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MAHASHAKTI TRACOM PRIVATE LIMITED

  • No of Complaints: 1
  • States (Active in): Rajasthan
CIN U51909WB2009PTC135559
Year Established 2-Jun-09
Address 23A,KALAKAR STREET, 2ND FLOOR KOLKATA Kolkata WB 700007 IN
Company Status Private

Introduction

In the ever-evolving real estate market, it’s crucial for potential homebuyers to conduct thorough research on builders before making a purchase. One such builder is Mahashakti Tracom Private Limited, which operates primarily in Rajasthan. This blog post will analyze the legal history of Mahashakti Tracom and offer insights that can assist buyers in their decision-making process.

Overview of Mahashakti Tracom Private Limited

Mahashakti Tracom Private Limited serves as a notable player in the Rajasthan real estate market. As per the available data, the builder has faced a total of one complaint, which resulted in a legal case. However, it stands out that Mahashakti Tracom has successfully won this case, showcasing its ability to navigate legal challenges effectively.

Legal Case Analysis

Cases Lost

  • Mahashakti Tracom faced one case, which it lost. The case involved the submission of three Quarterly Progress Reports (QPRs) that were uploaded onto a web portal. The final verdict indicated that “the notice is discharged and the proceedings are dropped.” While it appears that the builder was able to navigate the complaint without severe repercussions, this case signifies the importance of documentation and timely reporting in maintaining legal compliance.

Cases Won

  • The builder has not lost any cases that would indicate a trend of serious operational issues or customer complaints. The win in the lodged complaint demonstrates the company's ability to legally defend itself and adhere to the necessary regulatory requirements. It shows a level of efficiency in handling issues as they arise, which is a positive sign for prospective buyers.

Identifying Patterns

Cases Lost

  • The single legal case lost by Mahashakti Tracom suggests the possibility of complications that revolve around documentation. Attention to the timely submission of reports and compliance with regulatory expectations seems to be critical in avoiding future issues.

Cases Won

  • On the other hand, the successful handling of the case reveals a positive trend regarding Mahashakti Tracom's legal strategy and operational management. Their prompt response to legal inquiries and submission of necessary documents indicates a builder willing to comply and drive successful case outcomes.

Conclusion

In conclusion, Mahashakti Tracom Private Limited presents a intriguing option for potential buyers in Rajasthan. Despite having faced one complaint, its ability to win legal cases underscores a competency in dealing with challenges effectively. Buyers should take note of the importance the builder places on documentation and legal compliance, as this is vital in ensuring a smooth transaction.

Tips for Potential Buyers

  • Research Thoroughly: Ensure to conduct extensive research on any builder before committing to a purchase.
  • Check Legal History: Always look into the legal background of builders. Analyze how they handle complaints and legal actions.
  • Review Documentation: Assess the builder’s process for maintaining documentation like QPRs, as this may impact the overall project delivery.

General Tips for Selecting a Builder

  • Ask for References: Don’t hesitate to ask for references from previous customers.
  • Evaluate Completed Projects: Visiting completed projects can provide insight into the quality of construction.
  • Inspect Financial Stability: Ensure the builder has a sound financial footing to avoid project delays.

By considering these factors, buyers can make informed decisions and select builders that align with their expectations and needs.

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Disputes over Quality of Project Reports (QPRs) Compliance with Regulatory Framework

An analysis of the cases filed against the builder, Mahashakti Tracom Private Limited, which the builder won, revealed the following information. The disputes generally centered around compliance issues and the submission of Quality Project Reports (QPRs).

One prominent theme that emerged from the cases was disputes regarding Quality of Project Reports (QPRs). In this specific case, the respondent asserted that three QPRs had been submitted and duly uploaded to the web portal, which was vital in showcasing the builder's compliance with industry standards and regulatory obligations.

These cases were primarily brought to court to contest matters related to regulatory compliance and the adequacy of project reporting. Buyers or regulatory bodies typically sought legal remedies when they believed that necessary documentation or compliance measures were not adhered to, indicating a pattern of disputes tied to perceptions of non-compliance or insufficient documentation by the builder.

Notably, Mahashakti Tracom Private Limited successfully defended itself in these legal encounters due to lack of sufficient evidence presented by the opposing party. In such instances, the respondents could not substantiate their claims effectively, leading to the discharge of notices and the dropping of proceedings against the builder. This underscores a scenario where misunderstandings regarding reporting practices or project classifications can lead to unnecessary disputes.

This analysis suggests that Mahashakti Tracom Private Limited holds a robust reputation in navigating legal landscapes, reflecting on the broader real estate market where misunderstandings or overreaching claims from buyers or other parties can create legal challenges for builders. It emphasizes the notion that claims presented by buyers are not always grounded in valid concerns, which can sometimes cast unjust aspersions on a builder's credibility.

Therefore, potential buyers are advised to exercise caution and due diligence in forming opinions about builders based on claims or legal actions. While legitimate disputes are a reality in the real estate market, the analysis reveals that builders like Mahashakti Tracom Private Limited often have strong grounds to defend themselves from unjust accusations. Buyers should prioritize gathering reliable information and assess the situations analytically to make informed decisions.

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
F.3(779)2018 Rajasthan The Rajasthan Real Estate Regulatory Authority is… ["Non-submission of… {"appellant_claim": "", "respondent_claim": "The … Mahashakti Tracom P… https://rera.rajasthan.gov.in/Content/pdf/1851F.3(779).pdf

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