TULSI DEVELOPERS INDIA PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Kerala
| CIN | U70102KL2007PTC020894 |
|---|---|
| Year Established | 6-Jun-07 |
| Address | Tulsi, 2nd Floor, KCRA Lane No.5, Near Civil Station, Signal Jn., Kakkanad Ernakulam KL 682030 IN |
| Company Status | Private |
TULSI DEVELOPERS INDIA PRIVATE LIMITED: Understanding Customer Experiences
When considering a real estate builder, it’s essential to analyze their track record regarding customer satisfaction and compliance with legal agreements. In this post, we delve into the specifics concerning TULSI DEVELOPERS INDIA PRIVATE LIMITED, focusing on their complaint history, legal cases, and tips for potential buyers.
Complaint History
TULSI DEVELOPERS INDIA PRIVATE LIMITED has garnered one official complaint. The nature of this complaint revolves around the builder’s alleged failure to complete a flat on time, despite the full payment having been made by the complainant.
Legal Case Overview
In the sole legal case filed against TULSI DEVELOPERS, the complainant asserted that the builder delayed the handover of possession. The builder countered this claim by citing circumstances such as floods, the COVID-19 pandemic, and shortages in labor and materials as reasons for the delay. Ultimately, the Kerala Real Estate Regulatory Authority (KRERA) sided with the complainant, directing TULSI DEVELOPERS to pay interest on the delayed amount until the possession was handed over.
Patterns in Cases
- Cases Won: TULSI DEVELOPERS has experienced one case won, where despite having the claim against them, they were ordered to pay interest for delays. This suggests that even while they may argue valid reasons for performance delays (like natural disasters or pandemics), they failed to meet their delivery commitments.
- Cases Lost: Their single lost case indicates a trend that could raise concerns for potential buyers. The failure to successfully contest the claims may reflect a serious deficiency in management and planning on their part, which can significantly affect future project timelines and customer satisfaction.
Conclusion
TULSI DEVELOPERS INDIA PRIVATE LIMITED operates primarily in Kerala and has a mixed record. While they have only encountered a limited number of legal complaints, their loss in the one case indicates a need for improvement in adhering to project timelines and maintaining transparent communication with buyers. This raises questions about their reliability for future developments.
Tips for Potential Buyers
- Verify Project Status: Always check on the current status of projects and any possible delays that may occur. Asking the builder for a project timeline can provide insight into future expectations.
- Research Legal History: Look into the builder's history with legal cases and ensure they have a good standing within the real estate regulatory authority.
- Seek Reviews from Previous Customers: Testimonials and reviews from past buyers can offer perspectives on service quality and project outcomes.
- Understand Payment Structures: Be clear on how and when payments are made and request written assurances on possession timelines to secure your investment.
General Tips for Selecting a Builder
- Assess Their Financial Standing: A builder's financial health can impact project completion.
- Look for Quality Assurance: Ensure that the builder adheres to quality standards and that their completed projects reflect this commitment.
- Engage a Property Lawyer: For significant transactions, having a legal expert can protect your interests.
In summary, while TULSI DEVELOPERS INDIA PRIVATE LIMITED shows potential with its projects in Kerala, prospective buyers should conduct thorough investigations and consider all factors or patterns identified before making a commitment.
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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 Tulsi Developers India Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Penalties for Project Delays.
The cases often revolved around claims made by the complainants that the builder had delayed the completion of their flats and failed to hand over possession, despite having received full payment. In response, the builder typically cited unforeseen circumstances such as floods, the Covid-19 pandemic, and shortages of labor and materials as contributing factors to the delays. However, the legal authorities did not accept these defenses and ultimately imposed penalties on the builder for the delays.
A common trigger for litigation in these cases was the builder’s inability to meet project timelines and fulfill their commitments to buyers. Buyers contested the delays and sought interest on their payments as compensation for the prolonged waiting periods. The builder's failure to provide timely possession led to a series of legal battles, culminating in decisions mandating the builder to pay interest at the rate of 14.2% simple interest for every month of delay, as seen in the verdict by the Karnataka Real Estate Regulatory Authority (KRERA).
The builder lost these cases primarily due to insufficient evidence to support their claims of extenuating circumstances. While it is understandable that certain situations may warrant delays, the builder's inability to convince the authorities that these delays were beyond their control resulted in legal consequences. Furthermore, the builder's failure to comply with the expected timelines and regulations governing real estate transactions contributed significantly to the outcomes.
In conclusion, the analysis of these cases highlights the importance of transparency and adherence to timelines in real estate transactions. Buyers should be wary of builders with a history of delays and legal disputes, as this may indicate broader operational inefficiencies. It is crucial for prospective buyers to conduct thorough research and consider past performance before making any commitments to ensure a smoother transaction process.
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 |
|---|---|---|---|---|---|---|---|
| 231/2021 | Kerala | The complainant, Krishnan S, filed a complaint ag… | ["Delay in completi… | {"appellant_claim": "The complainant claimed that… | Krishnan S | Tulsi Developers In… | https://rera.kerala.gov.in/complaint-file/231/2021/Krishnan.S |