| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the expansive world of real estate, selecting the right builder is crucial for ensuring a smooth property buying experience. Today, we delve into the track record of SHREEJI REALITY, a builder based in Gujarat, examining their complaints, legal disputes, and what potential buyers should keep in mind before investing.
Overview of SHREEJI REALITY
SHREEJI REALITY has garnered limited attention in terms of legal disputes, with one complaint filed against them. It is noteworthy that they have no cases won and one case lost, shedding light on their current reputation in the real estate market.
Legal Case Breakdown
The legal issues involving SHREEJI REALITY primarily revolve around their obligations under the Real Estate Regulatory Authority (RERA). In a single case where the promoter's claims were contested, SHREEJI REALITY argued that they had completed the project by the stipulated deadline and assembled the necessary society after completion. However, the …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shreeji Reality, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around two main topics: penalties for non-compliance with regulatory requirements and disputes over claims of project completion.
In terms of penalties for non-compliance, the authority imposed a penalty of Rs. 10,000 on the promoter for failing to submit the final project report on the RERA web portal. This highlights a troubling trend where builders may neglect their obligations to maintain transparency and comply with crucial regulatory procedures. Such non-compliance not only incurs financial penalties but can also undermine trust among potential buyers.
The disputes over project completion claims involve the builder's assertion that a project was completed on time, whereas the formation of the society occurred afterward. This raises questions about the builder's understanding of the project's completion timeline and the obligations associated with it. It also signals …
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