CIN | Not Available |
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Year Established | Not Available |
Address | No 130/2 Halasuru Road Bangalore North Karnataka 560042 |
Company Status | Not Available |
Overall Case Outcomes
When considering a real estate investment, understanding the track record of the builder can significantly impact your decision. This blog post delves into the background and performance of Provident White Oaks LLP, a builder operating in Karnataka, focusing on their legal history and the implications for potential buyers.
Provident White Oaks LLP is a builder primarily active in Karnataka, known for its residential projects. The company has been involved in legal matters concerning its delivery of services, specifically highlighted by the one legal complaint on record.
The builder has faced one substantial complaint:
This gives us an important insight: while the builder has faced complaints, they have managed to resolve them outside the courtroom, which could indicate a willingness to work with buyers in a collaborative manner.
The real estate landscape is fraught with complexities. While Provident White Oaks LLP currently has a single complaint with no cases won, the resolution of that case signifies a proactive engagement with customers. However, potential buyers may approach with a degree of caution given the existing record.
By keeping these considerations in mind, buyers can make informed decisions and foster a more positive experience in the real estate market.
Yearly Trend for these Cases
Analysis of the cases filed against Provident White Oaks LLP, where the builder lost, reveals several key themes and key pieces of information across the board. The cases highlight ongoing challenges faced by the builder, particularly in relation to their project 'Provident Ecopolitan Phase 1'.
The primary disputes can be grouped into two main topics: 'Refund and Interest Claims' and 'Project Delay Disputes'. In the case of 'Refund and Interest Claims', the appellant sought a refund along with interest for the project 'Provident Ecopolitan Phase 1'. This indicates that one of the common reasons people brought cases to court was dissatisfaction with the builder's performance, resulting in claims for financial reimbursement.
'Project Delay Disputes' is another significant theme, as it often correlates with claims for refunds or penalties. Delays in project completion can stem from various factors, including mismanagement, unforeseen circumstances, or disputes over regulatory compliance. In the case of Provident White Oaks LLP, the specific defense was not provided, but generally, builders contest delay allegations by attributing the cause to other parties involved in the project or by citing circumstances beyond their control.
A pattern that emerges from these summaries is that common triggers for litigation include delays in possession of property and financial disputes regarding project costs and refunds. Builders often face litigation when there is a failure to meet contractual obligations, particularly concerning timely project delivery.
The builder lost the case due to an resolution reached between the parties, indicating that while the builder's defense may have been insufficient to counter the claims in a courtroom setting, they were able to negotiate a resolution that presumably satisfied both parties. This highlights the importance of effective communication and negotiation in real estate disputes. Overall, this analysis underscores the need for potential buyers to exercise diligence when engaging with builders, ensuring they are aware of any ongoing disputes and the builder’s track record regarding timely project delivery and customer satisfaction.
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