| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the world of real estate, choosing the right builder is crucial for ensuring a smooth purchasing process and a positive experience. Today, we will take a closer look at SHAKTI DEVELOPERS, a builder operation primarily in Gujarat. This analysis will delve into their track record, including complaints, legal challenges, and insights for potential buyers.
Builder Overview
SHAKTI DEVELOPERS has faced a total of 3 official complaints, all of which resulted in legal losses for the company. It’s important for potential buyers to consider these factors when evaluating their options in the market.Legal Case Details
Despite filing cases against the builder, it is noteworthy that SHAKTI DEVELOPERS has stood strong in legal defenses, winning 0 cases and losing 3 cases. Here’s a look at the details of the cases:- RERA Reporting Compliance: The appellant alleged that SHAKTI DEVELOPERS failed to submit quarterly project …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shakti Developers, where the builder lost, reveals several key themes across the disputes. The cases highlight key areas of non-compliance with the Real Estate (Regulation and Development) Act, 2016 (RERA) and its associated rules, demonstrating an unsettling trend in the builder's operations.
The first type of cases revolve around the builder's failure to adhere to the RERA Act and Rules, particularly concerning project reporting and advertising. In one case, the builder was chastised for not submitting quarterly reports for the 'SHIVALAY HOMES' project as mandated by the RERA. This highlights a significant concern regarding the builder's accountability and transparency in project management.
Another recurring theme is the builder’s violations in advertising and promotions. The RERA Act requires builders to mention their registration number and website in all advertisements, which Shakti Developers failed to do on multiple occasions. This not only breaches the trust placed …
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