| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the competitive landscape of real estate, potential homebuyers often face the difficult task of choosing a reliable builder. One such entity in this field is OM SAI BUILDERS & DEVELOPERS, which operates primarily in Chhattisgarh. This blog post will delve into the current standing of OM SAI BUILDERS & DEVELOPERS by analyzing its legal history and performance in terms of customer complaints and case resolutions.
Legal Case Overview
OM SAI BUILDERS & DEVELOPERS has recorded a total of 1 complaint, with 0 cases won and 1 case lost. The legal case details provided reveal that although there was one case filed against the builder, the outcome resulted in a closure due to the deposit of a penalty rather than a favorable ruling for them. This indicates a lack of success in defending their standing in disputes.
Summary of Legal Case
- Case Details: The only documented case initiated against OM SAI BUILDERS & DEVELOPERS concluded with a final verdict stating:
The case is closed as the penalty has been deposited.
This highlights that while the builder did not win the case, it managed to conclude the matter by paying a penalty.
Analysis of Legal Performance
Lost Cases
The pattern arising from the solitary lost case indicates significant challenges the builder faced. It suggests that customer dissatisfaction may have stemmed from issues related to contract fulfillment or quality of service provided, leading to legal action. The fact that there are no cases won suggests a need for greater diligence in addressing customer complaints and maintaining transparency during project execution.
Won Cases
Interestingly, while there is evidence of a case closure due to a penalty, there are no documented instances of cases won by OM SAI BUILDERS & DEVELOPERS. This absence is indicative of a broader trend where disputes may arise frequently without the builder effectively countering any claims made against them.
Conclusion
In light of the information available, OM SAI BUILDERS & DEVELOPERS presents a cautious picture for potential buyers. With only one complaint lodged and no successful defenses in legal matters, buyers should approach this builder with a degree of scrutiny.
Tips for Potential Buyers
- Conduct Thorough Research: Before making a purchase, investigate previous projects completed by the builder and seek feedback from past clients.
- Legal Precautions: Always seek a legal consultant's guidance when reviewing contracts to ensure all terms are clear and fair.
- Transparency and Communication: Engage in detailed discussions with the builder regarding project timelines, material quality, and after-sales service expectations.
General Tips for Selecting Any Builder
- Check Reviews and Ratings: Online reviews can provide insight into a builder’s trustworthiness and reliability.
- Verify Credentials: Ensure that the builder has all the necessary licenses and registrations to operate in your desired area.
- Assess Financial Stability: A builder’s financial health can impact the timely completion of your project. Look for evidence of financial backing or previous successful projects.
- Visit Current Projects: If possible, visit ongoing projects to get a better sense of the builder's construction standards and work ethic.
In conclusion, while OM SAI BUILDERS & DEVELOPERS may offer potential opportunities, it is critical for prospective buyers to remain vigilant and practices the aforementioned tips in their decision-making process.
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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 OM SAI BUILDERS & DEVELOPERS, which it lost, reveals several key themes across the various disputes. The cases can be broadly categorized into penalties for project delays, regulatory non-compliance, and disputes over land classification.
The first type of case frequently observed involves penalties for project delays. In these instances, the builder was held accountable for failing to complete projects on time, which led to the imposition of penalties. The underlying reasons for these delays were often attributed to mismanagement or inadequate planning by the builder, resulting in a failure to meet contractual obligations and timelines.
Regulatory non-compliance constitutes another significant theme in the builder's litigation history. This encompasses cases where the builder did not adhere to the required legal or regulatory standards, which raised concerns among the affected parties and led them to seek legal recourse. Non-compliance may have pertained to various aspects, such as construction practices, environmental regulations, or zoning laws.
Additionally, there were disputes over land classification that prompted legal action. These cases usually centered around the builder's interpretation of land use classifications or their failure to secure appropriate approvals for project developments. The disagreements in this area highlight the importance of clarity in legal definitions and proper documentation in real estate ventures.
A pattern emerges from these summaries indicating that the builder’s litigation often stems from contesting penalties and disputing delay attributions. The affected parties commonly felt that the builder had not fulfilled their commitments, leading to legitimate claims against them. Furthermore, the builder's insufficient evidence and failure to comply with legal requirements appear to be critical factors in their losses. These shortcomings not only necessitate a legal resolution but also strain building relationships and trust in the real estate market.