SHALIMAR HOUSING AND FINANCE LIMITED

Introduction

In the world of real estate, choosing the right builder is often the key to a satisfactory home buying experience. Today, we delve into the track record of Shalimar Housing and Finance Limited, a prominent player specifically in Madhya Pradesh. Here we will examine their reputation based on complaints, victories in legal disputes, and overall conduct, giving potential buyers an informative perspective on what to expect.

Builder Overview

Despite receiving 3 complaints, Shalimar Housing maintains a perfect record in the legal arena, having won all the cases brought against them. This brings into question the nature of the complaints and the circumstances surrounding them.

Legal Case Analysis

Cases Lost

Interestingly, while Shalimar Housing has not lost any cases, it is important to highlight the details surrounding the three complaints filed against them:

1. Nature of the Complaints: All three cases pertained to customers claiming inadequate facilities and compensation for flats booked in 2007.
2. Builder's Defense: In each instance, the builder contended that the complaints were made too late, as the property was booked in 2007, and possession was granted by 2009. The authority dismissed the cases on the grounds that the complaints were filed beyond the permissible 5-year period from the date of possession.

This pattern reveals that the core issue in complaints against Shalimar Housing may stem from buyer expectations regarding post-sale support and communication regarding timelines for facilities. Yet, the builder's successful legal defense suggests that they adhere to regulations concerning complaint timelines.

Cases Won

• Shalimar Housing has an impeccable record of winning all cases brought against them. This typically signifies solid builder practices, a well-informed approach to customer communication, or robust contract terms ensuring both parties understand their obligations.

Conclusion

Upon evaluating the performance of Shalimar Housing and Finance Limited, several points stand out. Although they have faced three complaints, their complete success in the corresponding legal matters indicates a strong grounding in legal practices surrounding their operations.

Tips for Potential Buyers

1. Understand Legal Timelines: When purchasing property, be aware of the complaint filing periods to avoid missing out on your legal rights post-purchase.
2. Clarify Facility Details: Ensure clarity on the amenities that will be provided upon possession of the property. Always confirm these details before making a purchase.
3. Review Previous Feedback: Investigate the builder's history and review any available feedback from other buyers. Their experiences can shed light on what to expect.

General Tips for Selecting Any Builder

1. Check Legal History: Research the legal history of any builder, examining past complaints and how they were resolved.
2. Inspect Quality of Construction: If possible, visit completed projects to assess the quality firsthand.
3. Understand the Contract: Be clear on all terms and conditions in the builder's agreement, focusing on delivery timelines and what happens in case of disputes.

In conclusion, while Shalimar Housing and Finance Limited presents a generally favorable profile, potential buyers should always approach any real estate investment with a thorough understanding of their rights and the builder's commitments.

An analysis of the cases filed against the builder, Shalimar Housing and Finance Limited, which the builder won, revealed the following information. The disputes fall primarily under three recurring themes: Delayed Possession Claims, Claims for Lack of Facilities, and Complaint Timeliness and Legal Compliance.

1. Delayed Possession Claims: Many of the cases involved assertions from applicants regarding delayed possession of flats. However, the builder successfully argued that possession was provided within a reasonable timeframe, thus undermining these claims.
2. Claims for Lack of Facilities: Complaints regarding inadequate amenities and facilities associated with booked flats were common among the appellants. The builder defended these allegations by showcasing that the necessary provisions were either fulfilled or were beyond the time limit for filing complaints, thereby refuting the claims.
3. Complaint Timeliness and Legal Compliance: A significant reason for the dismissal of these cases was the plaintiffs' failure to file complaints within the stipulated 5-year period following the possession of the property. This theme underscores the legal requirement for timely grievance submissions, invalidating many of the complaints brought against the builder.

The primary reasons behind these legal disputes were often centered around buyers contesting delays in possession, seeking penalties for perceived inadequacies, or disagreements over regulatory compliance. Patterns from the summary suggest that potential buyers frequently brought cases forth based on reservations or misunderstandings regarding their purchased properties, often leading to litigation.

Notably, the common reasons for the builder emerging victorious in these cases included the failure of the opposing party to provide sufficient evidence, along with their non-compliance with legal timelines. Furthermore, misunderstandings regarding property provisions led to many complaints being deemed unjustified. Shalimar Housing and Finance Limited effectively navigated these claims, often against exaggerated allegations, demonstrating a robust defense mechanism in place.

This analysis illuminates the builder's overall reputation as a resilient entity within the real estate sector. However, it also reflects a broader trend in the market wherein buyers may sometimes launch baseless complaints, prompting drawn-out legal disputes. The builder's ability to defend against such claims successfully speaks to its stability and readiness to counter unwarranted allegations.

Lastly, potential buyers should heed this analysis as a learning point on the importance of informed decision-making within the real estate market. While legitimate disputes exist, examining cases like those faced by Shalimar Housing and Finance Limited reveals that builders can often uphold their reputations against unjust claims. Buyers are advised to approach property-related claims with caution, prioritize thorough research, and rely on verified information prior to forming opinions about a builder's worthiness and trustworthiness.