CIN | U74999PB2018PTC047348 |
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Year Established | 4-Jan-18 |
Address | SANTE MAJRA RD KHARAR MOHALI Mohali PB 140301 IN |
Company Status | Private |
When considering a property investment, it's crucial to evaluate the builder's track record. Today, we delve into SBP Shinestar Private Limited, a builder that has drawn the attention of potential home buyers. Through an examination of the available legal data, we can assess the company's performance and identify insights for prospective buyers.
According to available information, SBP Shinestar Private Limited has encountered a total of 1 complaint, resulting in 1 case won and 0 cases lost. While this might seem like a strong performance, it’s essential to understand the context behind these numbers to form a complete picture.
Based on the available data, SBP Shinestar Private Limited presents a relatively favorable case for potential buyers. The absence of lost cases with adverse rulings implies a solid defense against claims. Furthermore, their ability to win even a single case speaks volumes about their operational integrity and credibility within the market.
In summary, while SBP Shinestar Private Limited appears to be a reliable choice based on its legal performance, potential buyers should continue to engage in thorough research and due diligence to ensure a decision that aligns with their expectations and needs.
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Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, SBP Shinestar Private Limited, which the builder won, revealed several recurring themes that characterize the disputes. These themes include Delayed Possession Claims, Non-compliance with Municipal Orders, Disputes over Land Conversion or Classification, and Penalties for Project Delays. Each category sheds light on the nature of conflict between buyers and the builder.
The cases often stemmed from complaints regarding delays in possession dates, allegations of not adhering to municipal regulations, and contentions related to land classification. It is common for buyers to initiate lawsuits due to perceived infringements on their rights, particularly in the movement of their properties or conflicts regarding the project timelines. These complaints can surface from the confusing web of regulations in the real estate market, leading buyers to seek legal recourse when immediate resolution is not attainable.
The victories achieved by SBP Shinestar Private Limited in these cases can largely be attributed to several factors. The opposing parties often struggled with providing sufficient evidence to support their claims, which left them vulnerable in court. Additionally, there were instances of non-compliance with legal protocols or misunderstandings on the part of the complainants regarding project classifications. These elements contributed to the builder's ability to mount effective defenses against allegations, sometimes highlighting the builders' adherence to regulatory standards and the validity of their practices.
This pattern in the case outcomes suggests a broader narrative within the real estate market, indicating that builders such as SBP Shinestar Private Limited maintain a reputable stance, often having to counter exaggerated or unfounded claims from buyers. As evident from these legal battles, it becomes clear that the real estate landscape can be fraught with misunderstandings that lead to disputes, and there can be instances where builders are wrongly accused.
In conclusion, potential buyers are advised to approach their decisions with a measure of caution. While it is important to acknowledge that legitimate disputes exist in any market, the analysis indicates that builders like SBP Shinestar Private Limited are capable of defending against unfounded or exaggerated claims effectively. Therefore, it is imperative for buyers to seek reliable information and conduct thorough research to make informed decisions regarding their investments in real estate.
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 |
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GCNo 0333 of 2022 | Not provided | The complaint was dismissed for want of prosecuti… | ["dismissal for wan… | {"appellant_claim": "Not provided", "respondent_c… | Rajni Arora | SBP Shinestar | https://rera.punjab.gov.in/rera/rwdataOrdersJudgements\2023\M3333\/20230127FormM_OJbyAuth5cade386-f6e1-43ac-bf7f-58b9c249b7e1.pdf |