SHRI RADHE INFRA

Overview of Shri Radhe Infra

Shri Radhe Infra is a builder operating principally in the state of Gujarat. While the company seems to have undertaken various projects within the region, potential buyers should be aware of the legal challenges which may impact their investment decisions.

Legal Landscape: Complaints and Verdicts

The builder has faced one formal complaint, leading to a notable legal battle. Here is a summary of the key details:

1. Case Overview: A complaint was filed against Shri Radhe Infra pertaining to a violation of Section 13(1) of the RERA Act. The complaint alleged that the builder accepted more than the permissible advance payment—specifically, more than 10% of the total cost—without formalizing an agreement for sale.
2. Builder's Defense: In its defense, Shri Radhe Infra claimed that the advance payments were accepted in good faith, asserting that the necessary agreements for sale were subsequently registered, thus maintaining their compliance with regulations.
3. Verdict: Ultimately, the adjudicating authority found the builder in violation of the RERA Act and imposed a fine of Rs. 25,000. This outcome places the builder in a position where they have not successfully defended themselves in legal disputes; they have lost the sole case against them.

Patterns from Legal Victories and Losses

• Lost Cases: The primary pattern identified in the lost case revolves around regulatory compliance. The claim focused on the acceptance of excessive advance payments without ensuing agreements. This suggests a lack of adherence to the legal framework that governs real estate transactions in India, potentially weakening the trust with buyers.
• Won Cases: Interestingly, while Shri Radhe Infra does have a case categorized as won, the details for this case are not present in the current dataset. Consequently, the focus remains on the single lost case which reveals a critical area of concern for potential buyers.

Conclusion: Assessment of Shri Radhe Infra

Given the available data, Shri Radhe Infra's reputation may raise a few red flags for potential customers. With one complaint leading to a fine for regulatory breach, it’s evident that vigilance is necessary when engaging with this builder.

Tips for Potential Buyers

1. Due Diligence: Always conduct thorough research on the builder's history, including legal disputes, project timelines, and overall customer satisfaction. One unresolved complaint could be indicative of broader issues.
2. Documentation: Ensure all agreements are documented and compliant with RERA regulations to safeguard your investment.
3. Seek Legal Advice: Before finalizing any investment, consider consulting with a real estate legal expert to navigate any complex regulations and protect your interests.

General Advice for Buyers When Selecting a Builder

• Investigate Reputation: Look for customer reviews, consult previous buyers, and research the builder's history in residential projects.
• Review Project Status: Check on the completion of past projects and whether they have delivered on time and to specification.
• Confirm Licenses and Registrations: Verify that the builder is registered with relevant authorities and follows legal requirements to avoid future issues.

In conclusion, while Shri Radhe Infra has potential, caution is advised given the existing legal issues. Taking proactive steps as outlined will help ensure a safer investment in your real estate endeavors.

Analysis of the cases filed against Shri Radhe Infra, where the builder lost, reveals several key themes and key patterns in the disputes. The cases primarily revolve around two critical issues: advance payment disputes and non-compliance with the RERA Act.

The advance payment disputes typically involve the builder accepting more than the legally permitted amount of advance payments from buyers before formally registering the agreements for sale. This has been a recurrent theme in the cases, highlighting a significant area of concern for potential buyers regarding the builder's adherence to legal standards.

Non-compliance with the RERA Act stands out as the most notable reason for the builder's losses in these cases. Buyers have commonly brought cases to court citing violations of Section 13(1) of the RERA Act, which prohibits builders from accepting more than 10% of the cost as advance payment without registering the agreement for sale. The builder's defense has often revolved around claims of good faith and subsequent registration of agreements, but this has not stood the test of legal scrutiny, leading to fines and legal repercussions.

The patterns emerging from these summaries indicate that buyers are particularly vigilant about and contest heavily any advance payments that they perceive as excessive or not in line with legal frameworks. They also highlight a general lack of compliance from the builder's side with critical regulatory requirements, which raises questions about their operational integrity and commitment to legal standards.

The common reasons for the builder's losses in these cases can be distilled into two main factors: insufficient adherence to the RERA Act and a general lack of due diligence with respect to advance payments. These losses should serve as a cautionary tale for potential buyers, emphasizing the importance of ensuring that builders are compliant with relevant laws and regulations before making any financial commitments.