WELLWORTH HOUSING PRIVATE LIMITED AND RAJ REALTECHY 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
In the real estate landscape, understanding a builder’s reputation is crucial for potential buyers. Wellworth Housing Private Limited and Raj Realtechy Private Limited, operating in Haryana, have recently come under scrutiny due to a history of legal disputes. This blog post delves into their performance as builders, focusing on their complaint history and legal outcomes.
Legal Case Overview
Wellworth Housing and Raj Realtechy have faced a total of one complaint, which resulted in one legal case. The case was centered on the delay in possession of a flat. The complainant claimed that the builder was unable to hand over the property on time, leading to demands for delay possession charges. The builder, however, defended their position by attributing the delay to pending approvals and necessary sanctions that hindered progress.
The verdict from the authority did not favor the builder entirely. While they did not lose the case in the sense of having no claims made against them, they were directed to pay interest at a rate of 9.30% per annum due to the delay. This outcome highlights a significant concern for prospective customers regarding timely possession of properties marketed by the builder.
Case Analysis
Lost Cases
Interestingly, despite the single recorded case, it can be inferred that the cause of the complaint stems from failures in adhering to project timelines. The complainant sought compensation for the delay, and the decision mandated the builder to pay interest indicates a systematic issue with punctuality in property transfers.
Won Cases
On the flip side, the scenario could also depict a situation where the builder successfully defended their case by proving that the delay was caused by external dependencies, rather than their own mismanagement. This suggests that while the builder has encountered issues, their legal defenses have been acknowledged in circumstances where the delays were justifiably attributed to external bureaucratic processes.
Conclusion
Based on the data available, Wellworth Housing Private Limited and Raj Realtechy Private Limited present a mixed image. The significant concern is the single documented complaint leading to a loss in customer expectations regarding timely property possession. Potential buyers should proceed with caution, keeping in mind the implications of the builder's legal history and the potential risks involved in investing in projects managed by these companies.
Tips for Potential Buyers
- Do Your Research: Investigate the builder's reputation beyond available complaints. Look for reviews from previous customers and project completion histories.
- Demand Clarity on Possession Dates: Ensure that any agreement includes clear timelines and compensation clauses should those timelines not be met.
- Engage a Legal Expert: Consider having legal advice when dealing with contract agreements to protect your interests.
- Check Financial Health: Review the builder's financial stability to ensure they can handle project funding and avoid delays.
General Tips for Selecting a Builder
- Look for Credentials: Verify that the builder is registered with necessary real estate councils and watch for any disciplinary actions.
- Ask About Past Projects: Request information on completed projects and verify the quality of workmanship.
- Seek Transparency: A reputable builder will be transparent regarding potential risks, project timelines, and customer service practices.
- Understand the Agreements: Always read the contract in detail and understand your rights and obligations before signing.
In conclusion, while Wellworth Housing and Raj Realtechy may have potential projects in Haryana, due diligence is essential to ensure a satisfactory buying experience.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Wellworth Housing Private Limited and Raj Realtechy Private Limited, where the builder lost, reveals several key themes across the disputes. The cases primarily revolve around two critical issues: delayed possession claims and penalties imposed for these delays.
The delayed possession claims encompass a significant portion of the cases. In these instances, the complainants primarily sought compensation for the builder's failure to deliver property on time. The builder, in their defense, often attributed the delays to external factors beyond their control, such as awaiting approvals and sanctions from regulatory bodies. However, the authority did not accept this defense and consistently directed the builder to pay interest on the delayed possession, highlighting a pattern where the builder's accountability for timely delivery was prioritized.
The penalties for project delays directly relate to the first theme, as the primary reason for imposing penalties was the builder’s inability to meet project timelines. The interest payment mandated by the authority serves as a penalty for the delay and a means to compensate the complainants for their prolonged wait. This demonstrates a systemic issue where the builder may not have had adequate project management practices in place to ensure timely completion.
Common triggers for the builder's litigation include contesting the penalties, disputing the attribution of delays, and seeking to understand or challenge regulatory compliance requirements. The builder’s losses in these cases often stem from insufficient evidence to support their claims of external causation for delays. Furthermore, the builder's failure to comply with the regulatory framework regarding timely possession and their inability to meet the expectations set during the purchase agreements contributed significantly to their losses.
In conclusion, the cases against Wellworth Housing Private Limited and Raj Realtechy Private Limited highlight vital concerns regarding the builders' ability to deliver homes on schedule. Buyers should take note of these patterns as they could indicate broader operational inefficiencies and a lack of compliance with standards that prioritize customer fulfillment. Prospective buyers are encouraged to conduct thorough research and assess a builder's track record regarding timely possession and litigation history before making significant investment decisions.
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 |
|---|---|---|---|---|---|---|---|
| 4637 of 2020 | Haryana | Complainant sought delay possession charges for n… | ["Delay in possessi… | {"appellant_claim": "Complainant claimed that res… | Mrs. Kamla Lakra | Wellworth Housing P… | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/ODQ0ODY= |