U.P. TOWNSHIP INFRASTRUCTURE PRIVATE LIMITED

Introduction

When it comes to selecting a builder for your next property investment, knowledge about their track record is crucial. In this blog post, we delve into the operational history of U.P. Township Infrastructure Private Limited, a builder known for its projects primarily in Uttar Pradesh. With a focus on their legal history and overall performance, we aim to equip potential buyers with essential insights.

Builder Overview

Name: U.P. Township Infrastructure Private Limited
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
States with Projects: Uttar Pradesh

Legal Case Details

U.P. Township Infrastructure has faced one legal complaint that resulted in a loss for the builder. To provide clarity on this incident:

• Case Against the Builder:
  • Appellant Claim: The appellant alleged that the builder did not transfer the funds to their account as stipulated in the agreement.
  • Respondent Claim: The builder contended that the amount was successfully transferred to the appellant's account, asserting that the failure to receive it was due to technical issues beyond their control.
  • Final Verdict: Ultimately, the appellant agreed to withdraw the appeal after receiving the amount through RTGS (Real-Time Gross Settlement). The builder also committed to calculating interest based on the Marginal Cost of Funds based Lending Rate (MCLR) as fixed by State Bank of India over time.

Case Analysis

Lost Cases:

The case lost by U.P. Township Infrastructure appears to involve a misunderstanding regarding the transfer of funds. Key patterns to note:

• Financial Transactions: The builder’s lost case revolved around financial transaction disputes, specifically related to the transfer of money and contractual obligations.
• Technical Issues: The claim made by the builder about technical issues indicates that there might have been some systemic challenges in their payment processing systems.

Won Cases:

Interestingly, U.P. Township has not won any cases according to the data provided, suggesting that they may need to improve their dispute resolution processes moving forward. This absence of won cases highlights a pattern which could be concerning for potential buyers.

Overall Assessment

Based on the available information, U.P. Township Infrastructure has a limited track record in handling legal disputes, with one complaint lodged and lost. This scenario is a potential red flag for buyers, making it essential for them to conduct thorough due diligence before proceeding with any transactions.

Tips for Potential Buyers

1. Research Thoroughly: Investigate the builder’s history, including reviews from past customers and any existing legal cases. Understanding the builder’s reputation can help mitigate potential risks.
2. Inspect Legal Agreements: Ensure that contracts clearly outline details related to payments, services, and delivery timelines. This can protect you from potential disputes.
3. Seek Professional Advice: It may be beneficial to consult with a real estate lawyer before signing any agreements. Their expertise can provide additional safeguards against future issues.
4. Consider Financial Security: Verify the builder’s financial stability. A builder facing financial difficulties may struggle to meet construction obligations.

General Tips for Selecting any Builder

• Review Past Projects: Look into the quality and success of past projects to gauge the builder’s competence.
• Inspect Work Sites: If possible, visit current work sites to observe work quality and timeliness.
• Check for Certifications and Associations: Verify if the builder is affiliated with reputable construction associations or certified by recognized bodies.

Conclusion

In conclusion, it is essential for potential buyers to exercise caution when considering U.P. Township Infrastructure Private Limited. With one case lost and no successes recorded, engaging with this builder may necessitate additional scrutiny and preventive measures. Ultimately, thorough research and informed decision-making are key when selecting a builder, ensuring that your investment is secure and sound.

Analysis of the cases filed against U.P. Township Infrastructure Private Limited, where the builder lost, reveals several key insights into the nature of the disputes encountered by the builder.

The cases highlight two primary themes: financial disputes and technical issues with payments. In the financial dispute case, the appellant claimed that the builder had not transferred the agreed-upon amount to their account. In response, the builder contended that the amount was indeed transferred but was not received due to technical difficulties. Ultimately, the issue was resolved when the builder re-transferred the funds via RTGS, and they agreed to calculate interest based on the MCLR fixed by the State Bank of India.

A common reason for litigation in these cases was the builder's failure to fulfill financial obligations as per the agreement. The appellants often contested the builder's actions by arguing that they had not received the promised payments, which led to a pattern of financial dispute cases. The builder's defense frequently revolved around attributing the issue to technical problems rather than their own non-compliance, which highlights a recurring theme of deflecting responsibility in their litigation strategy.

The builder lost these cases primarily due to insufficient evidence supporting their claims of having completed the payment transfers successfully. The resolution in the aforementioned case indicates that the builder's initial defense may not have been credible, as they ultimately agreed to re-transfer the funds, confirming the appellant's suspicions of non-payment.

In conclusion, the cases against U.P. Township Infrastructure Private Limited expose a need for buyers to be vigilant when engaging with this builder, particularly concerning financial agreements. Buyers should ensure that they receive timely payments and maintain thorough documentation of all transactions to protect their interests.