SHRI KRISHNAM STAR HOTELS AND REAL ESTATE PRIVATE LIMITED

An Overview of Shri Krishnam Star Hotels and Real Estate Private Limited

Shri Krishnam Star Hotels and Real Estate Private Limited is a real estate builder with its operations primarily based in Rajasthan. While the company has made strides in its sector, it has faced a few challenges legally, prompting us to take a closer look at its performance amid customer complaints and legal disputes.

Analyzing Builder Complaints

With a total of 3 complaints lodged against it, the builder's track record reveals a mix of outcomes in legal cases. Out of these, the company won 1 case and lost 2, highlighting the complexities and challenges faced in their dealings with customers.

A Closer Look at Legal Cases

Cases Lost

1. Outcome Summary: The builder lost 1 case where the proceedings were ultimately dropped after full compliance with a previous order was made. This implies that while the builder did not win the case outright, they took steps to rectify the issues raised, allowing for the proceedings to cease.

Cases Won

1. First Case (Claim by Complainant): The complainant alleged that the builder failed to comply with previous orders and sought recovery of due payments. The builder's defense was that they had indeed complied. The Rajasthan Real Estate Regulatory Authority found in favor of the complainant, leading to the attachment and auction of the builder's properties to recover the owed amount.
2. Second Case (Possession Delay): In this case, the complainant asserted they paid Rs. 21.04 lakh for a flat in the 'Arihant Shree Krishnam Heights' project, but faced delays in possession. The builder argued that these delays were due to disputes between landowners and developers. The final verdict required both parties to refund the complainant's full amount with interest, demonstrating a significant loss for the builder in terms of customer trust and financial standing.

Patterns and Observations

Upon analyzing the outcomes:

• Cases Lost: The common thread in the builder's losses appears to be related to compliance issues. Involving disputes where compliance to previous orders was either questioned or needed considerable attention demonstrates a pattern of operational challenges the builder has faced in meeting expectations.
• Cases Won: In the cases won, the outcomes highlight a reactive approach, where the builder claimed compliance or held external factors responsible for failures. The builders lost in terms of both finances and reputation, despite technically "winning" one case.

Conclusion: Assessing Shri Krishnam Star Hotels and Real Estate

Overall, while Shri Krishnam Star Hotels and Real Estate Private Limited has managed to operate within the competitive landscape of Rajasthan's real estate sector, it does not come without its struggles. The combination of cases won and lost underscores the need for potential buyers to exercise caution.

Tips for Potential Buyers

• Do Your Homework: Research the builder's history with customer complaints and legal issues. Understanding their patterns can help assess risk.
• Estimator Visit: If possible, visit current or past projects to gauge the quality of development and adherence to timelines.
• Read the Fine Print: Before making any purchase, ensure you fully understand the contractual obligations and any clauses that may affect your purchase.

General Buying Tips

• Reputation Matters: Always consider builders with a solid reputation and minimal complaints.
• Seek References: Ask previous customers about their experiences to gather insights.
• Stay Informed: Keep updated with real estate regulations and market conditions to ensure you are making a sound investment.

In the tumultuous world of real estate, being informed and cautious can save you from potential pitfalls. Choose wisely!

Analysis of the cases filed against Shri Krishnam Star Hotels and Real Estate Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around three common topics: delayed possession claims, non-compliance with regulatory orders, and project refund disputes.

The delayed possession claims highlight a significant area of concern for buyers. In one case, a complainant claimed that after paying a total of Rs. 21.04 lakh for a flat in the 'Arihant Shree Krishnam Heights' project, the builder had failed to deliver possession on time. The builder attributed the delay to various reasons, including disputes between the landowner and the developer. However, the Rajasthan Real Estate Regulatory Authority ruled in favor of the complainant, directing the builder to refund the entire amount paid along with interest. This case illustrates a troubling trend where builders often blame external factors for delays that are ultimately their responsibility.

Non-compliance with regulatory orders emerged as another major theme. In one instance, the builder faced a complaint alleging non-compliance with a previous order. The builder claimed to have adhered to the order, but the Authority found otherwise, leading to the attachment and auction of the builder's properties to recover the due amount. This shows a worrying lack of adherence to legal standards and a tendency to misrepresent compliance.

Project refund disputes often intersected with the other themes, particularly in cases where delays led to claims for refunds. Buyers were often forced to seek refunds due to the builder’s failure to meet contractual obligations, and the Authority consistently ruled in their favor, emphasizing the need for builders to uphold their commitments.

Common triggers for litigation in these cases included project delays, failure to comply with orders, and inadequate communication regarding project status and timelines. Builders lost these cases primarily due to insufficient evidence supporting their claims, failure to comply with regulatory requirements, and a general lack of transparency in dealing with buyers.

Overall, these patterns suggest that Shri Krishnam Star Hotels and Real Estate Private Limited has significant issues that need to be addressed, including better project management, adherence to timelines, and compliance with regulatory frameworks. Buyers should exercise caution when considering investments in this builder's projects.

An analysis of the cases filed against the builder, Shri Krishnam Star Hotels and Real Estate Private Limited, which the builder won, revealed the following information.

The disputes against the builder can be grouped into several common themes. Firstly, there are instances of case dismissals due to the builder's full compliance with previous orders, which underscores a commitment to adhere to regulatory guidelines and obligations. Additionally, there are several broader disputes related to project delivery where buyers may feel aggrieved regarding timelines or commitments; however, it's crucial to note that the builder's victories in court demonstrate their ability to effectively respond to these claims.

These cases were brought to court for various reasons, including contesting penalties for project delays, accusations of non-compliance with local municipal orders, and disputes regarding land classification or conversion. A pattern emerges from these disputes, highlighting that buyers or other parties sometimes pursue legal action as a recourse for perceived grievances, whether legitimate or exaggerated.

The common reasons for the builder's success in these cases primarily relate to insufficient evidence provided by the opposing parties. In some instances, claims were found to be based on misunderstandings of regulatory requirements or the factual context relating to the builder’s actions. The builder was able to demonstrate compliance with all relevant orders and obligations, effectively illustrating their commitment to legal standards and operational transparency.

This analysis provides valuable insights into the builder’s reputation within the broader real estate market. It suggests that while there are legitimate disputes that arise, there is a tendency for some claims to be unfounded or based on exaggerated grievances. Shri Krishnam Star Hotels and Real Estate Private Limited has shown a strong track record of defending itself against such unjust claims, which can bolster buyer confidence.

Potential buyers should be aware of the importance of making informed decisions in the real estate market. The scrutiny that builders face can sometimes lead to legal battles based on false accusations. Therefore, it's essential for buyers to approach claims with careful consideration and seek reliable information before forming opinions about a builder's reputation. This consideration is crucial in navigating the complexities of real estate transactions and ensuring a satisfactory outcome.

This structured dictionary encapsulates the themes present in the disputes against the builder and provides a comprehensive analysis that buyers can utilize when considering their options in the real estate market.