| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the realm of real estate, understanding the credibility of a builder is essential before making a significant investment. This blog post will delve into the performance of Shrinath Developers, a builder primarily active in Gujarat, based on the available data regarding complaints and legal cases.
Complaints and Legal Performance
Shrinath Developers has registered only 1 complaint, out of which they have lost this case, leading to a 0% win rate. This statistic raises concerns about the builder’s reliability and adherence to contractual obligations.
Details of the Legal Case
The sole legal case involved Shrinath Developers failing to submit the final account for their project 'Shrinath Residency' within the stipulated timeline. Here’s a brief overview of the case:
- Appellant Claim: GUJERA, the appellant, alleged that Shrinath Developers had neglected to submit the final account for the 'Shrinath Residency' project on time.
- Respondent Claim: In defense, Shrinath Developers contended that there were reasons for the delay in submission.
- Final Verdict: The authority concluded in favor of the appellant, imposing a penalty of Rs. 25,000 on Shrinath Developers for their failure to meet the deadline.
Analysis of Patterns in Cases
Cases Lost
- The only complaint against Shrinath Developers shows a notable pattern: lack of adherence to project deadlines. The failure to submit necessary documentation not only resulted in a legal penalty but also reflects potential operational inefficiencies within the company.
Cases Won
- Despite the claim submitted by Shrinath Developers stating there were reasons for the delay, this case did not result in a win for them. Consequently, there are traits leading to non-compliance reflected in their failure to secure favorable outcomes in legal challenges.
Conclusion
The data indicates that Shrinath Developers may not be the most reliable option for potential buyers in Gujarat, especially considering their lost case and solo complaint.
Tips for Potential Buyers
- Due Diligence: Investigate the builder's past projects and any complaints against them. Transparency in business practices is crucial.
- Legal Awareness: Understanding the builder's legal history can provide insights into their commitment and reliability. A builder with a high win rate in legal cases is preferable.
- Check Project Timelines: Verify the completion dates of previous projects. Delays can signal potential issues in project management.
General Tips for Selecting a Builder
- Research Thoroughly: Look beyond advertisements and review customer feedback.
- Visit Completed Projects: Experience the quality and standards of work firsthand.
- Discuss Financials: Be clear on all costs and payment structures from the outset.
- Request Documentation: Ensure that the builder provides all necessary legal and regulatory documents related to projects.
- Secure a Written Agreement: All terms, timelines, and costs should be clearly stated in a formal agreement.
In summary, while Shrinath Developers operates within the Gujarat real estate market, their legal history and customer complaints suggest potential buyers exercise caution and conduct thorough research before proceeding with any investment.
No builder reviews yet. Be the first to share your thoughts!
Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Shrinath Developers, where the builder lost, reveals several key themes across their legal disputes. The cases highlight key areas of concern, particularly regarding project delays and the builder's obligations to maintain transparency through documentation.
The first notable theme is "Penalties for Project Delays." In the case of 'Shrinath Residency,' the builder was penalized for failing to submit the final project accounts on time. This reflects a broader pattern of accountability, wherein builders are expected to meet deadlines to ensure that projects are completed efficiently and that stakeholders are informed of the project's status.
The second theme is "Failure to Submit Mandatory Documentation." This is closely related to the first theme, as the delay in submitting final accounts can be considered a form of non-compliance with regulatory requirements. Builders have a responsibility to provide timely documentation to verify that projects are being managed appropriately and that costs are justified. In the case of Shrinath Developers, the failure to do so resulted in a penalty, emphasizing the importance of adhering to these requirements.
Common reasons for disputes in these cases include the builder's failure to meet project timelines and their inability to provide requisite documentation to support their claims. When builders cannot substantiate their work with proper documentation, it often leads to legal consequences, as seen in the cases against Shrinath Developers.
The builder's losses in these cases primarily stem from insufficient evidence to defend their actions. Delays in project completion and documentation submission are critical issues that are not only frustrating for buyers but also indicative of potential mismanagement. Furthermore, non-compliance with the necessary procedures raises concerns about the builder's reliability and accountability, leading courts to impose penalties as a deterrent against future violations.
In conclusion, the cases against Shrinath Developers underline the importance of timely project completion, thorough documentation, and compliance with legal standards in the construction industry. Buyers should take these factors into account when evaluating builders, ensuring they make informed decisions based on a builder's track record and reliability.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| GJ/CMP/NCQR/Ahmedab… | Gujarat | The case is about the non-submission of the final… | ["Non-submission of… | {"appellant_claim": "The appellant, GUJERA, claim… | Gujarat Real Estate… | Shrinath Developers | https://drive.google.com/uc?id=1vSnnCUy4ccCOfxvdUq5W2mkSq0AYJZ1t |