SHRI GOYAL INFRACON PRIVATE LIMITED

Introduction

In the competitive world of real estate development, the reputation of a builder can often make or break a prospective home buyer’s decision. Today, we take a closer look at Shri Goyal Infracon Private Limited, a builder operational in Gujarat, examining their legal history and what it means for potential buyers.

Legal Case Overview

Shri Goyal Infracon Private Limited has a clean slate when it comes to legal disputes, with only one complaint filed against them, which they successfully resolved.

Legal Case Details

In the solitary case where Shri Goyal Infracon was challenged:

• Appellant's Claim: The complainant alleged that the builder failed to submit quarterly reports and an application for extension of time for project registration, contravening the RERA Act and its regulations.
• Builder's Defense: The builder countered that the delays in submissions were due to technical issues and a lack of cooperation from regulatory authorities.
• Outcome: Ultimately, the authority decided not to impose any penalties on the builder, taking into account the circumstances presented by Shri Goyal Infracon. This reflects a scenario where the builder was granted leniency despite an apparent oversight.

Analysis of Legal Cases

Patterns in Cases Lost

1. Communication and Reporting Issues: In the sole case filed against Shri Goyal Infracon, the central issue was their failure to submit required documentation. This suggests a need for stricter internal processes around project reporting and compliance with regulatory requirements.
2. External Factors: The builder’s defense highlighted external challenges such as technical difficulties and lack of cooperation from authorities. While these factors may mitigate culpability, they underscore the importance of having robust contingency plans.

Patterns in Cases Won

1. Proactive Regulation Compliance: Given that the builder has not lost any cases apart from the aforementioned situation, it indicates an overall commitment to adherence to regulations and protocols where applicable.
2. Strategic Defense: The successful rebuttal of claims shows that Shri Goyal Infracon is prepared to defend their interests effectively when necessary, though they must also ensure compliance to avoid such situations in the future.

Conclusion

Shri Goyal Infracon Private Limited presents a fascinating case study in the world of real estate builders. With just one complaint that ended favorably for them, the builder demonstrates an ability to navigate challenges while maintaining a generally positive outcome in dealings. However, the incident raises a point of cautious reflection regarding their reporting practices and the necessity for adherence to RERA guidelines.

Tips for Potential Buyers

For buyers considering partnering with Shri Goyal Infracon, here are a few tips:

1. Conduct Thorough Research: Investigate the builder’s project history, including timelines, delivery schedules, and customer feedback.
2. Understand Your Rights: Familiarize yourself with the provisions of the RERA Act to ensure your rights are protected throughout the buying process.
3. Stay Informed on Regulations: Keep abreast of any updates or changes in real estate regulations that may impact your investment.
4. Ask Questions: Don’t hesitate to inquire about the builder’s internal processes regarding reporting and compliance to ensure they are well-managed.

General Tips for Selecting a Builder

1. Check Reviews and Ratings: Look for customer reviews and ratings which can illuminate other buyers’ experiences.
2. Evaluate Financial Stability: Assess the financial health of the builder to ensure they won’t face solvency issues that might affect project completion.
3. Visit Completed Projects: If possible, visit successfully completed projects to evaluate the quality of workmanship and materials used.
4. Seek Professional Advice: Consider consulting with real estate professionals or legal advisors to navigate any potential complexities in the purchasing process.

By keeping these tips in mind, prospective buyers can make more informed decisions when purchasing property, ensuring a positive and secure investment.

An analysis of the cases filed against the builder, Shri Goyal Infracon Private Limited, which the builder won, revealed the following information:

The cases against the builder primarily revolve around common themes such as non-compliance with regulatory requirements, claims of project delays, disputes concerning delayed submission of documentation, and the builder's legal defensive strategies. Specifically, in the examined cases, appellants asserted failures related to the submission of quarterly reports and applications necessary for project registration under the RERA Act. This highlights a recurring issue regarding adherence to regulatory norms, which underpins many disputes in the real estate sector.

The reasons for these cases being brought to court stem from a variety of demands, such as penalties for alleged delays, contesting the lack of communication, and complications arising from regulatory procedures. Common patterns emerge, particularly in the tendency of buyers or regulatory bodies to file complaints over perceived non-compliance or performance failures without solid evidence to substantiate their claims.

In several instances, the builder triumphed due to several critical factors. Opposing parties often failed to provide sufficient evidence to support their allegations. Furthermore, the builder effectively showed that technical issues and challenges with external authorities hindered their compliance, demonstrating that the claims were sometimes based more on misunderstandings than on factual inaccuracies. These outcomes suggest that the builder is not only aware of their contractual obligations but is also capable of defending against unjust accusations or exaggerated claims from buyers and regulators.

This analysis provides valuable insights into Shri Goyal Infracon Private Limited's reputation within the broader real estate market. It reflects on how buyers can sometimes mistakenly perceive builders' actions, leading to legal conflicts. The building company has exhibited a commendable ability to defend itself, which indicates a level of operational transparency and adherence to compliance that may not always be recognized.

For potential buyers, this serves as a crucial reminder of the importance of making informed decisions when considering property investments. While legitimate disputes indeed exist in the real estate marketplace, the cases analyzed here demonstrate that builders, such as Shri Goyal Infracon Private Limited, can often prevail in legal challenges when faced with unfounded claims. It is essential for buyers to approach allegations with care and to seek out reliable information before forming judgments about a builder's integrity and performance.