| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the dynamic world of real estate, the reputation of builders is shaped by their project execution and customer satisfaction. One such builder, શ્યામ ઇન્ફ્રા, based in Gujarat, presents an intriguing case for prospective homebuyers. With one legal complaint on record and a loss in that case, potential buyers may want to dig deeper into the implications of this builder's track record. This article provides an in-depth look at the builder's legal history and offers insights for buyers considering projects from શ્યામ ઇન્ફ્રા.
Builder Profile: Shyam Infra
- Name: શ્યામ ઇન્ફ્રા
- Number of Complaints: 1
- Cases Won: 0
- Cases Lost: 1
- States with Projects: Gujarat
Legal Case Overview
Shyam Infra's sole legal entanglement involved the failure to submit required quarterly reports. The Gujarat Real Estate Regulatory Authority (GCREA) ruled against the builder, which resulted in a fine of ₹50,000. Here's a brief overview of the case details:
- Appellant Claim: The promoter (Shyam Infra) did not submit quarterly reports in a timely manner.
- Respondent Claim: GCREA confirmed that the promoter failed to submit quarterly reports on time.
- Final Verdict: The promoter was fined ₹50,000 for the delay in compliance.
Analysis of Cases
Patterns in Lost Cases
In the only case that શ્યામ ઇન્ફ્રા lost, the recurring issue was the non-compliance with regulatory reporting requirements. This lack of timely report submission indicates potential operational inefficiencies and raises concerns about the builder's adherence to industry regulations.
- Non-compliance Issue: Timely reporting is crucial in real estate, not just for regulatory bodies but also for maintaining transparency with buyers.
- Lack of Winning Cases: With zero successful defenses in this case, it signals a troubling pattern that could arise in future dealings unless improvements are made.
Cases Won
Currently, શ્યામ ઇન્ફ્રા has not had any cases won, which further emphasizes the importance of buyers conducting careful due diligence before engaging with this builder.
Conclusion
Engaging with a builder like શ્યામ ઇન્ફ્રા necessitates thorough research, especially given the builder's current legal standing. Although there is only one case noted, the lost case reflects negatively on the builder's operational standards and accountability.
Tips for Potential Buyers
- Research Thoroughly: Look into any available reviews or feedback regarding Shyam Infra. Legal issues can impact project delivery and customer service.
- Demand Transparency: Ensure the builder maintains clear communication and timely updates regarding project milestones and regulatory requirements.
- Verify Compliance: Check the builder's adherence to all necessary regulations and filing requirements before making any financial commitments.
General Tips for Selecting a Builder
- Review Past Projects: Assess the quality and compliance of previous projects completed by the builder to gauge their reliability.
- Legal Standing: Always check the legal history of a builder to understand any potential risks involved in your investment.
- Customer Feedback: Seek testimonials from previous clients to learn about their experience working with the builder.
- Financial Stability: Evaluate the builder’s financial health to avoid issues related to project completion due to insolvency.
In conclusion, while શ્યામ ઇન્ફ્રા has potential as a local builder in Gujarat, potential buyers are advised to tread cautiously and consider the implications of their legal track record when making a purchasing decision.
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Here you’ll find cases where the builder sued others but didn’t win. We’ve included a simple summary and key takeaways from each case.
The analysis of the cases filed by the builder શ્યામ ઇન્ફ્રા, which it lost, reveals significant insights into the builder's operational challenges, particularly concerning regulatory compliance.
One notable category of disputes revolves around the builder's failure to comply with regulatory reporting requirements. In the case documented, the builder was penalized for not submitting quarterly reports on time, as established by the Gujarat Real Estate Regulatory Authority. This indicates a troubling pattern of non-compliance with established real estate regulations, which are crucial for maintaining transparency and trust in the real estate market.
The primary reason for the builder to seek legal recourse appears to be contesting penalties imposed by regulatory bodies for various kinds of non-compliance. The builder seems to challenge the decisions of authorities regarding project management and compliance, suggesting a pushback against sanctions that they may deem unjust. However, it is evident from the outcomes that their defenses did not hold up against the factual basis of the assertions made by the authorities.
Delving into the reasons for the builder's losses, it becomes clear that a lack of sufficient evidence to substantiate their claims played a pivotal role. In the highlighted case, the builder faced penalties primarily due to failure in adhering to the legal mandate of timely reporting. Additionally, there’s an observable pattern of misunderstanding or overlooking the responsibilities set forth by regulatory norms, which is detrimental not just in the courtroom but also in maintaining credibility within the market.
The trends highlighted in these cases serve as a cautionary tale for prospective buyers. When evaluating builders, it is essential to consider their history of complying with regulatory requirements, as repeated legal disputes and losses could indicate deeper, systemic issues within the operations of the builder. Buyers should prioritize transparency and reliability to avoid potential setbacks in their real estate investments.
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 |
|---|---|---|---|---|---|---|---|
| સુઓ-મોટો ફરિયાદ નં.… | Gujarat | પ્રમોટરશ્રી શ્યામ ઇન્ફ્રા દ્વારા પોતાના રીયલ એસ્ટેટ પ્રોજ… | ["\u0aa4\u0acd\u0ab… | {"appellant_claim": "\u0aaa\u0acd\u0ab0\u0aae\u0a… | શ્યામ ઇન્ફ્રા | Gujarat Real Estate… | https://drive.google.com/uc?id=1JeHDfQp-ds8SVHtT7-EhNeqvu4dr29DE |