SHRI SAWAN INFRAAVENUE LLP

Introduction

In the competitive real estate market, understanding a builder's track record can be crucial for potential buyers. Today, we delve into the performance of Shri Sawan InfraAvenue LLP, a builder operating primarily in Gujarat.

Legal Landscape of Shri Sawan InfraAvenue LLP

A comprehensive review of Shri Sawan InfraAvenue LLP reveals one complaint against them, resulting in one lost case. This indicates that while the builder has encountered issues within the legal framework, their response and management of such situations warrant closer examination.

Summary of Legal Cases

From the legal case filed against the builder, details are as follows:

• Appellant's Claim: The appellant alleged that Shri Sawan InfraAvenue LLP breached provisions of the RERA Act by failing to submit quarterly reports in a timely manner.
• Builder's Defense: In their defense, the builder claimed that this was a first-time mistake and attributed the reporting deficiency to their Chartered Accountant.
• Verdict: The outcome of the case resulted in the authority imposing a fine of Rs. 25,000, which was mandated to be paid personally by the promoter.

Analysis of Legal Patterns

Cases Lost

The pattern in the lost case reflects a significant issue concerning compliance with regulatory standards, specifically the timely submission of required documents. This violation indicates potential organizational or management weaknesses within the firm that could impact future project delivery and trust.

Cases Won

In this instance, the builder did not experience a successful legal outcome; rather, it showcases the builder's reliance on external factors (like the Chartered Accountant's role) to mitigate accountability. While they did respond to the complaint, the lack of winning cases raises concerns about their track record in legal disputes.

Overall Assessment of Shri Sawan InfraAvenue LLP

Given the fact that Shri Sawan InfraAvenue LLP has one recorded complaint and has lost that case, potential buyers may want to exercise caution. The case also reveals a fine imposed, which could indicate a lack of consistent regulatory compliance. As such, potential customers should conduct thorough due diligence before engaging with this builder.

Tips for Potential Buyers

1. Research Thoroughly: Look beyond the surface. Investigate the builder's past projects, client reviews, and compliance history with regulatory authorities.
2. Request Documentation: Ask for evidence of the builder's adherence to industry regulations, including timely report submissions and previous legal disputes.
3. Communication is Key: Engage directly with the builder to gauge their responsiveness and willingness to clarify concerns before purchasing.
4. Consult with Experts: Sourcing advice from real estate professionals or legal experts can provide added insights into the builder's reputation and practices.

General Tips for Selecting Any Builder

• Check Credentials: Verify the builder's registration with local regulatory bodies and their reputation within the industry.
• Review Previous Work: Visit completed projects to assess quality and craftsmanship.
• Evaluate Financial Stability: A builder's financial health is crucial for project delivery and assurance of quality.
• Understand Terms & Conditions: Read through contracts carefully and clarify terms related to payments, delivery timelines, and grievance redressal mechanisms.

Conclusion

Engaging with a builder like Shri Sawan InfraAvenue LLP requires careful consideration of their legal history and operational practices. By following the guidelines outlined and performing due diligence, potential buyers can make informed decisions that safeguard their investments.

Analysis of the cases filed against Shri Sawan InfraAvenue LLP, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around regulatory non-compliance, delays in reporting, and the ensuing penalties for project delays.

The builder faced legal action predominantly due to its failure to adhere to the Real Estate (Regulation and Development) Act (RERA) and its associated rules. In one notable case, the builder was fined for late submission of quarterly reports, which highlights a significant area of non-compliance. The builder's defense—that it was their first mistake and that their Chartered Accountant was responsible—indicates a lack of understanding or adherence to regulatory requirements and a tendency to deflect accountability.

Common reasons for bringing cases against the builder included contesting penalties imposed for delays and regulatory breaches, as well as disputes over the builder's accountability in maintaining proper documentation and reporting. A pattern emerges where the builder attributes its losses to other parties, such as the Chartered Accountant, rather than accepting responsibility for its operations.

The builder's losses in these cases can be attributed to several factors, primarily non-compliance with RERA and the rules governing real estate reporting. The builder's failure to submit reports on time demonstrates a disregard for procedural requirements, and their defenses consistently show a misunderstanding of their obligations. Instead of accepting the penalties as a warning to rectify their practices, the builder opted to contest the decisions, leading to adverse outcomes.

In conclusion, the cases against Shri Sawan InfraAvenue LLP serve as a cautionary tale for builders about the importance of regulatory compliance and accountability. Buyers should take note of these legal issues when considering builders for their investments, as a history of non-compliance may signify deeper operational inefficiencies.