| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When considering real estate investments, it’s essential to assess the reputation and reliability of builders. In this blog post, we will delve into the performance of Shripal Developers, a builder operating in Rajasthan, and provide insights based on their legal records.
Overview of Shripal Developers
Shripal Developers has generated some attention in the construction and real estate sector, particularly in Rajasthan. However, potential buyers and investors should analyze the builder's complaint history and legal standings before making commitments.
Legal Track Record
Shripal Developers has faced a total of 1 complaint. Unfortunately, they have lost that case, which may raise some concern for potential investors.
Legal Case Details
The sole legal action against Shripal Developers resulted in a verdict where a penalty of Rs. 2,00,000 was imposed due to their failure to complete a project within the estimated time frame and their lack of application for a project extension. This …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shripal Developers, where the builder lost, reveals several key themes and key patterns underlying the disputes. The cases can be broadly categorized into two main topics: Delayed Possession Claims and Penalties for Project Delays.
The first type of cases primarily involves claims made by buyers regarding delays in the possession of their properties. Buyers often contend that the builder failed to adhere to the promised timelines, leading to significant delays in project completion. This is a common theme in real estate disputes, as buyers expect and rely on timely possession of their investments.
The second category revolves around penalties imposed on the builder for these delays. In the case summarized, a penalty of Rs. 2,00,000 was imposed on Shripal Developers for failing to complete a project within the estimated completion date without applying for an extension. This highlights a crucial regulatory requirement in …
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