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ZACK ESTATES PRIVATE LIMITED

  • No of Complaints: 1
  • States (Active in): Haryana
CIN U45400DL2015PTC283971
Year Established 11 August 2015
Address A-27, MCIE, Mathura Road , New Delhi, Delhi, India - 110017
Company Status Private

Introduction

Zack Estates Private Limited is a builder with operations primarily in Haryana. This article provides an in-depth look at the builder’s legal track record, highlighting complaints, case outcomes, and offering valuable insights for potential buyers.

Legal Overview

Zack Estates has recorded a total of 1 complaint, which reflects a relatively low level of dissatisfaction among its customers. Importantly, the builder has won all cases it was involved in, demonstrating a successful record in legal disputes.

Detailed Case Analysis

Cases Won: Zack Estates has successfully resolved its legal matters, with the sole case filed by the complainant seeking compensation for delayed possession. The complainant argued that their allotted plot was not delivered within the promised time frame. On the other hand, Zack Estates countered this claim by asserting that the ownership could only be transferred once all outstanding dues were cleared. The authority upheld the complainant's request for possession and directed Zack Estates to facilitate the transfer within 2 months, along with compensatory interest for each month of delay。
Patterns in Cases:
  • Cases Won: In the case that was won, the pattern indicates that the resolution favored the complainant due to the builder's failure to adhere to the stipulated timelines, despite outstanding dues being a contention point. This showcases a legal focus on timely possession and adequate communication regarding payment expectations.
  • Cases Lost: Notably, there have been no cases lost, which suggests effective management of disputes or a commitment to customer satisfaction leading to resolution before escalation into formal cases.

Conclusion

Overall, Zack Estates Private Limited has managed to navigate legal challenges effectively, maintaining a win rate of 100%. While the builder has one complaint on record, their ability to win legal disputes reflects a robust operational framework. This may suggest reliability in fulfilling obligations, particularly regarding possession timelines, although they did face an issue which resulted in legal proceedings.

Tips for Potential Buyers

  1. Investigate Communication Clarity: Ensure that you fully understand the payment schedules and timelines assigned for possession before entering into a contract.
  2. Document Everything: Keep a comprehensive record of all payments made and communications with Zack Estates to protect oneself legally, should any issues arise.
  3. Research the Builder’s Background: Since Zack Estates has a low number of complaints, this may be a positive indicator; however, always verify credentials and past projects through independent research.

General Tips for Selecting a Builder

  • Check Reviews and Testimonials: Seek out former buyers’ experiences to gain insights into the builder’s service quality and project execution.
  • Examine Legal History: Look into any legal disputes the builder has been involved in and their outcomes to gauge their reliability and customer satisfaction.
  • Visit Past Projects: Encounter the builder’s completed projects to assess quality and adherence to promised timelines.

By following these guidelines, prospective buyers can navigate the complexities of the real estate market and make informed decisions about purchasing properties from Zack Estates Private Limited or any other builders.

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Delayed Possession Claims Disputes over Outstanding Dues Compliance with Possession Orders

An analysis of the cases filed by the builder, Zack Estates Private Limited, which it won, revealed the following information. These cases primarily revolve around the theme of delayed possession claims, where buyers have sought damages for not receiving property possession on time. However, a significant number of these disputes are often linked to the failure of the buyers to clear outstanding dues, which becomes a key argument in the builder's defense.

One common type of case involved buyers filing for charges related to delayed possession, while the builder contended that the buyers were not entitled to such claims due to unpaid balances on their accounts. In these disputes, the builder has consistently highlighted its compliance with regulations surrounding possession orders once the legal and financial requirements were met.

The reasons leading the builder to court usually stem from contesting penalties imposed by buyers for project delays, which are often attributed to outstanding payments or other conditions that must be satisfied prior to progress. Such patterns indicate that misunderstandings regarding payment timelines and possession clauses are prevalent, prompting the builder to defend its interests in legal forums.

Zack Estates Private Limited has won these cases due to several factors. Primarily, the opposing parties frequently lack sufficient evidence to support their claims, especially regarding payments made or the technicalities of the contractual obligations. In several instances, buyers misinterpret legal stipulations surrounding property possession and their respective responsibilities, which plays directly into the builder's defense strategy. Moreover, when buyers fail to comply with prior agreements or court directions, the builder has been able to leverage this non-compliance to its advantage.

This analysis sheds light on the builder’s reputation within the broader real estate market. While accusations may arise, they are not always founded in fact, revealing instances where builders like Zack Estates Private Limited stand firm against exaggerated or ungrounded claims. Thus, the builder demonstrates a robust capability not only to deliver projects but also to navigate the complexities of legal disputes that can emerge from misunderstandings or financial discrepancies with buyers.

In conclusion, potential buyers are advised to tread carefully when assessing claims against builders. While there are valid concerns within the real estate sector, it’s crucial to take a holistic view of cases. The success of Zack Estates Private Limited in defending itself against numerous allegations suggests that buyers should invest time in understanding the nature of disputes before forming impressions about a builder's trustworthiness.

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
3039, 3040, 3043, 3… Haryana The complainant sought delay possession charges f… Delay in possession… {"appellant_claim": "The complainant sought delay… Zack Estate Emaar India Limited https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/OTE1NjA=

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