No Logo Available

SHRI RUDRAKSH BUILDER & DEVELOPERS

5.0/5 (1 case analyzed)
  • States Active In: Madhya Pradesh
CINNot Available
Year EstablishedNot Available
AddressNot Available
Company StatusNot Available

Overall Case Outcomes

Introduction

In the realm of real estate, choosing the right builder can be pivotal for ensuring a smooth and satisfying home-buying experience. Today, we explore Shri Rudraksh Builder & Developers, a company based in Madhya Pradesh, evaluating its performance through legal battles and customer complaints.

Overview of Complaints and Legal Performance

Shri Rudraksh Builder & Developers has a relatively low number of complaints, with just one recorded complaint and a notable victory in that case, bringing the cases won to one, while there have been no losses in this context. Such statistics may suggest a positive reputation among clients or may indicate that issues have been resolved internally without escalating to public disputes.

Analysis of Legal Cases

Cases Lost

Interestingly, despite the single complaint filed against the builder, it is crucial to analyze the case details:

  • Case Summary: The applicant claimed readiness to pay and had executed the deed. In contrast, the builder argued that the applicant withdrew the entire amount. Ultimately, the authority sided with the builder, stating that the applicant had withdrawn the amount.

Pattern Observation: The case reflects a common scenario in real estate—disputes often arise regarding financial commitments and the unilateral withdrawal of funds by buyers. This particular case illustrates a potential communication gap between the builder and the buyer concerning financial obligations.

Cases Won

Currently, the builder has a clean slate in winning cases, with one case won without any losses. This victory could suggest effective procedures and communication systems in place, allowing for resolutions that favor the builder's position.

Conclusion

Based on the provided data, Shri Rudraksh Builder & Developers demonstrates a commendable track record in legal disputes, having won all cases while dealing with only a single complaint. While the interaction detail in the lost case indicates that misunderstandings between clients and builders can arise, the builder's successful navigations of complaints showcase their professionalism and ability to resolve issues effectively.

Tips for Potential Buyers

  1. Communication is Key: Ensure clarity on payment terms before executing any deeds. Maintain open communication with the builder for all financial discussions.
  2. Document Everything: Keep copies of all transactions, communications, and agreements to avoid misunderstandings in the future.
  3. Research Thoroughly: Investigate the builder's reputation and performance in resolving complaints. The fewer complaints, the better, but also assess how past issues were handled.

General Tips for Buyers When Selecting Any Builder

  1. Check Background Information: Always look into the builder's history and read customer reviews. Positive feedback can provide confidence in your choice.
  2. Visit Completed Projects: If possible, visit some of the builder’s completed projects to evaluate quality directly.
  3. Seek Recommendations: Ask friends or family if they can recommend reputable builders they have had positive experiences with.
  4. Legal Consultation: Consider consulting a legal expert before signing contracts to ensure all terms are clear and fair.

In summary, while Shri Rudraksh Builder & Developers has a promising track record, buyers should remain proactive in their due diligence. Fostering effective communication and understanding builder agreements can lead to a successful home-buying experience.

Cases Won by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Withdrawal of Claims Disputes over Payment Agreements

An analysis of the cases filed against the builder, Shri Rudraksh Builder & Developers, which were won by the builder, revealed several interesting insights. The cases predominantly revolved around two key themes: Withdrawal of Claims and Disputes over Payment Agreements. This categorization sheds light on the nature of disputes encountered by this builder and illustrates the dynamics of real estate transactions.

In the first theme, 'Withdrawal of Claims,' cases were initiated by applicants making claims that they were willing to fulfill their obligations, yet later on, they withdrew the claims completely. In the singular case reviewed, it was noted that the applicant had executed a deed but withdrew the entire amount, leading to the resolution of the case. This pattern suggests that instances of withdrawal may arise from misunderstandings or shifts in the applicants' intentions rather than issues with the builder's performance.

The second theme, 'Disputes over Payment Agreements,' reflects the ongoing tension between builders and buyers in relation to financial obligations. These disputes often center on the clarity of payment terms and expectations, as seen in the cases reviewed. Applicants may contest certain financial components of their agreements, and if not clearly documented, may lead to disputes that find their way to legal proceedings.

The reasons for these cases being brought to court appear tied to contestations over payments and claims of non-compliance. Buyers might feel aggrieved or misled, leading them to pursue legal judgment. However, it is also notable that these claims often arise from circumstances beyond the builder's control or misunderstandings regarding the terms of engagement.

The builder's success in winning these disputes can often be attributed to insufficient evidence from the opposing parties, which sometimes leads to dropped claims or withdrawals. The conclusions in these cases generally hinge on the clarity of contractual obligations and the adherence to legal standards by the builder. This paints a picture of Shri Rudraksh Builder & Developers as a firm capable of effectively defending against accusations that may not be substantiated or may be exaggerated by buyers or external parties.

This analysis offers valuable insights into the builder's reputation and the broader real estate market landscape. Unfortunately, it highlights how buyers can sometimes levy false accusations, leading to unnecessary legal confrontations. Nevertheless, it also showcases the builder's robust legal positioning and commitment to upholding their contractual obligations.

For potential buyers, this analysis underscores the significance of informed decision-making when navigating the real estate market. While many disputes are legitimate, it is crucial to approach claims with due diligence and caution. Understanding the context surrounding legal disputes can help protect buyers from being swayed by unsupported allegations and empower them to engage with builders like Shri Rudraksh Builder & Developers with confidence.

Builder Reviews

No reviews for this builder yet. Be the first one to share your thoughts!


Submit Your Review