SHITAL COOPERATIVE HOUSING SOCIETY LIMITED

Understanding Shital Cooperative Housing Society Limited: A Comprehensive Overview

When considering investing in a property, selecting the right builder is crucial for ensuring a smooth purchasing experience. One such builder in Gujarat is the Shital Cooperative Housing Society Limited. In this post, we'll take a closer look at the company's track record, legal issues, and what potential buyers should consider before making a decision.

Builder Overview

Name: Shital Cooperative Housing Society Limited
State of Operations: Gujarat

Legal Issue Snapshot

In the realm of real estate, disputes can arise, and it's essential to understand how a builder handles these situations. Here’s a summary of the legal issues faced by Shital Cooperative Housing Society Limited:

• Number of Complaints: 1
• Cases Won: 0
• Cases Lost: 1

Detailed Case Analysis

The only recorded case against Shital Cooperative Housing Society Limited involved allegations of regulatory compliance.

Case Summary:

• Appellant's Claim: The builder claimed that they did not willfully violate the provisions of the Act and sought not to be penalized.
• Respondent's Claim: The respondent argued that the builder sold a flat without proper registration, thus violating the Act.
• Final Verdict: As a result of this case, the Authority imposed a fine of Rs. 1,25,000 on Shital Cooperative Housing Society Limited.

Patterns and Common Factors

Cases Lost:

• Regulatory Non-compliance: The primary reason for the loss of the single case against Shital Cooperative Housing Society Limited was non-compliance with legal regulations concerning the registration of property sales. Such violations can lead to significant financial penalties and damage a builder's reputation.

Cases Won:

• No Wins Recorded: It is notable that Shital Cooperative Housing Society Limited has not won any cases, which may indicate underlying issues with adherence to regulations or operational practices.

Conclusion

In light of the information provided, Shital Cooperative Housing Society Limited has faced legal challenges, particularly surrounding compliance with property registration laws. The imposition of a fine in their only documented case raises questions about their operational standards and adherence to legal protocols.

Tips for Potential Buyers

1. Due Diligence: Always conduct thorough research on a builder's reputation. Given Shital Cooperative's legal track record, it's advisable to seek more reviews and feedback from previous customers.
2. Verify Registration: Ensure that all property transactions are documented properly and comply with local regulations.
3. Consult Legal Experts: If considering purchase from a builder with a record of legal issues, consulting with a real estate lawyer would be prudent.
4. Inspect Previous Projects: Visit prior developments by the builder to assess quality and adherence to timelines and commitments.

General Tips for Selecting a Builder

• Check Reviews and Ratings: Look for customer experiences online to gauge satisfaction levels.
• Evaluate Financial Stability: A financially stable builder is more likely to complete projects on time.
• Look for Accreditations: Accreditation from professional bodies can provide additional assurance of the builder's credibility.

In conclusion, while Shital Cooperative Housing Society Limited operates in Gujarat, potential buyers should exercise caution and conduct thorough checks before proceeding with any property transactions.

The analysis of the cases filed by Shital Cooperative Housing Society Limited, wherein the builder lost, reveals significant insights about the nature of its disputes and the reasons behind these legal challenges.

The cases can be categorized under two common themes:

1. Non-compliance with Regulatory Provisions: This theme captures scenarios where the builder allegedly failed to adhere to the legal requirements mandated by governing bodies. One case prominently highlighted this issue, where the builder was accused of violating the Act by selling a flat without the necessary registration.
2. Penalties for Unregistered Transactions: Here, the builder faced financial penalties, specifically a fine imposed for non-compliance with registration norms. This underscores a pattern where the builder’s oversight or negligence in completing necessary documentation resulted in legal repercussions.

The reasons behind the builder’s legal actions predominantly revolve around disputing various penalties imposed for non-compliance, particularly contesting the validity and supposed willfulness of the violations cited. It appears that the builder often aimed to avoid liabilities associated with regulatory missteps, believing that their actions were not willfully negligent.

A discernible pattern emerges when examining the common triggers for litigation: instances of regulatory non-compliance, particularly in relation to sales and registrations, stand out as significant factors prompting the builder to seek judicial intervention.

In examining the reasons for the builder’s losses in these cases, two key factors surface:

• Insufficient Evidence: The builder failed to adequately demonstrate that there was no willful violation of the laws, leading to unfavorable verdicts.
• Non-compliance with Legal Framework: The builder's conduct, particularly surrounding the registration of properties, clearly violated normative standards established by law, creating grounds for penalties.

Overall, these case summaries indicate a need for builders like Shital Cooperative Housing Society Limited to adhere strictly to regulatory requirements and ensure comprehensive documentation to avoid costly legal ramifications in the future.