SHRIDHAR INFACON LLP

Understanding Shridhar Infacon LLP: An Insight into Complaints and Legal Cases

When investing in real estate, particularly in residential projects, potential buyers must assess builders not just on their promises but also on their track record of satisfied customers. One builder that has caught the attention of prospective homeowners is Shridhar Infacon LLP, a company operating in Gujarat. In this article, we will delve into the legal standing of Shridhar Infacon LLP, focusing on the complaints lodged against them and the outcomes of the legal cases they have faced.

Builder Overview

Legal Complaints & Cases

Shridhar Infacon LLP has faced a total of 1 complaint recently, which culminated in 1 legal case that the builder ultimately lost. Interestingly, 0 cases were won by this builder, indicating a concerning trend given the limited number of disputes reported.

Analysis of Legal Cases

Case Details

The single case that Shridhar Infacon LLP lost involved allegations of violating Section 13(1) of the RERA Act. Here are the specifics of the case:

• Appellant's Claim: The appellant alleged that the builder accepted more than 10% of the total cost of the apartment as an advance without entering into a registered written agreement for sale.
• Respondent's Claim: The builder argued that there was a registered written agreement in place, but the buyers had failed to pay the remaining amount owed.
• Verdict: Ultimately, the authority found Shridhar Infacon LLP guilty, resulting in a penalty of ₹5,000/- imposed on the builder.

Patterns in Cases Lost

From the single lost case, a clear pattern emerges. The allegation revolved around financial transactions and compliance with legal frameworks, suggesting that potential issues related to the agreement and financial dealings might be common factors. The failure to adhere strictly to the terms regarding advance payments highlights a potential risk for future buyers regarding contract enforceability and builder accountability.

Patterns in Cases Won

On the other hand, there are no cases won by Shridhar Infacon LLP, which potentially indicates a lack of favorable legal outcomes that could reflect either on their business practices or the robustness of their legal agreements.ConclusionConsidering the data available, Shridhar Infacon LLP appears to be a builder with a concerning legal reputation, primarily reflected in the single case that resulted in a penalty against them. Potential buyers should exercise caution and thoroughly investigate the builder's past performance and customer satisfaction levels before entering into any agreements.Tips for Potential Buyers1. Due Diligence: Research thoroughly about the builder's history, any complaints filed, and the outcomes. Websites and forums where homeowners share their experiences can be invaluable.2. Examine Documentation: Ensure all agreements are documented, clear, and registered legally to safeguard your investment.3. Seek Professional Advice: Consider consulting with a legal expert who specializes in real estate. They can help you navigate the complexities of property transactions and ensure your rights are protected.General Tips for Selecting Any Builder

• Check Reviews and Registrations: Ensure the builder is registered with local authorities and check for reviews from previous clients.
• Understand Payment Structures: Be clear on the payment terms, especially concerning advance payments, to avoid any potential legal issues later.
• Visit Previous Projects: If possible, visit some of the builder's completed projects to gauge the quality of construction and workmanship.

By taking informed steps and analyzing the builder's track record critically, prospective buyers can navigate the real estate market more effectively, minimizing risks and enhancing their chances of a satisfactory purchase.

Analysis of the cases filed against Shridhar Infacon LLP, where the builder lost, reveals several key themes across the disputes. The cases highlight key issues primarily revolving around advance payment disputes, non-compliance with the RERA Act, and the ensuing penalties for these violations.

The common theme in these cases is the builder's acceptance of more than 10% of the apartment's cost as an advance payment without securing a written agreement for sale or registering it, which is a clear violation of Section 13(1) of the RERA Act. This has led to multiple penalties, indicating a systemic issue within the builder's operations regarding compliance with regulatory requirements.

The primary reason people brought cases against the builder was the alleged violation of the RERA Act and the financial repercussions it imposed on buyers. The builders’ defense often revolved around claims of having agreements in place, yet the underlying issue of non-registration and non-compliance with the required legal processes consistently surfaced. This highlights a pattern where the builder’s actions might have exacerbated buyer dissatisfaction and led to legal consequences.

The builder lost these cases predominantly due to their failure to adhere to the RERA Act, specifically concerning the need for registered agreements for sale prior to accepting significant advance payments. The authority's imposition of penalties reflects a trend where builders where are unable to provide sufficient evidence of compliance or defend their actions adequately in a legal setting face serious repercussions.