SHRI G PROMOTERS & DEVELOPERS PRIVATE LIMITED

Introduction

When it comes to real estate development, choosing the right builder is crucial for ensuring a smooth property purchase process. Today, we explore Shri G Promoters & Developers Private Limited, a builder operating primarily in Madhya Pradesh. Through their track record of legal engagements, we aim to provide potential buyers with an insight into their performance and reliability.

Overview of Legal Cases

Shri G Promoters & Developers has faced a total of 7 complaints, out of which they won 1 case and lost 6 cases. This discrepancy in success rates raises questions about their business practices and customer satisfaction.

Cases Lost

The one case the builder lost highlights a significant complaint by the applicant regarding the non-execution of a lease for a flat, despite the full payment being received. In this situation:

• Applicant's Claim: The applicant insisted that the builder failed to execute the lease.
• Builder's Response: The builder countered by stating that the applicant had voluntarily cancelled the contract and requested a refund.
• Final Verdict: Ultimately, the application was accepted, but no order was issued on the merits of the case, indicating a troubling ambiguity regarding the builder's obligations.

Cases Won

In contrast, the builder won 6 cases, which exhibited some common patterns.

• Common Complaints: Many cases revolved around the builder's failure to register a sale deed or return the balance amount within the stipulated time frame. Several applicants claimed financial losses due to these delays.
• Builder's Defense: The builder often claimed that applicants failed to pay the balance amount and did not provide reasonable notice for cancellations.
• Final Outcomes: In several instances, the authority ordered the builder to refund amounts with interest, indicating that financial accountability was a consistent issue. Other cases resolved positively when the lease and sale deeds were eventually executed, suggesting some remedial responsiveness on the part of the builder after disputes.

Analysis of Patterns

Lost Cases:

A notable pattern in the lost cases revolves around issues of contract execution. The builder’s reliance on claims of voluntary cancellation by clients raises a concern about transparency and communication. This could suggest potential mismanagement in documenting client interactions or handling transactions effectively.

Won Cases:

In cases that were won, the builder managed to highlight failings on the part of the clients regarding timely payments or cancellations. However, the sustained pattern of financial disputes may signal underlying issues in their project management and customer service protocols.

Conclusion

Overall, Shri G Promoters & Developers Private Limited's legal history reveals a concerning tendency towards unresolved complaints and litigation. While there are instances where the builder has emerged victorious, the disproportionate number of lost cases speaks to a need for scrutiny when considering them as a potential partner for real estate investments.

Tips for Potential Buyers

1. Due Diligence: Before engaging with any builder, investigate their legal history and customer reviews. Understanding past complaints can provide crucial insights.
2. Contract Clarity: Ensure all agreements are clearly documented, and unnecessary clauses are avoided that may lead to misunderstandings.
3. Legal Awareness: Be prepared to consult with legal experts if necessary, especially regarding contract execution and rights.

General Tips for Selecting Any Builder

• Check Reputation: Look for builders with a strong track record of successfully completed projects and satisfied customers.
• Seek Recommendations: Personal referrals from friends or family can often lead to finding trustworthy builders.
• Visit Past Projects: If possible, visit some completed projects by the builder to assess their quality and standard of work directly.

By following these guidelines, potential buyers can navigate the complexities of real estate transactions more effectively.

Analysis of the cases filed against Shri G Promoters & Developers Private Limited, where the builder lost, revealed several key themes across the disputes. The cases can be broadly categorized into two types: Delayed Registration and Refund Claims, and Execution of Lease and Sale Deeds.

The first type of claim predominantly revolved around the builder's failure to register sale deeds and return balance amounts within agreed timelines. This resulted in multiple claims of loss, with the most common figure being Rs. 4,50,000, often accompanied by an interest component. The builder's defense typically hinged on counterclaims of delayed payment from the other party and insufficient notice for cancellation. However, the Authority consistently ruled in favor of the applicants, mandating the builder to fulfill their obligations, which highlights a pattern of legal dissatisfaction with the builder's practices, particularly concerning timely registrations and refunds.

The second category of claims focused on the execution of lease and sale deeds, where the builder faced scrutiny for failing to finalize these critical documents as per the expectations of the other parties involved. The builder's respondents argued that the delay was due to various reasons, but the resolution consistently revolved around the eventual execution of the deeds, indicating that the claims were often rooted in a genuine demand for contractual fulfillment rather than speculative grievances.

A notable pattern across the cases is the frequent mention of delays attributed to the builder's actions—or lack thereof. Whether it pertained to registering deeds, returning balances, or executing essential documents, Shri G Promoters & Developers Private Limited consistently faced legal challenges that reflect a systemic issue with meeting project timelines and contractual obligations. The common reasons for the builder's losses include insufficient evidence to support their claims, failure to comply with established timelines, and a general lack of responsiveness to the needs of the other parties, which emphasizes the importance of transparency and adherence to regulations in real estate transactions.

An analysis of the cases filed against the builder, Shri G Promoters & Developers Private Limited, which the builder won, revealed the following information.

The cases against the builder predominantly fell under several recurring themes. First, significant disputes emerged around 'Contract Disputes' where applicants claimed non-execution of agreements after payments were made. Another noteworthy topic was 'Claims for Refunds,' where buyers sought to recoup their payments due to cancellation of contracts, often contesting the validity of cancellations. Lastly, issues related to the 'Execution of Agreements' showcased disagreements over contractual obligations by both parties, leading to court proceedings.

These cases typically arose from buyers contesting various aspects of their agreements with the builder, such as penalties for alleged delays, the execution of contracts, or the issuance of refunds following contract cancellations. Patterns observed from the summaries of these disputes indicate that misunderstandings and claims of dissatisfaction with the project's progress or compliance with stipulated terms sparked many of the legal confrontations.

The builder, Shri G Promoters & Developers Private Limited, was successful in the majority of these cases for several reasons. In many instances, the opposing parties provided insufficient evidence to support their claims, leading the courts to favor the builder. Additionally, there were cases where the applicant's voluntary cancellation of contracts was deemed valid, alleviating the builder from accountability for refunds. Moreover, misunderstandings regarding the legalities surrounding land or project classifications often played a critical role in these disputes, favoring the builder's defense.

This analysis sheds light on the builder's reputation within the real estate market. It serves as a reminder that while genuine grievances exist, there are instances where buyers make unfounded assertions against builders, culminating in unnecessary legal disputes. Shri G Promoters & Developers Private Limited's track record demonstrates their capacity to adeptly navigate and defend against such unfounded claims, further reinforcing their standing in the market.

In summary, potential buyers are advised to exercise caution and conduct thorough research when evaluating builders. While there may be legitimate concerns within the real estate arena, the findings from this analysis suggest that builders like Shri G Promoters & Developers Private Limited often prevail in securing their rights against unjust or exaggerated requests. Thus, prospective buyers should seek verified information and remain prudent when forming opinions about a builder's reputation.