SRI KATEELESHWARI INNOVATIVE PROJECTS

Introduction

Navigating the real estate market can be a daunting task, and choosing the right builder is crucial to ensuring that your investment is secure. In this blog post, we will delve into the record of Sri Kateeleshwari Innovative Projects, a builder based in Karnataka, to help potential buyers make informed decisions.

Builder Overview

Sri Kateeleshwari Innovative Projects has a relatively modest track record with only one complaint lodged against them. However, what stands out is that they have lost this case without any victories recorded, indicating potential concerns regarding their business practices or legal compliance in the eyes of the Tribunal.

Legal Case Breakdown

Summary of the Legal Case

There is one notable legal case against Sri Kateeleshwari Innovative Projects:

• Complaint: The appellant claimed that the builder failed to execute and register a proper sale deed of conveyance for the premises.
• Response: The builder contended that the Adjudicating Officer lacked jurisdiction and believed the case should be redirected to RERA for fresh consideration.
• Verdict: The Tribunal ultimately set aside the order and sent the matter back to RERA for another review.

This case illustrates a conflict between procedural disagreements and compliance expectations, which can often arise in the real estate sector.

Analysis of Legal Patterns

Patterns in Lost Cases

• Lack of Documentation: The lost case revolves around the failure to properly execute and register a sale deed, suggesting a recurring issue related to documentation and legal formalities.
• Response Strategies: The builder's defense indicates a potential strategy of deflection, where they question the authority of the adjudicating body rather than addressing the substantive claims at hand.

This suggests that buyers should be diligent regarding documentation when navigating transactions with this builder.

Patterns in Won Cases

• No Winning Cases: As noted, Sri Kateeleshwari Innovative Projects has no cases that they have won. This absence of wins raises questions about their overall customer satisfaction and ability to effectively resolve disputes when they arise.

Conclusion

In summary, while Sri Kateeleshwari Innovative Projects operates in Karnataka and has a limited complaint history, the fact that they lost their only case is concerning. This suggests potential pitfalls for prospective buyers. Before proceeding with such a builder, it's essential to perform thorough due diligence.

Tips for Potential Buyers

1. Review Documentation: Ensure that all sale deeds and agreements are clearly outlined and executed. Pay particular attention to the legal documentation to avoid issues that have arisen in past cases.
2. Evaluate Company Reputation: Investigate the builder's track record by looking for reviews from previous clients, checking for any existing complaints, or consulting with legal experts within the industry.
3. Understand Legal Recourse: Familiarize yourself with consumer rights in real estate transactions and understand how to raise complaints if issues arise.

General Tips for Selecting a Builder

1. Do Your Research: Look into multiple builders, their prior projects, how they handled complaints, and whether they maintain good customer relationships.
2. Seek References: Ask for referrals from past clients to gauge their satisfaction and the handling of their projects.
3. Consult Legal Guidance: Before signing any contracts, consider engaging a real estate lawyer to review all documents and ensure your interests are protected.

By adhering to these guidelines and leveraging the insights shared in this overview of Sri Kateeleshwari Innovative Projects, potential buyers can position themselves to make more informed decisions in their property investments.