CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Shine Buildcon Private Limited, operating primarily in Haryana, has been the subject of scrutiny due to its legal standing and customer satisfaction. With a total of 7 complaints filed against them and a striking record of 0 cases won, it's essential to delve deeper into these legal matters and understand the implications for potential buyers.
The cases against Shine Buildcon highlight a consistent theme of delayed possession of commercial units. The majority of the complaints indicate that the builders have failed to deliver on time, leading to concerns among the complainants regarding unfair terms in their agreements.
The notable pattern in the cases lost by Shine Buildcon revolves around the persistent issue of delayed possession. Complainants frequently cited the builder's failure to provide their commercial units within the agreed timelines. Though the builder asserted unforeseen circumstances, such as the COVID-19 pandemic, as reasons for these delays, the authority consistently found the builder culpable, ordering them to pay delay possession charges. This illustrates a troubling trend for buyers; consistent failures in timely possession may indicate systemic issues within the company's operational capabilities.
Interestingly, while there were instances of amicable settlements (which resulted in cases being withdrawn), they do not reflect a significant victory for the builder. The authority generally upheld the complaints regarding delays, suggesting a lack of substantive win on the builder's part. The builder's claims often revolved around unforeseen events impacting their obligations, but these defenses did not translate into favorable outcomes. Hence, the idea of "winning" in this context is somewhat misleading, as the verdicts still intended to compensate the complainants.
Overall, Shine Buildcon Private Limited's record raises several red flags for potential buyers. The repeated instances of lost cases and delayed possessions suggest significant operational inefficiencies. Prospective buyers should approach this builder with caution, understanding the potential risks involved.
In closing, while Shine Buildcon continues to engage in the real estate market, the patterns observed in their legal history serve as a cautionary tale for potential buyers. Being diligent and thorough in your decision-making process will be key to making a positive investment in your future.
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