SHIVSHANKAR ASSOCIATES

An Overview of Shivshankar Associates

In the competitive world of real estate, choosing the right builder is crucial for ensuring a smooth home-buying experience. Shivshankar Associates, a builder based in Maharashtra, presents a mixed bag in terms of customer complaints and legal outcomes. This blog aims to provide a clear picture of Shivshankar Associates' reputation based on the available data, focusing on the complaints they've received and their legal challenges.

Complaints and Legal Case Overview

Shivshankar Associates has received a total of 1 complaint. This low number may seem promising at first, but the reality is colored by the outcome of the legal case associated with this complaint.

The builder has lost 1 case to date, with 0 cases won. The detailed case summary indicates a response to a legal action:

• Final Verdict: The appeal was disposed of due to non-compliance of an order to deposit 50% of the amount with MaRERA (Maharashtra Real Estate Regulatory Authority).

Analysis of Cases

Cases Lost

The lost case paints a concerning picture for potential buyers:

• The outcome suggests a lack of adherence to regulatory compliance, which can have significant implications for buyers. Non-compliance in financial matters could indicate issues in managing funds or fulfilling contractual obligations.

Given that there is only one case recorded, there are limited patterns to analyze specifically, but the outcome does highlight a potential risk area concerning regulatory adherence.

Cases Won

There are no cases won by Shivshankar Associates, which raises questions regarding their responsiveness to customer issues and their capacity to resolve conflicts through legal avenues. The absence of any favorable outcomes in prior cases might deter potential buyers from overly relying on legal recourse should disputes arise in the future.

Conclusion: Assessing Shivshankar Associates

Based on the provided data, Shivshankar Associates appears to have had a disappointing track record in their legal dealings. One complaint leading to a lost case suggests that the builder may not have a robust mechanism for addressing client grievances or complying with regulatory requirements. This lack of legal victories could raise concerns about their operational integrity and reliability.

Tips for Potential Buyers

For those considering purchasing from Shivshankar Associates, here are some important tips:

1. Due Diligence: Conduct thorough research about the builder's past projects and reputation. Collect feedback from previous clients if possible.
2. Understand the Contract: Read the fine print. Ensure you fully understand the terms, particularly related to payment schedules and penalties for non-compliance.
3. Seek Legal Advice: Given the builder's record, it may be prudent to consult with a legal expert on the implications of their contract and any related regulations.

General Tips for Choosing a Builder

Whether considering Shivshankar Associates or another builder, keep these tips in mind:

• Check Regulatory Compliance: Ensure the builder complies with local real estate regulations and holds necessary certifications.
• Look for Reviews: Explore online platforms for customer reviews and star ratings of builders. Positive feedback from previous clients can be reassuring.
• Inspect Previous Projects: If possible, visit current or past projects completed by the builder to gauge the quality and finish of their work.
• Ask for References: Request references from past clients to gain insight into their experiences and satisfaction levels.

In conclusion, while Shivshankar Associates may have potential, the current legal landscape highlights areas of concern. As a potential buyer, prioritizing research and due diligence cannot be overstated.

The analysis of the cases filed by the builder Shivshankar Associates, which it ultimately lost, reveals a clear pattern of disputes primarily characterized by issues of non-compliance with regulatory mandates, disputes over penalties related to project delays, and a failure to meet financial obligations, notably in adhering to interim court orders.

Under the theme of Non-compliance with Regulatory Orders, the builder often faced challenges related to compliance with directives set forth by regulatory bodies such as MaRERA (Maharashtra Real Estate Regulatory Authority). This theme encompasses cases where the builder did not adhere to required deposit procedures or failed to comply with other regulatory obligations, leading to unfavorable verdicts.

The second theme, Disputes over Project Delay Penalties, highlights the builder's contention against penalties imposed for project delays. In these cases, the builder typically argued that delays were caused by factors outside of their control, seeking relief from penalties. However, it appears that the courts upheld the penalties, indicating that the documentation or arguments presented by the builder may not have sufficiently substantiated the claims of external causation.

Lastly, the theme of Failure to Meet Financial Obligations relates to instances where the builder failed to comply with court orders to deposit necessary financial amounts, such as the 50% amount mandated by the court in one of the cases. This lack of compliance severely impacts the builder's standing in legal matters, as courts tend to look unfavorably upon parties who do not adhere to established financial commitments.

Throughout these disputes, a recurring reason for the builder's litigation appears to be the contesting of penalties and accusations of unfair treatment, particularly concerning project delays and regulatory compliance. Unfortunately, the outcomes of these cases often reflected a failure to present adequate evidence or meet the legal frameworks established by applicable laws and regulations.

The builder's losses can largely be attributed to their insufficient compliance with legal and regulatory requirements and a failure to follow through with interim directions, such as financial deposits requested by the court. These shortcomings not only hinder the builder's position in court but also contribute to a negative perception among potential buyers regarding their reliability and commitment to fulfilling legal obligations.

This dictionary structure provides a succinct overview of the legal challenges faced by Shivshankar Associates, emphasizing the themes of their disputes and a detailed analysis of the issues reflected within those cases.