SHRI KRISHNA DEVELOPERS

Introduction

In the realm of real estate development, potential buyers often seek assurance and trust in a builder’s track record. Shri Krishna Developers operates in the states of Madhya Pradesh and Gujarat, but the builder's journey showcases a mix of successes and challenges. In this blog, we will analyze the builder's legal cases, look for patterns in their performance, and offer essential advice for prospective buyers.

Overview of Legal Cases

Shri Krishna Developers has been involved in a total of 6 complaints, winning 2 cases and losing 4. This record highlights various aspects of their operations, with another layer of complexity stemming from the details of each case.

Cases Lost

1. Case Filed by Builder and Lost:
   • Appellant Claim: The promoter claimed timely project completion and necessary permissions, but faced issues due to a late final report submission.
   • Response: Regulatory authorities found that the builder violated the RERA Act by not …

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Analysis of the cases filed against Shri Krishna Developers, where the builder lost, revealed significant insights into their operational practices and compliance with regulatory standards. The cases can be broadly categorized into four themes: Non-compliance with Regulatory Requirements, Delayed Possession Claims, Penalties for Project Delays, and Failure to Communicate or Respond.

The builder faced penalties due to a lack of compliance with the Real Estate Regulatory Authority (RERA) Act and Rules. For instance, they were fined for not submitting quarterly reports and applications for extending deadlines on the Gujrera portal. This highlights a concerning pattern where the builder may have been either misinformed or chose to ignore regulatory obligations, leading to legal repercussions.

Delayed Possession Claims emerged as another significant theme. In one case, the builder failed to develop a plot of land and provide possession to the buyer despite receiving full payment. The buyer was forced to take legal …

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Analysis of the cases filed by the builder Shri Krishna Developers, which it lost, reveals some crucial insights about its legal disputes and operational challenges. The primary themes that emerged from these case files center around 'Regulatory Non-compliance' and 'Penalties for Project Delays'. Each of these themes represents common issues that the builder faced in multiple instances.

In terms of regulatory non-compliance, the builder often found itself in disagreements with authorities regarding the timely submission of necessary documentation, specifically, the final project reports required under the RERA Act. In the highlighted case, the builder contested that they had completed the project on time but failed to file the final report, attributing this oversight to other conditions not being met. Such cases typically involve builders facing penalties or fines for not adhering to legal requirements laid out by regulatory bodies.

The penalties for project delays surfaced as a recurrent theme where …

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An analysis of the cases filed against the builder, Shri Krishna Developers, which the builder won, revealed the following information.

The disputes ranged from non-completion of promised common amenities to delays in submitting necessary documentation for regulatory compliance.

One common theme is the non-completion of common amenities. In one of the cases, the complainant alleged that the builder had not completed amenities as promised in their marketing materials. However, the builder defended itself by stating that the amenities were still under construction. The case underscores the frequent contention between buyers' expectations based on promotional literature and the actual project timelines.

Another theme emerging from the case summaries relates to the timely submission of documentation. In one instance, the builder claimed that they were unable to provide the annual audit report due to a unique issue with their PAN card and pending permissions. This reflects a recurring issue in real estate …

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