SWRNASKAHA ESTATES AND BUILDER PRIVATE LIMITED

Understanding Swrnaskaha Estates and Builder Private Limited: A Closer Look at Performance and Customer Satisfaction

When it comes to selecting a reliable builder for your dream home, it's essential to assess their track record. In this post, we explore Swrnaskaha Estates and Builder Private Limited, focusing on their project presence, complaint records, and legal dealings, particularly their performance in court.

Overview of Swrnaskaha Estates and Builder Private Limited

Swrnaskaha Estates and Builder Private Limited operates primarily in the state of Odisha. They have come under scrutiny due to their legal performance, particularly highlighted by the limited number of complaints and the outcomes of these cases.

Legal Case Details

Swrnaskaha Estates has faced one notable legal case:

• Case Type: Complaint regarding possession and compensation
• Appellant Claim: The complainant alleged a delay in handing over possession of their share in the project and a lack of payment for compensation as outlined in the agreement.
• Respondent Claim: The builder contended that they had fulfilled their obligations by providing possession and payment of compensation as agreed.
• Verdict: The adjudicating officer ruled against the builder, directing them to pay compensation amounting to Rs. 10,00,000/- to the complainant within 45 days.

Case Analysis

Complaints and Patterns

• Complaints: The builder has only registered one formal complaint, which raises questions about customer satisfaction and overall project delivery. The single case also reflects the potential for issues stemming from delayed possession and unfulfilled compensation agreements.
• Cases Lost: The builder has lost this case, which suggests possible inadequacies in managing contractual obligations or insufficient communication and service to their customers. The need for compensation payment indicates a failure in fulfilling the expectations set forth legally.
• Cases Won: While there are claims made by the builder about the fulfilment of contractual terms, the fact that they lost the only case reveals a pattern of disputes arising from project execution and ownership issues.

Conclusion

In conclusion, Swrnaskaha Estates and Builder Private Limited has been marked by their ongoing legal challenges, notably a lost case that reflects poor customer satisfaction and contractual failures. Potential buyers should approach this builder with caution, understanding the potential risks involved.

Tips for Potential Buyers

1. Research Thoroughly: Before proceeding with a purchase, conduct extensive research about the builder's reputation, past projects, and customer reviews. Look for any legal complications or previous complaints.
2. Understand Agreements: Ensure that the terms of sale, including possession timelines and compensation clauses, are clearly outlined in your agreement to avoid future disputes.
3. Seek Legal Advice: Consult with a legal professional to comprehend the implications of the contracts you sign, especially if previous cases show issues with compliance.
4. Be Informed About Local Regulations: Familiarize yourself with consumer protection laws specific to your state, like those in Odisha, to better understand your rights as a buyer.

General Tips for Selecting a Builder

• Look for builders with a robust track record of successful projects and satisfied customers.
• Evaluate builder transparency, especially in terms of delivering on promises made regarding timelines and financial commitments.
• Consider visiting existing properties developed by the builder to personally assess the quality of the work.
• Network with previous buyers to gain insights about their experience with the builder.

By remaining vigilant and informed, buyers can significantly reduce the risks associated with selecting a builder. Although Swrnaskaha Estates has various projects in Odisha, the existing legal scrutiny suggests potential complications that warrant careful consideration.

Analysis of the cases filed against Swrnaskaha Estates and Builder Private Limited, where the builder lost, revealed several key themes across their legal disputes.

The cases primarily revolved around two main topics: Delayed Possession Claims and Compensation Disputes. The delayed possession claims largely involved allegations made by buyers that the builder had failed to hand over their shares in projects on time, as stipulated in the agreements. For instance, in one significant case, the complainant claimed that although they had fulfilled their part of the agreement, the builder had delayed possession and had not paid the agreed-upon compensation.

A common reason for litigation in these cases was the builder's inability or unwillingness to adhere to the terms of agreement, particularly concerning timely possession and compensation payouts. Buyers often found themselves in disputes over amounts that they believed were owed to them, leading to a pattern of claims that highlighted serious issues in the builder's operational practices.

The builder consistently lost these cases due to a combination of factors. A major reason was the failure to honor agreements and provide timely compensation, which directly contradicted their obligations. Additionally, the builder's claims of having met their commitments often lacked substantial evidence, leading adjudicating officers to side with the complainants. The verdicts generally directed the builder to compensate the buyers, emphasizing the need for Swrnaskaha Estates to re-evaluate its practices and ensure compliance with contractual requirements.