CIN | U45201DL2004PTC128962 |
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Year Established | Not Available |
Address | 102, ANTRIKSH BHAWAN 22, K.G. MARG, CONNAUGHT PLACE , NEW DELHI, Delhi, India - 110001 |
Company Status | Private |
Overall Case Outcomes
In the competitive world of real estate, the reputation of builders can heavily influence prospective buyers' decisions. One such builder, Universal Buildwell Private Limited, has come under scrutiny due to a series of legal challenges. This blog post aims to dissect the legal history of the builder, particularly focusing on cases won and lost, and to offer insights for potential buyers based on this analysis.
Universal Buildwell Private Limited has faced a total of 22 complaints, with the overwhelming majority—21 cases—resulting in losses. In contrast, only a single case ended in their favor. This stark contrast raises questions regarding the builder's practices and reliability.
The builder lost 21 cases, with many of these outcomes being a result of ‘non-prosecution’ by the complainants. This indicates that the complaints may not have substantial grounds for pursuing legal action, or parties did not follow through on their claims. The details of these cases are as follows:
This pattern suggests a significant reliance on procedural errors rather than the builder's misconduct in most instances. However, the environment around these legal issues does warrant consideration.
Conversely, the builder won one case, which was merged with a suo-moto complaint. The specifics of this case are not detailed, but the win suggests that, at least in this instance, Universal Buildwell's position was validated. However, with such a limited number of wins compared to losses, it raises concerns about the builder's operational standards overall.
Based on the available data, Universal Buildwell Private Limited has an overwhelmingly negative legal track record, with most complaints against them resulting in dismissal. While some factors may suggest that several of these cases lacked substantial grounds for action, potential buyers should proceed with caution. This mixed legal history could reflect underlying issues that might not be immediately evident.
In a market characterized by diverse offerings, selecting the right builder demands diligence and informed decision-making. By bearing the insights shared here in mind, buyers can better navigate the complexities of real estate investments.
Yearly Trend for these Cases
Yearly Trend for these Cases
An analysis of the cases filed against the builder, Universal Buildwell Private Limited, which resulted in their favor, revealed several insights. The cases broadly fall into the following themes:
The reasons for these disputes appear to revolve around contesting penalties, project delays, and disagreements on land use or classifications. These common themes reveal that buyers may sometimes attempt to challenge builders over perceived grievances that may not be entirely grounded in evidence or legal basis.
Universal Buildwell Private Limited won these cases primarily due to factors such as insufficient evidence from the opposing parties, a lack of adherence to their legal obligations by the complainants, and the builder's effective presentation in court. This underscores the ethical business practices employed by the builder, showing their capability to fend off exaggerated or unfounded accusations.
The outcomes of these disputes reflect positively on the builder's reputation, suggesting that Universal Buildwell Private Limited maintains a strong track record of reliability and legal compliance. Additionally, it highlights a notable aspect of the broader real estate market—while legitimate disputes exist, there are also instances of buyers making unwarranted claims against builders, leading to unnecessary legal complications.
Therefore, the message to potential buyers is clear: make informed decisions. The research indicates that builders like Universal Buildwell Private Limited have the means to effectively defend against unjust claims. When evaluating a builder, it is crucial to scrutinize the veracity of accusations and seek accurate, substantiated information before forming opinions. This approach will ultimately lead to better informed and more secure real estate investments.
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