SHRI SHIV UGATI DEVELOPERS

Introduction

In the realm of construction and real estate, selecting the right builder is crucial for ensuring a seamless property buying experience. Here, we examine Shri Shiv Ugati Developers, a builder based in Gujarat, by delving into their legal performance and discussing potential implications for prospective buyers.

Legal Record Overview

Shri Shiv Ugati Developers has encountered some challenges in their legal dealings, with a total of 1 complaint lodged against them. In this case, the builder lost the legal dispute without winning any cases. The details of the complaint indicate that the issue arose from the non-submission of quarterly reports, attributed to disputes within the partnership firm that includes the builder.

Case Analysis

Common Factors in Cases Lost

The singular case lost by Shri Shiv Ugati Developers sheds light on certain troubling aspects of their operational practices:

• Internal Disputes: The complaint was precipitated by disputes within the partnership firm, suggesting potential internal management issues that could impact project execution and transparency.
• Financial Liabilities: The builder was fined Rs. 75,000, indicating financial consequences stemming from their failure to comply with regulatory reporting requirements. This raises questions about their governance and the seriousness with which they handle compliance and accountability.

Cases Won

Interestingly, the information provided indicates that Shri Shiv Ugati Developers has yet to win a legal case. The lack of victories could be a concerning trend, potentially signaling deeper issues in operational integrity and stakeholder relationships.

Conclusion

Assessing Shri Shiv Ugati Developers based on the existing data, we find both strengths and weaknesses. While their legal track record is not extensive—showing more loss than gain—it highlights critical areas for buyers to consider.

Tips for Potential Buyers

1. Conduct Thorough Research: Always verify the builder's track record. While this developer has only one noted case, it's essential to understand broader patterns of behavior, especially concerning compliance and management.
2. Assess Internal Structure: Given the issues surrounding partnership disputes, inquire about the builder's management structure and whether there are any ongoing or potential disputes that may affect project timelines.
3. Review Financial Health: Understanding a builder's financial status, including pending fines and liabilities, can be indicative of their stability and reliability.

General Tips for Selecting a Builder

• Check for Consumer Reviews: Look for feedback from past clients about their experiences, which can provide insights into the builder's reliability and workmanship.
• Verify Licenses and Certifications: Ensure that the builder holds the necessary licenses and certifications to construct in your area.
• Meet with Other Buyers: Interacting with others who have purchased properties from the builder can yield valuable information on their real-world performance.

In summary, while Shri Shiv Ugati Developers has not established a strong legal track record, potential buyers should weigh all considerations, exercise due diligence, and make informed choices to safeguard their investment.