| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the vast landscape of real estate builders, SAPTAK BUILDCON stands as a notable entity, particularly in Gujarat. In this article, we will explore the builder's track record, including legal cases and the implications for potential buyers.
Builder Overview
- Name: SAPTAK BUILDCON
- Number of Complaints: 1
- Cases Won: 0
- Cases Lost: 1
- States with Projects: Gujarat
Legal Case Details
SAPTAK BUILDCON has faced legal scrutiny, with one notable case that culminated in a loss for the builder. The details of this case offer critical insights into their operations and compliance with the law.
- Case Summary:
- Appellant Claim: The appellant accused SAPTAK BUILDCON of failing to submit quarterly reports promptly, thereby violating the RERA Act and its associated rules.
- Respondent Claim: The builder, in this instance, contended a lack of awareness regarding the law and expressed regret for any inadvertent violation. Additionally, they requested leniency in penalties.
- Final Verdict: The regulatory authority concluded by imposing a penalty of Rs. 25,000 on SAPTAK BUILDCON and mandated the submission of the overdue quarterly report within 30 days of paying the fine.
Analysis of Legal Cases
Patterns in Lost Cases
The primary issue that led to the loss of the case for SAPTAK BUILDCON revolves around non-compliance with regulatory reporting requirements. This case underscores a potential pattern of inadequate awareness or oversight regarding legal obligations in the real estate sector.
Patterns in Won Cases
Interestingly, SAPTAK BUILDCON has not won any cases, indicating a troubling aspect of its legal history. The case in which the builder was penalized reflects a lack of successful defense against claims, suggesting that the builder may need to improve its operational and compliance strategies.
Conclusion
In summary, SAPTAK BUILDCON has faced legal challenges that emphasize the importance of adherence to regulatory requirements. With one lost case and no victories in their legal track record, potential buyers should approach with caution. Nevertheless, every buyer should conduct thorough research and due diligence.
Tips for Potential Buyers
- Research the Builder: Always check the builder's legal history, including complaints and case outcomes, to better understand their credibility.
- Review Project Documentation: Ensure that all necessary documents related to the project are in order, including approvals and compliance with RERA regulations.
- Seek Transparency: Ask the builder for updates on compliance with regulatory requirements, especially concerning financial reporting and project timelines.
- Engage with Past Buyers: Getting in touch with previous clients can provide valuable insights into the builder’s reliability and professional conduct.
General Tips When Selecting Any Builder
- Check Credentials: Verify the builder’s registration with relevant authorities and their track record in completing projects.
- Compare Projects: Look at multiple builder options in your desired area to evaluate differences in quality, pricing, and customer service.
- Understand Terms and Conditions: Carefully review the sale agreement and payment plans to avoid hidden clauses that may affect your purchase.
By following these guidelines, prospective buyers can make informed decisions in a complex real estate market.
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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 SAPTAK BUILDCON, where the builder lost, reveals several key points across the disputes raised. The cases highlight key themes surrounding non-compliance with the Real Estate Regulatory Authority (RERA) Act and rules, as well as the imposition of penalties for late submission of mandatory reports.
The first type of case involves the builder's failure to adhere to the RERA Act by not submitting quarterly reports on time. This reflects a broader pattern of non-compliance with regulatory requirements, which is a common theme in real estate disputes. The builder's defense—that they were unaware of the law and had no intention to violate it—indicates a significant lack of diligence and understanding of their obligations under the Act.
The primary reason people brought cases to court in this instance was to contest the builder's non-compliance, which resulted in a direct penalty imposed by the authority. The builder's regret and request to not be penalized were insufficient to mitigate their violation, leading to a fine and an order to comply with reporting requirements within a specified timeframe.
The common reason for the builder's loss in these cases centers around their failure to fulfill their obligations under the RERA Act. Insufficient knowledge of the law and a lack of compliance with reporting requirements directly triggered the penalties. This underscores the importance for builders to familiarize themselves with and adhere to the regulatory framework to avoid legal repercussions.
In conclusion, the cases against SAPTAK BUILDCON serve as a reminder to the real estate community about the necessity for compliance with legal and regulatory standards. Builders should take proactive steps to understand their obligations, ensure timely reporting, and avoid actions that could be construed as violations of the RERA Act and rules to prevent similar outcomes in the future.
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 |
|---|---|---|---|---|---|---|---|
| 8VAR-400/2018 | Gujarat | The Gujarat Real Estate Regulatory Authority fine… | ["Non-submission of… | {"appellant_claim": "The appellant claimed that t… | Gujarat Real Estate… | Saptak Buildcon | https://drive.google.com/uc?id=1JgCAS4jC_aac6RtrrL5WqegmYWvXyk3X |