| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
Investing in real estate is a commitment that requires careful consideration of various factors, including the reliability of builders. In this blog post, we take a closer look at SHIVAY DEVELOPERS, a builder operating in Gujarat, to understand their track record through the lens of legal cases and complaints.
Overview of SHIVAY DEVELOPERS
SHIVAY DEVELOPERS is a construction entity based in Gujarat. With only one recorded complaint against them, they have a unique standing in the real estate market. However, their legal history reveals that they have faced challenges in meeting regulatory obligations, specifically concerning transparency in their reporting practices.
Legal Case Analysis
Lost Case
The only recorded case involving SHIVAY DEVELOPERS was filed by the Gujarat Real Estate Regulatory Authority (RERA). The authority complained about the builder's failure to submit quarterly reports regarding their projects on the RERA web portal, a crucial requirement stipulated under the RERA Act. …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shivay Developers that it lost reveals several key themes across the complaints made by other parties, particularly the Gujarat Real Estate Regulatory Authority (RERA).
The cases against Shivay Developers primarily cluster around three common themes: non-compliance with regulatory requirements, penalties for project delays, and disputes over project reporting. In the realm of regulatory non-compliance, the builder faced scrutiny for failing to adhere to the RERA Act and Rules, specifically concerning timely submission of quarterly project reports. This highlights a pattern where builders may face legal challenges stemming from their failure to fulfill obligations that ensure transparency and compliance within the real estate framework.
The imposition of penalties for project delays further illustrates the legal pressures builders face when they do not meet project timelines or other regulatory deadlines. Delays often trigger a chain of reactions leading to dissatisfaction among buyers and regulatory …
Builder Reviews
No reviews for this builder yet. Be the first one to share your thoughts!
Submit Your Review
Interested in buying from SHIVAY DEVELOPERS?
Leave your details – our team will call you back within 5 minutes.