SHREE ENERGY DEVELOPMENT PRIVATE LTD.

Introduction

In the competitive landscape of real estate development, the performance and reliability of builders can play a crucial role in the decision-making process of potential homebuyers. This blog post delves into the relevant details of Shree Energy Development Private Ltd., a builder with a targeted presence in Uttar Pradesh.

Legal Overview

Shree Energy Development Private Ltd. has reported a total of 1 complaint against them. Notably, they have successfully won 1 case while maintaining a clean slate by not losing any cases until now. This demonstrates a positive trend in their legal engagements.

Case Analysis

• Cases Lost: The builder faced one case where the appellant claimed the appeal was maintainable despite the project not being registered with UPRERA (Uttar Pradesh Real Estate Regulatory Authority). The respondent, however, contested this argument, asserting that the appeal was not maintainable due to the lack of registration. Ultimately, the case was dismissed. This case highlights a significant point; it underscores the importance of registration with the RERA, which serves as a regulatory framework aimed at protecting the interests of homebuyers. The loss stemmed not from the builder’s practices but rather from procedural adherence to mandatory regulations.
• Cases Won: With a track record of winning, Shree Energy’s ability to navigate the legal landscape effectively instills confidence in potential customers. However, the data does not provide specific details about the cases won, suggesting they might pertain to compliant projects or situations favorable to the builder under applicable laws.

Patterns Identified

From the information available, the following patterns can be identified:

• Case Loss Patterns: The only case the builder lost illustrates a critical legal requirement — registration with regulatory authorities. Future buyers should be diligent in verifying such registrations to avoid complications.
• Case Win Patterns: The builder’s singular success indicates a potentially proficient legal team or operational practices that align well with the law, emphasizing proactive legal strategies.

Conclusion

Shree Energy Development Private Ltd. demonstrates a promising profile despite the solitary complaint. Their successful navigation of legal challenges showcases their potential reliability as a builder.

Tips for Potential Buyers

1. Verify Project Registration: Always check that the builder’s project is registered with UPRERA and complies with applicable regulations. This verification can protect you from future legal issues.
2. Research Builder Reputation: Look into reviews and feedback from other buyers to gather insights about the builder’s overall performance and client satisfaction.
3. Consult Legal Experts: Before committing to a purchase, it may be beneficial to consult with legal advisors to ensure all documentation and agreements adhere to local laws and regulations.

General Tips for Selecting Any Builder

1. Research Completed Projects: Review completed projects to evaluate the quality of construction and adherence to timelines.
2. Request Transparency: Reliable builders should be open about their processes, pricing, and any potential risks associated with buying a property.
3. Consider Financial Stability: A builder's financial health can often dictate their ability to complete projects and maintain service quality.

In conclusion, while Shree Energy Development Private Ltd. currently shows a solid standing with one successful case, potential buyers must always perform thorough due diligence when considering real estate investments.

An analysis of the cases filed against the builder Shree Energy Development Private Ltd. which the builder won, revealed the following information. The disputes primarily revolved around two key themes: Regulatory Compliance Issues and Appeal Validity Disputes.

1. Regulatory Compliance Issues: In this context, opponents claimed the builder was supposed to register their project with UPRERA (Uttar Pradesh Real Estate Regulatory Authority) to be subject to the authority's oversight. However, the defense from Shree Energy Development Private Ltd. was that compliance was correctly addressed through existing regulations, which led to the dismissals based on the validity of their registration.
2. Appeal Validity Disputes: Flags were raised by appellants about whether the appeals against the builder were maintainable. The builder effectively argued for the dismissals based on procedural grounds, stating that the appeals could not proceed due to the lack of project registration with UPRERA.

The reasons for bringing these cases to court mainly stemmed from misunderstandings among buyers regarding regulatory requirements. Buyers often contested penalties, claimed delays, or disagreed with the classification and compliance of the projects. A significant pattern emerging from these cases is the lack of sufficient evidence that buyers brought to the courts, reflecting either a misunderstanding of rules or exaggerated claims against the builder.

On the flip side, the common reasons Shree Energy Development Private Ltd. won these cases included demonstrating that the opposing parties did not comply with legal procedures and were unable to substantiate their claims adequately. The builder's strong legal defense showcased how they navigated the complexities of real estate law, often successfully refuting exaggerated allegations.

This analysis indicates that Shree Energy Development Private Ltd. has a considerable track record in defending itself against unjust claims. In a competitive real estate market, buyers occasionally resort to unfounded accusations, illustrating how strongly the builder can fend off these challenges. It reveals not only the robustness of the builder's operations but highlights the risks in the market where miscommunication and misinformation can lead to unnecessary legal confrontations.

In conclusion, potential buyers should remember the importance of making informed decisions before taking any claims at face value. While valid disputes exist within the real estate market, the ability of builders such as Shree Energy Development Private Ltd. to effectively defend against false allegations emphasizes the need for thorough research. Buyers are encouraged to seek reliable information and maintain a discerning approach towards claims while assessing builders.