Understanding Wave Megacity Centre Private Limited: A Legal Perspective and Buying Tips

When considering real estate investments, the reputation and track record of a builder play a vital role in ensuring a smooth buying process and future enjoyment of the property. In this post, we delve into the legal standing and performance of Wave Megacity Centre Private Limited based on their complaint history and case outcomes.

Builder Overview

Wave Megacity Centre Private Limited operates in two states: Delhi and Uttar Pradesh. With a total of 2 complaints lodged against them, the builder holds a balanced record, having won 1 case and lost another.

Legal Case Analysis

Cases Lost

• Total Cases Lost: 1
• Summary: The sole case loss involved a complaint that was dismissed due to jurisdictional issues. This indicates that while the builder may have had legitimate defenses or arguments, the legal framework in question prevented the case from being adjudicated effectively. Such a scenario often points to potential procedural oversights rather than issues with the builder’s core operations.

Cases Won

• Total Cases Won: 1
• Summary: In the winning case, the appellant challenged a Regulatory Authority's directive for a refund of a deposited amount. The builder's response was that the order was incorrect and that the authority had maintained jurisdiction. Ultimately, the Tribunal set aside the previous order and remanded the case for further proceedings, indicating that the builder successfully navigated the complaint in a way that suggests adherence to regulatory frameworks.

Patterns and Common Factors