| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the competitive landscape of real estate, it's crucial for potential buyers to thoroughly understand the performance and reputation of builders before making a significant investment. This blog post sheds light on SUNRISE BUILDERS & DEVELOPERS, based in Telangana, analyzing their legal record and assessing what prospective buyers should consider.
Overview of SUNRISE BUILDERS & DEVELOPERS
SUNRISE BUILDERS & DEVELOPERS has a straightforward track record, with only one complaint lodged against them and all necessary legal proceedings leading to a victory in that case. Their foothold is primarily in the state of Telangana, which indicates a focused operational approach in a specific market.
Legal Case Insights
Cases Overview
The data reflects that SUNRISE BUILDERS & DEVELOPERS has one case filed against them. Here’s a summary:
- Case Summary: A complainant alleged that the builder was using low-quality materials and deviating from the originally sanctioned construction plan. They requested remedial measures and for the builder to register the flat fully in their name.
- Builder's Defense: The builder countered the allegations, claiming they maintained the standard quality throughout construction and followed the sanctioned plan. Additionally, they noted that the complainant had delayed payment for the remaining sale consideration.
- Final Verdict: The authority directed the complainant to pay the remaining amount of ₹45,83,750 within three months. If the payment was not made, the complainant would incur interest charges based on the prevailing MCLR plus an additional two percent.
Patterns and Common Factors
Cases Lost Analysis
The lone case lost by SUNRISE BUILDERS & DEVELOPERS carries several implications:
- Quality of Materials and Plan Deviations: The complaint raised concerns about construction quality and adherence to planned specifications. This suggests that potential discrepancies between buyers' expectations and the builder’s execution could arise, albeit such claims need to be substantiated.
- Payment Delays: The builder’s claim that the complainant delayed payment indicates that financial aspects are interlinked with buyer satisfaction and project progress. Delays in payments can lead to legal disagreements and exacerbate tensions between buyers and builders.
Cases Won Analysis
Given that SUNRISE BUILDERS & DEVELOPERS has won the case, it reflects some positive aspects:
- Compliance with Standards: The builder’s successful defense highlights their commitment to construction standards as per their claims. It suggests a willingness to operate within legal and procedural frameworks that protect both the builder and buyer.
Conclusion
Based on the provided data, SUNRISE BUILDERS & DEVELOPERS appears to maintain a reasonably positive standing in the real estate market. Their victory in the single legal case and the absence of further complaints could indicate reliability though prospective buyers should remain cautious about the issues raised in the lone complaint regarding construction quality and material standards.
Tips for Potential Buyers
- Due Diligence: Always research the builder's previous projects and quality of construction. Visit ongoing projects if possible to assess the quality firsthand.
- Ask Questions: Engage with the builder and ask specific questions about specifications, material use, and adherence to plans to ensure clarity.
- Review Contracts Carefully: Scrutinize all legal documents and payment schedules before signing anything. Understanding terms related to delays, deviations, and quality is key.
General Tips for Selecting Any Builder
- Check Reviews: Look for customer reviews and testimonials regarding the builder's past projects.
- Confirm Licenses: Ensure the builder has all necessary licenses and is compliant with local regulations.
- Visit Finished Projects: Observing completed projects will give insight into the builder’s finish quality and adherence to promised designs.
Investing in real estate is significant; therefore, make informed choices by considering both builders like SUNRISE BUILDERS & DEVELOPERS and the broader context of the real estate market.
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Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, SUNRISE BUILDERS & DEVELOPERS, which the builder won, revealed the following information.
The disputes can be categorized into several common themes. The first theme concerns the 'Quality of Construction,' where complainants alleged that the builder used low-quality materials and deviated from sanctioned plans. The second theme is 'Payment Disputes,' with cases where builders asserted that buyers delayed payments for their properties. Lastly, the theme of 'Compliance with Plans' features prominently, where builders were accused of not adhering to agreed-upon project specifications.
These disputes arose for several reasons. Buyers often brought cases to court to contest penalties for delays, claims of project quality, or disagreements regarding construction adherence to approved plans. Notably, patterns emerged showing that many complaints stemmed from misunderstandings regarding construction schedules or project specifications, highlighting the complexities involved in real estate transactions.
The reasons SUNRISE BUILDERS & DEVELOPERS won these cases include the opposing parties' insufficient evidence to back their claims and failures to comply with legal or regulatory requirements. In many instances, the buyers or complainants did not follow interim directions leading to their claims being weak or unfounded. This ability to effectively defend against claims suggests that the builder's practices align with industry standards and expectations.
This analysis reflects well on the reputation of SUNRISE BUILDERS & DEVELOPERS within the broader real estate market. It emphasizes a crucial point that buyers occasionally make unjust accusations against builders, resulting in unnecessary legal disputes.
Thus, while there are valid claims and concerns among buyers, this examination reveals that builders can successfully defend against many allegations that are exaggerated or without adequate basis.
Potential buyers are advised to take the findings of this analysis to heart. It is essential to approach claims with a critical perspective and rely on substantial evidence before reaching conclusions about a builder's reputation.
While legitimate disputes exist in real estate, builders like SUNRISE BUILDERS & DEVELOPERS often prove their credibility, advocating for their interests in disputes and, in many cases, successfully countering unjust claims. Buyers are encouraged to conduct thorough research and seek reliable information before making decisions in the housing market.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| 575 of 2023 | Telangana | Complainant failed to make timely payments to the… | ["Timely Payments"] | {"appellant_claim": "Complainant alleged that the… | Sri K. Bikshapati | Sunrise Builders & … | https://drive.google.com/uc?id=1nssMVT6JdO36EgctQZUBPCqdFoatHYwF |