builder logo

ISHWAR DEVELOPERS

  • No of Complaints: 3
  • States (Active in): Gujarat
CIN Not Available
Year Established Not Available
Address Not Available
Company Status Not Available

Introduction

In the competitive real estate market, it is crucial for prospective homebuyers to conduct thorough research on builders before making a decision. This post delves into the track record of Ishwar Developers, based in Gujarat, highlighting their legal challenges and offering useful insights for potential buyers.

Overview of Ishwar Developers

Ishwar Developers has faced a total of 3 complaints, with a concerning record of 0 cases won and 3 cases lost. This paints a worrying picture for potential investors considering purchasing property from this builder.

Legal Case Details

Cases Lost by Ishwar Developers

  1. Audit Report Submission Issue: In this case, Ishwar Developers claimed that internal rifts and inadequate guidance from their RERA consultant led to their failure in submitting the annual audit report on time. However, the Gujarat Real Estate Regulatory Authority (RERA) imposed a penalty of Rs. 25,000 for this oversight, mandating the builder to rectify the omission by uploading the required report after settling the penalty.

Cases Filed Against Ishwar Developers (Where They Lost)

  1. Quarterly Reporting Violations: The RERA authority brought attention to Ishwar Developers' failure to submit quarterly reports in compliance with RERA regulations, resulting in a fine of Rs. 30,000. The builder did not provide any defense during this proceeding.
  2. Final Project Report Submission: In another instance, Ishwar Developers was penalized Rs. 30,000 for neglecting to submit the final report for the "Ishwar Heights" project. Although they expressed willingness to pay a penalty for this oversight, the decision underscored their lack of compliance.

Patterns Observed

Cases Lost

The cases that Ishwar Developers lost revolved around failure to comply with regulatory requirements such as timely submissions of important reports and documents. Common factors include:

  • Inability to submit mandatory reports: This has been a recurring issue, indicating potential administrative challenges or lack of diligence on the part of the builder.
  • Failure to mount a defense: In multiple instances, the builder did not present any claims or defenses in court, which may reflect a lack of engagement or seriousness in addressing complaints from regulatory bodies.

Cases Won

Interestingly, there are no cases won by Ishwar Developers based on the provided data. This can suggest inadequate legal representation or a more substantial pattern of regulatory non-compliance on their part.

Conclusion

Based on the presented information, Ishwar Developers has a troubling track record concerning regulatory compliance and legal disputes. Prospective buyers should exercise caution when considering projects from this builder.

Tips for Potential Buyers:

  • Conduct Due Diligence: Research the builder's compliance history and any legal issues they may have faced.
  • Ask for Documentation: Insist on receiving all necessary financial documents and reports, both past and future.
  • Visit Previous Projects: If possible, visit previous projects completed by the builder to view the quality of construction and management.

General Tips for Selecting a Builder:

  1. Evaluate Transparency: Choose a builder who is open about their processes and has a clean record concerning regulations.
  2. Review Client Testimonials: Authentic feedback can provide valuable insight into the experiences of previous buyers.
  3. Check Credentials and Licenses: Ensure that the builder is properly registered and licensed to carry out construction activities.

In summary, while the promise of new developments can be enticing, aligning with a builder that demonstrates reliability and compliance is paramount in safeguarding your investment.

No builder reviews yet. Be the first to share your thoughts!

Non-compliance with RERA Act and Rules Failure to Submit Mandatory Reports

Analysis of the cases filed against Ishwar Developers, where the builder lost, revealed significant insights into their legal disputes. The cases can be broadly categorized into two themes: non-compliance with the RERA Act and rules, and failure to submit mandatory reports on time.

The first type of cases involve penalties for non-compliance with the Real Estate Regulatory Authority (RERA) provisions. In these cases, the Gujarat Real Estate Regulatory Authority claimed that Ishwar Developers failed to adhere to the requirements set forth by the RERA Act and Rules, specifically concerning timely submissions of quarterly reports. The builder's defense in these instances was inadequate, leading to fines imposed by the authority. This highlights a troubling pattern of disregard for regulatory obligations, which is a red flag for potential buyers.

The second theme revolves around the builder's failure to submit essential reports for their projects. In one case, the final report for the project 'Ishwar Heights' was not submitted on the RERA web portal, which led to a penalty. The builder indicated a willingness to pay a reasonable penalty, showing some acknowledgment of their omission but also a lack of diligence in fulfilling their reporting duties.

Common reasons for the disputes in these cases include the builder's failure to meet deadlines for report submissions and their non-compliance with the RERA Act and Rules. This suggests that Ishwar Developers may lack adequate organizational processes to ensure timely and proper fulfillment of their obligations, which could be a concern for buyers regarding the management of future projects.

The builder lost these cases primarily due to their insufficient defense and failure to comply with the required regulations. The penalties imposed serve as a warning to the builder to take their obligations seriously and to potential buyers to exercise caution when considering projects from developers with a history of non-compliance.

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
GI/CMP/NCQR/Rajkot/… Gujarat The promoter, Ishwar Developers, failed to submit… ["Non-submission of… {"appellant_claim": "The appellant claimed that t… Gujarat Real Estate… Ishwar Developers https://drive.google.com/uc?id=1GZZ9TZGDcJ7i8nJs4NNBSbIVTGNDxlHQ
0/102/5810/22 Gujarat Gujarat Real Estate Regulatory Authority fined Is… ["Non-submission of… {"appellant_claim": "The appellant, Gujarat Real … Gujarat Real Estate… Ishwar Developers https://drive.google.com/uc?id=1z9OIxu5K6h7ePBMG04ocBuRDK23klZP1
Regulatory Non-compliance Penalties for Delayed Reporting Disputes with Consultants

Analysis of the cases filed by the builder Ishwar Developers, which it lost, reveals crucial insights into the recurring issues that characterize their legal disputes. The various cases can be grouped under common themes, shedding light on the underlying challenges faced by the builder.

  1. Regulatory Non-compliance: A significant aspect of the builder's disputes revolves around non-compliance with regulations, specifically related to the submission of important documentation. In the case summarized, the RERA authority imposed penalties due to the builder's failure to submit the annual audit report on time, showcasing the importance of adhering to regulatory requirements.
  2. Penalties for Delayed Reporting: Related to regulatory non-compliance, the builder faced monetary penalties resulting from failures to meet submission deadlines. The imposed penalty points to a lack of proper project oversight or internal issues affecting timely reporting.
  3. Disputes with Consultants: The builder cited a rift with their consultant as a reason for their failure to comply with RERA requirements. This highlights potential issues in project management and the need for effective communication and collaboration with third-party experts.

The primary reasons for bringing cases to court seem to stem from a desire to contest penalties imposed for non-compliance and to attribute delays to external factors, such as issues with consultants. The pattern indicates a tendency to seek legal recourse in situations where the builder feels unjustly penalized or where project timelines have been negatively impacted by parties outside of their control.

Despite their efforts, the builder commonly lost these cases due to several recurring reasons. Often, the lack of sufficient evidence to support their claims was a critical failure, alongside issues of non-compliance with legal or regulatory requirements. Instances where the builder failed to follow interim directions issued during the legal process also contributed to unfavorable outcomes. Furthermore, misunderstandings or miscommunications concerning land or project classification rules appear to have also impacted the builder's position in these disputes.

In conclusion, the analysis of Ishwar Developers' lost cases indicates a pressing need for improved internal processes, better compliance practices, and enhanced collaboration with external consultants to mitigate future risks and protect their interests in the highly regulated real estate market.

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
GJ/CMP/NCAR/RAJKOT/… Gujarat The promoter, Ishwar Developers, failed to submit… ["Non-submission of… {"appellant_claim": "The promoter claimed that th… Ishwar Developers https://drive.google.com/uc?id=1OHIaMKT_M6M_nUDFL_1ORsohjxYu4bxf

Interested to buy from this builder?

Assured Callback in 5 mins