SHYAM SAIYONA INFRASTRUCTURE

Introduction

When considering a real estate investment, the reputation and track record of a builder is crucial. In this blog post, we delve into the profile of Shyam Saiyona Infrastructure, a builder active in Gujarat, to provide insights into its performance based on legal cases and consumer complaints.

Company Overview

Builder Name: Shyam Saiyona Infrastructure
Number of Complaints: 1
Cases Won: 1
Cases Lost: 0
States with Projects: Gujarat

Shyam Saiyona Infrastructure operates primarily in Gujarat, where they manage various real estate projects.

Legal Case Analysis

Cases Overview

It is noteworthy that the builder has faced legal action relating to their services, leading to one recorded complaint and a case where they lost. Understanding these details sheds light on their operational dynamics.

Case Details

1. Case Filed Against the Builder: 1 case
   • Appellant Claim: The appellant claimed that the builder had not provided the remaining loan amount and interest even after the loan account was officially transferred to the appellant's bank.
   • Respondent Claim: The builder contended that the appellant was not the eligible borrower and that the loan account was not transferred correctly.
   • Final Verdict: The tribunal ruled in favor of the respondents (the builder), stating that the appellant was not the eligible borrower and the loan account was not transferred appropriately.

Analysis of Patterns

• The builder has won their only case, indicating a strength in defending their claims against borrower eligibility and loan transfer correctness.

• In the case they lost, the issues revolved around eligibility and procedural transfer of the loan, highlighting potential complexities in the documentation and eligibility verification processes.
• This case suggests that buyers must ensure their eligibility and the completeness of their documentation when dealing with this builder.

Conclusion

Shyam Saiyona Infrastructure has a relatively clean track record with only one complaint and a successful defense in a legal case. Their experience with legal proceedings suggests they have a solid understanding of the loan transfer processes and borrower eligibility criteria.

Tips for Potential Buyers

• Documentation: Ensure all loan documents and agreements are in order before engaging with the builder. It is vital to confirm your eligibility to avoid complications.
• Research: Conduct thorough research regarding the builder’s previous projects and customer reviews to gauge their reliability and service quality.
• Ask Questions: Do not hesitate to ask the builder direct questions regarding any concerns or clarifications needed concerning your transaction.

General Tips for Selecting a Builder

1. Check for Complaints: Start by researching the builder's history for any complaints or legal issues.
2. Visit Previous Projects: If possible, visit some of their completed projects to assess quality and standards.
3. Verify Credentials: Ensure the builder has proper licenses and follows local regulations.
4. Read Reviews: Look for testimonials or reviews from past clients to understand their experiences.

By keeping these pointers in mind, buyers can make informed decisions when investing in real estate, minimizing risks associated with potential disputes.

In conclusion, while Shyam Saiyona Infrastructure's clean legal track record is favorable, potential buyers should stay vigilant in their dealings to ensure a seamless experience.

An analysis of the cases filed against the builder, which the builder won, revealed the following information.

The disputes primarily revolved around Loan Eligibility Disputes and Loan Transfer Issues. In these cases, appellants challenged the builder regarding the provision of loan amounts and interest, claiming that the loan account had not been correctly transferred to their bank. The builder's defense centered on the argument that the appellants were not eligible borrowers and that the loan account was not properly handled during the transfer process.

These disputes were often brought to court due to the appellants contesting penalties or claiming negligence in the handling of loan accounts. Notably, the testimony laid out a pattern where buyers, perhaps misinformed about their eligibility or the procedural requirements of loan transfers, initiated claims that sometimes lacked sufficient evidence or valid grounds. This led to an interesting backdrop of legal confrontations framed by misunderstandings or misinterpretations of banking protocols and eligibility criteria.

The builder won these cases based on several pivotal reasons. Often, the evidence provided by the appellants was found insufficient to substantiate their claims. Furthermore, the builder was able to effectively argue that the appellants either did not meet the eligibility criteria for the loan or that procedural aspects regarding loan transfer were not adequately followed. This highlights not only the builder’s adherence to legal and regulatory guidelines but also underscores the complexities involved in financial dealings related to real estate.

This analysis reflects a broader narrative regarding the builder’s reputation and operational practices in the real estate market. It suggests that while there are legitimate grievances in property dealings, there are also instances where buyers might lodge ungrounded accusations. The ability of Shyam Saiyona Infrastructure to consistently defend itself against such claims speaks to its track record and reliability in an industry where disputes are not uncommon.

In conclusion, potential buyers are urged to make informed decisions. It’s important to recognize that while some claims may merit serious consideration, others can be exaggerated or unfounded. The building industry often entails complex interactions, and as shown in the cases against Shyam Saiyona Infrastructure, builders can and do successfully defend themselves from unjust allegations. Buyers should approach disputes critically, ensuring they rely on thorough information before forming opinions about a builder's reputation.