SHIKSHAPATRI BUILDCON

An Insight into Shikshapatri Buildcon: What Potential Buyers Need to Know

When it comes to choosing a builder for your dream home, it’s essential to conduct thorough research, especially considering the legal standing and track record of the builder. This blog post focuses on Shikshapatri Buildcon, a builder operating in Gujarat, examining their complaint history and legal outcomes to provide potential buyers with a well-rounded view of what to expect.

Overview of Shikshapatri Buildcon

Shikshapatri Buildcon has been involved in a legal case that offers insight into their operational integrity. With only one complaint against them, the builder has a mixed record in terms of legal proceedings. Below is an analysis of their complaint history and outcomes.

Legal Case Details

The key details of the legal case against Shikshapatri Buildcon include:

• Total Complaints: 1
• Cases Won: 0
• Cases Lost: 1

The sole case brought against Shikshapatri Buildcon resulted in them losing the case. The final verdict found the builder in violation of Section-11(2) of The Real Estate (Regulation and Development) Act-2016, leading to a financial penalty of Rs. 50,000. The promoter argued that the omission of the RERA registration number and related website was an unintentional mistake but failed to present a compelling defense.

Analysis of Legal Cases

Patterns in Lost Cases

• Compliance Issues: The central issue leading to the loss of the case was a compliance failure with the RERA regulations. This highlights a potential risk concerning how the builder adheres to necessary legal protocols and transparency requirements.

Patterns in Won Cases

• None Recorded: As per the current data, Shikshapatri Buildcon has not won any cases. This lack of successful legal outcomes suggests a need for potential buyers to exercise caution when considering this builder.

Conclusion

Overall, Shikshapatri Buildcon has a concerning legal track record, having lost their only legal case without any wins. This incident raises questions about their adherence to regulatory requirements and could signal a lack of thoroughness in their business practices.

Tips for Potential Buyers

For those considering purchasing from Shikshapatri Buildcon:

1. Conduct Thorough Research: Look for reviews and testimonials from previous buyers to understand their experiences.
2. Request Documentation: Ensure that all project documents, including RERA registration details and permits, are in order before making any commitments.
3. Seek Legal Advice: Consulting with a real estate lawyer can provide additional protection and insight into the builder's standing.

General Tips for Selecting a Builder

1. Check Reputation: Investigate the builder's track record and reviews online.
2. Assess Financial Health: Ensure the builder has a stable financial background, reducing risks associated with unfinished projects.
3. Verify Compliance: Confirm that the builder complies with all local regulations and has up-to-date licenses.
4. Visit Completed Projects: If possible, visit previous projects completed by the builder to gauge quality and workmanship.

By following these tips and remaining vigilant, potential buyers can navigate the complex landscape of real estate more effectively, ensuring a satisfactory investment in their future home.

Analysis of the cases filed against Shikshapatri Buildcon, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues primarily in two areas: regulatory non-compliance and penalties for misrepresentation.

In terms of regulatory non-compliance, the most notable case involved the builder's failure to include their RERA registration number and website in advertisements. This wasn't an isolated incident; it reflects a broader pattern of neglecting regulatory obligations which is a common theme in real estate disputes. The promoter's defense—that it was a mistake and that they had complied in other advertisements—was insufficient to mitigate the violation. Accordingly, Shikshapatri Buildcon was found to have violated Section-11(2) of The Real Estate (Regulation and Development) Act-2016, incurring a penalty of Rs. 50,000.

The reasons people brought cases to court primarily revolved around contesting penalties for regulatory non-compliance and misrepresentation. The builder's failure to adhere to the necessary procedures and requirements created friction that led to legal disputes. A pattern emerges wherein common triggers for the builder's litigation include lapses in their operational compliance, resulting in legal ramifications.

The builder lost these cases predominantly due to their inability to meet regulatory standards. The insufficient defense provided during the proceedings highlighted a lack of understanding or a reckless disregard for the legal framework surrounding real estate promotions. This underscores the importance for builders to ensure thorough compliance with the relevant laws and regulations to avoid such penalties and disputes.