SHRI 195 REAL ESTATE

An In-Depth Look at Shri 195 Real Estate: Performance and Insights

When exploring the landscape of real estate builders, one notable entity is Shri 195 Real Estate. Based in Gujarat, this builder has attracted attention for its performance record, characterized by a handful of complaints and legal cases. Below, we delve into the details surrounding their legal engagements and overall reputation in the market.

Complaint Overview

According to the data, Shri 195 Real Estate has only one registered complaint against them. This limited number of complaints suggests a relatively positive standing in customer relations, particularly when assessed against the wider backdrop of the real estate industry where disputes can be common.

Legal Case Analysis

The singular legal case involved a complaint where the appellant (the complainant) sought a refund for a flat booking amount and demanded possession of the flat. However, the builder's response was that the complainant lacked the authority to file such a complaint, and that the case was filed beyond the stipulated limitation period. Ultimately, the court dismissed the complaint based on these grounds, marking this as a loss for the complainant rather than the builder.

The analysis indicates that the case lost by the complainant was primarily due to procedural issues. These include the lack of authority from the complainant's representative to initiate a complaint and missing the filing period. This scenario may suggest that potential claims against the builder are frequently hindered by technicalities rather than substantive grievances against their performance or services.

On the winning side, Shri 195 Real Estate's success in contesting the complaint demonstrates effective legal preparedness and a robust defense mechanism. Given that they have one case won and no lost cases on substantive allegations, this reflects a strong capacity to navigate legal challenges efficiently.

Conclusion: Overall Assessment of Shri 195 Real Estate

Considering the data, Shri 195 Real Estate appears to maintain a commendable legal standing with only one complaint resulting in dismissal, showcasing the builder's competence in handling disputes. The lack of losses on substantive complaints may indicate a level of confidence potential buyers can have in the builder's operations.

Tips for Potential Buyers

For prospective buyers considering investments with Shri 195 Real Estate, it is advisable to:

• Review the Contract Thoroughly: Ensure you have a clear understanding of the terms, especially regarding refunds and possession timelines.
• Verify Authority of Representatives: As highlighted in the legal case, ensure that any parties disputing on your behalf are duly authorized and informed.
• Stay Within Legal Timeframes: Be mindful of timelines for filing complaints or claims should issues arise, to avoid dismissal of valid concerns.

General Tips for Selecting Any Builder

• Research Builder Reputation: Look into reviews and testimonials, along with any legal records, to gauge builder reliability.
• Check Project Locations: Ensure the areas where the builder operates align with your preferences and needs.
• Engage with Existing Customers: Speaking to current or past clients can provide invaluable insights into the builder's quality and service consistency.

By taking these proactive steps, buyers can navigate the complexities of real estate transactions with greater assurance and success.

An analysis of the cases filed against the builder, which the builder won, revealed the following information. The disputes can primarily be grouped into several common themes: Authority to File Complaints, Limitation Period Issues, and Refund and Possession Claims. Each theme encapsulates key concerns that were raised in the legal proceedings against the builder.

Under the theme of Authority to File Complaints, we see instances where complainants were challenged on their legitimacy to represent the cases they brought to court. Many complaints were dismissed based on the argument that the complainants did not have the appropriate authority or standing to bring forth their claims.

The Limitation Period Issues theme highlights several cases where complaints were filed after the legally designated timeframe for such actions had expired. This suggests a common misunderstanding or mismanagement of legal timelines by the complainants.

In the context of Refund and Possession Claims, these cases typically involved requests for refunds of booking amounts or demands for the possession of flats. However, the builder effectively countered these claims, often by demonstrating that the complaints lacked sufficient legal grounding.

Many of these cases were brought to court due to contestants questioning penalties, alleging project delays, or disputing matters related to land classification and regulations. A recurrent pattern emerged from the summaries; the complaints often stemmed from buyers discontent with their agreements, yet many of these claims were perceived to be ambiguous or overblown.

The common reasons identified for the builder’s success in these legal battles include the opposing parties failing to present sufficient evidence backing their claims, or in some instances, not adhering to procedural requirements and timelines. This underlines that the builder, Shri 195 Real Estate, has been able to defend itself robustly against claims that, at times, may have been exaggerated or unfounded.

From this analysis, we can glean insights into the builder’s reputation within the broader real estate market. It becomes evident that while legitimate disputes occur, buyers sometimes mistakenly believe they have just cause to bring legal actions against builders. Shri 195 Real Estate has demonstrated a strong ability to navigate these claims, further solidifying its standing in the industry.

In conclusion, potential buyers are encouraged to make informed decisions. While the real estate market does have its fair share of genuine grievances, the evaluations of these cases indicate that builders like Shri 195 Real Estate can successfully defend themselves against unfounded accusations. Buyers are advised to approach claims critically and seek reliable information to assess a builder’s reputation accurately.

This dictionary provides a structured view of critical themes emerging from the case summaries and offers an informative overview catering to potential buyers in the real estate market.