| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
When considering a real estate investment, it is essential for potential buyers to carry out thorough research on the builders involved. This post focuses on Shree Giriraj Developers, a builder operating primarily in Gujarat, which has a mixed record in terms of legal disputes. We will analyze the builder's performance based on the available complaint data and legal cases to assist prospective buyers in making informed decisions.
Builder Overview
Name: Shree Giriraj Developers
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
States with Projects: Gujarat
Legal Case Details
In the one recorded legal case involving Shree Giriraj Developers:
- Appellant Claim: The appellant (complainant) claimed a refund of Rs. 28,25,000/- with interest as stipulated in the agreement.
- Respondent Claim: The builder countered that the complainant had failed to pay the remaining amount of compensation as per the agreement, leading to the agreement's cancellation.
- Final Verdict: The Gujarat Real Estate Regulatory Authority (GERA) ruled in favor of the appellant, ordering the builder to deposit the rest of the amount owed along with interest and to ensure the completion of all paperwork in favor of the complainant.
Analysis of Cases
Patterns in Lost Cases
Shree Giriraj Developers has one lost case reflecting two key concerns:
- Financial Obligations: The lost case indicates a potential issue with the builder fulfilling their financial obligations as per agreements, particularly concerning refunds. The case highlighted the builder's failures to process a significant refund to the complainant, which may raise concerns about their financial reliability.
- Contractual Issues: The dispute stemmed from disagreements over payment obligations under the contract, suggesting that buyers need to be cautious and fully understand the terms when entering agreements with this builder.
Patterns in Won Cases
Interestingly, while Shree Giriraj Developers has lost a case, the summary does indicate a win for the builder in a different context. This highlights:
- Legal Persistence: The builder successfully argued that the complainant had not fulfilled their part of the agreement. This suggests that they are willing to leverage legal avenues to defend their position.
- Counterclaims: In defending against complaints, builders may sometimes successfully initiate counterclaims, underscoring the importance of being accurate and timely with payments from the buyer's perspective.
Conclusion
Based on the provided data, Shree Giriraj Developers demonstrates a challenging legal landscape. With one lost case and 0 wins, prospective buyers should approach this builder cautiously. Here are a few tips for potential buyers considering a purchase:
- Due Diligence: Investigate the builder’s reputation, previous projects, and any existing complaints before entering into an agreement.
- Clear Agreements: Ensure that all contractual obligations are stated clearly to avoid disputes. Seek legal advice if necessary.
- Financial Preparedness: Be prepared to meet your financial obligations promptly and keep records of all transactions for your protection.
General Tips for Selecting a Builder
- Research Background: Look for reviews, testimonials, and complaints against the builder. A history of satisfied clients can be a strong indicator of reliability.
- Verify Credentials: Ensure the builder's licenses and approvals are up to date, and confirm that they follow local regulations.
- Ask for References: Check references from previous customers to gauge their experiences with the builder.
- Request Written Estimates: Get detailed quotes that outline the scope of work to avoid unexpected costs later.
In summary, while Shree Giriraj Developers has engaged with the legal system surrounding project disputes, prospective buyers must exercise caution and conduct thorough research before committing to any transactions. Investing in real estate requires careful consideration, particularly when the builder has visible legal challenges.
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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 Giriraj Developers, where the builder lost, revealed several key themes and patterns. The disputes primarily revolve around financial grievances, particularly regarding refunds and compensation that buyers felt they were owed.
Many of the cases can be grouped under the theme of "Refund Disputes." In these cases, buyers often claimed that the builder failed to refund significant amounts of money, citing contractual agreements that promised refunds under certain conditions. For instance, the complainant in one case asserted that the builder should have refunded Rs. 28,25,000/- along with interest as per their agreement.
"Compensation Claims" is another recurring theme. Here, the builder's defense typically hinged on counterclaims that buyers had not fulfilled their part of the agreement, leading to the cancellation of contracts and the builder's refusal to provide refunds or compensation. The builder's claim often revolved around the buyer's alleged failure to pay remaining compensation amounts, which highlights a significant area of contention in the contractual relationships between builders and buyers.
The "Contractual Obligations" theme encapsulates the broader issues in the builder-buyer relationship, including adherence to agreements and responsibility for timely communication and action. In the cases where the builder lost, a common factor was the builder's inability to meet the obligations set out in the contracts or to provide adequate justification for their actions.
The reasons people commonly brought cases to court against Shree Giriraj Developers primarily involve financial disputes related to refunds and compensation, as well as accusations that the builder unilaterally cancelled contracts without valid reasons. Buyers appeared to be contesting penalties imposed on them by the builder and disputing claims of delayed payment, which they argued were not grounded in reality.
The builder's losses in these cases often stem from insufficient evidence to support their claims, failure to comply with contractual obligations, or a lack of understanding of their responsibilities under the agreements. The GERA (Gujarat Real Estate Appellate Tribunal) consistently directed the builder to fulfill their commitments, indicating systemic issues with the builder's operational practices.
Overall, the analysis shows that Shree Giriraj Developers faced significant challenges in fulfilling their financial and contractual obligations to buyers, leading to multiple legal disputes where the builder ultimately lost the case.
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 |
|---|---|---|---|---|---|---|---|
| CMP/Vadodara/210510… | Gujarat | The complainant, Shri Margeshai Harishbhai Joshi,… | ["Refund of amount"… | {"appellant_claim": "The complainant claimed that… | Shri Margeshai Hari… | Shree Giriraj Devel… | https://drive.google.com/uc?id=1RRujtTc5tiCD4NjpsY7GhBWOIfdupKs2 |