CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Faith Builders & Realties Private Limited operates within the real estate sector in Madhya Pradesh and is notable for its legal performance in consumer complaints. The company has received a minimal number of complaints, managing to maintain a positive track record in legal processes.
The builder has faced only one complaint, indicating a strong customer satisfaction rate and effective communication strategies that may contribute to fewer disputes.
Details of Legal OutcomeIn the sole case documented, the applicant sought to withdraw their application after filing a similar complaint in the District Consumer Forum. Consequently, the M.P. Real Estate Regulatory Authority permitted the withdrawal and dismissed the case. This outcome suggests that the builder’s actions did not warrant any defensive legal action, showcasing their ability to resolve matters without conflict.
Success RateGiven that there is only one documented case won, it was primarily characterized by the applicant's decision to withdraw, reflecting perhaps a lack of substantial evidence or dissatisfaction on their part regarding the builder. The absence of adverse judgments implies that Faith Builders & Realties maintains a reputable standing with its clientele and possibly adheres well to regulatory standards.
Common Factors in the Cases LostSince there has been no case lost by the builder, it demonstrates a commendable capability in preemptively addressing grievances or managing customer expectations effectively, further establishing its positive reputation.
In conclusion, Faith Builders & Realties Private Limited has established itself as a reliable entity in the real estate market of Madhya Pradesh. With one complaint that resulted in withdrawal, their performance illustrates a focus on customer satisfaction and compliance with real estate regulations.
For those considering a purchase from Faith Builders & Realties, here are a few recommendations:
Faith Builders & Realties Private Limited demonstrates a noteworthy commitment to consumer satisfaction and ethical practices in the real estate industry, making it a viable option for prospective homeowners.
Yearly Trend for these Cases
An analysis of the cases filed by the builder, Faith Builders & Realties Private Limited, which they won, revealed several key insights into their legal disputes. The cases were generally focused on two main themes: the withdrawal of complaints and disputes with consumer forums. In the sole case summarized, the applicant sought to withdraw their application after filing a similar complaint in a different forum. This indicates that some disputes may stem from buyers attempting to change their approach after initial legal actions have been initiated.
The builder seems to bring cases to court primarily to contest actions taken by buyers that may be perceived as an overreach or as an attempt to sidestep existing legal remedies. The withdrawal of a case by an applicant could suggest that a significant portion of legal disputes may not stem from concrete grievances but rather from misunderstandings or attempts by buyers to gain leverage over builders without solid grounds.
The reasons the builder commonly wins these cases appear to include a lack of sufficient evidence from the opposing party and compliance with legal standards on their part. The dismissal of the case following the withdrawal request demonstrates that, where claims are unsupported or unfounded, builders can effectively defend their positions. This also highlights that builders face assertions from buyers that, depending on the situation, may be exaggerated or misplaced.
This analysis points towards a noteworthy aspect of Faith Builders & Realties Private Limited’s reputation. It suggests that the builder has a robust ability to defend itself against claims that are unjustifiably pursued by buyers. In the broader context of the real estate market, this scenario illustrates that buyers can sometimes make false accusations, which fosters an environment of legal contention that builders must navigate.
In conclusion, potential buyers should be counseled on the importance of making informed decisions in the real estate market. While genuine disputes do occur, the successful defense of Faith Builders & Realties Private Limited against such claims exemplifies that builders can often emerge victorious when faced with baseless accusations. Buyers are encouraged to carefully evaluate claims and seek reliable information before forming opinions about a builder's credibility.
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