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WALKS N WALKS MANAGE PRIVATE LIMITED

  • No of Complaints: 10
  • States (Active in): Punjab
CIN U74900PB2011PTC035372
Year Established 12 August 2011
Address HOUSE NO 1501, SECTOR 69 , MOHALI, Punjab, India - 160069
Company Status Private

Introduction

Walks N Walks Manage Private Limited is a real estate builder operating primarily in Punjab. As potential buyers navigate through the myriad options available in the real estate market, understanding the reliability and track record of builders is paramount. This blog post delves into the specifics of Walks N Walks Manage Private Limited, evaluating their complaint history, legal battles, and providing insights for future buyers.

Builder Overview

  • Name: Walks N Walks Manage Private Limited
  • Number of Complaints: 10
  • Cases Won: 8
  • Cases Lost: 2
  • States with Projects: Punjab

Legal Case Analysis

Cases Lost

Out of the total 10 complaints, Walks N Walks has lost 2 cases. Both instances revolve around the lack of registration of their projects with the Real Estate Regulatory Authority (RERA), Punjab. The specific claims made by the complainants asserted the following:

  • Unregistered projects violating the Real Estate (Regulation and Development) Act, 2016.
  • Demands for compensation, refunds, and interest due to unfulfilled obligations.

In both instances, the final verdict dismissed the claims as not maintainable, stating that the complainants could refile their complaints once the projects receive RERA registration. The common factor in these lost cases is the failure to comply with the registration mandates set forth by regulatory authorities, suggesting a significant oversight on the builder's part.

Cases Won

Conversely, Walks N Walks has successfully won 8 cases, predominantly centered on the claim that the Real Estate Regulatory Authority had declined to interfere in the complaints, mainly on jurisdictional grounds. The defendants maintained that the projects were operational, and therefore, the authority had no legal basis to intervene. The outcomes uniformly favored the builder, directing the parties back to the RERA for further proceedings, which implies that the builder operated within the legal framework during these disputes.

Builder Assessment

Analyzing the overall performance of Walks N Walks Manage Private Limited, we can make a few observations:

  • Strengths: The builder has won a significant majority of their legal cases, indicating a strong defense against jurisdictional challenges brought by complainants. This reflects a degree of operational stability and adherence to some legal standards in their completed projects.
  • Weaknesses: The loss of 2 cases due to non-compliance with RERA registration requirements raises concerns regarding legal compliance. This could be a red flag for potential buyers regarding project deliverability and regulatory adherence.

Tips for Potential Buyers

  1. Verify RERA Registration: Ensure that the project you are interested in is registered with the RERA. Lack of registration can lead to complex legal issues in the future.
  2. Review Legal History: Understand the builder's legal track record. Focus on how they address complaints and their responsiveness to buyer concerns.
  3. Conduct Thorough Research: Investigate the builder's operational history in Punjab. Check for reviews and feedback from previous buyers.
  4. Seek Professional Assistance: Consulting with real estate professionals or legal experts can provide clarity and assurance before making significant financial commitments.

General Tips for Selecting Any Builder

  • Reputation: Look for builders with established reputations and positive reviews.
  • Transparency: Prefer builders who maintain transparency regarding their projects, pricing, and legal standings.
  • Experience and Portfolio: Investigate the builder’s completed projects and their quality of work.
  • Customer Support: Ensure that the builder has a reliable customer service system in place to address your concerns effectively.

Conclusion

Walks N Walks Manage Private Limited showcases a mixed performance with a good rate of case wins but significant concerns regarding non-compliance with essential regulations. Potential buyers must approach with due diligence, particularly in verifying project registrations and understanding the builder's legal context. By exercising caution and thorough research, buyers can protect themselves while navigating the complex world of real estate investments.

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Non-compliance with Real Estate Regulation Unregistered Projects Claims for Compensation and Refunds

The analysis of the cases filed by Walks N Walks Manage Private Limited, in which the builder lost, reveals significant insights into the nature of their disputes.

Firstly, the cases can be grouped into several key themes:

  1. Non-compliance with Real Estate Regulation: Both cases filed involved claims regarding violations of the Real Estate (Regulation and Development) Act, 2016. The builder contended that they were unjustly accused of failing to adhere to the provisions of this act.
  2. Unregistered Projects: A recurring issue in these cases was the builder's projects lacking proper registration with the Real Estate Regulatory Authority (RERA). This unregistered status rendered the complaints from homebuyers non-maintainable, a critical point leading to the dismissal of the cases.
  3. Claims for Compensation and Refunds: The complainants sought legal remedies such as compensation, refunds, and interest due to alleged non-compliance and project delays, highlighting the financial implications of the builder's actions.

The reasons for which the builder commonly brought cases to court primarily revolved around contesting these claims made by the complainants. The builder aimed to challenge the allegations of violating regulations and sought to defend themselves against claims for refunds and compensation. It appears that a significant trigger for the cases emerged from dissatisfaction from homebuyers regarding project registration and associated rights under the RERA framework.

In examining the reasons behind the builder's losses, a few patterns emerge. A notable factor was their failure to comply with legal or regulatory requirements, specifically the mandatory registration of their projects with RERA. The dismissals of their complaints were rooted in the fact that the projects were unregistered, which not only led to the complaints being considered non-maintainable but also allowed room for complainants to refile their cases once the necessary registrations were complete. Furthermore, the builder's misunderstandings regarding compliance with the Real Estate Act played a pivotal role in their legal failures.

Overall, these cases illustrate the importance of adherence to regulatory mandates and highlight the significant risk builders face when failing to adhere to legal obligations such as project registration. For potential homebuyers, these findings can serve as a cautionary tale, emphasizing the need to ensure all projects are properly registered and compliant with the prevailing real estate laws before making any commitments.

Regulatory Interference Claims Jurisdictional Disputes Project Setup Disputes

An analysis of the cases filed by the builder, Walks N Walks Manage Private Limited, which it won, revealed the following information. The cases predominantly revolved around regulatory interference claims and disputes regarding the jurisdiction of the Real Estate Regulatory Authority, Punjab. It appears that the builder commonly faced legal challenges due to complaints made against the Authority's decisions to decline interference, asserting that the project was already established and thus, no jurisdictional interventions were warranted. This led to recurring themes of Regulatory Interference Claims and Jurisdictional Disputes, showcasing the complexities of oversight in real estate development.

The builder frequently contested the Authority's findings, suggesting that decisions made did not take into account specific nuances related to their projects. This pattern displayed a tendency for disputes arising from perceptions of regulatory non-compliance or misunderstanding of project classification. In these cases, Walks N Walks Manage Private Limited successfully demonstrated that the opposing parties often lacked substantial evidence or clarity regarding the regulatory framework, leading to favorable outcomes in these legal battles.

The common reason for the builder’s success in court appears to be the insufficient evidence provided by the opposing parties. Regulatory authorities often declared their jurisdictional limitations based on the premise of the project being established, allowing the builder to effectively argue against unwarranted claims. This strong defense indicates that assertions made by the opposing parties were sometimes exaggerated or misinterpreted, which reflects a tendency for misunderstandings in the complex fabric of real estate regulation.

Overall, this analysis not only sheds light on the builder's capability to defend itself against legal combative measures but also raises awareness about the broader dynamics of the real estate market. It highlights a reality where buyers may sometimes act on incorrect information or unfounded grievances, leading to protracted disputes. Walks N Walks Manage Private Limited's track record indicates that they are adept at navigating these challenges, further solidifying their reputation in the industry.

In conclusion, potential buyers are advised to exercise caution and diligence when considering claims against builders. While legitimate disputes certainly exist in the real estate sector, this analysis reveals that builders like Walks N Walks Manage Private Limited can robustly contest and defend against unjust accusations. Buyers should be encouraged to seek reliable and verified information before forming opinions regarding a builder’s reputation, ensuring an informed and confident investment in their real estate ventures.

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
115 of 2022 to 118 … Punjab The appeals were disposed of with the same terms … ["Real Estate", "Re… {"appellant_claim": "The appellants claimed that … Walks N Walks Manag… Shiwalik Site Plann… https://rera.punjab.gov.in/pdf/OrdersJudgementsPbAT/20220908AppealNo115to118of2022.pdf

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