SHRI PARSHA BUILDCON

Introduction

In the ever-evolving real estate market, selecting the right builder is crucial for prospective homeowners. This blog post will analyze Shri Parsha Buildcon, a builder based in Gujarat, examining their track record with legal cases, customer complaints, and insights for potential buyers.

Overview of Shri Parsha Buildcon

Shri Parsha Buildcon operates primarily in Gujarat and has a notable record concerning customer complaints and legal matters. With just one complaint lodged against them, the builder has won no cases and lost one case related to regulatory violations.

Legal Case Details

The single legal case against Shri Parsha Buildcon is particularly telling.

• Outcome: The builder was found guilty of violating Circular-13 under Section-11(2) of the Real Estate (Regulation and Development) Act-2016.
• Penalty: They faced a monetary penalty of Rs. 15,000.
• Builder’s Claim: They claimed not to have intentionally violated any regulations and requested leniency.

This outcome suggests potential issues regarding their compliance with real estate regulations, which could be a concern for potential buyers.

Analysis of Legal Cases

Common Factors in Cases Lost

• Regulatory Violations: The singular case lost indicates a failure to comply with specific regulatory frameworks, which can reflect a lack of due diligence in adhering to industry standards.

Common Factors in Cases Won

• Lack of Cases Won: Notably, Shri Parsha Buildcon has not won any legal cases. This raises questions about their operational practices and the reasons behind their failure to defend against claims successfully.

Overall Assessment of Shri Parsha Buildcon

Based on the limited data available, Shri Parsha Buildcon shows a concerning trend regarding regulatory compliance and customer grievances. With only one complaint recorded but no victorious cases, there appears to be some hesitation in their operational integrity. Buyers should be cautious and consider these factors before making significant investments.

Tips for Potential Buyers

1. Conduct Detailed Research: Look up the builder's history concerning complaints and legal matters, as this can provide insights into operational practices.
2. Visit Completed Projects: If possible, visit developments completed by Shri Parsha Buildcon to assess build quality and meet existing homeowners.
3. Regulatory Compliance: Ensure the builder conforms to local real estate laws and controls; ask for evidence of compliance.
4. Read Reviews: Gathering reviews from former buyers can offer perspectives on customer satisfaction and delivery timelines.

General Tips for Selecting a Builder

• Check Credentials: Verify the builder’s licenses, certifications, and industry reputation.
• Assess Financial Stability: Understand the financial standing of the builder, which can be crucial for project completion.
• Explore Warranty Options: Ensure they offer warranties as a measure of accountability for their construction.
• Engage a Legal Advisor: Consulting with a legal professional can assist in understanding contracts and any obligations.

Conclusion

Choosing a builder requires careful consideration and due diligence. While Shri Parsha Buildcon operates in Gujarat with minimal recorded complaints, the lack of winning cases paired with a violation points to potential red flags. Prospective buyers should weigh this information carefully against their own needs and expectations to ensure the most informed decision.

Analysis of the cases filed against Shri Parsha Buildcon, where the builder lost, reveals several key insights into their legal disputes.

The cases against the builder primarily cluster around two themes: regulatory non-compliance and penalties for violations. The builder was found guilty of violating Circular-13 under Section-11(2) of the Real Estate (Regulation and Development) Act-2016, which indicates a pattern of disregard for regulatory requirements. This violation resulted in a penalty of Rs. 15,000, highlighting the legal repercussions of non-compliance.

Common reasons for litigation in these cases include contesting penalties imposed for regulatory violations. The builder's defense typically revolved around claims of unintentional violations and requests for leniency, rather than addressing the core issues of compliance. This suggests that the builder may have been caught off guard by the regulations or underestimated their importance.

The underlying reason for the builder's losses in these cases appears to stem from their inability to meet regulatory standards. The fact that they were found guilty of violations indicates that sufficient evidence existed to demonstrate non-compliance, despite their defenses.

Overall, these case outcomes serve as a warning to potential buyers about Shri Parsha Buildcon's adherence to real estate regulations. Buyers should exercise caution and conduct thorough research before engaging with a builder that has a history of legal issues related to non-compliance.