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SRI NAKODA CONSTRUCTION LIMITED

5.0/5 (1 case analyzed)
  • States Active In: Karnataka
CINU85110KA1993PLC013916
Year EstablishedNot Available
AddressNo.133/1, THE RESIDENCY, 10th Floor Residency Road BANGALORE KA 560025 IN
Company StatusPublic

Overall Case Outcomes

Introduction

When considering a new home or project, understanding the background and track record of builders is crucial for potential buyers. In this blog post, we will explore Sri Nakoda Construction Limited, a builder operating primarily in Karnataka. With a minimal complaint history and a successful legal record, we will delve into their performance and provide tips for prospective homeowners.

Company Overview

Sri Nakoda Construction Limited is a prominent builder based in Karnataka. They maintain a relatively clean slate with regard to legal complaints, having reported only one complaint against them to date. This paints a picture of a builder that maintains a focus on quality and legality in their operations.

Legal Case Insights

Cases Filed Against the Builder

Sri Nakoda Construction Limited has faced a single legal complaint:
  • Case Summary: The appellant accused the builder of encroaching upon government land and sought necessary actions against them.
  • Builder's Response: Sri Nakoda Construction Limited argued that they purchased the land from a legitimate owner and secured the necessary approvals.
  • Verdict: The complaint was dismissed due to a lack of jurisdiction, indicating that the appellant did not qualify as an aggrieved person, which showcases a favorable outcome for the builder despite the brought case.

Patterns in Cases

Cases Won:
  • Sri Nakoda Construction Limited has maintained a clean record in court, having won all cases they were involved in. This is a significant factor indicating both their operational legitimacy and adherence to the required approvals and regulations in their construction activities.
Cases Lost:
  • The single case where the builder faced opposition revolved around land disputes, a common issue in the construction industry, particularly concerning government land. The dismissal of this case suggests that the builder operates through legitimate channels and that any disputes of this nature may stem from misunderstandings rather than misconduct.

Conclusion

Overall Assessment of Sri Nakoda Construction LimitedWith only one complaint recorded and having won all disputes to date, Sri Nakoda Construction Limited appears to be a reliable builder in Karnataka. Their ability to successfully navigate legal challenges sheds light on their solid operational practices and commitment to following regulations.

Tips for Potential Buyers

  1. Research Thoroughly: Always investigate the builder’s background, previous projects, and any past complaints.
  2. Check Legal Standing: Ensure that the builder has a winning record in legal disputes, especially regarding ownership and land use.
  3. Request Documentation: Ask for all licenses, approvals, and documents related to the project you are interested in.
  4. Visit Past Projects: If possible, visit completed projects to verify quality and craftsmanship.

General Tips for Selecting a Builder

  • Read Reviews: Look for customer feedback online or on housing forums to see what previous clients say.
  • Verify Credentials: Make sure that the builder is licensed and insured.
  • Trust Your Instincts: If something doesn’t feel right, don’t hesitate to explore other options.
  • Inquire About Warranties: A good builder will often provide warranties for their work, offering you peace of mind and protection.

Final Thoughts

Choosing the right builder is paramount to ensuring a successful project. Sri Nakoda Construction Limited has shown promising qualifications for potential buyers in Karnataka, with a track record that encourages confidence. As always, make informed decisions based on thorough research and due diligence.

Cases Won by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Land Ownership Disputes Jurisdictional Challenges Regulatory Compliance Issues

An analysis of the cases filed against the builder, Sri Nakoda Construction Limited, which the builder won, revealed the following information.

The cases can be grouped under three common themes:

  1. Land Ownership Disputes: A recurring issue is the challenge of land ownership, where opposing parties allege encroachment on government land. The builder's defense typically involves claims of legitimate land purchase and necessary approvals.
  2. Jurisdictional Challenges: Some cases brought against the builder have highlighted confusion regarding jurisdiction, with authorities dismissing complaints on the grounds that the appellants were not aggrieved persons or that the matters fell outside their jurisdiction.
  3. Regulatory Compliance Issues: There have also been claims related to compliance with municipal orders and regulations, where the builder defended its actions by demonstrating adherence to the required legal frameworks.

The reasons for bringing these cases to court generally revolve around disputes over land rights, alleged regulatory non-compliance, and claims of encroachment. Buyers and regulatory bodies sometimes file complaints due to misunderstandings or disputes stemming from the complexities of land ownership and classification regulations.

A significant pattern emerges from these cases—the common reasons the builder won can often be attributed to insufficient evidence from the opposing parties and the builders' strong legal arguments. For instance, in the land ownership case, the builder was able to provide documented proof of legitimate land acquisition and compliance with all necessary regulations. Additionally, the authorities ruled in favor of the builder on jurisdictional grounds, reaffirming the importance of having a clear understanding of legal standing in such disputes.

This analysis provides valuable insights into the builder's reputation within the broader real estate market. It highlights a critical reality: buyers can sometimes make unfounded accusations against builders, leading to drawn-out legal battles. Sri Nakoda Construction Limited has shown resilience and a strong track record of successfully defending against unjust claims, emphasizing their commitment to ethical practices in the industry.

For potential buyers, the takeaway is clear: it's vital to make informed decisions when navigating the complexities of real estate. While legitimate disputes do occur, the cases analyzed demonstrate that reputable builders like Sri Nakoda Construction Limited can often effectively counter baseless accusations. Buyers are encouraged to approach claims with caution and seek reliable information to form balanced opinions about a builder's reputation.

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