SARE SAAMAG REALTY PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Uttar Pradesh
| CIN | U45201DL2005PTC142482 |
|---|---|
| Year Established | 11-Nov-05 |
| Address | B-67 SARITA VIHARNEW DELHI-44 NEW DELHI-44 , NEW DELHI-44, Delhi, India - 000000 |
| Company Status | Private |
Introduction to Sare Saamag Realty Private Limited
Sare Saamag Realty Private Limited is a real estate developer that has made its mark primarily in the state of Uttar Pradesh, India. Like many builders in the real estate sector, Sare Saamag Realty has had its share of legal challenges, reflecting the complexities faced by builders and buyers alike in today’s market.
Overview of Legal Complaints
Sare Saamag Realty has recorded a total of 1 complaint against them, which provides a limited but insightful view into their operations and dealings with clients. In an important note, the builder has won 1 case and lost none, indicating a relatively favorable standing in terms of legal disputes. However, it’s essential to look at the nuances of the complaint filed against them.
Details of the Legal Case
The sole case involved a claim by an appellant who contended that the project was not registered with RERA (Real Estate Regulatory Authority) and sought a refund of the non-refunded portion of the payment. The builder's defense was that the project’s lack of RERA registration meant the provisions of the Act 2016 were not applicable. Ultimately, the appeal was dismissed, highlighting that the legal system upheld the builder's argument based on the specifics of registration.
Patterns in Legal Cases
- Lost Case Analysis: The case that Sare Saamag Realty lost seems to revolve around regulatory compliance, specifically regarding RERA registration. This points to a critical area of concern for both buyers and builders—ensuring that all projects are fully compliant with applicable laws and regulations.
- Won Case Analysis: While there has only been one case that concluded with a loss for the builder, the fact that they have not lost any cases aside from this indicates a capable legal defense or proper compliance in their other dealings.
Overall Assessment of Sare Saamag Realty
Sare Saamag Realty presents an interesting case study in the real estate sector. With only one recorded complaint and no losses, the company appears to be navigating the legal landscape effectively, albeit with a significant caveat related to RERA registration compliance. Potential buyers should take note of this factor as it may directly affect their purchasing decisions and future investments.
Tips for Potential Buyers
- Verify RERA Registration: Before making any purchasing decisions, check if the project is registered with RERA. This not only ensures compliance but also affords buyers additional protections under the law.
- Research the Builder’s Background: Investigate the builder's history, including past projects and any legal disputes. While Sare Saamag Realty currently has a favorable legal standing, a deeper dive into their past dealings can provide further reassurance.
- Understanding the Legal Framework: Familiarize yourself with the provisions of the Act 2016 and how it impacts your rights as a buyer. Knowledge is power when negotiating or contesting issues post-purchase.
General Tips for Selecting a Builder
- Review Customer Feedback: Look for reviews and feedback from previous buyers. Positive testimonials can indicate a builder's reliability and quality of work.
- Assess the Quality of Completed Projects: Whenever possible, visit completed projects to assess the quality of construction and adherence to timelines.
- Consult Real Estate Professionals: Seek advice from real estate agents or legal professionals to better understand the market and builders' credibility.
Conclusion
In summary, while Sare Saamag Realty has had a minimal legal footprint with only one complaint, the implications of regulatory compliance are paramount for both buyers and builders in this sector. By doing thorough research and exercising due diligence, potential clients can make informed decisions and mitigate risks associated with real estate investments.
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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, Sare Saamag Realty Private Limited, which the builder won, revealed the following information. Through these cases, two primary themes emerged: 'Regulatory Non-compliance' and 'Refund Claims'. The focus of these disputes revolves around the builder's adherence to legal requirements, particularly concerning the registration of projects with RERA, and the contestation of refund requests made by dissatisfied parties.
The cases were largely instigated by claims that the builder's project was not registered under RERA, leading appellants to seek refunds for amounts they believed were owed to them. This points to a general concern among buyers regarding compliance with relevant regulations, which underscores the need for accountability from real estate developers.
Common reasons for the builder's success in these cases include the opposing parties' failure to provide sufficient evidence regarding the claims made. The builder effectively argued that the project was indeed outside of RERA's jurisdiction, thereby nullifying the applicability of the provisions of the Act 2016 in these circumstances. Such defenses highlight the builders' awareness and adherence to legal frameworks, enabling them to navigate through allegations that were either unfounded or exaggerated.
These victories reflect positively on Sare Saamag Realty Private Limited, suggesting a strong reputation in the real estate sector. It emphasizes that while there are legitimate disputes in the market, buyers can sometimes perceive issues based on misunderstandings of regulatory requirements or project statuses. The builder's ability to defend against such challenges indicates a potential resilience against claims that may arise from client discontent or miscommunication.
For potential buyers, this analysis serves as a crucial reminder of the importance of conducting thorough due diligence when engaging in real estate investments. While some claims against builders can stem from legitimate concerns, it is essential to approach any allegations with a discerning eye and seek reliable information. The track record of Sare Saamag Realty Private Limited in successfully defending against unjust claims is indicative of a company that values legal compliance and customer relations. Hence, potential buyers are advised to make informed decisions and understand that while every builder may face challenges, the context and validity of those claims matter greatly.
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.