| CIN | U45204DL2011PTC220488 |
|---|---|
| Year Established | Not Available |
| Address | Mezzanine Floor, M-4 New Delhi South Extension Part-II NA NEW DELHI South Delhi DL 110049 IN |
| Company Status | Private |
Overall Case Outcomes
Understanding Wave Megacity Centre Private Limited: A Legal Perspective and Buying Tips
When considering real estate investments, the reputation and track record of a builder play a vital role in ensuring a smooth buying process and future enjoyment of the property. In this post, we delve into the legal standing and performance of Wave Megacity Centre Private Limited based on their complaint history and case outcomes.
Builder Overview
Wave Megacity Centre Private Limited operates in two states: Delhi and Uttar Pradesh. With a total of 2 complaints lodged against them, the builder holds a balanced record, having won 1 case and lost another.
Legal Case Analysis
Cases Lost
- Total Cases Lost: 1
- Summary: The sole case loss involved a complaint that was dismissed due to jurisdictional issues. This indicates that while the builder may have had legitimate defenses or arguments, the legal framework in question prevented the case from …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Wave Megacity Centre Private Limited, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around delayed possession claims and the regulatory authority's orders regarding refunds, highlighting an underlying issue in the builder's adherence to timelines and compliance with authority decisions.
The most notable theme was the Delayed Possession Claims. In these cases, the builder faced scrutiny over their inability to provide possession to the allottees within the stipulated timelines. This led to a series of legal battles in which the Regulatory Authority ordered refunds as a measure to protect the interests of the buyers. The builder contested these orders, arguing that the authority should have ensured compliance with their directions before mandating refunds. However, the Tribunal ultimately ruled in favor of the respondents, indicating a legal recognition of the buyers’ rights to timely possession and refunds upon …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, Wave Megacity Centre Private Limited, which the builder won, revealed the following information. The cases brought against the builder primarily involved jurisdictional issues where complaints were dismissed due to a lack of proper jurisdiction. While the specifics of the claims made by opposing parties were not provided, the overall trend indicates that many cases hinged on whether the court had the authority to adjudicate the matters being presented.
Several scenarios emerged that highlight why complainants may have sought legal recourse against the builder. Disputes could have included perceived penalties for project delays, claims for non-compliance with regulations, or disagreements regarding land conversion or classification. However, these summary outcomes suggest a commonality where cases were brought forth, often lacking substantial grounds, resulting in the dismissal of complaints.
The builder triumphed in these cases owing to clear evidential shortcomings from the …
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