| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
When investing in real estate, understanding a builder's reputation and legal history is crucial. In this blog post, we take a detailed look at Satyam Infra, a builder operating in Gujarat, to better inform potential buyers about their standing in the industry.
Overview of Satyam Infra
Satyam Infra has had a relatively quiet presence in the legal arena, with only one complaint lodged against them. Unfortunately, this solitary case resulted in a loss for the builder, raising questions about their compliance with real estate regulations.
Legal Case Details
A summary of the legal case against Satyam Infra reveals that the appellant claimed the builder violated Circular-13 under Section-11(2) of the Real Estate (Regulation and Development) Act-2016. The specific violation involved the omission of the RERA registration number and website in their advertisement. The builder responded by stating that the oversight was unintentional. However, the authority found them guilty of the violation and imposed a penalty of Rs. 25,000. This situation indicates that while the builder's intention may not have been malicious, their lack of attention to regulatory detail resulted in a legal setback.
Analysis of Legal Patterns
Common Factors in Lost Cases
In Satyam Infra's lone lost case, the common factor was a clear violation of established real estate regulations, specifically regarding advertising practices. The ruling highlights the importance of compliance with legal requirements in the industry. It also underscores how even minor oversights can lead to significant repercussions in the form of penalties.
Common Factors in Won Cases
Interestingly, Satyam Infra has not won any cases, which presents a concerning trend. The absence of successful defenses suggests a struggle in maintaining compliance with regulatory standards, which is vital for building trust among consumers and stakeholders alike.
Conclusion: Assessing Satyam Infra
Based on the provided data, Satyam Infra appears to face challenges in adhering to legal requirements, illustrated by their sole legal incident that resulted in a loss. Potential buyers should approach this builder with caution, considering their inability to navigate the legal landscape successfully.
Tips for Potential Buyers
- Research Thoroughly: Before making any purchasing decisions, conduct extensive research on the builder’s legal history and reputation in the market.
- Inquire About Compliance: Ask Satyam Infra or any builder about their compliance with RERA regulations to ensure they adhere to the required standards.
- Check for Outstanding Complaints: Look for any patterns in complaints against the builder and understand how they were addressed.
General Tips for Choosing a Builder
- Verify Credentials: Ensure the builder is registered with RERA and has a valid registration number.
- Read Reviews and Testimonials: Look for feedback from previous customers to gauge their experiences.
- Seek Professional Advice: Consider consulting with real estate professionals or legal experts when entering into contracts to safeguard yourself.
By keeping these insights in mind, potential buyers can make more informed decisions when considering Satyam Infra or any other builder for their property investments.
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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 Satyam Infra that the builder lost revealed several key points across the spectrum of disputes encountered in real estate transactions.
The cases against Satyam Infra primarily cluster around two main themes: regulatory non-compliance and penalties for violations. In the regulatory non-compliance category, the most notable case involved Satyam Infra's violation of Circular-13 under Section-11(2) of the Real Estate (Regulation and Development) Act-2016. The builder failed to mention the required RERA registration number and website in their advertisements, which led to a direct imposition of penalty without much debate.
Common reasons for bringing cases to court in these instances revolve around the builder's obligations to adhere to legal frameworks established to protect consumers in the real estate market. The specific trigger in the case of Satyam Infra was their negligence regarding regulatory compliance, which not only incited legal action but also highlighted potential red flags for prospective buyers.
The builder's defense—that the omission was an oversight—indicates a pattern of insufficient due diligence with respect to legal or regulatory requirements. This factor is crucial in understanding why Satyam Infra lost the case: non-compliance with established regulations resulted in an unavoidable penalty, demonstrating a lack of accountability in their operations.
In conclusion, the cases against Satyam Infra serve as a reminder for potential buyers to exercise caution when engaging with builders that have a history of legal disputes, particularly those involving regulatory non-compliance. It is imperative for buyers to conduct thorough research and ensure that the builders they consider adhere to all necessary laws and regulations before making any commitments.
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 |
|---|---|---|---|---|---|---|---|
| GU/CMIYSM. 24182570… | Gujarat | The case involves a complaint against Satyam Infr… | ["Violation of RERA… | {"appellant_claim": "The appellant claims that Sa… | Gujarat Real Estate… | Satyam Infra | https://drive.google.com/uc?id=1wSpb3HcTFrWYK6HhNk_dKrF-qxbRy1WV |