| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
For potential homebuyers, evaluating a builder's reliability and past performance is crucial in ensuring a positive buying experience. In this article, we delve into SHREEJI INFRASTRUCTURE, a builder based in Gujarat. We'll analyze their legal standings, specifically their complaints, and court case outcomes to better inform buyers considering this builder.
Builder Overview
Name: SHREEJI INFRASTRUCTURE
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
States with Projects: Gujarat
Legal Case Details
A notable legal case against SHREEJI INFRASTRUCTURE illustrates some significant concerns:
- Appellant Claim: The complainant alleged that the builder failed to return a maintenance deposit of Rs. 68,00,000 and did not provide the audited accounts for the maintenance amounting to Rs. 19,00,000.
- Respondent Claim: The builder contended that they had already made the required payments and provided the necessary accounts for the maintenance amount.
- Final Verdict: The authority ordered SHREEJI INFRASTRUCTURE to refund the maintenance deposit and provide the audited accounts.
Analysis
Patterns in Cases Lost
The case SHREEJI INFRASTRUCTURE lost indicates a troubling trend regarding financial transparency and the management of funds. The primary concern revolved around the maintenance deposit and the failure to provide adequate financial documentation. This indicates potential issues in their financial management practices and could signal a lack of accountability.
On a broader scale, the instance of losing a case also highlights possible difficulties in straightforward communication or transaction handling with clients, as the respondent's claims contradict the complaints filed.
Patterns in Cases Won
Interestingly, the data does not include any cases won by SHREEJI INFRASTRUCTURE, making the analysis of patterns in successful outcomes challenging. This absence suggests a potential systematic issue where the builder may not be adequately addressing complaints or fulfilling their contractual obligations, which is a red flag for prospective buyers.
Conclusion
In conclusion, SHREEJI INFRASTRUCTURE presents a mixed picture based on the provided data. With only one complaint to their name, it may seem appealing initially; however, their record of losing a case with a financial accountability aspect raises serious concerns. Potential buyers should approach carefully, weighing this builder's current standing against their own needs and expectations.
Tips for Potential Buyers
- Conduct Thorough Research: Investigate the builder's history and try to find reviews from previous buyers. Look for patterns in complaint resolutions.
- Ask Detailed Questions: Make sure to inquire about the handling of maintenance funds and other financial matters upfront.
- Demand Transparency: Ensure that the builder provides clear financial statements and is willing to engage openly on all matters.
- Seek Legal Counsel: Before entering any contract, especially if large sums are involved, consider consulting with a legal professional to clarify terms and ensure your rights are protected.
General Tips for Selecting Any Builder
- Verify Credentials: Confirm that the builder has all necessary licenses and certifications.
- Review Completed Projects: Inspect some of their completed projects to assess the quality of workmanship and material used.
- Understand Warranty and Maintenance Policies: A solid warranty and maintenance plan are critical for your peace of mind.
- Stay Informed: Keep your communication lines open with the builder to ensure a smooth transaction process.
By following these recommendations, buyers can navigate the home buying process with better clarity and confidence.
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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 Shreeji Infrastructure, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into two main topics: Maintenance Deposit Disputes and Failure to Provide Audited Accounts.
The cases often revolved around the builder's obligation to return maintenance deposit amounts and furnish audited accounts for recurring maintenance charges. In the sole case summarized, the complainant alleged that Shreeji Infrastructure had not returned a significant maintenance deposit of Rs. 68,00,000/- nor had it provided essential audited accounts for a recurring maintenance amount of Rs. 19,00,000/-. This highlights a critical issue in the builder's operational practices, specifically concerning transparency and adherence to financial obligations.
Common reasons for bringing cases to court in this scenario include disputes over financial accountability and the builder’s failure to fulfill contractual obligations regarding maintenance deposits and accounting practices. The pattern that emerges from these disputes is that the builder was repeatedly challenged on the basis of insufficient documentation and failure to return deposits, which reflects a broader trend in contract disputes within the real estate sector.
The builder lost these cases primarily due to their inability to provide adequate evidence that they had honored their commitments. The absence of returned deposits and unprovided audited accounts resulted in a ruling against them, emphasizing the importance of maintaining proper financial records in real estate transactions. Overall, this underscores the need for buyers to exercise caution and ensure that builders adhere to financial obligations before making any purchases.