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Overall Case Outcomes
In the real estate market, selecting a builder is a crucial decision that can greatly influence the success of your property investment. In this post, we will explore the track record of Shri Om Shyam Sai Developers, providing insights into their legal standing and operational practices.
Shri Om Shyam Sai Developers operates primarily in Gujarat and has a limited number of complaints filed against them, showing they are relatively stable in terms of customer satisfaction with only 1 complaint recorded.
Shri Om Shyam Sai Developers has been involved in 1 legal case, in which they had a unique outcome. Here's a breakdown:
Interestingly, this case highlights potential operational challenges, particularly in maintaining timely submissions for statutory requirements. The outcome suggests that communication and transparency are valued, indicating that while issues can arise, they can be resolved without severe penalties—implying a chance for positive remediation.
Overall, Shri Om Shyam Sai Developers demonstrates a solid track record with a single complaint and a unique legal incident, showing strengths in their operations but also pointing to the need for improved technical capabilities to avoid compliance issues in the future.
By keeping these factors in mind, you can make an informed decision when considering Shri Om Shyam Sai Developers for your next property investment.
Yearly Trend for these Cases
An analysis of the cases filed against the builder, Shri Om Shyam Sai Developers, which the builder won, revealed the following information.
The cases can be grouped into several common themes, primarily focusing on regulatory non-compliance, technical issues in reporting, and disputes over reporting obligations. The claim made by the authority involved the promoter's alleged failure to file required quarterly reports. However, the builder's defense highlighted their attempts to comply, citing technical difficulties as the reason for the lapses in filing.
The reasons for these cases being brought to court generally revolve around contesting penalties and non-compliance claims. Regulatory bodies appear to have filed complaints regarding the builder's adherence to statutory requirements, often leading to misunderstandings that necessitate legal intervention. It is notable that claims come from instances where buyers or authorities expected immediate compliance without acknowledging potential operational complications.
The builder's success in court can be attributed to several key factors. In this case, the authority failed to provide sufficient evidence to support their claims of non-compliance. Furthermore, the builder effectively demonstrated that they had indeed attempted to fulfill their legal obligations but were hindered by unavoidable technical issues. This indicates a level of due diligence on the part of the builder to maintain compliance while also navigating complexities in real estate operations.
The outcomes of these cases contribute positively to the builder's reputation, suggesting that they have a robust mechanism in place to address and resolve disputes when confronted with allegations. It also sheds light on the broader real estate landscape, where buyers and regulatory bodies may sometimes make claims based on misunderstandings or insufficient evidence.
For potential buyers, this analysis serves as a valuable reminder of the importance of diligence and critical assessment before forming opinions about a builder. While there are legitimate concerns in the real estate market, the insights derived from these cases indicate that builders like Shri Om Shyam Sai Developers possess the capability to defend themselves against unjust accusations. As a prospective buyer, it is crucial to approach any claims with caution, seek reliable information, and assess the situation based on comprehensive evidence rather than opinions or hearsay.
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