CORAL REALTORS PRIVATE LIMITED

Introduction

Coral Realtors Private Limited is a prominent name in the real estate sector, especially in Haryana. As with any builder in the market, it is crucial to evaluate their track record, especially concerning customer complaints and legal disputes. In this article, we analyze the builder's performance based on the number of complaints filed, cases won, and the outcomes of various legal cases.

Case Overview

Coral Realtors has been involved in a total of 5 complaints to date, all of which have ultimately resulted in a favorable outcome for the builder, as they won all 5 cases. This indicates a strong legal standing in terms of their response and resolution to complaints made against them. Here’s a closer look at the details of the legal cases that were filed against Coral Realtors:

Legal Case Details

1. Dispute Resolutions: The cases involving Coral Realtors generally revolved around issues claimed by complainants. However, in all instances, the builder successfully navigated these challenges, leading to settlements or withdrawals of complaints.
2. Final Verdicts: The outcomes were predominantly in favor of amicable settlements, with four cases being dismissed as withdrawn or resolved amicably without further disputes, showing an inclination towards resolution and cooperation from the builder. These outcomes reflect a pattern where disagreements were settled outside of court, indicating a preference for maintaining customer relationships.
3. Case Specifics：
   • The details of the disputes were mostly not disclosed, but highlighted expectations from both parties. Notably, the majority of decisions led to dismissal due to amicable resolutions, emphasizing the builder's effort to resolve issues directly with complainants.
   • One case involved a clear agreement stating that a complainant wished to withdraw their complaint after amicable discussions, which illustrates the builder's capability in mediating disputes effectively.

Patterns and Analysis

• Lost Cases: Each case that resulted in withdrawal reveals a trend where misunderstandings or issues were clarified through dialogue, demonstrating the builder's willingness to engage constructively with clients.
• Won Cases: The fact that there have been no losses in cases suggests a robust legal framework and preparedness on the part of Coral Realtors, affording them a favorable reputation in customer disputes.

Conclusion

Overall, Coral Realtors Private Limited has a commendable track record with no losses in legal disputes and a demonstrated ability to settle matters amicably. For potential buyers considering acquiring properties from Coral Realtors, these factors paint a reassuring picture.

Tips for Potential Buyers

1. Review the Builder’s Track Record: Look for builders with a history of resolving disputes amicably, as this hints at strong customer service and reliability.
2. Engagement in Open Communication: When considering transactions, opt for builders who prioritize communication and engagement in case of any disputes.
3. Visit Completed Projects: Inspect previously completed projects to assess quality and customer satisfaction firsthand.
4. Seek Legal Advice: Always consider having a real estate lawyer review agreements to ensure clarity in transactions.

General Tips for Selecting a Builder

• Research Reputation: Check online reviews and ratings from past clients.
• Verify Credentials: Ensure the builder is properly registered and adheres to local regulations.
• Examine Warranty Offers: Builders that provide warranties on their properties demonstrate confidence in the quality of their work.
• Ask Questions: Do not hesitate to ask for clarification on any terms or conditions that seem unclear during the buying process.

Final Thoughts

Choosing the right builder is pivotal in ensuring a satisfactory real estate experience. With Coral Realtors’ proven track record, potential buyers can consider them as a strong candidate for their property needs.

An analysis of the cases filed against the builder, Coral Realtors Private Limited, which the builder won, revealed the following information. The recurring disputes can be grouped into several common themes: Amicable Settlements, Withdrawal of Complaints, Dispute Resolution, and Claims of Issues with the Respondent. Most notably, many cases centered around complaints that were eventually resolved through amicable agreement, often resulting in the withdrawal of the complaints by the opposing parties.

The reasons for bringing these cases to court seem to revolve around disagreements between buyers and the builder, which often stemmed from claims about various issues related to project progress or property conditions. The patterns that emerged indicate that many complaints were likely made without full understanding or resolution of the matters at hand, as several were recounted as being amicably resolved or withdrawn without further contention.

In analyzing why Coral Realtors was able to win these cases, it becomes clear that the builder effectively defended itself against claims that often lacked sufficient evidence. In instances where issues were claimed, the builder's ability to show amicable settlements, sometimes before litigation escalated, played a critical role. Furthermore, the frequent withdrawal of complaints suggests that many cases may have been based on misunderstandings that were corrected through direct communication rather than adversarial proceedings.

This analysis reflects positively on Coral Realtors Private Limited's reputation, suggesting that while buyers sometimes make false or exaggerated claims against builders, the builder has maintained a strong track record in defending itself against unjust accusations. It highlights a reality in the real estate market where disputes can arise from miscommunications or loss of confidence, rather than actual malfeasance.

In conclusion, potential buyers are advised to approach real estate transactions with due diligence and informed judgment. While there are indeed legitimate disputes within the market, the experiences of Coral Realtors Private Limited reinforce the importance of discerning factual information before forming conclusions about a builder’s reputation. Engaging with clients, conducting thorough research, and understanding the landscape can help buyers make better decisions.