SHUBHHOMES REALCON PRIVATE LIMITED

Introduction

In the vast landscape of real estate, choosing the right builder can often be a challenging endeavor. One builder that has caught the attention of prospective homebuyers is SHUBHHOMES REALCON PRIVATE LIMITED. This blog post will delve into the company's performance, particularly focusing on their legal track record and highlighting important factors for potential buyers to consider.

Overview of SHUBHHOMES REALCON PRIVATE LIMITED

SHUBHHOMES REALCON is a real estate developer based in Uttar Pradesh. Despite relatively few complaints (only 2), it is notable that this builder has an impressive record in legal disputes, having won all cases they faced. This suggests a level of commitment to their clients and a capacity to handle disputes effectively.

Legal Record Analysis

Cases Won

Total Cases Won: 2 Total Cases Lost: 0

Both of the two legal cases that were filed by SHUBHHOMES REALCON resulted in victories for them. In each instance, the appellant (the party filing the complaint) sought the release of funds deposited under Section 43(5) of the Act, 2016, claiming that the amount should be returned in their favor. The tribunal’s verdict led to a favorable outcome, directing the release of the disputed amount back to the appellant, thereby affirming the builder’s compliance with the legal requirements.

Patterns in Legal Outcome

• Common Factors in Cases Won:
  • Strong Legal Position: The builder maintained a strong legal standing as the claims made by respondents did not contest the core issue — the release of funds. This suggests that the builder adhered to legal frameworks and maintained transparency in their dealings.
  • Consistent Compliance: Winning both cases indicates a pattern where SHUBHHOMES REALCON is attentive to regulatory requirements and performs adequately in situations requiring legal intervention.

Conclusion

Based on the provided data, SHUBHHOMES REALCON PRIVATE LIMITED demonstrates a strong track record in legal matters, having successfully navigated disputes without any losses. This can inspire confidence among potential buyers regarding the builder's reliability and customer service.

Tips for Potential Buyers

1. Due Diligence: Before purchasing, conduct thorough research about the builder, including their history of legal disputes and resolutions.
2. Review Documentation: Carefully read all contract details and ensure that all agreements comply with local real estate regulations.
3. Assess Reputation: Engage with current clients or owners from previous projects to gauge their satisfaction levels.
4. Legal Guidance: Consider seeking legal advice when dealing with contracts and negotiations to protect your interests.

General Tips for Selecting a Builder

• Check Credentials: Look for builders with relevant licenses and certifications.
• Project Portfolio: Review previous projects to assess quality and consistency.
• Customer Reviews: Seek feedback from prior customers to understand their experiences.
• Transparency: Ensure the builder communicates openly and is willing to answer all your questions.

In summary, SHUBHHOMES REALCON PRIVATE LIMITED has crafted a commendable legal profile, making it a potential candidate for those looking to invest in real estate in Uttar Pradesh. By following the outlined tips, prospective buyers can arrive at informed and confident purchasing decisions.

An analysis of the cases filed by the builder, SHUBHHOMES REALCON PRIVATE LIMITED, which it won, revealed the following information. The cases primarily revolve around two major themes: the release of amounts deposited under Section 43(5) of the Act, 2016, and disputes over financial claims associated with these deposits.

In these cases, the builder consistently sought the release of funds that had been ethically deposited in accordance with the relevant legal framework. The underlying reason for bringing these cases to court often stemmed from disputes regarding the rightful claim to these amounts, which were generally contested by respondents who argued that no actual dispute existed regarding the release. This points to the builder’s proactive approach in asserting its rights within the legal parameters laid out in the Act, 2016.

The builder's victories can be attributed to several factors. In all cases, the tribunal directed the release of the deposited amounts in favor of the builder, indicating a strong legal grounding and perhaps highlighting insufficient counter-arguments from the opposing parties. There is a pattern suggesting that opposing parties may have misunderstood the legal stipulations surrounding these funds or failed to provide compelling evidence to contest the builder's claims against them. Thus, SHUBHHOMES REALCON PRIVATE LIMITED effectively defended itself against claims that appeared to be unfounded or exaggerated.

This analysis provides valuable insights into the builder's reputation within the industry's context. It illustrates that claims from buyers or parties involved can sometimes be unfounded, leading to legal disputes. The builder's consistent performance in court showcases its commitment to upholding its rights and signifies a level of confidence in its operations and legal adherence.

For potential buyers, this underscores the importance of making informed decisions when choosing a builder. While legitimate disputes certainly exist in the real estate market, it is evident from the analysis of these cases that builders like SHUBHHOMES REALCON PRIVATE LIMITED often defend themselves successfully when unjustly accused. Buyers are advised to approach claims with careful consideration and seek reliable information before forming opinions about any builder's reputation.