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Overall Case Outcomes
In the world of real estate, the reputation of a builder can significantly influence buyer decisions. Today, we take a closer look at Shilp Shaligram, a builder primarily operating in Gujarat, to understand its legal standing and attributes that potential buyers should consider before making an investment.
Based on the provided data, Shilp Shaligram has faced a total of one complaint with a win-loss record of 0-1. This means that the builder has not won any legal cases and has lost at least one. The singular complaint lodged against the builder highlights an important incident where they were penalized.
The case involved claims made by an appellant, asserting that Shilp Shaligram had violated Section 11(2) of the Real Estate (Regulation and Development) Act, 2016. The core of this violation revolved around the failure to properly display the RERA (Real Estate Regulatory Authority) website in project advertisements. Although Shilp Shaligram contended that they did mention their RERA registration number, they admitted to omitting the website link. Ultimately, they were fined Rs. 50,000 for this oversight.
The case that Shilp Shaligram lost reflects a common issue among builders—non-compliance with regulatory requirements. Such issues often stem from inadequate measures taken to ensure transparency and adherence to the legal stipulations set forth by the RERA. Builders who fail to provide clear and accessible information tend to be at a higher risk of legal repercussions.
Although Shilp Shaligram has not won any cases, their defense centered on providing some level of transparency by stating their RERA registration number in advertisements. This indicates an attempt, albeit imperfect, to comply with regulatory standards. However, their loss shows the importance of adhering strictly to legislation.
Given the current data, Shilp Shaligram’s legal history indicates a need for improvement in compliance with real estate regulations. The existence of a complaint and the resulting penalty could be a red flag for potential buyers. It is essential to approach transactions with caution, considering the builder's track record of legal compliance.
For those considering purchasing from Shilp Shaligram or any builder with a similar profile, here are some tips:
Shilp Shaligram has a single legal complaint that resulted in a loss, underscoring the importance of regulatory compliance in the real estate industry. Potential buyers should be mindful of these legal issues while also considering broader criteria when selecting a builder. Being informed and vigilant can help ensure a safe and satisfactory property investment.
Yearly Trend for these Cases
Analysis of the cases filed against the builder Shilp Shaligram, which it lost, revealed several key themes across the complaints raised by the other parties involved. The cases highlighted two primary areas of dispute: regulatory non-compliance and penalties for project advertisements.
The first theme, regulatory non-compliance, encompasses the builder's violations of statutory requirements governing real estate projects. In the case summarized, Shilp Shaligram was found to have contravened Section 11(2) of the Real Estate (Regulation and Development) Act, 2016 by failing to display the RERA website in their project advertisements. This highlights a pattern where builders may prioritize promotional aspects over legal obligations, leading to potential misinformation to buyers and resulting in legal consequences.
The second theme, penalties for project advertisements, is closely tied to the first and reflects the specific reasons why the builder faced legal action. In this instance, the penalty was imposed due to the inadequate representation of RERA compliance in advertising materials. Common reasons for bringing cases to court in this area include contesting the adequacy of information provided in advertisements and disputes over the builders' adherence to regulatory frameworks that protect consumer interests.
Examining the outcomes of these cases reveals that the builder lost primarily due to a failure to meet regulatory requirements. The defense presented by Shilp Shaligram—that they had mentioned the RERA registration number but forgot to display the website—illustrates a troubling lack of diligence in ensuring compliance with crucial legal standards. This factor, along with the potential for insufficient evidence to support their claims of responsibility and adherence to regulations, underscores the common reasons for the builder’s losses in litigation.
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