SILVEX CONSTRUCTIONS PRIVATE LIMITED
- No of Complaints: 2
- States (Active in): Maharashtra
| CIN | U45309MH2009PTC195801 |
|---|---|
| Year Established | 15-Sep-09 |
| Address | OFFICE NO. 1501, 15TH FLOOR, B-WING, EXCEL PLAZA BUILDING, PANT NAGAR, GHATKOPAR (EAST) MUMBAI Mumbai City MH 400075 IN |
| Company Status | Private |
Introduction
In the ever-evolving world of real estate, choosing the right builder is paramount for prospective buyers. Silvex Constructions Private Limited is one such builder operating in Maharashtra, but how does their legal record influence their reputation? In this blog, we’ll delve into the builder's legal history, analyze any patterns in their case outcomes, and offer sage advice for homebuyers navigating the construction landscape.
Legal Case Overview
Silvex Constructions Private Limited has been involved in a total of 2 legal complaints. Unfortunately for the builder, all of these cases have not ended in their favor, as they have lost both cases. These outcomes raise flags and reveal essential insights into their business practices.
Case Details
- Case 1:
- Appellant Claim: Not provided
- Respondent Claim: Not provided
- Final Verdict: Appeal withdrawn, standing over for withdrawal on 13 March 2024. - Case 2:
- Appellant Claim: Not provided
- Respondent Claim: Not provided
- Final Verdict: Appeal withdrawn, standing over for withdrawal on 13 March 2024.
Both cases show that appeals were withdrawn and are pending further withdrawal, illustrating a potential reluctance from the appellants to pursue their claims, or possibly a settlement outside of court—the specifics remain undisclosed.
Analysis
Common Factors in Lost Cases
While comprehensive details about the cases are lacking, the commonality lies in the fact that Silvex Constructions has not succeeded in defending itself. This indicates potential issues in either the service delivery or compliance with contractual obligations, thus raising concerns about their performance as a builder.
Common Factors in the Cases Won
Interestingly, it’s important to note that the builder hasn’t won any cases at all. The absence of successful defenses paints a concerning picture of their operational practices and responsiveness to client issues. The overall trend illustrates difficulties in maintaining legal compliance or addressing the concerns raised by clients which is critical in the construction industry.
Conclusion
The legal track record of Silvex Constructions Private Limited has proven to be less than favorable, with no victories in court. This should certainly raise caution for any prospective buyer contemplating a purchase from this builder. Being embroiled in legal disputes, especially losing them, often reflects on reliability and the quality of service provided.
Tips for Potential Buyers
- Research Thoroughly: Understand the builder’s track record and any legal disputes they may have been involved in.
- Request References: Speak to previous clients about their experiences. This gives insights into the builder’s reliability and service quality.
- Review Project Details: Look into the specifications, timelines, and quality of any ongoing or completed projects by the builder to gauge their professionalism.
- Check for Licenses and Certifications: Ensure that the builder has all the necessary permits and complies with local regulations.
- Seek Legal Advice: Consulting with a legal expert can help in understanding the implications of purchasing from a builder with unresolved legal matters.
General Tips for Selecting Any Builder
- Visit Past Projects: Viewing completed homes can give a good idea of the builder's craftsmanship.
- Evaluate Financing Options: Check if the builder offers reliable financial options or connections with lending institutions.
- Assess Customer Service: A responsive customer service team can be a crucial indicator of the builder’s ongoing support and reliability.
- Understand the Warranty Terms: Ensure you are clear on warranty and post-completion support offered on properties.
In conclusion, while Silvex Constructions Private Limited may continue to operate, their legal history should be a point of concern for those considering a purchase. Prospective buyers should tread carefully, ensuring they gather all relevant information and advice before making a decision.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Silvex Constructions Private Limited, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into three types: delayed possession claims, project delay disputes, and regulatory compliance issues.
Many of the disputes revolved around delayed possession claims, where buyers likely contested the builder's inability to deliver units within the promised timelines. Many buyers in real estate transactions place significant importance on timely possession, and when developers fail to meet these expectations, it typically leads to dissatisfaction and legal action.
Project delay disputes also emerged as a common theme. In these cases, the builder may have attributed delays to other parties involved in the project, such as contractors, municipal authorities, or buyers themselves. The builder’s defense may have sought to deflect responsibility for the delays; however, the outcomes suggest that this strategy was not successful, indicating that the builder's arguments may not have been well-supported with evidence or that they failed to meet their contractual obligations.
Additionally, there were regulatory compliance issues, which could encompass anything from non-compliance with municipal orders to disputes over land conversion or classification. The builder's losses in these areas highlight a troubling trend where Silvex Constructions may not have adhered to crucial regulations or understood the implications of their actions regarding land use and project classification.
The common triggers for litigation in these cases include contesting penalties imposed for delays, disputing the builder's accountability for project timelines, and disagreements over regulatory requirements and land classifications. The builder's consistent losses point to repeated failures in addressing these issues adequately, resulting in legal consequences.
The reasons for the builder's losses are varied but notably include insufficient evidence to support their claims, a lack of compliance with legal and regulatory frameworks, and potential misunderstandings of their obligations concerning project delivery and land management. The consistent pattern of losses should raise concerns for potential buyers regarding the reliability and accountability of Silvex Constructions Private Limited.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| AT006000000093920 | Maharashtra | Appeal withdrawn by appellants, seeking to contes… | ["Appeal withdrawal… | {"appellant_claim": "Not provided", "respondent_c… | Anr. | Silvex Construction… | https://drive.google.com/uc?id=1W6YSTorq-nMvLDR8qSG7zs-RUUWSeDpN |