TWIN CITY INFRACON PRIVATE LIMITED

Overview of Twin City Infracon Private Limited

Twin City Infracon Private Limited is a builder operating mainly in the state of Odisha. With a small number of complaints lodged against them (two), it may seem initially that the builder is not facing significant allegations. However, a closer examination reveals a troubling track record in legal disputes, particularly surrounding compliance with the Real Estate (Regulation & Development) Act, 2016.

Legal Case Analysis

Complaints Against the Builder

Despite having only two complaints recorded, it's crucial to highlight that both of these cases resulted in losses for Twin City Infracon. The details of the cases indicate a concerning trend:

• Final Verdicts: In both instances, the builder was found to have violated Section 3 of the Real Estate (Regulation & Development) Act, 2016, which governs the sale of real estate and mandates proper certification.
• Penalties Imposed: A penalty of ₹50,00,000 was levied in each case, suggesting that the builder failed to adhere to the requisite legal standards when dealing with property plots.

Patterns Observed in Case Outcomes

Common Factors in Cases Lost

1. Violations of Regulatory Framework: The builder failed to obtain necessary registration certificates before selling plots, a direct violation of the law.
2. Repeated Offenses: The identical nature of both cases indicates a systemic issue in the builder’s practices, as they were penalized for the same legal infraction.

Common Factors in Cases Won

Interestingly, while the data states that the builder has won zero cases, it creates a significant concern around their legal practices. Instead, they consistently faced penalties deserving serious consideration by potential buyers.

Conclusion

Upon reviewing the provided data for Twin City Infracon Private Limited, it becomes evident that the builder is mired in legal trouble, with a complete lack of successful outcomes in their cases.

Overall Assessment

Given that Twin City Infracon has lost both legal cases and sustained substantial fines, potential buyers should exercise caution. This track record points to serious issues regarding compliance and trustworthiness in their dealings.

Tips for Potential Buyers

1. Research Thoroughly: Before making any purchasing decisions, look into the builder’s history, reviews, and current standing.
2. Request Documentation: Always ask for comprehensive documentation regarding the property, including registration certificates.
3. Visit Ongoing Projects: Where possible, visit current or completed projects to gauge the builder's quality of work firsthand.
4. Seek Legal Counsel: Enlist the help of a real estate attorney to ensure that all contracts and agreements are fair and compliant with the law.

General Tips for Selecting a Builder

• Check Credentials: Always confirm that the builder is licensed and adheres to local regulations and standards.
• Assess Past Projects: Investigate the builder’s previously completed projects for quality and customer satisfaction.
• Read Reviews: Look for feedback from previous buyers to better understand the builder's reputation.
• Negotiate Wisely: Don’t hesitate to negotiate terms, and ensure you are clear on payment structures and timelines.

By keeping these tips in mind, buyers can protect themselves from potential pitfalls and make more informed decisions in their property investments.

Analysis of the cases filed against Twin City Infracon Private Limited, where the builder lost, reveals significant insights into their legal disputes. The cases can be grouped into several common themes: non-compliance with the Real Estate (Regulation & Development) Act, 2016 (RERA), penalties incurred for selling plots without proper registration, and disputes surrounding the documentation of land purchases and sales.

A notable pattern in these cases is the builder's contention that they had furnished all necessary details and had not sold plots without obtaining the required registration certificates. However, the verdicts consistently found violations of Section 3 of RERA, leading to substantial penalties of Rs. 50,00,000 on two separate occasions. This suggests that while the builder may have believed their practices were in compliance, the legal reality differed, highlighting a significant misunderstanding or misapplication of regulatory requirements.

The common trigger for these legal disputes appears to be the builder's failure to adhere to the necessary legal frameworks when selling plots. Instead of addressing regulatory compliance, the builder's defense focused on their perceived adherence to procedures, which ultimately proved inadequate. The underlying reasons for the builder’s losses include insufficient evidence to support their claims of compliance and a failure to meet the regulatory standards set forth by RERA.

These findings indicate a concerning trend where builders may not fully grasp the implications of non-compliance, which can lead to legal ramifications and financial penalties. Prospective buyers should take note of these cases, as they reflect potential risks associated with investing in projects managed by builders with a history of legal disputes and regulatory violations.