SHIVANANDAN BUILDTECH PRIVATE LIMITED

Introduction

In the ever-evolving real estate industry, understanding a builder's track record can significantly influence a buyer's decision. This article provides an analysis of Shivanandan Buildtech Private Limited, focusing on their legal history and performance in project delivery, particularly in Haryana.

Overview of Shivanandan Buildtech Private Limited

Shivanandan Buildtech Private Limited operates within the real estate sector, focusing primarily on projects in Haryana. A scrutiny of their legal performance reveals a mix of cases and outcomes that potential buyers should consider.

Legal Case Analysis

Cases Involved

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

Breakdown of Legal Issue

The solitary case filed against Shivanandan Buildtech involved a complainant who sought delayed possession interest and requested a restraint on further GST charges. Notably, the builder did not respond to the notice served, leading to a ruling by the authority that ordered the builder to pay interest at the rate of 9.30% per annum from June 27, 2017, until actual delivery of possession.

Patterns in Legal Cases

Cases Lost

The sole case that Shivanandan Buildtech has lost exemplifies a pattern where the builder failed to respond to legal notices. This lack of engagement can potentially tarnish the builder's reputation and suggests a possible issue in client communication or project management. The authority's decision to levy interest indicates accountability on the part of the builder for delays in possession, which could set a precedent for future claims.

Cases Won

On the contrary, while the builder has not won any cases, it is important to point out that the company did not present any defense in the case it lost, which gives insight into their legal strategy or operational challenges. The absence of victories highlights an urgent need for improvement in the builder's client relations and response protocols.

Conclusion

The examination of Shivanandan Buildtech Private Limited suggests that their track record raises concerns, particularly regarding case management and customer responsiveness. With a single lost case reflecting an inability to address complaints adequately, potential buyers may want to approach with caution.

Tips for Potential Buyers

1. Research Thoroughly: Investigate the builder's past projects and legal standing before making any commitments. Ensure you are aware of any complaints or disputes.
2. Communicate Clearly: Engage in open communication with the builder, asking detailed questions about timelines, project milestones, and inconveniences.
3. Seek Legal Counsel: Prior to signing agreements, consult with a legal expert to ensure you understand all terms and conditions, especially concerning payment schedules and possession timelines.

General Tips for Selecting a Builder

• Reputation Matters: Look for builders with a solid reputation for delivering projects on time and with good quality.
• Check Credentials: Ensure the builder is linked to recognized real estate bodies and maintains up-to-date licenses.
• Visit Completed Projects: Evaluate the quality and finishes of past projects to better understand what to expect.

In conclusion, while Shivanandan Buildtech Private Limited has a presence in the market, their legal challenges are a crucial factor to consider. Potential buyers would do well to remain vigilant and informed when evaluating this builder.

Analysis of the cases filed against Shivanandan Buildtech Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around delayed possession claims, penalties imposed for project delays, and disputes over GST charges and interest payments.

The most notable theme is the Delayed Possession Claims. In these cases, the complainants sought compensation for the prolonged duration in which they were unable to receive possession of their properties. An example of this is the claim made by the complainant who sought delayed possession interest from June 27, 2017, till the actual offer of possession, highlighting the significant inconvenience caused by the delay.

Penalties for Project Delays is another recurring theme. Although the builder's defenses were inadequately presented (or not presented at all, as seen in the cited case), the implications suggest that the builder may have faced penalties due to a failure to complete projects on time, which further aggravated the claims for delayed possession.

The GST Charges and Interests theme emerges from the complainant's request to restrain further GST charges, indicating a dispute over the financial obligations imposed on buyers due to the builder's actions. This might suggest either an overcharge or an inappropriate application of GST, leading to dissatisfaction among buyers.

Common reasons for bringing cases to court include contesting these penalties, disputing delay attributions, and disagreements over financial charges. Buyers appeared to be triggered into legal action primarily by significant delays in possession and financial disputes that arose from those delays.

The builder lost these cases predominantly due to a lack of defense or an inadequate response to the claims made against them. The sole case where a verdict was noted highlighted that the builder failed to reply despite being served with a notice, leading to a default judgment against them. This pattern suggests a concerning level of disengagement from legal obligations and buyer grievances, which likely contributed to the builder's losses.