| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the world of real estate, the reputation of a builder can significantly influence the decision of potential buyers. This blog post delves into the performance of Reliable Developers, a prominent builder operating in Karnataka, analyzing their legal track record, feedback from clients, and the overall implications for prospective customers.
Overview of Reliable Developers
Reliable Developers operates primarily in the state of Karnataka, with a noticeable presence in the local property market. With a modest number of complaints (2) and a perfect record in terms of cases won (also 2), the builder appears to maintain a level of credibility. However, a closer examination of their legal disputes reveals valuable insights into their operational practices.
Legal Case Details
Summary of Complaints
- Case One: The first complaint involved a request for the return of a booking amount with interest. The developer contended that the complainant had received their full amount back, leading to a situation where the case was eventually closed after the complainant confirmed receipt of the funds.
- Case Two: The second case revolved around an allegation that the complainant did not receive the full amount per their mutual agreement. The builder claimed that they had adhered to the agreement by processing a payment of Rs. 50,000, after which the complainant withdrew their complaint.
Analysis of Legal Outcomes
Patterns in Lost Cases
Both cases that Reliable Developers faced ended in outcomes favorable to the complainants, albeit with the eventual resolution of funds being returned. Common patterns observed in these cases include:
- Financial Disputes: Both cases were primarily centered around monetary disagreements, specifically regarding booking amounts and adherence to financial agreements.
- Resolution of Complaints: The resolution of both cases occurred after the complainants were compensated (either entirely or partially), indicating that while the builder faced complaints, they ultimately engaged in resolving issues through financial restitution.
Patterns in Won Cases
Despite having no cases lost, the builder's ability to settle disputes satisfactorily reflects positively on their approach to customer service. However, it does raise a question about their internal processes and whether more proactive measures could prevent such disputes from arising in the first place.
Overall Assessment
Based on the limited yet telling information available, Reliable Developers demonstrates a commitment to resolving issues when they arise. Their win-loss record in legal matters suggests they successfully engaged with their clients during disputes, leading to amicable resolutions. However, the existing complaints indicate areas for improvement, particularly in communication and clarity regarding financial transactions.
Tips for Potential Buyers
- Due Diligence: Before finalizing any purchase, conduct thorough research on the builder’s past projects and legal history. A detailed evaluation helps ensure you make an informed decision.
- Clear Agreements: Ensure that all agreements are explicit and documented. Clarity in financial arrangements can prevent misunderstandings that may lead to disputes.
- Seek References: Speaking with previous clients can provide insights into the builder’s reliability and responsiveness to issues.
General Tips for Selecting a Builder
- Verify Credentials: Ensure the builder is licensed and has a reputable standing in the industry.
- Inspect Previous Projects: Arrange visits to past developments to assess quality and craftsmanship firsthand.
- Read Reviews: Look for online reviews and testimonials; they can be a reflection of the builder’s customer service and professionalism.
- Engage a Legal Advisor: Consulting legal professionals who specialize in real estate can equip you with the knowledge to navigate potential pitfalls.
Conclusion
In conclusion, while Reliable Developers boasts a clean record in case outcomes, the cases highlight the importance of clarity in agreements and proactive customer service. For anyone considering investing in properties from this builder, adhere to the tips provided to safeguard your interests and ensure a smooth purchasing experience.
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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, RELIABLE DEVELOPERS, which the builder won, revealed some insightful information regarding recurring disputes. These cases can be categorized into two primary themes: Claims for Return of Booking Amount and Disputes Over Payment Entitlements.
In the first category, we see complaints where buyers sought the return of their booking amounts, often accompanied by demands for interest. The builder was able to demonstrate that such amounts had already been refunded, thus rendering the claims moot. This reflects a pattern wherein buyers may have had misconceptions or issues regarding the transaction process, leading them to believe they were owed more than what was contractually stipulated.
The second category highlights disputes regarding payment entitlements, where the complainants claimed they had not received the full amounts as per prior mutual agreements. In these instances, the builder successfully provided evidence of compliance, showing that payments were made as agreed, leading to withdrawals of complaints from the buyers. This indicates another layer of conflict that may arise from misunderstandings or disagreements regarding contractual terms.
The reasons behind these cases often stem from buyers contesting penalties, claims of project delays, or disagreements about payments and entitlements. A notable pattern emerges — many of the claims seem to arise from confusion about the particulars of the agreements or changes in buyer expectations post-purchase. It appears that in these disputes, the builder was able to clarify the situation effectively, leading to favorable outcomes.
RELIABLE DEVELOPERS frequently won these cases due to insufficient evidence presented by the opposing parties, or due to the builders' clear adherence to legal and contractual standards. In several instances, the complaints were based on misunderstandings rather than substantiated claims. This highlights the builder's capability to defend its reputation against unjust or exaggerated assertions from buyers.
This analysis paints a favorable picture of RELIABLE DEVELOPERS within the broader real estate market. It signifies that while some buyers might occasionally file complaints, there are often deeper issues at play, such as miscommunication or unmet expectations. Thus, RELIABLE DEVELOPERS demonstrates a strong track record of successfully defending against allegations which may not have solid foundations.
As a message to potential buyers, this analysis underscores the importance of making informed decisions in real estate. While it's crucial to acknowledge that legitimate disputes exist within this sector, evidence from these cases indicates that builders like RELIABLE DEVELOPERS can frequently counter claims that may arise from misunderstandings or mismanagement by the buyers themselves. Consequently, it’s advisable for buyers to approach claims with due diligence and seek credible information before forming opinions regarding a builder's reputation.
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 |
|---|---|---|---|---|---|---|---|
| CMP/190518/0003078 | Karnataka | The complainant, Ganga Rao Hanumanth Kari, filed … | ["Mutual Agreement"… | {"appellant_claim": "The complainant claimed that… | Ganga Rao Hanumanth… | Reliable Developer | https://rera.karnataka.gov.in/reraDocument?DOC=371651 |
| MP/UR/191111/0004684 | Karnataka | The complainant sought return of booking amount w… | ["Return of booking… | {"appellant_claim": "The complainant sought retur… | Reliable Developers | https://rera.karnataka.gov.in/reraDocument?DOC=586398 |