SAI ASHIRWAADH LAKE VIEW ASHIRWAADH BUILDERS AND DEVELOPER

Introduction

In the competitive real estate market, potential buyers must carefully assess builders before making significant investments. In this post, we delve into the troubling history of Sai Ashirwaadh Lake View, a project by Ashirwaadh Builders and Developers based in Karnataka, examining the accumulation of complaints against them and the outcomes of legal disputes.

Overview of Complaints Against Sai Ashirwaadh Lake View

With a staggering 256 complaints lodged against Sai Ashirwaadh Lake View, and zero of these claims winning favor for the developer, potential buyers should be particularly cautious. All complaints revolve around unmet promises and delays in delivering critical amenities initially promised by the builder.

Summary of Legal Cases

A total of 256 cases have been filed against the developer, with the following patterns evident:

1. Common claims from complainants：
   • Amenities Not Provided: The main issue raised is the failure to deliver amenities that were promised in the sale agreement. These include essential utilities such as transformers, lifts, dedicated electricity meters for all flats, parking allotment, power backup, and recreation spaces such as gyms and children's parks.
   • Delay in Completion: Multiple complaints highlight frustration regarding delays in providing basic infrastructure, which often remained unresolved despite promises of completion within specified timelines (typically 8-10 months).
2. Responses from the Developer：
   • Unfulfilled Promises: The developer frequently claimed that amenities would be delivered, albeit with repeated extensions on deadlines. Many case outcomes mandated the developer to meet these promises by the end of the year, coupled with financial penalties for delays, evidencing a consistent failure to adhere to previously committed timelines.

Conclusion

Sai Ashirwaadh Lake View stands as a cautionary tale for potential homebuyers, with a clear pattern of unmet obligations and litigations highlighting a lack of reliability in the builder's commitments.

Recommendations for Potential Buyers

Given the troubling history of Sai Ashirwaadh Lake View, here's how potential buyers can safeguard themselves:

1. Thorough Research: Investigate reviews and complaints against builders. Use online platforms that aggregate user reviews and feedback on builders.
2. Legal Protection: Have a real estate attorney review contracts and terms to ensure protections are in place in case of non-fulfillment.
3. Site Visits and Inspections: Visit the site frequently before and after purchase to ensure construction progresses as promised.
4. Clarity on Amenities: Clearly outline expectations in contracts regarding amenities and timelines to minimize disputes later.
5. Understand the Market: Familiarize yourself with local real estate norms and standards to have realistic expectations from builders.

General Tips for Selecting Any Builder：

• Credentials and Reputation: Verify their licenses, certifications, and reputation in the industry.
• Previous Projects: Review their past projects for quality and timeliness.
• Warranty and Insurance: Ensure they provide appropriate warranties and insurance for their work.

By following these insights and recommendations, potential buyers can better navigate their purchasing decisions in real estate, especially in light of the cautionary tale presented by Sai Ashirwaadh Builders and Developers.

Analysis of the cases filed against the builder Sai Ashirwaadh Lake View Ashirwaadh Builders and Developer, where the builder lost, revealed significant insights into the common themes and disputes surrounding their projects.

The cases primarily revolve around three critical themes: Amenities Provision Delays, Failure to Adhere to Sale Deed and Agreement, and Delay Compensation Disputes. The majority of the complaints were lodged by homeowners who accused the builder of failing to provide the promised amenities within the stipulated timeline. These amenities included transformers, separate meters for all flats, lifts, power backup, parking area allotment, proper drainage systems, and various other essential facilities for comfortable living.

Homebuyers commonly brought cases to court due to the builder’s inability to deliver these amenities as per the agreements made during the sale process. They contested the builder's claims of providing amenities within an 8-10 month timeframe, which repeatedly proved to be unrealistic. The builder's failures paved the way for numerous disputes, primarily centered around the delay in provision of amenities and the perceived breaches of contract.

A consistent pattern emerged from the case summaries: the builder’s tendency to undertake to provide required facilities while failing to adhere to their commitments. This led to multiple rulings against the builder, directing them to fulfill their obligations by the end of the year accompanied by orders to pay delay compensation ranging from Rs. 10,000 to Rs. 10,000 per month per complainant until the completion of the amenities.

The builder lost these cases primarily due to their inability to honor the terms of the sale deed and agreements, a lack of evidence to support their claims of timely provision of amenities, and a general non-compliance with the expectations set during the purchase process. The adjudicating officer's decisions reflect a need for builders to take their commitments seriously and for homebuyers to be vigilant and proactive in their rights.