UNIVERSAL LANDMARKS PRIVATE LIMITED

Introduction

When considering a real estate investment, it's crucial to evaluate the builder's track record. Universal Landmarks Private Limited, operating primarily in Rajasthan, has faced its share of legal challenges. This blog post explores the builder's complaints, legal outcomes, and offers valuable insights for prospective buyers.

Overview of Legal Record

Universal Landmarks Private Limited has encountered a total of 5 complaints, resulting in a mixed legal performance: 3 cases won and 2 cases lost. This level of legal scrutiny is significant for current and potential stakeholders and sheds light on the builder's operational integrity.

Analysis of Lost Cases

In the two cases that Universal Landmarks lost, several patterns emerge:

1. Failure to Complete Projects: A common factor was the builders' inability to complete projects timely or secure completion certificates within the registration validity. This raises concerns about project delivery times and adherence to regulatory requirements.
2. Disputes over Fairness and Hearing …

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Analysis of the cases filed against Universal Landmarks Private Limited, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues in the builder's adherence to regulatory standards, timely communication of project progress, and adherence to registration requirements.

The first theme, Non-compliance with Regulatory Requirements, stands out in the cases where the builder failed to submit the necessary quarterly progress reports to the Authority. This reflects a broader pattern of neglecting regulatory obligations, which is a common trigger for legal disputes in the construction sector.

The Penalties for Project Delays theme emerges from the imposition of a penalty of Rs 2,00,000 on the builder, indicating that delays in project completion or failure to meet deadlines set by the Authority resulted in significant financial repercussions. This penalty highlights the legal expectation that builders must meet project timelines and the consequences of failing to do so.

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An analysis of the cases filed against the builder, Universal Landmarks Private Limited, which the builder won, revealed the following information. Several common themes emerged from the cases, shedding light on the nature of disputes within the real estate market centered around this builder.

1. Delayed Possession Claims: One of the recurring issues involves complaints related to the completion of projects within the stipulated time frame. Appellants claimed that the builder did not complete the project and obtain the necessary completion certificates as required by regulatory bodies.
2. Regulatory Compliance Issues: Various cases highlighted challenges regarding compliance with municipal regulations. In one instance, it was pointed out that the required municipal approvals were not adhered to, raising questions about land use and classification.
3. Penalties for Project Delays: The builder faced penalties related to the delays in project completion. However, the responses showcased efforts to rectify …

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