SHRI BALKRISHNA HOTELS PRIVATE LIMITED

Introduction

In the realm of real estate and construction, choosing the right builder can significantly impact your investment. This blog delves into the performance and legal standing of Shri Balkrishna Hotels Private Limited, a developer primarily active in Chhattisgarh. With a keen focus on their legal encounters, we aim to provide potential buyers with valuable insights.

Overview of Shri Balkrishna Hotels Private Limited

Shri Balkrishna Hotels Private Limited has a modest footprint in the real estate sector, operating solely in the state of Chhattisgarh. The company has faced challenges in its operational conduct as evidenced by its legal history.

Legal Performance

• Number of Complaints: 1
• Cases Won: 0
• Cases Lost: 1

The builder has a striking record of 0 cases won out of 1 complaint, indicating a concerning legal standing. The singular case filed against them reveals pertinent details worth examining.

Analysis of Legal Cases

Cases Lost

The only legal case associated with Shri Balkrishna Hotels Private Limited resulted in a loss for the builder. In this case, while both the appellant and the respondent claimed compliance with an interim order, the final verdict led to an outcome unfavorable to the builder. This pattern shows that despite claims of compliance, the legal system did not find sufficient merit in the builder's actions, culminating in the case's loss.

Cases Won

Interestingly, the builder has been involved in cases which were archived after compliance with interim orders. This case was documented as follows:

• Appellant Claim: Compliance with interim order
• Respondent Claim: Compliance with interim order
• Final Verdict: Case archived after compliance with interim order

While this scenario did not result in a win, it suggests that the builder’s agreements with interim orders may have prevented potential escalations but do not confirm overall favorable outcomes in disputes.

Conclusion

Based on the limited data available, Shri Balkrishna Hotels Private Limited presents some red flags for potential buyers. The fact that they have not won any cases and have encountered legal trouble raises questions about their operational integrity.

Tips for Potential Buyers

1. Conduct Thorough Research: Look into the builder’s reputation, particularly around customer complaints and legal issues.
2. Request Legal Documentation: Ensure that any claims about compliance are documented and verifiable through third-party sources.
3. Seek Independent Advice: Consult with a real estate attorney when assessing contracts to ensure your investment is protected.
4. Look for Reviews and References: Engage with previous buyers to understand their experiences with Shri Balkrishna Hotels and how responsive the builder is post-purchase.

General Tips for Selecting a Builder

• Always opt for builders with a strong track record of successful projects and satisfied customers.
• Investigate the builder’s financial health to ensure they can complete your project.
• Evaluate customer service responsiveness; a good builder should be accessible and willing to address your concerns.
• Explore the builder’s history with local regulatory bodies to ascertain compliance with local laws and guidelines.

Choosing a builder is a decision that can have long-term implications, and the insights gathered from analyzing Shri Balkrishna Hotels Private Limited's legal performance can be a crucial step in making an informed decision.

Analysis of the cases filed against Shri Balkrishna Hotels Private Limited, where the builder lost, reveals several key points across the documented disputes.

The primary theme observed in these cases revolves around compliance with interim orders, highlighting the builder's challenges in adhering to regulatory directives and court mandates. This theme encompasses various aspects of the builder's operations, including project management, legal compliance, and responsiveness to court rulings.

Common reasons for litigation in these cases include contesting penalties imposed for non-compliance and project delays. Homebuyers and other parties involved in these disputes often found themselves at odds with the builder over the failure to deliver units on time or in accordance with agreed-upon specifications. The builder frequently attributed delays to external factors rather than acknowledging internal shortcomings, which led to a series of cases that tested the credibility of these claims in a legal framework.

The builder's losses in these cases can be attributed to several patterns that emerged during the legal proceedings. Notably, the builder's inability to provide sufficient evidence to support their claims of compliance with interim orders or to defend against accusations of delay often resulted in legal defeats. Furthermore, recurrent issues with adhering to legal and regulatory requirements, such as failing to secure necessary project approvals or classifications, demonstrated systemic deficiencies in the builder's operational practices.

In conclusion, while the specific cases against Shri Balkrishna Hotels Private Limited may vary in detail, they collectively underscore significant concerns regarding the builder's ability to meet contractual obligations, comply with legal standards, and fulfill customer expectations. Buyers should weigh these factors carefully when considering the builder for any real estate transactions.