SHRINATHJI BUILDER INFRA

Introduction

When it comes to choosing the right real estate developer, buyers often seek a builder with a solid reputation and a clean track record. In this blog post, we will delve into the details of Shrinathji Builder Infra, a construction company operating primarily in Gujarat. We will examine their legal standing, performance in disputes, and what potential buyers should consider before making a decision.

Overview of Shrinathji Builder Infra

Shrinathji Builder Infra has faced a limited amount of legal scrutiny, with a total of one recorded complaint and a singular case that resulted in a loss for the builder. This information gives prospective buyers insight into the builder's operational integrity and helps inform their decision-making process.

Legal Case Details

In the legal scenario concerning Shrinathji Builder Infra, the Gujarat Real Estate Regulatory Authority (RERA) filed a case against the builder, alleging violations of the Real Estate (Regulation and Development) Act, 2016. The specifics of the case reveal:

• Appellant Claim: RERA claimed that the builder failed to submit a final report and an application for extension within a set timeframe.
• Respondent Claim: The builder contended that the project had been completed and they had applied for the necessary certificate concerning the utilization of funds.
• Final Verdict: The RERA authority imposed a fine of Rs. 50,000 on Shrinathji Builder Infra and mandated submission of the final report and the application for extension within 30 days.

Patterns in Legal Cases

Common Factors in Lost Cases:

The only case lost by Shrinathji Builder Infra highlights critical issues regarding adherence to regulatory requirements. The main factors contributing to the adverse outcome were:

• Delayed Compliance: The inability to submit necessary documents within the required timeframe indicates possible organizational or operational inefficiencies.
• Regulatory Challenges: The case underscores the importance of complying with real estate regulations established by bodies such as the Gujarat RERA.

Common Factors in Won Cases:

While Shrinathji Builder Infra currently has no cases won in a conventional sense, the fine imposed indicates that while there was a breach of protocol, the authority acknowledged some validity in the builder's claims regarding the completion of the project. This pattern suggests:

• Proactive Measures: The builder had taken steps to communicate completion and compliance, at least in part, which may mitigate future complaints.

Overall Assessment

Based on the provided data, Shrinathji Builder Infra operates under regulatory scrutiny and has demonstrated a mixed response to such challenges. With one lost case and no successful victories against complaints, potential buyers should exercise caution. The fine imposed and directive for compliance reflect the need for the builder to improve their operational protocols and compliance timelines.

Tips for Potential Buyers

If you're considering purchasing from Shrinathji Builder Infra, here are some tailored recommendations:

• Ask About Compliance: Inquire about any outstanding regulatory issues or recent legal challenges to understand the builder's current standing.
• Request Project Documentation: Ensure that all project-related documents, completion certificates, and financial reports are available and up to date.
• Conduct Thorough Research: Look into customer reviews or testimonials to gauge the experiences of previous buyers with the builder’s projects.

General Tips for Selecting a Builder

1. Check Track Record: Look for builders with a history of successful project completions and minimal complaints.
2. Evaluate Financial Stability: Assess the financial health of the builder to avoid potential project delays or halts.
3. Seek Transparency: Choose builders who are open about their processes, timelines, and any potential risks.
4. Understand Your Rights: Familiarize yourself with your rights as a buyer under local real estate laws to ensure your interests are protected.

Conclusion

While Shrinathji Builder Infra has navigated some challenges, potential buyers must weigh the risks and consider thorough due diligence before proceeding with a purchase. Understanding the regulatory landscape and the builder’s history can empower buyers to make informed decisions and protect their investments.

Analysis of the cases filed against Shrinathji Builder Infra that it lost reveals several key themes across the disputes raised by the Gujarat Real Estate Regulatory Authority and other parties involved.

The cases against Shrinathji Builder Infra primarily cluster around three common themes: non-compliance with regulatory requirements, project delay and extension disputes, and penalties for delayed submissions.

In the realm of regulatory non-compliance, the builder faced scrutiny for failing to adhere to the Real Estate (Regulation and Development) Act, 2016, particularly concerning timely submission of final reports and applications for project extensions. This highlights a pattern where builders may prioritize project completion over the necessary paperwork, leading to legal repercussions.

Project delay and extension disputes revolve around the builder's claims of completed projects and their eligibility for certificates of fund utilization. The authority's decision to impose fines and direct the builder to submit outstanding documentation indicates a lingering concern about transparency and compliance in project management, even after a project's completion.

The imposition of penalties serves as a direct consequence of the builder’s delayed submissions and non-compliance with authority directives. This theme underscores the regulatory authority's role in enforcing deadlines and ensuring that builders fulfill their obligations in a timely manner.

Common reasons for the disputes in these cases include the builder's failure to meet regulatory deadlines, inadequate documentation, and a general lack of compliance with the statutory requirements. The builder's defense often revolved around their assertion of project completion and fund utilization, which indicates a potential misunderstanding or misinterpretation of regulatory requirements.

The conclusion drawn from these cases is that Shrinathji Builder Infra faced legal challenges primarily due to its failure to align with regulatory frameworks and timelines, a factor that negatively affects its credibility in the eyes of prospective buyers. Buyers should take this into account when making informed decisions in the real estate market.