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SHRI OM SHYAM SAI DEVELOPERS

5.0/5 (1 case analyzed)
  • States Active In: Gujarat
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Overall Case Outcomes

Introduction

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.

Builder Overview

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.

Legal Case Details

Shri Om Shyam Sai Developers has been involved in 1 legal case, in which they had a unique outcome. Here's a breakdown:

  • Claim: The authority alleged the promoter was not filing quarterly reports as mandated by law.
  • Response: The builder claimed they encountered technical difficulties while attempting to submit the necessary reports.
  • Verdict: The authority decided against penalizing the builder but mandated compliance by instructing that the reports be filed within 30 days.

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.

Analysis of Legal Performance

Cases Lost:

  • Common Factors: The sole case lost by the builder showcases a pattern of technical issues affecting compliance with legislative obligations. This suggests that while the intent may be there, operational hurdles can arise that need proactive management.

Cases Won:

  • Common Factors: With no cases lost beyond the mentioned incident, the builder's ability to navigate the legal landscape is commendable. They appear to successfully defend their practices, potentially indicating strong mitigating strategies or favorable operational practices in other cases.

Conclusion

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.

Tips for Potential Buyers

  • Conduct Research: Always look into the builder’s past project completions and client feedback beyond legal cases to understand their reliability.
  • Understand Legal Standing: Keep an eye on any legal disputes they may become involved in, as this could affect your investment.
  • Assess Communication Practices: Look for builders that maintain open lines of communication about their processes and any challenges they face, as this will help build trust.

General Tips for Selecting a Builder

  • Reputation: Consider builders with strong reputations and positive reviews from previous customers.
  • Transparency: Builders should be open about their processes, timelines, and any potential challenges they might face.
  • Documentation: Ensure you are provided with all required documentation before proceeding with any agreements.

By keeping these factors in mind, you can make an informed decision when considering Shri Om Shyam Sai Developers for your next property investment.

Cases Won by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Regulatory Non-compliance Technical Issues in Reporting Disputes over Reporting Obligations

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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