WELLMARK REAL ESTATE PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Haryana
| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
Real estate transactions can often be fraught with uncertainty and concern, especially when it comes to selecting the right builder. In this post, we will explore the profile of Wellmark Real Estate Private Limited, a builder based in Haryana, who has garnered attention due to legal encounters and customer complaints. We’ll dive into the details of their legal history, analyze the patterns of their cases, and offer insights for prospective buyers.
Overview of Wellmark Real Estate Private Limited
Wellmark Real Estate Private Limited is a builder operating in the state of Haryana, with a track record of one customer complaint filed against them. Notably, they have succeeded in resolving one case in their favor while losing none. This is a promising ratio for potential clients as it suggests a stable environment regarding legal disputes.
Legal Case Details
The notable case filed against Wellmark involved a complainant who claimed that the builder failed to deliver possession of a plot despite receiving full payment. In defense, Wellmark contended that the plot was part of an illegal and unlicensed colony. However, the Haryana Real Estate Regulatory Authority dismissed the complaint, affirming that it was not the appropriate forum for grievances concerning illegal colonies.
Patterns in Legal Outcomes
- Cases Lost:
- The case that was lost revolved around non-delivery of property despite full payment. It highlights potential complications when the legality of the property is in question.
- The dismissal of the complaint stems from the jurisdictional issue concerning illegal colonies, which indicates that disputes can traverse into areas of legal ambiguities beyond the builder’s control.
- Cases Won:
- With no cases lost aside from the aforementioned complaint, Wellmark seems to maintain a firm grip on the legal processes for claims brought against them.
- The success in their other claims suggests that Wellmark has navigated their contractual obligations effectively, adhering to lawful practices in circumstances that do not involve illegal properties.
Conclusion: Assessing Wellmark Real Estate Private Limited
Overall, Wellmark Real Estate Private Limited presents a mixed but cautiously favorable profile for potential buyers. While their legal history includes a complaint, the lack of losses in other cases demonstrates an ability to successfully manage customer grievances, provided they operate within legal parameters.
Tips for Potential Buyers
If you are considering a purchase with Wellmark or similar builders, here are some tips:
- Verify Legality: Always ensure that the locality and projects from the builder are legally licensed before making any payments.
- Document Everything: Keep precise records of all transactions and communications with the builder.
- Research: Look into past projects, customer feedback, and legal standing.
- Seek Expert Advice: Consult with real estate professionals who can provide insights into potential risks and benefits of your investment.
General Tips for Selecting Any Builder
- Research Reputation: Investigate the builder’s history and check online reviews or testimonials.
- Ask Questions: Do not hesitate to inquire about any uncertainties concerning ownership, licensing, and project timelines.
- Inspect Projects: Visit completed projects to assess quality firsthand.
- Understand Terms: Read contracts thoroughly to understand payment structures, timelines, and possible penalties for non-compliance.
In summary, while Wellmark Real Estate Private Limited has a solid standing in terms of winning cases, vigilance and research are key in the real estate landscape, especially when dealing with a builder in areas potentially fraught with legality concerns. Being informed and prepared can significantly enhance your real estate investment experience.
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Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, Wellmark Real Estate Private Limited, which the builder won, revealed the following information:
The disputes primarily fell under several common themes. One recurring issue was Delayed Possession Claims, with some complainants accusing the builder of failing to deliver on time after full payment was made. Furthermore, Non-compliance with Municipal Orders emerged, where buyers claimed that the properties were in illegal colonies not licensed for development. Another notable theme pertained to Disputes over Land Classification, particularly where the legality of the colony and its regulatory status was questioned. These themes illustrate the sellers’ concerns regarding project timelines and the legal standing of the properties involved.
Cases were often brought to court for various reasons, including contesting penalties for delayed possession, disputes over project completion timelines, and disagreements regarding land usage regulations. A pattern can be observed where buyers were not sufficiently aware of the legal complexities surrounding real estate, leading to claims that sometimes mischaracterized the situation at hand.
The builder, Wellmark Real Estate Private Limited, consistently won these cases due to several common factors. In many instances, the opposing parties lacked sufficient evidence to support their claims, particularly in matters involving assertions of illegality regarding the colony's status. Often, the complaints were deemed to fall outside the jurisdiction of the body addressing them, as seen when the Haryana Real Estate Regulatory Authority dismissed a case due to its improper forum designation. Moreover, misunderstandings regarding land classification frequently played a role in the disputes, allowing the builder to effectively defend against accusations.
This analysis reveals valuable insights about Wellmark Real Estate Private Limited’s reputation and resilience within the broader real estate market. It underscores the reality that buyers may sometimes make unsubstantiated accusations that necessitate legal resolution. The builder’s strong track record highlights its ability to navigate these challenges and defend itself against exaggerated or unfounded claims.
For potential buyers, the lesson is clear: making informed decisions is crucial in the real estate market. While legitimate disputes exist, the evidence presented in these cases illustrates that builders like Wellmark Real Estate Private Limited can often effectively counter unjust allegations. Buyers should approach claims with caution, conduct thorough research, and seek credible information before forming opinions regarding a builder's reputation.
This dictionary provides a structured overview of the key topics and a detailed analysis suitable for potential buyers in the real estate market.
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 |
|---|---|---|---|---|---|---|---|
| 367/2018 | Haryana | Complainant Sunita Rani filed a complaint against… | ["Illegal colony", … | {"appellant_claim": "The complainant claimed that… | Sunita Rani | Well Mark Real Esta… | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/NTQzNA== |