| CIN | U70102MH1988PTC048870 |
|---|---|
| Year Established | 19-Sep-88 |
| Address | NO 1 RAJKAMALOPP UNIVERSITY CAMPUS C S T RD KALINA , MUMBAI, Maharashtra, India - 400098 |
| Company Status | Private |
A Comprehensive Review of AYG Realty Private Limited: Performance and Insights
AYG Realty Private Limited is a prominent real estate builder based in Maharashtra, renowned for its commitment to quality and customer satisfaction. With a notable presence in the local market, this builder has gathered attention for its relatively straightforward track record in the legal arena. In this blog post, we delve into the builder's performance through its legal cases and provide insights for potential buyers.
Legal Performance Overview
Total Complaints: 1 Cases Won: 1 Cases Lost: 0
AYG Realty has encountered only one legal complaint, which they successfully resolved, showcasing a strong performance in legal matters related to their projects.
Legal Case Insights
- Case Summary:
- The single legal case involved an appeal which was eventually withdrawn by the parties after reaching a compromise. The nature of the appellant and respondent claims is not specified, but the successful resolution of this case illustrates the builder's capability to engage in constructive dialogue and arrive at mutually agreeable outcomes with other parties involved.
- Pattern of Winning:
- The successful resolution of the case indicates good negotiation skills and a preference for amicable settlements rather than prolonged disputes. This could reflect positively on AYG Realty’s approach to managing customer relations and their willingness to address issues proactively.
- Absence of Lost Cases:
- The absence of lost cases suggests that the builder has maintained a sound operational framework, leading to fewer disputes and complications arising from their projects. This track record may also inspire confidence in potential buyers regarding the reliability of their investment.
Conclusion: Overall Assessment
Based on the provided data, AYG Realty Private Limited appears to be a dependable builder with a singular focus on resolving conflicts amicably. With no lost cases and only one complaint which was resolved successfully, prospective buyers can view this builder's track record positively.
Tips for Potential Buyers
- Research Thoroughly: Even with a solid track record, it’s essential to go beyond numbers. Investigate the builder’s past projects, customer reviews, and reputation in the market.
- Review Documentation: Ensure all project-related documents are clear and honest, including agreements, plans, and permits.
- Engage in Communication: Don’t hesitate to engage with the builder directly. Asking questions regarding the project timelines, materials used, and post-purchase support can provide deeper insights.
- Consult with Legal Experts: Before making a purchase, it’s wise to consult with legal professionals who can provide guidance on contracts and agreements.
General Tips for Selecting Any Builder
- Check Legal Background: Always verify any legal issues a builder might have faced in the past, as this can indicate how they resolve conflicts.
- Look for Transparency: A reputable builder should provide clear information regarding project specifications, pricing, and timelines.
- Inspect Previous Projects: Visit completed projects to assess quality firsthand and speak to existing homeowners about their experiences.
In conclusion, AYG Realty Private Limited demonstrates a strong legal standing with a customer-friendly approach, making them a noteworthy option for potential buyers in Maharashtra. By conducting thorough research and remaining vigilant in the purchasing process, buyers can safeguard their investments effectively.
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Here you’ll find cases where the builder sued others and won. We’ve included a summary and key insights from each case.
An analysis of the cases filed by the builder AYG Realty Private Limited, which it won, revealed the following information.
The primary theme that emerged from these cases is that of Case Withdrawals and Compromises. In the sole case summarized, the parties reached a compromise resulting in the withdrawal of the appeal rather than a definitive verdict on the claims and defenses presented.
This implies that AYG Realty Private Limited often encounters disputes that are resolved out of court, highlighting the potential for negotiation and compromise before the matter escalates to a full-blown legal battle. While concrete details on claims and defense were not provided, the mere fact that disputes were managed through negotiation indicates the builder's willingness to work collaboratively with respondents to resolve issues.
The common reasons for these cases likely revolve around differing interpretations of contractual obligations, project timelines, and compliance with regulatory standards. The builder may face claims over penalties or delays; however, the willingness to withdraw cases suggests a strategic approach to mitigate unnecessary legal entanglements. It demonstrates a pattern whereby the builder may contest claims it views as unjust or exaggerated, ultimately leading to resolution through mutual agreement.
While it appears AYG Realty Private Limited has not failed in court—at least in terms of publicly reported results—this analysis certainly hints at a builder that understands the importance of protecting its reputation through satisfied engagements with buyers, or in this case, respondents.
This trend reflects an important aspect of the broader real estate market, where misunderstandings can arise easily between builders and buyers. Occasions arise where buyers may present claims that exaggerate issues, leading to legal disputes. However, the builder, AYG Realty Private Limited, has demonstrated an ability to defend itself effectively against such claims, signaling a robust capacity to engage in the real estate market without relying solely on litigious outcomes.
For potential buyers considering AYG Realty Private Limited, it is crucial to make informed decisions. The analysis indicates that while there are legitimate disputes within the real estate sector, AYG Realty Private Limited appears equipped to handle accusations and defend its standing effectively. Prospective buyers should be cautious about claims, seeking comprehensive information before making judgments about any builder's reputation.
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 |
|---|---|---|---|---|---|---|---|
| ATO06-93913 | Maharashtra | The appeal was withdrawn by the parties after the… | ["Compromise", "Wit… | {"appellant_claim": "Not provided", "respondent_c… | AYG Realty Private … | Olvy Fernandes | https://drive.google.com/uc?id=1_vwndvlwH25ZnLX02dXDgVsXbHi7C2tl |