SHREE BALAJI ASSOCIATES & BUILDERS

Introduction

In the ever-evolving real estate market, potential buyers often find it challenging to choose the right builder. One such builder worth scrutinizing is Shree Balaji Associates & Builders, primarily active in the NCT of Delhi. This blog post aims to provide an informative analysis of the builder, focusing on their legal track record, particularly complaints and cases.

Legal Overview

A critical aspect of evaluating any builder is their legal history. According to available data, Shree Balaji Associates & Builders has encountered a total of two complaints, both of which resulted in significant legal setbacks for the builder, with zero cases won and two cases lost.

Summary of Legal Cases

The cases against Shree Balaji Associates & Builders highlight similar themes:

1. Appellant Claims: In both cases, appellants contended that they had entered into agreements to purchase three flats, highlighting a failure to deliver properties and return funds.
2. Respondent Claims: The builder, in response, asserted they were not the actual builders and claimed that the appellants had not paid the full purchase price.
3. Final Verdicts: Ultimately, both cases were remanded to RERA (Real Estate Regulatory Authority) for fresh examination, suggesting a lack of resolution and a potential ongoing issue within the builder's operations.

Analysis of Legal Patterns

Cases Lost:

The two cases lost by Shree Balaji Associates & Builders yield some patterns:

• Failure to Deliver: The primary concern raised by the appellants revolves around the non-delivery of flats, indicating a serious breach of contractual obligations.
• Financial Disputes: The disputes also underscore financial disagreements, specifically regarding the payment terms, suggesting a potential issue with transparency in transactions, which is a significant red flag for potential buyers.

Cases Won:

Interestingly, Shree Balaji Associates & Builders has not won any of the cases, which further emphasizes the need for prospective buyers to be cautious. Despite an intention to address complaints, the outcome has not favored the builder, raising concerns about their ability to comply with contractual agreements and deliver promised projects.

Conclusion

Considering the presented data, Shree Balaji Associates & Builders appears to be a risky option for potential buyers. A track record of legal losses, particularly in contract delivery, signals potential operational deficiencies that ought to be addressed before committing to a purchase.

Tips for Potential Buyers

For anyone contemplating purchasing from Shree Balaji Associates & Builders, the following tips may prove beneficial:

1. Conduct Due Diligence: Research the builder's history thoroughly. Check online reviews and feedback from previous clients to gauge their performance and reliability.
2. Consult RERA Records: Since the matters related to this builder have been escalated to RERA, it's advisable to check any registered complaints or actions taken against the builder.
3. Review Contract Terms: Ensure you have a clear understanding of the contract terms and seek legal counsel if needed.
4. Financial Clarity: Confirm all financial matters are clear and documented, verifying that you are aware of the payment structure before engaging in any agreements.

General Tips for Selecting Any Builder

Regardless of the builder, here are general tips when selecting:

• Reputation Matters: Look for builders with a solid reputation and positive testimonials.
• Licensing and Compliance: Ensure the builder is recognized and licensed by the relevant authorities to guarantee compliance and accountability.
• Visit Completed Projects: Always visit completed and ongoing projects to get a tangible sense of their work quality and professionalism.

In conclusion, purchasing property is a significant investment and demands thorough examination. Stay informed, and do not hesitate in seeking assistance when necessary.

Analysis of the cases filed against Shree Balaji Associates & Builders, where the builder lost, revealed several key themes across the complaints raised by the appellants. Notably, the cases primarily revolved around delayed possession claims and disputes over the builder's contractual obligations.

Many of the appellants claimed that they had entered into agreements with the builder for the purchase of multiple flats, yet none had been delivered, and their money had not been returned. This points to a significant breach of contract and a failure on the part of the builder to meet their commitments, which is a recurring trigger for litigation in real estate transactions.

The builder's defense consistently revolved around their claim of not being the actual builders of the flats, alongside assertions that the appellants had failed to pay the full agreed-upon amount. However, the appellate tribunal did not accept this defense and instead remanded the matters to RERA for further examination and to pass a speaking order, indicating potential inadequacies in the builder's evidence or compliance with regulatory requirements.

A pattern emerges from these summaries: the common triggers for the builder's litigation primarily involve allegations of delayed project delivery and financial disputes regarding advance payments. The builder’s repeated claims of not fulfilling their role as builders of the flats suggests a systemic issue that could indicate a lack of clarity in their contractual documentation or a deliberate attempt to obscure their responsibilities.

The reason the builder lost these cases likely stems from several factors, including insufficient evidence to support their claims, a failure to return deposits to the aggrieved parties, and potentially a misunderstanding or misrepresentation of their obligations under the purchase agreements. The tribunal's decision to remand the cases to RERA implies that the existing complaints and documents were not adequately addressed by the builder, highlighting potential regulatory compliance issues that could have contributed to their losses.