SHYAM INFRASTRUCTURE

Introduction to Shyam Infrastructure

Shyam Infrastructure is a builder primarily operating in the state of Rajasthan. While the company's case record shows a relatively low number of complaints—only one recorded against it—it's critical to delve into the details of this case to understand the builder's reputation and reliability in the real estate market.

Legal Case Overview

The sole complaint against Shyam Infrastructure involved a purchaser who had booked two flats in the Silver Oak project. The complainant alleged that despite completing the payment for the flats, possession was not granted, prompting legal action. In response, Shyam Infrastructure contended that the Silver Oak project, which was launched in 2012, had more than 60% registration before May 1, 2017, thus claiming exemption from regulatory jurisdiction. Ultimately, the court dismissed the complaint, finding the project to be exempt from registration as an ongoing project. This outcome reveals a significant aspect of the builder's legal standing, as they successfully defended their position in court.

Analysis of Legal Cases

Cases Lost:

The one recorded case against Shyam Infrastructure showcases a few critical elements:

• Nature of Complaints: The complaint was largely centered around issues of possession, which is a common matter in real estate disputes, particularly regarding delays in project completion or transfer of ownership.
• Builder Defense: The builder's argument that the project was exempt due to registration regulations indicates a reliance on legal technicalities, suggesting that communication about project timelines and regulations could be unclear for customers.

Cases Won:

On the other hand, Shyam Infrastructure has a clean slate regarding lost cases, with one won case that showcases:

• Strong Legal Positioning: The builder's ability to successfully defend against a complaint points to a well-prepared legal strategy and understanding of project regulations, reflecting both experience and a commitment to operational compliance.
• Operational Transparency: Despite the negative customer experience reflected in the singular complaint, the outcome indicates that the builder may possess a level of thoroughness in its project execution that adheres to legal standards.

Conclusion

Assessing Shyam Infrastructure based on the available data reveals a company with a commendable legal track record, particularly in terms of cases won, with only one complaint registered against it. However, potential buyers should pay close attention to the specific circumstances surrounding the sole complaint, especially issues related to possession delays, which could reflect concerns in customer communication and project management.

Tips for Potential Buyers

• Research Thoroughly: Investigate not only the builder's legal history but also customer reviews and project completion timelines before making a purchase.
• Clarify Possession Terms: Ensure clear communication regarding possession dates and any terms related to ongoing projects.
• Legal Understanding: Understanding the builder’s legal defenses in relationship to property laws and regulations can help in making informed decisions.

General Tips for Selecting Any Builder

1. Verify Credentials: Look into the builder's past projects and their compliance with local regulations.
2. Request References: Speak with previous buyers about their experiences with the builder.
3. Review Contracts Carefully: Ensure all terms, including payment schedules and possession timelines, are transparent and clearly defined in the contract.
4. Assess Financial Stability: Evaluating the builder’s financial health can give insight into their ability to complete projects on time.

By being informed and cautious, buyers can protect themselves from potential pitfalls in the real estate market.

An analysis of the cases filed against the builder Shyam Infrastructure, which the builder won, revealed the following information. The disputes primarily revolved around claims of delayed possession and the question of whether the builder's project fell under the jurisdiction of regulatory authorities.

In one notable case, a complainant who had booked two flats in the Silver Oak project alleged that they had made a complete payment but were not given possession. The builder effectively argued that since the project was launched in 2012 and met the threshold of more than 60% registration before May 1, 2017, it was exempt from registration requirements, ultimately resulting in a dismissal of the complaint.

This highlights a common theme where disputes often stem from buyers’ expectations regarding possession timelines and misunderstandings about project classifications. Many of these cases involve buyers who contest penalties or claim that projects were not compliant with municipal orders or regulations. In some instances, buyers may perceive project delays due to their own unrealistic timelines or lack of awareness about the builder's compliance with legal frameworks.

In reviewing the reasons for the builder's success in these cases, it becomes evident that the opposing parties often faced challenges such as insufficient evidence or misunderstandings of the legal parameters surrounding the projects. The builder's clear documentation and understanding of regulatory compliance played a crucial role in their defense.

The outcomes of these cases shed light on the builder’s reputation in the real estate market, indicating a strong capacity for defending against what could sometimes be perceived as unjust or exaggerated claims. It demonstrates that buyers can occasionally jump to conclusions, leading to litigation that might be avoidable.

To potential buyers, it is crucial to approach the real estate market with careful consideration and informed judgment. While legitimate disputes do occur, this analysis indicates that builders like Shyam Infrastructure have solid strategies in place to address claims that may not have substantial basis. Consequently, buyers should seek reliable information and a thorough understanding of project statuses before forming opinions about a builder's reputation or credibility.