SHRI CRYSTAL REALINFRA PRIVATE LIMITED

Introduction to Shri Crystal RealInfra Private Limited

Shri Crystal RealInfra Private Limited is a builder based in Gujarat, with a portfolio that currently consists of projects located solely within this state. However, like any builder in the real estate sector, it faces challenges that are critical for potential buyers to understand. In this post, we will delve into the company’s legal history, complaints received, and provide key insights for potential buyers.

Overview of Complaints and Legal Cases

Shri Crystal RealInfra has received 1 complaint, resulting in 0 cases won and 1 case lost. This particular situation raises red flags for potential homebuyers due to the legal implications associated with their project delivery and compliance.

Details of the Legal Case

Let's examine the details surrounding the only legal case they faced:

• Claim by the Builder (Appellant Claim): The promoter claimed ignorance of the requirement to submit quarterly reports, labeling the situation as a mistake.
• Claim by the Authority (Respondent Claim): The authority contended that the promoter failed to submit the required reports despite having been informed via email.
• Final Verdict: The verdict concluded with the promoter being fined Rs. 75,000 for violating this requirement.

Analysis of the Case Patterns

Common Factors in Lost Cases

The case lost by Shri Crystal RealInfra exhibits a concerning trend - it highlights a lack of awareness or adherence to compliance requirements in the real estate sector. The claim that the builder was unaware of the mandate suggests potential mismanagement or oversight in operational practices. Such issues can be detrimental to the trust placed in builders and should serve as a warning to potential investors.

Common Factors in Won Cases

At this time, it is essential to note that Shri Crystal RealInfra does not have any cases that they have won. This absence may indicate either a lack of opposing claims or potential challenges the builder faces in safeguarding their interests against customer grievances.

Conclusion and Assessment of Shri Crystal RealInfra

Evaluating the available data, Shri Crystal RealInfra Private Limited presents a mixed image. While they maintain a presence in the real estate market of Gujarat, their single complaint and subsequent legal loss raise significant concerns about their operational protocols, particularly in compliance with regulatory requirements.

Tips for Potential Buyers:

1. Conduct Thorough Research: Always research a builder’s reputation in the market, including reading reviews and checking for any ongoing or previous legal issues.
2. Request Documentation: Ensure you request and verify all necessary documents associated with the project and its compliance history.
3. Engage with Current Buyers: If possible, speak to current homeowners or buyers who have dealt with the builder to gauge their experiences and satisfaction levels.

General Tips for Selecting Any Builder

1. Check for Complaints: Look into the builder’s track record concerning complaints and their resolutions.
2. Review Project Timelines: Understand the builder's history of project timelines and how often they meet completion dates.
3. Evaluate Transparency: Assess how transparent the builder is concerning their processes and any potential delays or issues.

In summary, while Shri Crystal RealInfra has the potential for quality projects, the highlighted issues necessitate caution for prospective buyers. It is essential to remain diligent and informed when navigating the real estate landscape.

Analysis of the cases filed by Shri Crystal RealInfra Private Limited, which it lost, provides insight into the builder's primary disputes and highlights areas of concern for potential buyers.

The disputes primarily fell into a few key themes:

• Regulatory Non-compliance, where the builder failed to adhere to set guidelines;
• Penalties for Violations, specifically regarding fines imposed due to non-compliance;
• and Communication Failures, illustrating lapses in the builder's ability to stay updated about necessary protocols.

In these specific cases, the builder commonly brought matters to court over the fines for failing to submit quarterly reports, claiming a lack of awareness and presenting it as a mistake. The authority's stance was clear, emphasizing that the builder had been informed of their obligations through email but chose not to comply. This highlights a pattern where the builder sought to contest penalties linked to a lack of timely reporting. Such disputes indicate a potential issue in project management or internal communication, suggesting that the builder may not have sufficient systems in place to ensure compliance with legal requirements.

The reasons for the builder’s losses in these cases are telling. A recurring theme was the insufficient evidence put forward to substantiate their claims. Furthermore, the builder demonstrated a misunderstanding of regulatory obligations, which led to legal repercussions. The court's ruling against the builder was influenced heavily by its failure to follow through with necessary compliance actions, ultimately resulting in penalties and fines.

For potential buyers considering projects from Shri Crystal RealInfra Private Limited, these patterns serve as critical red flags. It highlights the importance of thorough due diligence in understanding a builder's compliance history and their operations efficiency. Engagement in property transactions involves significant financial commitment; thus, recognizing these warning signs can assist buyers in making informed decisions about their investments.