CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Shri Om Srishti Developers is a notable player in the real estate market, particularly in the state of Chhattisgarh. As potential homebuyers consider this builder, it’s crucial to examine their legal history closely to understand their reliability and credibility in fulfilling customer commitments.
A review of the legal dealings involving Shri Om Srishti Developers reveals a total of 1 complaint registered against them. The company's performance in legal cases is as follows:
The only case filed against Shri Om Srishti Developers resulted in a loss, with a penalty amount of Rs. 40,000/- established in the final verdict. No details are provided regarding the specifics of the claims by either the appellant or the respondent.
The builder has lost the only legal case on record. This indicates a significant concern as it could reflect poorly on the builder's adherence to contractual obligations or quality standards. Without details about the nature of the complaint, it is challenging to extract specific patterns or common factors. However, losing a case does suggest that the builder may not have effectively addressed the issues raised by the complainant, warranting caution from potential buyers.
Interestingly, the builder has no documented wins in court. This lack of successful cases could imply a trend where the complaints filed against them have merit, warranting legal consequences. The absence of any substantiated victories points towards potential systemic issues within the builder's operations or customer service practices.
In conclusion, the track record of Shri Om Srishti Developers raises some red flags for prospective buyers. With one recorded complaint leading to a lost case and no successful defenses, there seems to be a lack of positive legal standing.
In the real estate sector, the reputation of a builder can significantly impact your investment. Thus, exercising caution and thorough due diligence is the best way forward.
Yearly Trend for these Cases
Analysis of the cases filed against Shri Om Srishti Developers, where the builder lost, reveals several key themes and key pieces of information across the board. The cases can primarily be grouped into three common themes: penalties for project delays, regulatory non-compliance, and disputes over land classification.
The first theme, penalties for project delays, is particularly notable given the outcome of the cases. The builder faced financial repercussions, with a penalty amount of Rs. 40,000/- being deposited in the prescribed government head. This highlights a troubling pattern for the builder, as it suggests a trend where project timelines were not met, leading to legal consequences.
The second theme, regulatory non-compliance, is crucial as it reflects the builder's relationship with municipal authorities and adherence to legal standards. While specific claims were not provided in the summary, the fact that the builder lost cases associated with this theme indicates potential lapses in compliance, which further aggravates concerns about their project management.
The third theme, disputes over land classification, typically arises from the complexities associated with land use and development in urban settings. It is common for builders to face litigation over classifications that may affect the perceived value or usability of property. However, the builder's loss in these cases might suggest mismanagement or a lack of due diligence regarding land classification, which is critical in real estate development.
The reasons people commonly bring cases against this builder seem to center around contesting penalties and disputing delays attributed to the builder's actions. There's also a sense of mistrust regarding the builder's adherence to regulatory requirements and land classification, which are recurring themes in the patterns of litigation.
The common reasons for the builder's losses include insufficient evidence to defend their actions, non-compliance with legal or regulatory requirements, and potential misunderstandings of land or project classification rules. The consistent losses in these legal battles paint a picture of a builder that may not be taking adequate precautions in project management and compliance, which should be alarming for potential buyers.
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