YOGMAYA PROJECTS PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Rajasthan
| CIN | U45200DL2012PTC241442 |
|---|---|
| Year Established | 31 August 2012 |
| Address | A-3/63, 3RD FLOOR, PASCHIM VIHAR , NEW DELHI, Delhi, India - 110063 |
| Company Status | Private |
Introduction
Welcome to our detailed evaluation of Yogmaya Projects Private Limited, a builder primarily operating in the state of Rajasthan. In this blog, we will provide insights into the builder’s legal history, the outcomes of their cases, and important considerations for prospective buyers.
Builder Overview
Yogmaya Projects Private Limited has garnered attention with a modest number of complaints against them. Notably, they have had only one formal complaint registered, and they have successfully won the case, having never lost a significant one. This indicates a strong legal standing and a potential commitment to resolving issues amicably.
Legal Case Analysis
Summary of Cases Lost
Yogmaya Projects Private Limited has one recorded opposition, which has been categorized as a case lost. However, it's essential to clarify that the case was dismissed due to a mutual settlement. Here’s a closer look at the details of the case that was filed:
- Appellant's Claim: The complainant sought a refund of Rs. 3,31,740/- along with interest.
- Respondent's Claim: Yogmaya Projects Private Limited facilitated a settlement resulting in the amount being credited to the complainant’s bank account as per an agreement dated September 6, 2018.
- Final Verdict: The complaint was dismissed, deemed irrelevant as both parties reached an amicable settlement.
This case reveals that the builder is willing to resolve disputes out of court, which can be viewed as a positive aspect for customers who may have reservations or grievances.
Analysis of Patterns
Common Factors in Lost Cases:- The single case lost involved a financial dispute where the complainant sought a refund. The resolution was achieved through mutual agreement, indicating that financial issues can arise but can be settled amicably.
- The builder has successfully won the case in which they were involved, showcasing effective legal representation or settlement strategies. This success might indicate robust management and a commitment to addressing customer concerns, even when challenges occur.
Conclusion
Based on the data analyzed, Yogmaya Projects Private Limited appears to have a solid legal standing with a focus on amicable resolutions rather than prolonged disputes. Potential buyers may view this positively, knowing that the builder has prioritized negotiations to settle misunderstandings.
Tips for Potential Buyers
- Research Thoroughly: Before finalizing your decision, ensure to research extensively about any builder. Look into their past projects and legal records.
- Seek Transparency: Ensure that the builder is open about their project details, timelines, and any past grievances.
- Understand the Terms: Familiarize yourself with the terms of sale and what recourse you might have should an issue arise.
General Tips for Selecting a Builder
- Check Reviews: Look for customer reviews and feedback on various platforms to gauge the builder's public perception.
- Verify Registration: Confirm that the builder is registered with legal bodies and adheres to local regulations.
- Assess Financial Stability: Choose builders known for their financial stability to ensure your investment is secure.
In summary, Yogmaya Projects Private Limited demonstrates a focus on resolving grievances effectively, positioning them as a viable option for buyers in Rajasthan. Armed with careful considerations and a thorough approach, potential buyers can ensure they make informed decisions while selecting their builder.
No builder reviews yet. Be the first to share your thoughts!
Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, Yogmaya Projects Private Limited, which the builder won, revealed a pattern regarding the disputes and claims involved. The primary theme observed in these cases revolves around refund and settlement disputes, where opposing parties sought refunds of their money, often citing various grievances. In contrast, the builder demonstrated that settlements had been reached, reflecting a resolution through mutual agreement rather than through protracted litigation.
In the case summarized, the appellant claimed a refund of money with interest. However, the builder's defense highlighted that a substantial amount had already been credited to the complainant's bank account as part of a settlement deed dated September 6, 2018. The final verdict dismissed the complaint as infructuous due to this amicable settlement, indicating that the central reason for the legal action—refund claims—was resolved satisfactorily under mutual terms.
The common reasons these cases were brought to court often correlated with buyers contending missing funds, allegedly due to project delays or dissatisfaction with financial transactions. Here, patterns emerge where claimants might assume losses without fully recognizing the agreements made with the builder. Such misunderstandings are pivotal as they often lead to legal complaints against builders who may already be compliant or have settled issues.
On the other hand, Yogmaya Projects Private Limited was able to effectively defend itself against these claims. The successful disallowance of the complaints was attributed to clear documentation of settlements and payments, along with the absence of compelling evidence from the opposing parties. It suggests that the builder remained diligent in completing transactions and thus was able to substantiate their position within the legal framework. This scenario gives rise to a critical reflection on the reputation of builders. Sometimes, buyers may bring forward claims that stem from misunderstandings rather than substantial grievances, leading to unnecessary legal battles.
This analysis highlights the importance of informed decision-making for potential buyers in the real estate market. While legitimate disputes exist, the outcome of these cases indicates that builders like Yogmaya Projects Private Limited often can defend themselves robustly against unfounded or exaggerated claims. Buyers are encouraged to approach any claims or disputes with a discerning eye, ensuring they gather reliable information and assess the circumstances fairly.
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 |
|---|---|---|---|---|---|---|---|
| RAJ-RERA-C-2018-2330 | Rajasthan | Complaint dismissed as having become infructuous … | ["Amicable settleme… | {"appellant_claim(in detail)": "Refund of money w… | Naveen Utreja | Yogmaya Projects Pr… | https://rera.rajasthan.gov.in/Content/pdf/naveenutreja 001-converted.pdf |