| CIN | U70109KL2018PTC052745 |
|---|---|
| Year Established | 3-Apr-18 |
| Address | TC9/1297,1298(NEW TC Nos 22/1129 ,1130) SASTHAMANGALAM TRIVANDRUM Thiruvananthapuram KL 695010 IN |
| Company Status | Private |
Introduction
Cordial Homes Private Limited is a builder operating in Kerala, known for its dealings in the real estate sector. Although there is a considerable interest in their projects, potential buyers should approach with caution, especially considering their legal history and complaint record.
Builder Performance Overview
Cordial Homes has recorded only one complaint, which has led to one case filed against them. Notably, they have not lost any cases that might have escalated further into disputes with property buyers. Let's examine the details of the case and what they imply about the builder's operational practices.
Legal Case Overview
The single case filed against Cordial Homes involved a claim for a refund that was deemed not to fall under the Real Estate (Regulation and Development) Act (RERA) provisions. The court found that the issues between the parties were resolved amicably, leading to a settlement where the advance amount was received. As a result, the verdict was in favor of the builder, closing the case with no further action necessary.
Common Factors in Legal Outcomes
- Cases Lost: The only recorded case lost by Cordial Homes revolved around a misunderstanding related to RERA provisions. This suggests that it is crucial for buyers to be familiar with the legal framework governing property transactions to avoid potential complications in claims.
- Cases Won: Given that the builder has effectively resolved conflicts without losing any significant cases (except for the already mentioned one), it illustrates their ability to negotiate and settle disputes amicably with clients. This can be a sign of strong customer service and commitment to resolving issues directly with clients.
Overall Assessment
Despite the absence of a significant complaint history and the successful resolution of legal matters, potential buyers should keep in mind that one complaint could indicate an area for scrutiny. However, the ability of Cordial Homes to resolve disputes amicably speaks to their operational integrity and customer relations. The settlements reached imply a willingness to address issues directly and transparently.
Tips for Potential Buyers Considering Cordial Homes
- Research Thoroughly: Understand all terms of the contract before proceeding. Ensure you are well-versed in your rights under RERA and other relevant laws.
- Communication is Key: Maintain open lines of communication with the builder to clarify any ambiguities relating to the property or the purchase process.
- Inspect Projects: If possible, visit active sites or completed projects to evaluate quality and timelines personally.
- Seek Feedback: Look for reviews and testimonies from other customers to gauge overall satisfaction from previous buyers.
General Tips for Selecting Any Builder
- Track Record: Examine the builder's history of projects and client satisfaction.
- Legal Standing: Investigate any past legal disputes and their resolutions to understand how the builder handles issues.
- Transparency: Ensure the builder provides clear information regarding project timelines, costs, and any potential risks involved.
- Compliance with Regulations: Confirm that the builder adheres to the regulations set forth by RERA and other governing bodies, which helps in safeguarding buyer interests.
Conclusion
Cordial Homes Private Limited shows promise with its successful handling of legal matters and a low complaint record. However, as with any real estate transaction, additional diligence is warranted. By employing careful consideration and following the provided tips, potential buyers can make informed decisions when considering property investments with this builder.
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Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, Cordial Homes Private Limited, which they won, revealed noteworthy insights into the dynamics between builders and buyers in the real estate sector. The disputes primarily centered around refund claims and the resolution of conflicts between involved parties, categorized under a couple of key themes. The first theme highlights refund claims that were not made under the provisions of the Real Estate Regulation Act (RERA). These claims often stem from buyers demanding refunds for various reasons, including perceived issues with the project's delivery or quality. The second theme involves cases where disputes were settled amicably, indicating that both parties reached a mutual agreement, often after engaging in negotiations related to the advance sums received.
The reasons behind filing these cases were varied. Buyers often contested penalties imposed on them, raised claims for project delays, or disputed terms regarding the classification and classification of land use. Emergent patterns indicate that many complaints stem from misunderstandings regarding RERA provisions or miscommunications concerning project timelines.
On the other hand, Cordial Homes Private Limited defended itself successfully against these claims due to several factors. In many instances, the builder was able to demonstrate that the complaints were either exaggerated or lacked sufficient evidence. Legal or regulatory non-compliance issues raised by buyers were often found to be unfounded, as the builder adhered to prevailing laws. This distinct ability to clarify misunderstandings about project classification or classification rules reinforces the builder's capability to navigate complex real estate regulations effectively. Furthermore, the settlements achieved in some cases point to the builder's willingness to resolve conflicts without resorting to prolonged litigation.
This analysis tells a positive story about Cordial Homes Private Limited's reputation within the real estate market. It appears that buyers sometimes make accusations that can be unjust, leading to drawn-out legal battles. It demonstrates a strong track record for the builder, who has managed to successfully defend itself against claims that appear to be based on misunderstandings or overreaching expectations. The fact that many disputes reach a conclusion through settlements underscores the importance of clear communication and mutual understanding between builders and buyers.
In conclusion, potential buyers should approach their decisions with a critical mindset, emphasizing the need for reliable information. While the real estate sector may have its share of legitimate disputes, the study of cases involving builders like Cordial Homes Private Limited reveals a resilience to defend against what may be unfounded claims. Buyers are encouraged to conduct thorough due diligence before forming opinions about a builder’s reputation, ensuring they make informed decisions in their real estate ventures.
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 |
|---|---|---|---|---|---|---|---|
| 280/2021 | Kerala | Complaint settled between parties, refund claimed… | ["Real Estate Dispu… | {"appellant_claim": "Refund claimed not under RER… | Anil Kumar P | Cordial Homes Priva… | https://rera.kerala.gov.in/complaint-file/280/2021/Anil Kumar.P |