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Overall Case Outcomes
When considering a real estate investment, the reputation and reliability of the builder play a crucial role. In this post, we will take a detailed look at SHIVAM ENCLAVE, a builder currently operating in Gujarat, and analyze its performance based on legal matters and customer complaints.
This looks like a builder who faces some scrutiny, considering the only complaint lodged against them has not ended in their favor.
The builder’s defense claimed that the advertisement was flawed and asserted that they had handled the matter according to the provisions of Section-11(2) of the same act. However, the outcome was not favorable; SHIVAM ENCLAVE was fined Rs. 1,25,000 for the violation. This indicates a serious lapse in compliance with critical real estate regulations, which could raise red flags for potential buyers.
By taking these precautions, you can make a more informed decision when considering investing in a property developed by SHIVAM ENCLAVE or any builder. Always prioritize transparency and quality, as these are vital components of a successful real estate investment.
Yearly Trend for these Cases
Analysis of the cases filed against Shivam Enclave that the builder lost reveals several key points across the spectrum of disputes encountered in real estate transactions. The cases highlight two primary themes: regulatory non-compliance and violations of the Real Estate (Regulation and Development) Act, 2016 (RERA).
In terms of regulatory non-compliance, the cases demonstrate a pattern where the builder has faced scrutiny for failing to adhere to the mandated requirements outlined in the RERA. Specifically, the builder was found to have violated the provisions of the Act by not mentioning the required RERA registration number in an advertisement. This highlights a broader issue often encountered in the real estate sector where builders may neglect compliance with regulatory frameworks, potentially misleading buyers and undermining transparency.
The reasons people commonly bring cases to court against Shivam Enclave primarily revolve around allegations of regulatory non-compliance, as evidenced by the cases summarized. Buyers and the regulatory authorities may contest advertisements or project notifications that fail to provide required registration details. Such cases reflect a growing pattern of vigilantism among buyers who are increasingly aware of their rights under the RERA and are willing to hold builders accountable for any violations.
Examining the outcomes of the cases, it is clear that Shivam Enclave has faced penalties due to insufficient compliance with the legal requirements set forth by the RERA. In one notable instance, the builder was fined Rs. 1,25,000 for the aforementioned violation. The common factor in the builder’s losses is a distinct lack of adherence to regulatory standards, which underscores the importance of transparency and compliance in the real estate sector.
In conclusion, the cases against Shivam Enclave serve as a warning to builders about the necessity of adhering to the RERA and other regulatory standards. For potential buyers, these cases highlight the importance of conducting thorough due diligence and ensuring that builders comply with all necessary regulations before making any purchase decisions.
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