INFINITY INFRA

Introduction

When considering a property investment, the reputation and track record of the builder is paramount. In this blog post, we delve into the performance of Infinity Infra, a builder currently involved in the real estate landscape of Gujarat. We will explore their legal history, analyze patterns in their performance, and provide valuable insights for potential buyers.

Overview of Infinity Infra

Infinity Infra has encountered a noteworthy challenge in the real estate sector, specifically with legal disputes. The builder currently holds one complaint filed against them, resulting in one lost case, and has yet to win any cases. This presents a concerning track record for potential buyers considering investing in properties associated with this builder.

Legal Case Review

Case Overview

• Cases Won: 0
• Cases Lost: 1
• Number of Complaints: 1

The sole legal case filed against Infinity Infra involved a complaint where the appellant claimed that the builder had violated Section-13(1) of the Real Estate (Regulation and Development) Act-2016. It was alleged that the builder collected more than 10% of the sale consideration amount without registering the agreement for sale. The builder contested this claim, asserting that there was no violation of the RERA Act. However, the verdict concluded with the dismissal of the complaint against the builder.

Analysis of the Builder's Legal Performance

Patterns in Cases Lost

Infinity Infra has only one recorded lost case, and it is characterized by issues related to compliance with regulations, particularly surrounding upfront payment and registration. This raises critical concerns regarding their adherence to established real estate laws, which can significantly affect buyer confidence and investment security.

Patterns in Cases Won

Since Infinity Infra has not won any cases, it adds to the concern surrounding their legal standing. A track record free of victories may suggest difficulties in resolving disputes favorably, pointing towards potential management or operational issues within the organization.

Conclusion

Based on the available data, Infinity Infra presents a cautious profile for prospective property buyers. The existing complaint and the lack of successful legal defenses illustrate potential risks associated with purchasing a property from this builder. It is essential for buyers to conduct thorough research and due diligence before making any commitments.

Tips for Potential Buyers Considering Infinity Infra

1. Research Thoroughly: Investigate other buyers' experiences with Infinity Infra and check for any additional complaints or reviews.
2. Seek Legal Counsel: Consult a legal expert familiar with real estate transactions to help navigate any agreements or disputes.
3. Verify Documentation: Ensure all documentation related to the property is complete, especially regarding registration and compliance with RERA.
4. Consider Alternatives: Given the builder's legal challenges, evaluate other builders with better reputations and track records.

General Tips for Buyers When Selecting Any Builder

1. Check Credentials: Verify the builder's licenses, registration, and compliance with local regulations.
2. Read Reviews: Look for reviews on independent websites and forums to gauge customer satisfaction.
3. Visit Completed Projects: If possible, visit other completed projects by the builder to assess quality and craftsmanship.
4. Request Transparency: Demand clarity on project timelines, payment schedules, and any additional costs.
5. Understand the Contract: Take the time to read and understand all terms of the purchase agreement before signing.

In summary, while Infinity Infra operates in the real estate space, potential buyers should approach this builder with caution, understanding the implications of their legal struggles and performance history.

Analysis of the cases filed against the builder Infinity Infra, where the builder lost, reveals several key insights into their legal disputes.

The cases can be broadly categorized into two themes: Regulatory Compliance Disputes and Sale Consideration Amount Claims.

Regulatory Compliance Disputes revolve around the builder's adherence to the Real Estate (Regulation and Development) Act-2016 (RERA Act). In one significant case, the appellant claimed that the builder had violated Section-13(1) of the RERA Act by collecting more than 10% of the sale consideration amount without registering the agreement for sale. This highlights a pattern where builders may face legal challenges due to non-compliance with regulatory requirements, particularly concerning financial transactions and contractual agreements.

Sale Consideration Amount Claims primarily involve disputes over the amount of money collected by the builder during the sale process. As seen in the aforementioned case, the focus is often on whether the builder has adhered to the stipulated limits before finalizing any agreement.

Common reasons for bringing cases to court include contesting penalties for alleged violations, disputing financial practices of the builder, and disagreements over contractual obligations. The builder’s litigation often stems from a failure to align their practices with the regulatory framework, which leads to legal challenges from the other parties involved.

The builder lost these cases predominantly due to their inability to meet regulatory standards. In the case that was dismissed, the builder's defense did not sufficiently address the violation claimed by the appellant, indicating potential inadequacies in their compliance measures or their understanding of the RERA Act.

Overall, these cases underscore the importance for builders to ensure thorough compliance with the RERA Act, especially regarding the collection of sale consideration amounts and the registration of agreements for sale. It also highlights the need for buyers to be vigilant and informed about their rights under the same act to protect their interests in any real estate transaction.