SAMBHAVNATH APARTMENT COMPLEX LIMITED

Introduction

When it comes to investing in real estate, choosing the right builder is crucial. Today, we will take a closer look at Sambhavnath Apartment Complex Limited, a builder with a presence in Rajasthan. Evaluating their track record through complaints and legal cases can provide valuable insights for potential buyers.

Overview of Sambhavnath Apartment Complex Limited

Sambhavnath Apartment Complex Limited operates within the real estate sector in Rajasthan. However, the builder has encountered legal challenges, reflecting potential concerns for buyers. With only one recorded complaint and a legal dispute that resulted in a loss, it’s important to delve deeper into these aspects.

Legal Case Details

The builder has faced a total of two legal cases: one that was lost and one that had a verdict in their favor. Here’s a summary of these cases:

1. Respondent Claim: The respondent argued that the completion certificate for the project was issued on December 1, 2019, and mentioned a payment of Rs. 19,028 made for the extension of its validity.
   • Final Verdict: The authority imposed a penalty of Rs. 15,000 but conditionally discharged the notice, indicating that while there was a penalty, it did not escalate into a major ruling against the builder.

Analysis of Legal Cases

Patterns in Lost Cases

• Documentation Issues: The loss of a case indicates potential issues with either the completion documentation or compliance with building regulation timelines. The need to pay a penalty suggests there may be lapses on the builder's part in adhering to the necessary legal or procedural standards.
• Customer Relations: A complaint may also signify dissatisfaction from a purchaser, reflecting possible shortcomings in communication or service delivery, which can lead to disputes and legal challenges.

Patterns in Won Cases

• Mitigation of Penalties: The case in which the builder won was not a complete victory, as it still resulted in a penalty. However, they were able to avoid more severe legal repercussions, indicating that while they may occasionally fall short, they take measures to comply with authorities when necessary.

Conclusion

Based on the data available, Sambhavnath Apartment Complex Limited presents a mixed bag for potential buyers. Their single complaint and the one lost legal case highlight some operational challenges that must be addressed. Prospective buyers should proceed with caution and thoroughly investigate any potential investment in projects offered by this builder.

Tips for Potential Buyers

1. Conduct Thorough Research: Look into the builder’s history, including their past projects, feedback from previous buyers, and any legal disputes. Knowledge is key.
2. Seek Professional Advice: Engaging with a real estate advisor or legal professional can provide insights into the builder's reputation and reliability.
3. Request Documentation: Always ask for completion certificates and other relevant legal documents before proceeding with any transaction.
4. Consider Location and Amenities: Evaluate projects not just on the builder’s reputation but also on location, amenities offered, and overall value.

General Tips for Buyers Selecting Any Builder

• Look for Established Names: Builders with a lengthy track record are often more reliable.
• Check Reviews and Ratings: Online platforms can provide insight into customer experiences.
• Understand the Contracts: Be sure you are clear about the contractual obligations and terms before signing anything.
• Be Wary of Unrealistic Promises: If a deal sounds too good to be true, investigate further.

By taking these precautions and strategies into account, buyers can make informed decisions that protect their interests in the real estate market.

Analysis of the cases filed against Sambhavnath Apartment Complex Limited, where the builder lost, reveals several key themes and key pieces of information across the board. The cases highlight key aspects that can be grouped into key categories, notably penalties for project delays, disputes over the extension of validity, and non-compliance with municipal orders.

The first type of case involves penalties imposed on the builder for delays in the project. In one notable case, the authority imposed a penalty of Rs. 15,000 on the builder after it was noted that the completion certificate was issued on 01.12.2019. This highlights a pattern where builders may face financial repercussions due to insufficient adherence to project timelines.

Disputes over the extension of validity represent another significant theme. In the case mentioned, the respondent claimed to have remitted Rs. 19,028 for the extension of validity, indicating a common practice among builders to seek extensions, which may lead to disputes over the validity of projects or the fees associated with these extensions.

Non-compliance with municipal orders is a broader category that may encompass various regulatory infractions, including building code violations or failure to secure necessary permits. While the provided summary does not delve into the specifics of non-compliance in the case of Sambhavnath Apartment Complex Limited, it is clear that such issues are critical in the outcomes of legal cases involving builders.

Common reasons for litigation in these cases include contesting penalties, disputing delays attributed to other parties, and disagreements over project classifications or the requirements for extensions of validity. Builders often find themselves in court due to a misunderstanding of regulatory requirements or a failure to fulfill their obligations, which emphasizes the importance of legal compliance in the construction industry.

The builder’s losses in these cases can be attributed to several factors, such as insufficient evidence to support their claims, non-compliance with legal or regulatory requirements, or failure to follow interim directions from authorities. These patterns suggest that Sambhavnath Apartment Complex Limited may have faced challenges related to adherence to timelines and regulatory frameworks, leading to unfavorable outcomes in litigation.