SALASAR BALAJI REAL ICFA

Overview of Salasar Balaji Real ICFA

Salasar Balaji Real ICFA is a builder based in Madhya Pradesh, currently known for having a troubling legal history. With a total of 5 complaints lodged against them, the builder has faced scrutiny in their construction practices, notably losing all 5 of the cases brought against them.

Legal Case Details

An analysis of the cases reveals significant problems regarding project delays and failure to deliver possession as promised. Below is a brief summary of each of the claims made by the applicants, all of which resulted in unfavorable verdicts for Salasar Balaji Real ICFA:

1. Case Summary: An applicant alleged they paid Rs. 5,80,000 yet did not receive possession of the constructed property, nor interest on the funds disbursed. The verdict favored the applicant, ordering the builder to pay the amount with interest at 7% p.a.
2. Case Summary: Another applicant claimed non-delivery of flat possession and sought compensation and interest. The adjudicator also sided with the applicant, directing the builder to compensate.
3. Case Summary: A different applicant cited lack of publicity for the project and non-delivery of possession. Again, the ruling was against the builder, requiring them to compensate the applicant.
4. Case Summary: Two separate instances were cited where the builder allegedly did not deliver possession or complete the construction work as per the stipulated period. Both cases concluded in the applicant's favor, with the adjudicator ordering the builder to return the entire amount paid plus interest at 8% per annum.

Patterns in Legal Cases

Cases Lost

A common thread among the cases the builder has lost is the failure to deliver possession on time, which appears to be a critical area of concern that directly affects customer trust and confidence. Additionally, the complaints often include a failure to provide necessary compensation or interest for delayed services, indicating poor management and operational accountability.

Cases Won

Interestingly, the builder has faced cases where they did not win, indicating a pattern that highlights their inability to defend against claims related to construction delays and non-payment issues. The cases that were ruled in favor of applicants often centered around the builder’s failure to comply with contractual obligations. The absence of successful defenses on the part of Salasar Balaji signals a significant disparity in their project management practices.

Conclusion: Assessing Salasar Balaji Real ICFA

Given the legal history of Salasar Balaji Real ICFA, potential buyers should approach with caution. The complete loss of all complaints suggests serious shortcomings in their ability to fulfill contractual obligations and deliver projects as promised. Buyers may find themselves facing significant risks by engaging with this builder.

Tips for Potential Buyers

1. Research Thoroughly: Investigate the track record of the builder and seek reviews or testimonials from previous customers.
2. Request Documentation: Ensure that all agreements are well-documented, including timelines for possession and penalties for delays.
3. Legal Assurance: Consult with a legal advisor before signing any agreements to understand your rights and protections.

General Tips for Selecting Any Builder

• Check Licenses and Registrations: Ensure that the builder is licensed and compliant with local laws.
• Visit Previous Projects: Tour completed projects to evaluate quality and adherence to timelines.
• Read Reviews: Look for reviews and ratings across various platforms to gauge overall customer satisfaction.

By adhering to these strategies, buyers can navigate the housing market more effectively and enhance their chances of a positive investment experience.

Analysis of the cases filed against Salasar Balaji Real ICFA, where the builder lost, revealed significant insights into the recurring themes surrounding their legal disputes. The cases can be broadly categorized into several types, highlighting essential aspects of the builder's interactions with clients.

The predominant theme among these cases is Delayed Possession Claims. Multiple applicants claimed that the builder failed to provide possession of their flats within the stipulated period. This theme is often intertwined with Failure to Provide Interest/Compensation, as applicants sought interest on their payments and compensation for the delays. The builder's inability to meet project timelines created a ripple effect, leading to dissatisfaction and legal recourse among buyers.

Disputes over Construction Completion also emerged as a key theme. Several applicants alleged that the builder did not complete the construction work on their flats, which further aggravated the possession delays. In responding to these claims, the builder often countered with Allegations of Non-Compliance with Contractual Obligations, suggesting that applicants had delayed payment of installments or failed to adhere to the terms of the contract. However, the legal outcomes did not favor the builder, indicating a failure on their part to fulfill contractual agreements.

A pattern evident from the summaries is that people commonly brought cases to court due to the builder's inability to deliver on promises—particularly concerning timely possession and complete construction of properties. The builder's litigation typically revolved around their attempts to deflect responsibility, often by blaming applicants for perceived non-compliance or payment delays.

The reasons for the builder's losses in these cases are multifaceted. A notable factor is the insufficient evidence presented by the builder to support their claims of contractual compliance and timely construction efforts. Additionally, the builder may have misunderstood regulatory requirements or failed to adhere to legal standards governing real estate transactions, which could have contributed to their legal defeats. The consistent failure to provide interest and compensation as mandated by legal authorities further highlights the builder's non-compliance with established regulations.

In conclusion, the analysis of these cases underscores the importance of diligence and compliance in the real estate sector. Buyers should be cautious when engaging with builders that have a history of legal disputes, as this may indicate broader issues with construction practices and customer service. Always thorough research and consider current legal standings before making any purchase decisions.