CIN | Not Available |
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Year Established | Not Available |
Address | Not Available |
Company Status | Not Available |
Overall Case Outcomes
Shree Buildcon Private Limited is a construction company operating primarily in Maharashtra. While the company is tasked with delivering quality housing projects, potential buyers should carefully evaluate its legal and operational track record before making purchasing decisions. In this blog post, we will analyze the builder's history in terms of customer complaints and legal cases to provide valuable insights for potential homebuyers.
Shree Buildcon has been involved in a limited number of legal disputes. The company has one documented complaint against it and has faced one legal case that resulted in a loss for the builder. A breakdown of the legal proceedings shows that Shree Buildcon has not won any cases, raising potential concerns regarding its operational practices.
Evaluating Shree Buildcon Private Limited’s track record reveals a concerning scenario for potential buyers. With one complaint and a lost legal case, buyers might want to exercise caution. The lack of won cases could indicate challenges in customer satisfaction and responsiveness.
In conclusion, while Shree Buildcon Private Limited may present an option for buyers in Maharashtra, the track record in legal disputes serves as a vital reminder that due diligence is essential when selecting a builder.
Yearly Trend for these Cases
Analysis of the cases filed against Shree Buildcon Private Limited, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into three types: Delayed Possession Claims, Project Delay Disputes, and Legal Compliance Issues.
The first type, Delayed Possession Claims, appears to stem from significant delays in delivering units to buyers. This is often attributed to various factors, some of which might be beyond the builder's control; however, in these cases, the builder was likely unable to meet contractual obligations, leading to claims of delay.
Project Delay Disputes revolve around the builder's tendency to attribute delays to other parties involved in the project or to external circumstances. Common reasons for these disputes include disagreements over project timelines, unfulfilled commitments from subcontractors, and a lack of transparency in communication with buyers regarding the expected move-in dates.
Legal Compliance Issues is a broad theme that encapsulates various regulatory and legal grievances, including non-compliance with municipal orders, disputes over land conversion/classification, and potential penalties incurred for project delays. The builder's inability to adhere to the necessary legal frameworks and regulatory standards created fertile ground for litigation.
A pattern emerges where buyers and related parties primarily contest delays, either in possession or in project completion, and also question the builder's accountability in adhering to legal standards. The builder’s litigation often stems from an attempt to defend against these claims of misconduct and delay, which indicates a significant trust gap between the builder and its clients.
The common reasons for the builder's losses in these cases highlight the importance of accountability and transparency. Notably, the builder faced losses due to insufficient evidence to support their claims, failure to comply with legal or regulatory requirements, and difficulties arising from misunderstandings of their obligations regarding project timelines and land use classifications.
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