SHRI SRINATHJI BUILDERS INFRA

Introduction

In the complex world of real estate, selecting the right builder is critical for potential homeowners. One builder that has made its mark in the industry is Shri Srinathji Builders Infra, primarily known for its operations in Gujarat. This blog explores the builder's legal track record, particularly in the context of complaints and disputes, and provides essential guidance for prospective buyers.

Legal Overview of Shri Srinathji Builders Infra

Shri Srinathji Builders Infra has faced legal challenges that shed light on their operational conduct. Specifically, there has been 1 complaint filed against them, and the outcomes reveal the following details:

• Cases Won: 0
• Cases Lost: 1

Details of the Legal Case

In the solitary case lost by the builder:

• Appellant Claim: The appellant asserted that Shri Srinathji Builders Infra failed to submit quarterly reports punctually, which constituted a violation of the RERA Act and its associated rules.
• Respondent Claim: The builder defended themselves by stating that the oversight was due to ignorance of the law, emphasizing that it was their first mistake in this regard.
• Final Verdict: The authority ruled against the builder, imposing a fine of Rs. 1,00,000, which they were required to pay personally.

Analysis of Legal Trends

Common Factors in Cases Lost

The case lost by Shri Srinathji Builders Infra highlights crucial factors that underpin their legal challenges:

• Failure in Compliance: The inability to file timely reports points to possible deficiencies in adherence to established legal timelines and documentation.
• Ignorance Defense: The argument of ignorance suggests a lack of familiarization with applicable laws, which can be a recurring theme for builders who may not be fully aware of regulatory requirements.

Common Factors in Cases Won

Notably, Shri Srinathji Builders Infra has not won any cases to date, indicating a concerning pattern that may suggest difficulties in maintaining compliance with legal standards in their business practices.

Conclusion: Overall Assessment of the Builder

In light of the legal information provided, it is evident that Shri Srinathji Builders Infra has faced challenges in compliance with regulations set forth by the RERA Act. The singular loss in court, resulting in a financial penalty, raises questions about the builder's operational standards. As such, potential buyers should proceed with caution.

Tips for Potential Buyers

1. Conduct Thorough Research: Investigate the builder's reputation within the community and seek feedback from current homeowners.
2. Review Legal Histories: Understanding the builder's legal performance is crucial; ensure to inquire about any past complaints or legal actions.
3. Ask About Compliance: Ensure the builder demonstrates compliance with local laws, including timely submissions and adherence to contracts.
4. Request Documentation: Always ask for formal documentation related to any property you are interested in to ensure legitimacy.

General Tips for Buyers When Selecting a Builder

• Check Certifications: Verify if the builder is registered with regulatory bodies and holds necessary certifications.
• Assess Past Projects: Look into previous projects completed by the builder to evaluate construction quality and project management.
• Compare Prices and Offers: Don’t rush into decisions; comparing multiple builders can yield better pricing and transparency.
• Consult Legal Experts: If in doubt, enlist the help of legal professionals to review contracts and agreements thoroughly before proceeding.

By following these guidelines and staying informed about the builder's legal standing, prospective buyers can make better real estate investment decisions.

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

The cases against the builder primarily cluster around two themes: regulatory compliance issues and delays in reporting and transparency. The builder faced legal action due to non-compliance with the Real Estate (Regulation and Development) Act (RERA) and Rules, specifically concerning the timely submission of quarterly reports. This points to a broader pattern of regulatory non-compliance, which is a common trigger for legal disputes in the real estate sector.

The reasons for bringing cases to court largely revolved around the builder's failure to adhere to established regulations. In the reported case, the appellant claimed that the builder had violated the RERA Act by not submitting required reports on time. The builder's defense—that the mistake stemmed from ignorance of the law—highlights a significant issue regarding their operational practices and compliance measures.

The conclusion of this case demonstrates a pattern of accountability, where builders are fined for non-compliance, where the builder was fined ₹1,00,000 and ordered to pay personally. This verdict emphasizes the legal expectation for builders to be well-acquainted with and to adhere to regulatory requirements.

Overall, the builder's losses in these cases underscore the importance of transparency and compliance in real estate dealings. Builders should take heed of these legal outcomes and ensure that they are fulfilling their obligations to maintain regulatory compliance and timely reporting, lest they face similar legal consequences.