SARVA SHANTI PROPERTIES PRIVATE LIMITED

Understanding Sarva Shanti Properties: A Deep Dive into Their Track Record

When considering a real estate investment, the reliability of the builder is a crucial factor that can significantly influence your decision. One such builder, Sarva Shanti Properties Private Limited, operates primarily in Gujarat and has a limited but notable track record that potential buyers should examine closely.

Overview of Sarva Shanti Properties Private Limited

Sarva Shanti Properties Private Limited has recorded one complaint against it, culminating in a legal case that the builder lost. This leads to a total of zero cases won, painting a concerning picture of the builder’s standing in the real estate market.

Legal Case Details

In an analysis of the single legal case against Sarva Shanti Properties, we see that the appellant claimed a direct violation of Section-13(1) of The Real Estate (Regulation and Development) Act-2016. The specifics are quite alarming:

• The builder did not register agreements for sale for 42 units despite having collected more than 10% of the sale consideration.
• The builder defended itself by asserting that there was no intentional violation of the RERA Act and promised that the agreements would be registered shortly.
• However, in a turn of events, the court found Sarva Shanti Properties guilty of breaching the provisions of the RERA Act and imposed a penalty of Rs. 50,000.

Analysis of Patterns in Legal Cases

Cases Lost

The singular case that Sarva Shanti Properties has lost brings to light a few patterns worth noting:

• Legal Compliance: The violation of the RERA Act is serious and indicates a lack of adherence to legal obligations which should be a red flag for potential buyers.
• Trustworthiness: The fact that the builder has faced legal action over unregistered agreements raises questions about their reliability and commitment to fulfilling their contractual obligations.

Cases Won

Interestingly, Sarva Shanti Properties does not have any successful outcomes in legal disputes, as they have not won any cases. This absence of victories in legal matters may reflect poorly on their business practices and customer service strategies.

Conclusion

Based on the available data, Sarva Shanti Properties Private Limited appears to be a company that, at the very least, has yet to prove its commitment to legal and ethical business practices. With one complaint and an adverse ruling under their belt, potential buyers should approach this builder with caution.

Tips for Potential Buyers

1. Conduct Thorough Research: Before making any commitments, research the builder’s history thoroughly. Given their legal troubles, it becomes increasingly important to understand their previous actions and claims.
2. Consult Legal Experts: If you choose to proceed with this builder, have legal counsel review contracts meticulously, especially concerning registration agreements.
3. Seek Customer Testimonials: Look for feedback from other buyers or clients who have worked with Sarva Shanti Properties to gain insight into their experiences and the builder's reliability.

General Tips for Selecting Any Builder

• Review Complaints and Disputes: Always check for any history of complaints or legal disputes associated with a builder.
• Verify Credentials: Ensure that the builder is registered with the appropriate regulatory bodies and has a valid license to operate.
• Inspect Previous Projects: If possible, visit completed projects by the builder to assess quality and maintenance.
• Understand the Contracts: Scrutinize all legal documents before signing, especially those concerning timelines, payment schedules, and reclamation processes.

In conclusion, while Sarva Shanti Properties may offer real estate solutions in Gujarat, potential buyers should exercise caution, ensure all legalities are clear, and remain vigilant in their investment decisions.

Analysis of the cases filed against Sarva Shanti Properties Private Limited, where the builder lost, revealed several key themes across the disputes. The primary issues revolve around the builder's non-compliance with the Real Estate (Regulation and Development) Act-2016 (RERA Act) and the ensuing penalties for these violations.

The cases highlight a pattern in which the builder was accused of failing to register agreements for sale, despite having collected more than the stipulated 10% of the sale consideration. This raised serious concerns about their adherence to legal standards in real estate dealings. The common trigger for litigation in these instances was the builder’s failure to uphold regulatory requirements, leading to violations that prompted legal action.

The reasons provided for these violations were often rooted in claims of unintentional non-compliance, with the builder suggesting that registrations would be completed soon. However, the legal system did not accept this defense, and the builder was found guilty of violating Section-13(1) of the RERA Act. This resulted in a penalty of Rs. 50,000, demonstrating the legal system's commitment to enforcing real estate regulations.

The conclusion drawn from these cases is that Sarva Shanti Properties Private Limited has faced challenges related to adhering to the RERA Act, which has resulted in legal consequences. This pattern should be taken into account by potential buyers who are considering engagements with the builder, as it reflects possible risks regarding the adherence to legal frameworks in the real estate transactions.