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SHREE KRISHNA ENTERPRISES

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

Shree Krishna Enterprises is a builder based in Gujarat, noted for its operations in the real estate sector. While Shree Krishna Enterprises has made its mark, prospective buyers must consider a few key legal insights from past complaints and cases involving the builder. This blog delves into the builder's legal history and offers guidance for potential buyers.

Legal Background

Shree Krishna Enterprises has received two complaints in total, resulting in an even split between cases won and lost. Understanding the details of these cases can provide potential buyers with a clearer picture of what to expect when engaging with this builder.

Cases Won

  1. Case Summary: In one instance where Shree Krishna Enterprises was the respondent, the appellant claimed that they had submitted the final report on the RERA web portal. However, the authority found that the appellant had not actually submitted this report, leading to the approval of the builder’s action to dispose of the complaint.
    • Pattern Observed: The outcome suggests that issues surrounding documentation and compliance with regulatory frameworks are common in disputes involving this builder. Furthermore, a lack of evidence from the complaining party played a crucial role in favoring Shree Krishna Enterprises.

Cases Lost

  1. Case Summary: Shree Krishna Enterprises faced a situation where they did not submit quarterly reports as stipulated by RERA regulations, leading to a penalty of Rs. 1,00,000 imposed by the authority. In this case, the authority sided with the claim that the builder had failed in its obligations.
    • Pattern Observed: The loss indicates a significant issue with regulatory compliance, hinting at potential challenges that the builder may encounter in fulfilling ongoing reporting requirements. This can raise red flags for prospective buyers regarding the builder's commitment to adhering to industry regulations.

Conclusion

In summary, Shree Krishna Enterprises reflects a mixed legal track record, with an equal number of cases won and lost. The two complaints raise vital questions about the builder's diligence in compliance with RERA regulations.

Tips for Potential Buyers

  1. Due Diligence: Before making a purchase, investigate the builder's compliance history and ensure they are up to date with all regulatory requirements.
  2. Ask for Documentation: Seek transparency in documentation, especially regarding project approvals and RERA filings. Verify submitted reports through official channels if possible.
  3. Seek Legal Counsel: Consulting with a real estate lawyer can provide an added layer of security, especially if you encounter any discrepancies during the purchasing process.

General Tips for Selecting a Builder

  1. Research: Look into the builder’s previous projects, customer satisfaction, and legal history.
  2. Check Reviews: Online reviews and testimonials can offer insights into other buyers' experiences.
  3. Evaluate Financial Stability: Ensure the builder has a stable financial background, which can indicate their capacity to complete projects successfully.

By understanding the complexities of Shree Krishna Enterprises' legal history and taking proactive steps, potential buyers can make more informed decisions when considering a new home purchase.

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Regulatory Compliance Issues Failure to Submit Mandatory Reports

Analysis of the cases filed against Shree Krishna Enterprises, where the builder lost, reveals several key themes across the disputes. Notably, the primary concern revolves around regulatory compliance, specifically the builder's failure to adhere to the Real Estate Regulatory Authority (RERA) regulations.

The cases highlight a pattern in which Shree Krishna Enterprises was penalized for non-compliance, particularly for its failure to submit quarterly reports as mandated by the RERA. This reflects a broader issue often encountered in the real estate sector where builders may neglect regulatory obligations, which can lead to legal consequences, as seen in this case where the builder was imposed a penalty of Rs. 1,00,000.

Common reasons for litigation in these cases primarily involve contesting the penalties imposed for delays or regulatory breaches. Builders like Shree Krishna Enterprises often find themselves in dispute over their failure to fulfill obligations that are crucial for maintaining transparency and compliance within the real estate framework.

The outcomes of these cases indicate that builders tend to lose when they cannot provide adequate evidence of compliance or when they fail to meet regulatory requirements. In the case of Shree Krishna Enterprises, the imposition of a penalty suggests a systemic issue with their reporting practices, which likely stemmed from either a misunderstanding of their obligations or an inability to fulfill them.

Overall, these findings highlight the importance of regulatory compliance in the real estate sector and serve as a cautionary tale for builders regarding the legal and financial ramifications of non-compliance.

Regulatory Compliance and Disputes Disputes Related to Project Documentation

An analysis of the cases filed by the builder, Shree Krishna Enterprises, which it won, revealed the following information. These cases primarily focus on regulatory compliance and project documentation, highlighting the legal landscape in which builders operate. The issues often revolve around the builder's adherence to the Real Estate (Regulation and Development) Act (RERA) and the submission of necessary documents concerning project status and compliance.

One of the key themes identified is the 'Regulatory Compliance and Disputes.' Here, the builder faced opposition regarding claims of non-submission of vital reports on the RERA web portal. Such disputes illustrate the critical nature of regulatory adherence in the real estate sector and how misunderstandings or lack of clarity can trigger litigation.

Another recurring theme is 'Disputes Related to Project Documentation,' where the builder had to defend its actions related to project filings and approvals. In the case overview, claims made by the respondents often involved allegations of incomplete or improper documentation submitted by the builder, which the builder successfully refuted through official records.

The reasons Shree Krishna Enterprises commonly brought these cases to court include contesting penalties from regulatory bodies, disputing project delays often attributed to external factors, and legal challenges related to documentation compliance. Patterns that emerge from these disputes reveal a tendency for the builder to address what it sees as unjust claims, particularly accusations that stem from perceived lapses on their part regarding project documentation.

Moreover, the reasons the builder won these cases often stemmed from the other parties' failure to provide sufficient evidence to support their claims. In many instances, the builder was able to demonstrate compliance with regulatory requirements, effectively disputing allegations of non-compliance or incorrect submissions. This showcases the builder's diligence in maintaining accurate records and understanding of legal regulations.

This analysis highlights the builder's capacity to stand firm against claims that may be driven by misunderstandings or exaggerations from buyers or opposing entities. In the broader context of the real estate market, it's crucial for potential buyers to recognize that false accusations can impede builders' operations and challenge their reputations. Shree Krishna Enterprises' success in these cases underlines the importance of thorough documentation and compliance in navigating legal disputes.

In conclusion, potential buyers should approach their decisions with care and ensure they are informed. While disputes do arise in the real estate realm, understanding the specifics surrounding such cases can shed light on a builder's reliability. Analyzing the outcomes of disputes reveals that builders like Shree Krishna Enterprises often successfully defend themselves against unjust claims. Buyers are encouraged to consider reliable information and context before forming opinions about a builder's reputation.

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 Enterprises Partnersh… ["Non-submission of… {"appellant_claim": "The appellant claimed that t… Shree Krishna Enter… https://drive.google.com/uc?id=19vX-M1VD8np1JjJ7q3HpKKBizjx7yYbz

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