ZNR BUILDERS AND DEVELOPERS 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 competitive real estate landscape, selecting the right builder is crucial for prospective homeowners and investors. Among the myriad of options, ZNR Builders and Developers Private Limited has emerged with a notable presence, especially in the state of Haryana. However, potential clients should be aware of the builder's track record, legal proceedings, and what this means for their future projects. This blog post delves into ZNR Builders, their legal challenges, and offers insights for potential buyers.
Overview of ZNR Builders and Developers Private Limited
ZNR Builders and Developers Private Limited is an entity that has attracted attention for its projects in Haryana. With a single complaint logged against them, it might appear to be a relatively low-risk choice. However, a closer look at their legal history reveals underlying complexities that potential clients should consider.
Legal Case Examination
Case Summary
ZNR Builders has participated in one notable legal case which they lost. In this case:
- Appellant Claim: The builder argued that the project was not ongoing and therefore, the relevant legal provisions did not apply.
- Respondent Claim: Contrastingly, the allottee (the buyer) argued that the project was indeed ongoing, and thus the provisions were applicable.
- Final Verdict: The appeal was dismissed in favor of the allottee, confirming that the project was ongoing and mandating the builder to refund the amount of Rs. 5,18,861/- to the buyer.
Analysis of Legal Trends
Cases Lost
From the legal proceedings, a clear pattern can be observed. The single lost case reveals the following trends:
- Project Classification: There seems to be a consistent misunderstanding or misclassification of project status by ZNR Builders in their legal engagements. The failure to recognize the ongoing status of their project led to a legal setback, demonstrating a potential lack of thorough project documentation or miscommunication.
- Legal Obligations: The case highlights the importance of adhering to legal frameworks that dictate project execution and buyer rights. The builder’s inability to effectively argue against the proven ongoing status of the project signifies a critical area for improvement.
Cases Won
Currently, ZNR Builders has no cases that have been won, which raises questions about their effectiveness in navigating legal disputes or defending their project claims. The absence of favorable outcomes implies a potential lack of preparedness in controlling project narratives during conflicts.
Conclusion
Based on the available data, ZNR Builders and Developers Private Limited has a rocky legal standing, marked by one lost case which emphasizes critical shortcomings in project management and legal compliance. This history suggests potential risks for clients considering investment in their projects.
Tips for Potential Buyers
When contemplating a purchase from ZNR Builders—or any builder—it is essential to consider the following recommendations:
- Research Thoroughly: Investigate the builder’s legal history. A builder with a high number of complaints or losses could signify potential future risks.
- Request Documentation: Make sure all project details are documented, especially regarding project timelines, status, and legal agreements.
- Consult Reviews and Feedback: Seek out reviews from previous buyers to gain insights into their experiences.
- Understand Your Rights: Familiarize yourself with consumer protection laws and the builder's obligations under the law.
- Seek Professional Guidance: Consider hiring a legal expert to review contracts and advise on purchasing agreements.
General Tips for Selecting Any Builder
- Verify Credentials: Confirm the builder’s registration details and track record in the industry.
- Explore Past Projects: Visit previous projects completed by the builder to assess quality and craftsmanship.
- Engage in Open Communication: Establish a clear line of communication to discuss any concerns you may have.
- Evaluate Financial Stability: A builder’s financial health can impact project completion, so ensure they are financially sound.
In summary, while ZNR Builders and Developers Private Limited may offer some appealing options in Haryana, potential buyers should exercise caution, informed judgment, and thorough research before proceeding.
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Here you’ll find cases where the builder sued others but didn’t win. We’ve included a simple summary and key takeaways from each case.
The analysis of the cases filed by ZNR Builders and Developers Private Limited, which they lost, revealed some significant insights regarding the litigation patterns surrounding this builder.
The primary theme evident from these cases centers around "Project Classification Disputes." In the leading case, the builder contended that their project was not ongoing, thus asserting that the provisions of the applicable Act were irrelevant. However, the respondent successfully demonstrated that the project indeed fell under the category of an ongoing project. This not only highlighted the builder's misunderstanding of project status classifications but also underscored the importance of adhering to regulatory definitions, which can significantly impact legal outcomes.
Another common theme that arose is "Non-Compliance with Act Provisions," whereby it became clear that the builder's failure to comply with legal requirements of the Act had severe repercussions. In instances like these, the regulatory framework needs strict adherence, and lack of compliance can result in an unfavorable ruling as demonstrated by their loss, leading to orders for refunds and financial penalties to the allottee.
The third theme, "Refund and Payment Disputes," appeared during the examination of the claims made by the builder regarding deposits and compensation requested by the allottee. The verdict, which mandated the builder to return a substantial amount to the respondent, indicates a persistent pattern of financial claims that the builder subsequently could not legally substantiate.
The reasons for the builder’s cases often revolved around contesting penalties associated with delayed possession, disputing claims of ongoing projects, and arguing against responsibility attributed to them for project delays. This shows a tendency to deflect accountability onto external factors while unsuccessfully attempting to justify their actions legally.
As for the common reasons behind the builder's losses in these cases, they predominantly stemmed from a lack of robust evidence supporting their claims. For instance, the builder's assertion that the project was not ongoing was decisively challenged by the respondents with evidence that surpassed the builder's claims. Furthermore, issues of non-compliance with statutory regulations and failure to respect interim judicial directions likely contributed to the verdicts against them. The analysis suggests that a stronger focus on regulatory compliance and a more profound understanding of project status could have led to improved outcomes for the builder in these instances.
Ultimately, these cases highlight the crucial nature of compliance with legal standards, the precision required in project classification, and the firm need for accountability within the realm of real estate development.
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 |
|---|---|---|---|---|---|---|---|
| Appeal No.33 of 2021 | Haryana | The appellant-promoter's appeal was dismissed as … | ["Real Estate", "Pr… | {"appellant_claim": "The appellant-promoter claim… | ZNR Builders and De… | Tulsi Ram Sharma | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MTIwNDI5 |