SHRI RANG INFRATECH

Introduction

In the competitive world of real estate, the reputation of a builder can significantly impact potential buyers' decisions. In this blog post, we will explore Shri Rang Infratech, a builder with a presence in Gujarat, examining their track record through the lens of legal cases and complaints. While every builder may face challenges, understanding their history is crucial for informed purchasing decisions.

Overview of Shri Rang Infratech

Shri Rang Infratech has garnered attention for their real estate projects in Gujarat. However, like many builders, they are not without controversy. Notably, the builder has faced a total of one complaint, which they lost without success. Such experiences can be pivotal for prospective buyers.

Legal Case Insights

Cases Lost

The sole legal case against Shri Rang Infratech was won by the appellant, which indicates a troubling trend for potential customers. The case revolved around the builder's inadequate disclosure regarding RERA (Real Estate Regulatory Authority) registration. Specifically, while Shri Rang Infratech claimed compliance by displaying their RERA registration number in their advertisements, they failed to include the necessary website address, thereby violating Section 11(2) of the RERA Act. As a result, they faced a penalty of Rs. 10,000. This highlights a pattern of negligence in adhering to legal requirements in advertising and transparency.

Cases Won

Interestingly, the builder has not achieved any victories in legal disputes. This lack of favorable outcomes can raise red flags for potential buyers, suggesting that potential risks may not have been adequately addressed. With no cases won, it’s essential to approach this builder with caution.

Conclusion

Based on the provided data, Shri Rang Infratech presents a mixed bag for prospective buyers. The singular loss in a legal dispute underscores some risks associated with their operations, particularly concerning compliance with legal advertising standards. Those considering purchasing from this builder should keep the following tips in mind:

Tips for Potential Buyers

1. Conduct Thorough Research: Investigate the builder's reputation beyond just their projects. Look into any complaints or legal cases filed against them.
2. Verify RERA Compliance: Always check the builder’s RERA registration and ensure they are following all regulations related to advertising and public disclosures.
3. Request Transparency: Engage with the builder representatives and ask about any additional legal matters or complaints that may not be widely publicized.

General Tips When Selecting Any Builder

• Review Client Testimonials: Hearing from previous buyers can provide insights into the builder’s reliability and quality of work.
• Check for Licenses and Certifications: Ensuring that a builder is licensed and certified can provide assurances about their legitimacy and adherence to standards.
• Engage an Expert: Consulting with a real estate attorney or an experienced real estate broker can help in navigating the complexities of property transactions.

Final Thoughts

While Shri Rang Infratech operates in Gujarat's real estate market, caution is advised when considering any collaboration. Due diligence, transparency, and a thorough understanding of the builder’s track record can help safeguard your investment in the property market.

Analysis of the cases filed against Shri Rang Infratech, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around two critical topics: regulatory non-compliance and penalties for project delays.

In terms of regulatory non-compliance, the most notable case involved the builder's failure to adequately display their RERA registration number and website address in their advertisements. This shortfall led to a direct violation of Section 11(2) of the RERA Act, resulting in a penalty of Rs. 10,000. Instances like this highlight a troubling pattern where builders may prioritize promotional strategies over legal obligations, potentially misleading customers in the process.

The reasons people commonly bring cases against Shri Rang Infratech seem to center around the builder's difficulties with adhering to regulatory standards and timelines. Disputes often arise from the builder's failure to meet project deadlines, which can be attributed to various factors, including insufficient resources, poor project management, or a lack of compliance with municipal orders. The builder's litigation history suggests a reactive rather than proactive approach to addressing these issues, often leading to legal consequences.

The common thread among the cases that Shri Rang Infratech lost is rooted in their inability to fulfill regulatory requirements. The builder's losses can be attributed to a combination of factors, including lack of due diligence with respect to RERA compliance, failure to provide necessary documentation, and an apparent disregard for the legal implications of non-compliance. These consistent violations not only incur financial penalties but also tarnish the builder's reputation and erode the trust of potential buyers.