| CIN | U70101PB2001PTC037345 |
|---|---|
| Year Established | 5-Jul-01 |
| Address | A-12, Industrial Area Phase - VI, MOHALI Mohali PB 160055 IN |
| Company Status | Private |
Introduction
In the ever-evolving real estate market, understanding the background and performance of builders is crucial for prospective homeowners. This blog post delves into the performance of WWICS Estates Private Limited, offering insights based on available complaint data and legal cases.
Legal Case Overview
WWICS Estates Private Limited has faced a total of 1 legal complaint. Here’s a breakdown of the outcomes:
- Total Complaints: 1
- Cases Won: 0
- Cases Lost: 1
Specific Case Details
The only case available against WWICS Estates was filed by a respondent, resulting in a loss for the builder. Notably, the final verdict of this case revealed that it was withdrawn as a settlement was reached between the parties involved. This indicates an attempt to resolve issues amicably, though it also suggests unresolved disputes regarding the builder's practices.
Analysis of Legal Performance
Cases Lost
- Pattern: The single documented case lost by WWICS Estates signifies a lack of favorable outcomes in legal disputes, pointing toward potential customer dissatisfaction or unaddressed claims. Since there is only one case to analyze, this limitation restricts identifying multiple patterns. However, it does highlight a scenario where the builder faced challenges regarding contractual obligations or service quality.
Cases Won
- Pattern: The builder has no recorded legal victories, which could raise concerns for potential buyers. Even though the case was settled out of court, it still emphasizes the importance of understanding the builder's legal standing in the market. An absence of winning cases could suggest recurring issues in meeting customer expectations.
Conclusion
Based on the provided data, WWICS Estates Private Limited stands on shaky ground regarding customer trust and legal performance. With a complaint ratio of 100% and no victories in court, potential buyers should exercise caution. It’s vital to thoroughly investigate the builder’s history and assess their reliability before deciding to make a purchase. Here are a few tips for prospective buyers considering WWICS Estates:
Tips for Potential Buyers
- Research Thoroughly: Look into customer reviews, past projects, and overall reputation in the real estate market.
- Ask for References: Speak to previous clients to gauge their experiences and satisfaction levels with WWICS Estates.
- Inspect Completed Projects: If possible, visit completed developments to evaluate the quality of workmanship and materials used by the builder.
- Review Legal Standing: Be aware of any legal complaints or disputes, and understand how they resolved in the past.
General Tips for Selecting Any Builder
- Verify Credentials: Check for licenses, registrations, and industry certifications to ensure legitimacy.
- Assess Financial Stability: A financially stable builder is essential for long-term project success.
- Transparency in Communication: Choose a builder that is open and transparent about their processes and timelines.
- Understand Warranty and Service Terms: Clear warranty policies and post-sale service details can be vital in ensuring buyer protection.
In conclusion, while WWICS Estates Private Limited may have projects to offer, the present lack of favorable legal outcomes suggests that potential buyers should proceed with caution and diligence.
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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 WWICS Estates Private Limited, where the builder lost, reveals several key points of interest. The cases can be broadly categorized into two main themes: Delayed Possession Claims and Settlement Cases.
The first type, Delayed Possession Claims, typically involves disputes over the builder's failure to deliver units to buyers within the promised timeline. While specific details of the claims have not been provided in the summary, it is common in such cases for buyers to seek compensation for the emotional distress and financial burdens caused by delays. They may also contest penalties imposed by the builder for delays that buyers believe are attributable to other factors beyond their control.
The second theme, Settlement Cases, encompasses instances where legal action was taken but ultimately settled without escalating to a full trial. In these scenarios, it’s often found that buyers and builders reach an agreement after negotiations, which could involve the builder fulfilling certain obligations, providing guarantees for timely possession, or agreeing to reimburse buyers for overrun costs. The very nature of settlements indicates a willingness by both parties to resolve disputes amicably, highlighting a trend where direct negotiation can be a preferred method of resolution over prolonged litigation.
A pattern that emerges from these cases is the common trigger of dissatisfaction with the builder's performance, particularly concerning timelines and communications regarding project updates. Buyers are more likely to file cases when they feel their expectations have not been met or when there is a lack of transparency in the building process.
As for why the builder lost these cases, the lack of specifics in the summary suggests a few general reasons that are typically observed in real estate disputes. Builders often lose cases due to insufficient evidence to support their claims, failure to comply with legal or regulatory requirements, or inability to meet project timelines as promised. In scenarios where settlements are reached, it may also indicate that the builder preferred to negotiate rather than risk the uncertainties of a court verdict, perhaps reflecting a acknowledgment of potential shortcomings or failures in their operations.
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 |
|---|---|---|---|---|---|---|---|
| AdC No.0022 of 202/… | Not provided | The complainant, Ruhi Bhutani, has withdrawn the … | ["Withdrawal of cas… | {"appellant_claim": "Not provided", "respondent_c… | Ruhi Bhutani | WWICS | https://rera.punjab.gov.in/rera/rwdataOrdersJudgements\2022\N2849\/20221118FormM_OJbyAuthb9dd8aa2-8693-4a76-8c93-54737b6ddca4.pdf |