Introduction

When it comes to finding a reputable builder for real estate investments, it’s crucial to consider the builder’s track record. SHIVSHAKTI DEVELOPERS, a prominent player in the Gujarat real estate market, has had a fluctuating performance in the legal arena, which potential buyers should understand. This blog post will delve into the builder's legal history, offering insights into their performance and valuable tips for prospective buyers.

Legal Case Overview

SHIVSHAKTI DEVELOPERS has faced one legal complaint. The details of this case shine a light on the builder’s adherence to regulations and their approach to legal challenges.

• Case Summary: The legal complaint centered on allegations that SHIVSHAKTI DEVELOPERS violated the provisions of the Real Estate (Regulation and Development) Act, 2016. Specifically, the appellant claimed that the builder failed to mention the RERA registration number and website in their sales advertisements. The response from SHIVSHAKTI DEVELOPERS acknowledged that while they did not willfully violate the regulations, they admitted to the oversight and requested leniency on the associated penalty. Ultimately, the Authority levied a fine of Rs. 1,25,000 against the builder.

Analysis of Legal Outcomes

Pattern in Cases Won

Interestingly, while SHIVSHAKTI DEVELOPERS has had only one legal battle, the outcome revealed a degree of acknowledgment of responsibility. The builder admitted to the violation but argued that it was unintentional. This suggests a certain level of willingness to cooperate with regulatory bodies, which could be a positive sign for prospective buyers.

Pattern in Cases Lost

In this case, the loss stems from an evident oversight in adherence to RERA advertising mandates. The builder's inability to provide accurate information in their marketing materials reflects a need for improved compliance systems. A single loss may not be indicative of widespread issues, but it does highlight an area for caution for potential buyers who value regulatory transparency.

Conclusion

Given the available data, SHIVSHAKTI DEVELOPERS has encountered legal challenges that warrant careful consideration from potential buyers. While the builder demonstrated cooperation in their response to the violation, the fact remains that they were held accountable for failing to meet specific legal requirements.

Tips for Potential Buyers

1. Research Regulatory Compliance: Before purchasing, ensure that the builder has a clean record in meeting RERA standards and other legal guidelines.
2. Look for Transparent Communication: Evaluate how well the builder communicates and fulfills legal obligations, as this can indicate future reliability.
3. Inspect Previous Projects: Review previous projects by SHIVSHAKTI DEVELOPERS to assess their quality and adherence to timelines.
4. Seek Reviews and Testimonials: Talk to previous buyers to gain insights into their experiences with the builder.

General Tips for Selecting Any Builder

• Assess Track Record: Research the builder’s history, including any complaints or legal cases.
• Check for Licenses and Certifications: Ensure that the builder is registered and has appropriate licenses.
• Understand the Details: Always read the fine print in agreements and ensure that all necessary details are included in the contract.
• Visit Sites: If possible, visit ongoing or completed projects to verify quality and workmanship.

In essence, while SHIVSHAKTI DEVELOPERS has encountered challenges, thorough research and diligence can empower potential buyers to make informed decisions.