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SHREE KRISHNA CORPORATION

  • No of Complaints: 2
  • States (Active in): Gujarat
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Introduction

In the competitive landscape of real estate, builders' reputations can heavily influence buyers' decisions. This post delves into the track record of SHREE KRISHNA CORPORATION, focusing specifically on its legal history and overall performance in project execution within Gujarat.

Legal Case Overview

SHREE KRISHNA CORPORATION has faced a total of two legal complaints; however, it is concerning that the builder has lost all cases filed against them. Here, we provide a detailed look at these cases to better understand the implications for potential buyers.

Case Summaries

  1. Case Lost by the Builder
    The appellant claimed that they had timely submitted an application for alteration of their project. In contrast, the respondent (SHREE KRISHNA CORPORATION) asserted that the application had not been submitted within the prescribed timeline. The legal proceedings resulted in the builder facing a penalty of Rs. 1,00,000 for non-compliance.
    - Common Factor: This case highlights issues related to project management and administrative compliance on the part of SHREE KRISHNA CORPORATION. The failure to adequately file critical documentation has adversely impacted their standing.
  2. Case Filed Against the Builder
    In another legal instance, the builder was penalized due to a consultant's failure to fulfill responsibilities on time, resulting in a Rs. 1,00,000 penalty for violating Section 11 of the Real Estate (Regulation and Development) Act 2016.
    - Common Factor: The outcomes of these cases indicate systemic issues, primarily revolving around compliance and operational management. There seems to be a pattern of negligence, which raises red flags for potential clients regarding the builder's commitment to legal norms and timely project delivery.

Analysis of Legal Trends

The builder's failure in both cases suggests a consistent pattern of losing legal battles around compliance and administrative duties. This may indicate broader issues in project management practices, which could be crucial for buyers to consider.

In terms of winning cases, while the builder secured a victory against a claim related to consultant performance, the victory resulted from an external factor rather than a defense of strong operational practice. Therefore, it provides limited reassurance to purchasers about the builder's capabilities.

Conclusion

In conclusion, prospective buyers of SHREE KRISHNA CORPORATION need to be cautious given the builder's history of complaints and legal losses. With no cases won favorable to the builder, this raises concerns about their ability to manage projects effectively and comply with regulations.

Tips for Potential Buyers

  • Research Thoroughly: Always conduct comprehensive research before engaging with builders. Check their histories, including legal disputes and project completion rates.
  • Request Documentation: Insist on seeing all legal and compliance documents related to your potential property. Understanding their adherence to project timelines and legal stipulations is crucial.
  • Talk to Previous Customers: If possible, seek feedback from previous clients about their experiences with SHREE KRISHNA CORPORATION to gauge satisfaction levels and reliability.

General Tips for Selecting Any Builder

  • Check Complaints and Reviews: Pay attention to online reviews and any official complaints lodged against the builder. This can provide insight into their reliability.
  • Verify Credentials: Ensure that any builder you’re considering is licensed and adheres to current real estate regulations in your area.
  • Visit Completed Projects: If feasible, visit some of their completed projects to assess the quality of workmanship and overall finish.

In summary, buying property is a significant investment, and due diligence is key in ensuring a secure and satisfactory purchase.

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Penalties for Project Delays Disputes over Compliance with Regulatory Requirements

Analysis of the cases filed against Shree Krishna Corporation, where the builder lost, reveals several key themes across the disputes. The cases can be broadly categorized into two types: penalties for project delays and disputes over compliance with regulatory requirements.

In the case of penalties for project delays, the builder was fined for violating Section 11 of the Real Estate (Regulation and Development) Act 2016. The promoter had claimed that their consultant was unable to fill the quarter on time, which indicates a common pattern where builders attribute delays to other parties involved in the project. This highlights a significant trigger for litigation, as builders often contest penalties by seeking to shift the blame for delays to consultants, contractors, or other stakeholders.

The reason the builder lost this case likely stems from insufficient evidence to support their claim of timely compliance. The imposition of a penalty suggests that the regulatory body found substantial grounds to believe that the builder failed to meet the required timelines, leading to a breach of trust and compliance with the Act.

These cases demonstrate a need for buyers to be vigilant when engaging with builders who may have a history of legal disputes, particularly those that involve repeated penalties for delays or non-compliance. Buyers should conduct thorough research, seek direct testimonials from previous customers, and review public records on the builder’s litigation history before making any investment.

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
GJ/CMP/NCQR/SURAT/2… Gujarat The promoter, Shree Krishna Corporation, failed t… ["Non-submission of… {"appellant_claim": "", "respondent_claim": "The … Shree Krishna Corpo… https://drive.google.com/uc?id=1aljmlQntb6XCBIxGM6getAOh5oIoCFLJ
Alteration Application Compliance Project Delay Penalties

Analysis of the cases filed by the builder Shree Krishna Corporation, which it lost, revealed several important insights.

The builder's disputes primarily revolved around issues of compliance, particularly concerning applications for project alterations and penalties associated with delays. The key themes identified include 'Alteration Application Compliance,' which pertains specifically to the timeliness and correctness of applications for project alterations, and 'Project Delay Penalties,' where the builder faced significant financial repercussions for failing to meet deadlines and project specifications.

In many instances, Shree Krishna Corporation brought cases to court in a bid to challenge penalties imposed due to alleged delays or non-compliance with alterations that they believed had been submitted on time. The company seemed to robustly contest the claims from respondents asserting that they did not adhere to the prescribed timelines for applications or project requirements. This indicates a pattern where the builder's litigation was often triggered by disagreements over compliance with regulatory measures or project management practices.

However, the common reasons for the builder's losses in these cases were manifold. Frequently, the verdicts were influenced by a lack of adequate evidence on the builder's part to substantiate their claims of timely submissions. Moreover, there was a clear indication of non-compliance with legal or regulatory requirements in their applications, which undermined their position in court. The failures to follow interim directions or guidelines issued by regulatory bodies also played a pivotal role in the unfavorable outcomes.

Ultimately, these patterns highlight the necessity for builders to maintain diligent adherence to project timelines and regulatory protocols, as failure to do so not only jeopardizes their projects but also opens the door to significant legal challenges. Buyers should exercise caution and conduct thorough due diligence when dealing with builders who have faced such disputes, as these are indicative of deeper operational flaws that could potentially affect their investments.

This dictionary outlines the main topics related to the builder’s disputes and provides a comprehensive summary that analyzes the patterns observed in the cases filed by Shree Krishna Corporation, offering potential buyers valuable insights into the builder's operational practices and risks associated with investment.

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
GJ/CMP/SM/SURAT/220… Gujarat The Gujarat Real Estate Regulatory Authority impo… ["Penalty for Delay… {"appellant_claim": "The appellant claimed that t… Shree Krishna Corpo… Gujarat Real Estate… https://drive.google.com/uc?id=1hA9W2KILwQKC4BEZnMrzP9FFsgThNs01

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