| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Wealth Mantra Properties Limited is a notable builder operating primarily in Uttar Pradesh. With a focus on delivering residential projects, the company has accrued a mixture of experiences in the legal arena, demonstrating both victories and challenges concerning customer satisfaction. In this article, we will analyze the builder's performance based on legal cases, providing potential buyers with insights and considerations before making a purchase.
Builder Performance Overview
Wealth Mantra Properties Limited has a relatively low number of complaints, with only one complaint registered against them. Impressively, the builder has won all legal battles except for one case where they were not favored by the tribunal. This ratio of cases won to cases lost presents a favorable image, yet it is essential to delve deeper into the circumstances surrounding these cases to understand any underlying patterns.
Legal Case Analysis
Cases Lost
The single case that Wealth Mantra Properties Limited lost …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, which the builder won, revealed the following information. The disputes primarily fell under three recurring themes: Delayed Possession Claims, Payment Disputes, and Disputes Over Contractual Obligations. Each of these themes highlights the complexities and interactions between buyers and builders in the real estate domain.
In the realm of Delayed Possession Claims, buyers often accused the builder of not delivering the promised possession of their flats. Conversely, the builder asserted that these claims were often tied to the buyers' failure to fulfill their payment obligations, creating a layer of complexity within these cases.
Payment Disputes emerged as another fundamental issue. Buyers frequently claimed that they were unfairly charged or penalized, while the builder maintained that payment timelines and contractual stipulations were not adhered to by the buyers, thus complicating the transaction process.
Disputes Over Contractual Obligations further elucidated the challenges faced by …
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