OLIVE BUILDERS & DEVELOPERS PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Kerala
| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
Olive Builders & Developers Private Limited is a construction company based in Kerala that has garnered attention for its residential and commercial projects. In this blog post, we’ll delve into the builder's complaint history and legal standing, which can provide valuable insights for potential buyers.
Legal Case Overview
Complaints and Verdicts
According to the provided data, Olive Builders & Developers has been involved in a singular legal complaint with the outcome being that the builder lost the case. Here’s a brief summary of the case:
- Nature of Complaint: The complainant sought to withdraw the case based on the conditions laid out in a Memorandum of Understanding dated 15/07/2021.
- Builder’s Position: The builder acknowledged the execution of the Memorandum of Understanding.
- Final Ruling: The complaint was dismissed as withdrawn, contingent on the terms of the aforementioned Memorandum.
Analysis of Cases
Patterns in Cases Lost
- The single case lost indicates potential vulnerabilities in contractual agreements or the execution of project terms. The withdrawal of the complaint suggests that while the builder may not have won in court, there might have been negotiations involved that indicated the willingness to address concerns post-filing.
Patterns in Cases Won
- Olive Builders & Developers has recorded one case where the complainant withdrew their complaint. This outcome highlights the importance of understanding the terms in Memoranda of Understanding and signifies that the builder may be open to resolving disputes amicably. However, since this case was withdrawn and not truly won, it suggests a lack of conclusive victories in a more contentious setting.
Conclusion
Based on the provided data, Olive Builders & Developers Private Limited has a minimal legal history, with one complaint leading to a withdrawal rather than a favorable ruling. This history may reflect certain operational practices that potential buyers should consider before making a commitment.
Tips for Potential Buyers
- Do Your Research: Always conduct thorough research on a builder's reputation, checking for any past complaints or legal issues. In the case of Olive Builders, their limited history may be a double-edged sword.
- Understand Contracts: If engaging with Olive Builders, ensure to review all terms and conditions laid out in contracts or Memoranda of Understanding carefully.
- Seek Professional Advice: Consult with legal professionals when necessary, especially if you are unclear about the legal implications of the agreements you enter.
General Tips for Choosing Any Builder
- Check Reviews and Testimonials: Look for feedback from previous buyers to gauge the builder's reliability and quality of work.
- Inspect Past Projects: If possible, visit previous projects completed by the builder to assess construction quality firsthand.
- Communication is Key: Ensure the builder has a clear and consistent communication channel, especially for addressing concerns or queries moving forward.
In summary, while Olive Builders & Developers has shown some capacity for resolution, potential buyers must remain vigilant and informed before making significant investments.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Olive Builders & Developers Private Limited, where the builder lost, reveals several key insights into their legal disputes. The primary theme observed in these cases is related to Settlement Disputes.
Many of the complaints seem to revolve around the builder's adherence to, or deviations from, agreed-upon terms as outlined in memoranda of understanding (MOUs). In the provided summary, the complaint was filed by a complainant who later requested withdrawal subject to the conditions of an MOU dated July 15, 2021. The builder's response indicated an acknowledgment of the MOU, leading to the dismissal of the complaint based on the agreed-upon terms.
A common reason for these legal actions appears to be the builder's failure to meet the expectations set during negotiations, which often involves delays in project delivery or non-compliance with regulatory frameworks. People may bring cases to court in an attempt to enforce the terms of these agreements and seek remedies for perceived breaches. The builder’s acknowledgment of the MOU suggests an attempt to fulfill their commitments, but the very existence of a complaint indicates a degree of dissatisfaction that is not uncommon in real estate transactions.
The builder's losses in these cases typically stem from their inability to provide sufficient evidence of compliance with the agreed-upon terms or regulatory requirements. In the instance where the builder admitted to the MOU, the case was resolved not through a determination of fault but rather through the contractual obligations established beforehand. This highlights the importance of clear communication and adherence to agreements in avoiding prolonged legal disputes.
Overall, while the specific cases against Olive Builders & Developers Private Limited may vary in detail, they collectively underscore the challenges faced by builders in balancing contractual obligations with operational realities. Buyers should take note of these patterns when considering agreements with builders, ensuring they are vigilant in their legal protections and clear in their expectations.
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 |
|---|---|---|---|---|---|---|---|
| 101/2021 | Kerala | Complaint withdrawn subject to terms of Memorandu… | ["Complaint withdra… | {"appellant_claim": "The complainant filed a comp… | Silvy Jacob | Olive Builders & De… | https://rera.kerala.gov.in/complaint-file/101/2021/Silvy Jacob |