| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the realm of real estate, potential buyers often find themselves in a daunting sea of choices. Among these choices is SHAKTI CONSTRUCTION, a builder that has made its mark in Gujarat but comes with its unique set of challenges and legal inquiries. This post delves into the builder's complaint history, legal battles, and what potential buyers should keep in mind when considering an investment with this entity.
Builder Overview
Name: SHAKTI CONSTRUCTION
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
States with Projects: Gujarat
Legal Case Details
Overview of Legal Challenges
SHAKTI CONSTRUCTION has been embroiled in a complaint related to their project 'Ambika Pinnacle.' The complaint emphasized the builder's failure to file a final report on project completion within the established time frame. Although the builder claimed that the project was completed on December 7, 2021, and the final report was filed on September 30, …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shakti Construction, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around two main topics: penalties for project delays and non-compliance with regulatory requirements.
In the case of penalties for project delays, the authority imposed a penalty of Rs. 75,000 on the builder for not filing the final report on the completion of their project 'Ambika Pinnacle' within the prescribed time frame. This highlights a troubling trend where builders may not adhere to crucial deadlines, which can create ripple effects throughout the real estate ecosystem, particularly concerning transparency and compliance.
The reason people commonly bring such cases to court often centers around the builder’s failure to fulfill obligations that are crucial for maintaining proper records and complying with legal standards. In the instance of Shakti Construction, the delay in filing the final project report resulted in a …
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