W.T.C. NOIDA DEVELOPMENT COMPANY PRIVATE
- No of Complaints: 1
- States (Active in): Gujarat
| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Understanding W.T.C. Noida Development Company: A Review of Performance and Consumer Experiences
W.T.C. Noida Development Company Private is a builder primarily operating in Gujarat, known for its real estate projects. However, scrutiny surrounding their business practices arises from a limited yet significant record of legal disputes. In this blog, we will analyze the available data regarding complaints against the builder and provide insights for potential buyers.
Overview of Complaints and Legal Performance
As per the data available, W.T.C. Noida Development Company has a total of one registered complaint. This single complaint has led to a lost case for the builder, raising questions about its credibility and reliability in meeting consumer expectations.
Legal Case Details
- Complaint Summary:
- Appellant Claim: The complainant alleged that the builder delayed the possession of the unit and failed to pay assured returns as stipulated in the sale agreement.
- Respondent Claim: In response, the builder argued that the complaint was not maintainable and maintained that possession was handed over within the agreed timeline.
- Final Verdict: The authority partially upheld the complaint, mandating the builder to compensate the complainant with interest at a rate of 18% per annum on the delayed payments, alongside providing a certificate of deduction.
Analysis of Legal Trends
Patterns in Lost Cases
The sole case lost by W.T.C. Noida Development Company is centered around delays in possession and unmet financial agreements concerning assured returns. This scenario points to potential operational inefficiencies or miscommunication regarding timelines with buyers. It is clear that any failure to adhere to financial commitments could significantly affect the builder's reputation and consumer trust.
Patterns in Won Cases
While the builder currently has no cases won that reflect positively on their operations, the only legal outcome reflects a partial victory in which the authority recognized a degree of obligation from the builder to compensate the complainant. Thus, this outcome does not necessarily demonstrate a favorable standing for W.T.C. Noida Development Company in the eyes of the consumer or the legal system.
Conclusion: Overall Assessment of the Builder
Given the available data, W.T.C. Noida Development Company has experienced challenges in its dealings with consumers. Having one formal complaint resulting in a loss highlights possible issues with their project delivery and compliance with contractual obligations. While the builder operates in a competitive market, potential buyers should consider the possible risks associated with purchasing from a developer with such a legal history.
Tips for Potential Buyers
- Thorough Research: Before finalizing a purchase, ensure you do comprehensive research on the builder’s track record, including customer reviews and any legal disputes.
- Clear Documentation: Always obtain clear and detailed documentation concerning possession dates, assured returns, and other financial agreements to safeguard your investment.
- Consult Experts: Engage with real estate experts or legal consultants who can help navigate the complexities of property transactions and the credibility of the developers.
General Tips for Selecting Any Builder
- Check for Reviews and Ratings: Look for independent reviews of builders and their previous projects to gauge customer satisfaction.
- Evaluate Project Quality: Visit existing projects to assess their construction quality and adherence to timelines.
- Understand Financial Stability: Ensure the builder has a track record of financial stability to reduce the risk of project delays.
In summary, while W.T.C. Noida Development Company has initiated projects in Gujarat, potential buyers should proceed with caution, considering the builder's limited legal success and the implications it has on investment security.
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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 W.T.C. Noida Development Company Private, where the builder lost, reveals several key themes and patterns. The disputes primarily center around three topics: delayed possession claims, failure to honor financial agreements, and the maintainability of complaints.
Many of the cases involve claims of delayed possession, where buyers assert that the builder failed to deliver units on time. This is often coupled with a failure to provide assured returns, as stipulated in the purchase agreements. The builder's defense typically revolves around claims of timely possession and the non-maintainability of the complaints filed, yet the outcomes suggest a trend where buyers' rights in this regard are consistently upheld.
The reasons people commonly bring cases to court against this builder include contesting the delayed delivery of units, disputing the builder's failure to adhere to financial obligations, and questioning the builder's interpretation of what constitutes timely possession. A pattern emerges where buyers feel aggrieved by the builder's inability to meet contractual deadlines and fulfill monetary commitments, leading to a series of legal challenges.
The builder's losses in these cases can be attributed to several factors. Firstly, the builder has faced scrutiny over its adherence to agreed-upon timelines, with evidence often showing significant delays in possession delivery. Additionally, the builder's failure to honor assured return payments has been a critical point of contention, highlighting financial mismanagement or a lack of commitment to buyer satisfaction. The builder's repeated claims of non-maintainability of complaints suggest a defensive posture that has not resonated with the authorities, possibly indicating a misunderstanding of buyers’ rights or an attempt to obfuscate issues rather than address them directly.
Overall, this analysis paints a picture of a builder facing challenges related to project delivery timelines and financial accountability. Buyers considering projects from W.T.C. Noida Development Company Private should take these patterns into account, weighing the risks associated with potential delays and the builder’s financial commitments.
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 |
|---|---|---|---|---|---|---|---|
| CMP/Offline/Gandhin… | Gujarat | The complainant, Smt Vidya Ramakrishnan, filed a … | Delayed possession … | {"appellant_claim": "The complainant claimed that… | Smt Vidya Ramakrish… | Samawala's W.T.C. N… | https://drive.google.com/uc?id=1vH5A1M4n_OeJcgKuG4Ijq_j7OfRBNYel |