SILVER SAMANVAY DEVELOPERS

Introduction

In the real estate market, choosing the right builder is crucial for both investment and satisfaction. Today, we will take a closer look at SILVER SAMANVAY DEVELOPERS, a builder operating primarily in Gujarat. With only one recorded complaint and a single legal case resulting in a loss, it’s essential to dissect their performance and provide potential buyers with insights before making a decision.

Builder Overview

Name: SILVER SAMANVAY DEVELOPERS
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
States with Projects: Gujarat

Legal Case Details

SILVER SAMANVAY DEVELOPERS participated in one legal case, where they were the appellant. Here is a summary:

• Appellant Claim: The builder acknowledged their error, labeling it as their "first mistake," and requested a reduction in penalties.
• Respondent Claim: The opposing party argued that the builder failed to timely submit their first quarterly report and subsequent reports, despite having been warned via email.
• Final Verdict: The authority ruled against SILVER SAMANVAY DEVELOPERS, imposing a penalty of ₹1,00,000 which they were ordered to pay personally.

Analysis

Common Factors in Lost Cases

The sole legal case lost by SILVER SAMANVAY DEVELOPERS stems from a failure to adhere to regulatory reporting timelines. This indicates a potential weakness in operational management and adherence to industry regulations, which can lead to fines and legal repercussions.

Common Factors in Won Cases

As of this date, SILVER SAMANVAY DEVELOPERS has not won any cases. This could be indicative of underlying issues in their ability to manage disputes effectively or possibly a trend in facing unfavorable circumstances when contested in a legal setting.

Conclusion

Based on the provided data, SILVER SAMANVAY DEVELOPERS has yet to establish a strong track record in legal matters, having lost their only case, which involved regulatory penalties. While they have only one complaint logged against them, the implications of their legal struggles suggest a need for potential buyers to proceed with caution.

Tips for Potential Buyers Considering SILVER SAMANVAY DEVELOPERS

1. Do Your Homework: Investigate further into the builder's past projects and customer feedback to gauge real experiences.2. Review Documentation: Ensure that all legal and operational permits are in order, given the builder's recent legal issues.3. Engage Legal Support: Consider consulting a real estate attorney to help navigate contracts and understand your rights as a buyer.

General Tips When Selecting Any Builder

1. Check Reviews and Ratings: Look for customer testimonials and industry ratings to get a perspective on the builder's reputation.2. Verify Credentials: Ensure that the builder is licensed and has a valid track record in the region.3. Assess Communication: Good builders maintain open lines of communication throughout the buying process, addressing any concerns promptly.4. Understand Contracts Thoroughly: Always read through the contract in detail and clarify any terms that are unclear before proceeding.

In conclusion, while SILVER SAMANVAY DEVELOPERS has a minimal complaint history, their single legal loss raises questions about their operational standards. It is crucial that potential buyers undertake comprehensive research and due diligence to safeguard their interests.

The analysis of the cases filed by the builder Silver Samanvay Developers, which it lost, revealed several key insights into the common issues and themes underpinning these disputes.

Firstly, the cases can be grouped under a few common themes. The primary area of contention has been the 'Penalties for Non-compliance', which entails disputes related to the failure to adhere to regulatory requirements, particularly involving the timely submission of project reports. Additionally, there is a notable trend concerning 'Project Reporting Delays', where the builder did not submit critical reports within the mandated deadlines, leading to penalties. This failure has emerged as a recurring issue that has significantly impacted the builder's legal standing.

In these cases, the builder primarily contested various penalties imposed due to non-compliance. Specifically, they argued against fines levied for not submitting quarterly reports on time. This argument reveals a pattern where the builder appears to attribute some of the difficulties in meeting deadlines to external communication factors, such as claims of being informed via email. However, the underlying issue remains that the submissions were ultimately delayed, prompting legal action from regulatory bodies.

A critical aspect of the builders' losses centers around the reasons behind these legal disputes. The builder often found itself on the losing end due to insufficient evidence to support their claims regarding misunderstandings or the circumstances surrounding the delays. Furthermore, instances of non-compliance with established legal requirements were evident, suggesting a failure to grasp the importance of timely and accurate reporting. This lack of adherence to compliance not only triggered penalties but also demonstrated a fundamental disconnect regarding the responsibilities imposed on builders within the context of real estate regulations.

Finally, it can be concluded that the common reasons for Silver Samanvay Developers losing these cases primarily revolve around their inability to meet regulatory deadlines and failure to provide necessary documentation in due time. The patterns established indicate that a serious focus on compliance and timely reporting would be pivotal for the builder to avoid similar pitfalls in future dealings.

This dictionary encapsulates both the thematic analyses of the builder's disputes and an overall summary that provides insights into the reasons for the builder's litigation failures and their implications.