SHRI TIRUPATI BUILDERS

Introduction

In the dynamic world of real estate, builders often have varying reputations based on their project deliveries, customer satisfaction, and adherence to legal regulations. This blog will delve into the profile of Shri Tirupati Builders, a real estate developer operating primarily in Chhattisgarh, and analyze their performance based on available legal cases and customer complaints.

Overview of Shri Tirupati Builders

Shri Tirupati Builders is a builder with a relatively low number of complaints filed against them, currently standing at one recorded complaint. However, it is important to note that they have lost one legal case and won none, which raises some questions about their operational practices and customer satisfaction levels.

Legal Case Details

Complaint Summary

The single case filed against Shri Tirupati Builders stemmed from an alleged failure to update the quarterly progress of their projects on the RERA (Real Estate Regulatory Authority) web portal, as required by regulations. In response to the complaint, the builder stated that the project promoter had passed away and that they had complied with the necessary reporting requirements by submitting the required updates and the annual audit report. Ultimately, the case was closed after the builder provided the necessary documentation.

Case Analysis

Patterns in Lost Cases

The analysis reveals that the lack of compliance with regulatory requirements, as seen in this incident, is a critical factor that can lead to negative outcomes for builders. In this case, the failure to conduct timely updates contributed to a complaint being filed, suggesting that adherence to compliance and communication about project progress is essential for maintaining trust with customers.

Patterns in Won Cases

On the other hand, while Shri Tirupati Builders has not yet won any cases, it is notable that they were able to close the single case filed against them by proving that they had subsequently submitted the required reports. This pattern indicates a potential strength in their capacity to rectify mistakes or deficiencies once they are identified, which could benefit customer relationships moving forward.

Conclusion

Overall, the assessment of Shri Tirupati Builders presents a mixed picture. While the number of complaints is low, the lost case and the nature of the complaint highlight areas that require improvement, particularly in regulatory compliance and transparent communication regarding project progress. Potential buyers should exercise caution and conduct thorough due diligence when considering purchasing from this builder.

Tips for Potential Buyers

• Research the Builder: Look into customer reviews and any legal disputes to gauge the builder's reputation.
• Assess Compliance: Check if the builder has a history of compliance with RERA and other local regulations.
• Visit Completed Projects: If possible, visit any completed projects to assess quality and customer satisfaction firsthand.
• Read the Fine Print: Go through agreements and contracts carefully to understand what is promised and what rights you have as a buyer.

General Tips for Selecting Any Builder

• Check Credentials: Verify the builder’s registrations and certifications.
• Seek References: Ask for references from previous clients to get firsthand information about their experiences.
• Evaluate Financial Stability: Investigate the financial health of the builder to ensure they have the means to complete the project.
• Examine Warranty and Support: Look for builders that offer warranties on their projects and have a good post-sale customer support system.

In conclusion, while Shri Tirupati Builders presents a viable option for potential buyers, conducting thorough research and considering the builder's operational history and reputation is essential before making any commitments.

Analysis of the cases filed against Shri Tirupati Builders, where the builder lost, reveals several key points regarding their legal disputes.

The primary theme in the cases against Shri Tirupati Builders centers around Non-compliance with RERA Regulations. This includes the builder's failure to update the quarterly progress of their project on the RERA web portal, which is a critical requirement for transparency and compliance in the real estate sector.

Common reasons for bringing cases to court in this instance primarily revolve around the builder's obligations under the Real Estate (Regulation and Development) Act. Buyers and the RERA authority may contest the builder’s actions when they fail to adhere to the regulations, particularly concerning project updates and submissions of mandatory reports.

An emerging pattern from the case summaries indicates that builders may face litigation due to a combination of factors, such as insufficient evidence to support their claims of compliance or the deceased promoter's inability to fulfill project obligations. The case discussed illustrates how the builder ultimately submitted the required updates and annual audit report, which suggests that prior non-compliance may have stemmed from operational disruptions or inadequate knowledge of regulatory requirements.

Overall, the case against Shri Tirupati Builders highlights the importance of adhering to RERA regulations and maintaining open communication with buyers through the mandated web portal. It also serves as a reminder that non-compliance can lead to legal consequences and reputational damage, even if submission of necessary documentation can eventually resolve the issue.