monies were not returned. In the case in question, the builder defended itself by demonstrating that the booking amount was refunded, leading to the complaint's closure. On the other hand, Regulatory Compliance Issues were exemplified by concerns regarding the advertisement of projects that were not approved. The ruling emphasized the importance of regulatory adherence and directed the respondent to abide by compliance norms.
The reasons behind these legal claims often stemmed from misunderstandings or dissatisfaction with the service provided by the builder. Disputes arose from contesting the legitimacy of refund processes, and …
Individual case details available for subscribers.
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