| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When considering a real estate developer, potential buyers often seek reassurance regarding a builder's reliability, especially in terms of legal disputes and customer satisfaction. In this post, we dive into the performance of SHRIRAM DEVELOPERS, examining their legal cases, customer complaints, and the implications for prospective buyers.
Overview of SHRIRAM DEVELOPERS
SHRIRAM DEVELOPERS operates primarily in the states of Chhattisgarh and Gujarat. With a relatively low number of complaints (3 in total), this builder's legal track record provides insight into their business practices and client interactions.
Legal Case Summary
Cases Filed by the Builder: Successes
SHRIRAM DEVELOPERS has had success in one key legal battle:
- In a case where the applicant claimed she had paid Rs. 60 lakh for a flat in the 'Shriram Heights' project without receiving the property or a refund, the authority found in favor of the applicant, directing SHRIRAM DEVELOPERS to refund the amount within …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Shri Ram Developers that it lost reveals several key themes across the disputes. The cases highlight ongoing issues primarily revolving around compliance with the Real Estate Regulatory Authority (RERA) and project delay penalties imposed by regulatory authorities.
The first type of case involves RERA Compliance Issues. In these cases, the builder was found to have violated the RERA Act, which aims to protect the interests of homebuyers and ensure that builders adhere to accepted standards. The authorities imposed fines on Shri Ram Developers for not adhering to the regulations, signaling a troubling trend in the builder's operations.
Penalties for Project Delays constitute another significant theme. Delays in project completion are a common grievance in the real estate sector, and Shri Ram Developers was no exception. The builder faced penalties for failing to complete projects on time, which reflects a lack of adequate project …
Individual case details available for subscribers.
Cases Won by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed by the builder, SHRIRAM DEVELOPERS, which it won, revealed the following information. The disputes primarily revolve around refund claims made by buyers who claim they did not receive their promised flats, with the builder contesting those claims by arguing non-compliance with conditions of sale.
One recurring theme identified in the cases is 'Refund Disputes.' In these instances, buyers alleged that they had made significant financial commitments for properties but did not receive what was promised, leading them to seek refunds. The builder, on the other hand, often defended itself by pointing out the buyers' failure to meet necessary conditions required for the transaction to be valid. This theme emphasizes the legal complexities tied to property transactions and the importance of understanding contractual obligations.
Another common theme is 'Claim Conditions and Compliance.' The builder has consistently brought these cases to court to contest …
Individual case details available for subscribers.
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