CIN | Not Available |
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Year Established | 20-May-13 |
Address | GOYAL HOUSE, OPP. KARNAVATI CLUB, S.G. HIGHWAY NA AHMEDABAD Ahmedabad Gujarat 380015 |
Company Status | Not Available |
In the world of real estate, the reputation of a builder can significantly influence potential buyers' decisions. One such builder is SAFAL GOYAL REALTY LLP, operating primarily within Gujarat. Despite having a limited number of complaints and legal issues, the outcomes of these cases offer a window into the builder's business practices and reliability.
SAFAL GOYAL REALTY LLP has faced a total of 1 complaint, which resulted in the builder losing the case. The central issue revolved around the violation of the Real Estate (Regulation and Development) Act (RERA) concerning advertising practices. The appellant accused the builder of failing to display the RERA registration website in their promotional materials, while the builder argued that they had not willfully violated any regulations and had provided the necessary registration details.
In this instance, the Authority ruled against SAFAL GOYAL REALTY LLP, imposing a fine of Rs. 50,000 for the violation. This sets a precedent for the builder's responsiveness to regulatory requirements and raises questions about their adherence to legal standards in marketing and operations.
The single case lost by SAFAL GOYAL REALTY LLP highlights a significant issue: Failure to Comply with Advertising Regulations. This indicates a potential gap in the builder's awareness or implementation of compliance mechanisms regarding RERA regulations.
2. Cases Won:Interestingly, the builder has not won any cases; however, the legal history shows that they have faced scrutiny primarily for issues linked to regulatory compliance rather than structural or financial problems with their projects. This could suggest that while they engage in business operations, they may not always prioritize adherence to regulatory frameworks.
Based on the data, SAFAL GOYAL REALTY LLP arrives at a mixed reputation. With one complaint leading to a loss, it becomes imperative for potential buyers to consider their legal standing and practices. The fact that they operate in only one state, Gujarat, may limit their exposure and experience in evolving market conditions. Moreover, the fine for a RERA violation raises concerns about their marketing practices.
If you’re contemplating a purchase from SAFAL GOYAL REALTY LLP, consider the following tips:
In addition to specific considerations for SAFAL GOYAL REALTY LLP, potential buyers should also adhere to these general tips when selecting any builder:
In conclusion, while SAFAL GOYAL REALTY LLP has experienced limited legal challenges, the implications of their complaint should be carefully evaluated by prospective buyers. By performing due diligence and following best practices for selecting builders, buyers can safeguard their investments and ensure a smoother home buying experience.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against SAFAL GOYAL REALTY LLP, where the builder lost, revealed several key points across the disputes raised. The primary theme in these cases revolves around the builder's non-compliance with the Real Estate Regulatory Authority (RERA) Act, particularly concerning the mandatory display of RERA registration details in advertisements.
The cases highlighted a pattern where the builder faced penalties where they failed to adequately represent their registration status according to the provisions set by the RERA. This reflects a broader trend seen with builders who may not prioritize regulatory compliance in their marketing materials.
Common reasons for litigation in these instances typically center around the builder's violation of statutory guidelines, which leads to claims filed by consumers or the authority itself. The builder's defense often revolves around assertions of unintentional non-compliance; however, the underlying factor contributing to their losses stems from a lack of adherence to the necessary legal standards.
The conclusion drawn from these cases emphasizes the importance for builders to understand and fulfill their obligations under the RERA Act. The imposition of fines serves as a deterrent and underscores the commitment of regulatory bodies to protect the interests of real estate consumers. For potential buyers, this highlights the necessity of checking a builder's compliance with RERA and other relevant laws before making any investment.
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 |
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Suo-Moto Case No: 2… | Gujarat | The promoter-developer of the 'Riviera Elite' pro… | ["RERA Website Non-… | {"appellant_claim": "The appellant claimed that t… | Gujarat Real Estate… | Safal Goyal Realty … | https://drive.google.com/uc?id=1KP2qtVH8qh2oy11eUlnvYau8n4O-0HJg |