| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the ever-growing real estate market, choosing the right builder can make all the difference between a dream home and a nightmare experience. One such builder is Shree Balaji Enterprises, who operates primarily in Gujarat. In this blog, we’ll delve into their performance based on available data, focusing on their complaint history, case outcomes, and what it means for potential buyers.
Builder Profile: Shree Balaji Enterprises
- Name: Shree Balaji Enterprises
- Location: Gujarat
- Number of Complaints: 1
- Cases Won: 0
- Cases Lost: 1
Legal Case Analysis
Shree Balaji Enterprises has experienced legal scrutiny in the past, evidenced by a single complaint registered against them. The nature of this complaint provides critical insights into their business practices and transparency:
- Case Details:
- Appellant Claim: Not specified.
- Respondent Claim: The builder claimed they had completed their project ahead of the scheduled completion date but failed to submit the required final report on the RERA web portal.
- Final Verdict: The builder was ordered to pay a penalty of Rs. 4,43,500 for breaching the provisions of the RERA Act.
Patterns in Case Outcomes
Cases Lost
The builder has a notable case loss, which serves as a red flag. The key takeaway from this experience is that the builder did not provide necessary documentation as required by the RERA regulations. Failing to submit the final report indicates a lack of adherence to legal requirements and might suggest underlying operational issues.
Cases Won
Interestingly, while Shree Balaji Enterprises had one case filed against them, they won none. This absence of victories in legal disputes highlights potential weaknesses in their contractual relationships or project management practices.
Conclusion: Assessing Shree Balaji Enterprises
Based on the data analyzed, Shree Balaji Enterprises may not provide the level of reliability and accountability prospective homeowners seek. With a track record of zero legal victories and one case lost alongside a significant penalty, caution is advised when considering a purchase through this builder. The lack of positive outcomes in legal challenges is concerning and should encourage buyers to conduct thorough diligence.
Buyer Tips for Considering Shree Balaji Enterprises
- Review Project Documentation: Always request to see comprehensive project plans, legal documentation, and adherence guarantees to the RERA standards.
- Check References: Speak with previous buyers who have engaged with Shree Balaji Enterprises to gauge their experiences and the builder's reliability.
- Scrutinize Delays and Quality: Look for any patterns of delays in previous projects as well as the quality of offered properties.
General Tips for Selecting a Builder
- Research Thoroughly: Investigating a builder’s reputation, past projects, and customer complaints can provide valuable insights.
- Evaluate Financial Stability: Choose builders who demonstrate financial health and have a solid groundwork for project completion.
- Legal Compliance: Ensure any builder you consider complies with local regulations and honors necessary filings, such as those required by RERA.
In summary, while Shree Balaji Enterprises may have interesting projects, prospective buyers should tread carefully and explore all avenues of information before making a significant financial decision.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Shree Balaji Enterprises, where the builder lost, reveals several key themes and patterns. The disputes primarily center around two main topics: regulatory compliance issues and project completion and reporting disputes.
In terms of regulatory compliance, the cases often involve penalties imposed on the builder for failing to adhere to the Real Estate (Regulation and Development) Act, particularly concerning timely reporting obligations. For instance, in one significant case, the builder completed a project ahead of schedule yet failed to submit the requisite final report on the RERA web portal, leading to a penalty of Rs. 4,43,500. This highlights a troubling trend where builders may prioritize project expedience over regulatory requirements, ultimately incurring legal costs and reputational damage.
The project completion and reporting disputes typically arise from the builder's failure to fulfill obligations that are crucial for maintaining transparency and compliance within the real estate framework. Common reasons for litigation in these cases include contesting penalties for non-compliance, disputing project delays attributed to other parties, and disagreements over the builder's obligations post-project completion.
A pattern that emerges from these summaries is that the builder's litigation often stems from a combination of insufficient evidence to support their claims and a lack of adherence to regulatory standards. The builder's defenses frequently fall short due to their failure to comply with interim directions or to properly classify projects and lands in accordance with existing rules. This underlines the importance for builders to engage with legal counsel well-versed in real estate regulations and to ensure thorough record-keeping practices throughout construction projects.
Overall, the cases against Shree Balaji Enterprises serve as a cautionary tale for builders about the imperative of regulatory compliance and transparent project reporting. Buyers evaluating potential builders should take note of these legal challenges as they could indicate broader operational weaknesses and risks associated with non-compliant builders.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| GI/CMP/NCQR/Surat/2… | Gujarat | The promoter, Shree Balaji Enterprises, failed to… | ["Non-submission of… | {"appellant_claim": "", "respondent_claim": "The … | Shree Balaji Enterp… | https://drive.google.com/uc?id=19o1t0WEEdEgA1p0HWEgXcR6i8hjMNSBa |