CIN | U74900PB2011PTC035372 |
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Year Established | 12 August 2011 |
Address | HOUSE NO 1501, SECTOR 69 , MOHALI, Punjab, India - 160069 |
Company Status | Private |
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.
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:
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.
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.
Analyzing the overall performance of Walks N Walks Manage Private Limited, we can make a few observations:
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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Here you’ll find cases where the builder sued others but didn’t win. We’ve included a simple summary and key takeaways from each case.
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:
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.
Here you’ll find cases where the builder sued others and won. We’ve included a summary and key insights from each case.
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 |
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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 |