| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
When it comes to investing in real estate, potential buyers must conduct thorough research to ensure that they are making a sound investment. One such builder that has come into the spotlight is Shree Hari Developers, based in Gujarat. With a notable record of complaints and legal cases, it's crucial to take an in-depth look at their operations and what prospective homeowners should consider.
Overview of Shree Hari Developers
Shree Hari Developers is a real estate builder operating exclusively in the state of Gujarat. Unfortunately, the company has faced scrutiny due to ongoing legal challenges, with a total of 4 complaints filed against them, all of which resulted in losses for the builder. This track record raises pertinent questions about the reliability and accountability of the developer.
Legal Case Breakdown
Examining the details of the cases filed against Shree Hari Developers reveals some specific trends:
Cases Won
- Gujarat Real Estate Regulatory Authority Complaint: This case emphasized the importance of adherence to the RERA guidelines. The authority filed a complaint due to the failure of the developers to submit quarterly project reports on time. While the promoters claimed compliance, the authority found otherwise, leading to penalties being imposed.
- Shree Hari Palace Reporting Failure: Another case involved a direct complaint against Shree Hari Developers for not submitting required reports for the 'Shree Hari Palace' project. Despite the company's defense citing busy schedules, the verdict resulted in a fine of Rs. 25,000 and mandatory compliance with report submissions.
- Withdrawn Complaints: There were instances where complaints were withdrawn by the complainants, which means these did not result in any conclusive findings against the builder. This indicates that not all complaints were substantially valid or that the parties involved could seek resolution outside of the formal complaint process.
Cases Lost
- Lack of Compliance: The primary factor leading to the losses for Shree Hari Developers has been their inability to meet regulatory requirements, particularly concerning timely submissions of reports as mandated by law.
- Financial Penalties: With fines having been imposed, it shows a trend where the builders faced financial reprimand due to negligence in fulfilling their obligations as developers.
Conclusion
In conclusion, the record of Shree Hari Developers—to have 4 complaints filed against them and losing all 4 cases—paints a concerning picture for potential buyers. The blatant disregard for regulatory obligations raises alarms about the reliability of the builder. Those considering purchasing a property from Shree Hari Developers should approach with caution, as the builder's history indicates a pattern of non-compliance and legal troubles.
Tips for Potential Buyers
- Research Thoroughly: Always investigate the builder’s history, including any complaints or legal issues. The more you know, the better your decision will be.
- Seek Independently Verified Information: Rely on trusted sources, such as the RERA web portal, to gather factual insights about the builder's past projects and compliance history.
- Ask for Testimonials: Speak with past buyers to gauge their experiences directly, as this can provide valuable insights into the builder's credibility.
General Tips for Selecting Any Builder
- Check Credentials: Verify their registration with regulatory bodies and ensure they have a solid reputation.
- Review Samples of Past Work: If possible, visit previous projects to assess quality and craftsmanship firsthand.
- Understand Financial Obligations: Ensure clear communication about payment schedules and penalties.
- Read the Fine Print: Scrutinize contracts for any clauses that might affect your rights as a buyer.
Navigating the real estate market requires vigilance and awareness. Shree Hari Developers may offer opportunities, but potential buyers should weigh the risks carefully against their histories of compliance and customer satisfaction.
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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 Hari Developers, where the builder lost, reveals several key themes across the complaints lodged against them. The primary disputes can be categorized into three main topics: Non-compliance with RERA Reporting, Penalties for Delayed Submissions, and Withdrawal of Complaints.
The cases often revolved around Shree Hari Developers' failure to adhere to the Real Estate Regulatory Authority (RERA) guidelines, specifically concerning the timely submission of quarterly project reports. This non-compliance resulted in legal actions, with the authority imposing penalties on the builder for violating the RERA Act and Rules. For instance, in one case, the builder was fined Rs. 25,000 for not submitting the required reports on time for their project 'Shree Hari Palace.'
A common reason for these complaints was the builder's defense that they did not intentionally fail to submit reports; however, this defense did not resonate with the regulatory authority. The builder attributed their delay to being busy with other matters, which highlights a pattern of insufficient prioritization of legal and regulatory requirements. This factor was crucial in the verdicts against the builder, as it reflected a broader trend of neglecting compliance responsibilities.
Additionally, there were cases where the complaints were withdrawn by the complainants, leading to a disposition without a verdict. The reasons for these withdrawals were not provided in the summaries; however, they could potentially indicate cases where the issues were resolved amicably or where the complainants did not pursue their claims further due to various reasons.
In conclusion, the analysis shows that Shree Hari Developers faced legal challenges primarily due to their failure to comply with RERA reporting requirements. The builder's consistent attribution of delays to external factors rather than taking responsibility for their actions, along with a pattern of non-compliance, led to the verdicts against them. Buyers should consider these factors when evaluating the reliability and accountability of builders in the real estate market.
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/Ahmedabad/23081… | Gujarat | The complaint was withdrawn by the complainant, M… | ["Withdrawal of com… | {"appellant_claim": "Not provided", "respondent_c… | Mr. Kiran Daave | Shree Hari Developm… | https://drive.google.com/uc?id=1x6fZBuAOGfjOFEkS6bixaYGaOCaUqh6P |
| GJ/CMP/NCQR/SURAT/2… | Gujarat | Shree Hari Developers failed to submit quarterly … | ["Non-submission of… | {"appellant_claim": "The appellant claimed that S… | Gujarat Real Estate… | Shree Hari Develope… | https://drive.google.com/uc?id=1ZKTJdRQsYIaXQYFRKcbJ4DqZtMv58Wp2 |