| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the competitive world of real estate, it is crucial for buyers to conduct thorough research before committing to a builder. One such builder is Supreme Developers, which operates primarily in Gujarat. This article aims to provide an insightful overview of Supreme Developers based on the legal track record pertaining to their business practices, highlighting potential risks for future homeowners.
Overview of Supreme Developers
Supreme Developers has encountered limited legal scrutiny, with only one complaint filed against them. However, it is worth noting that they have lost this singular case, raising questions about their business practices. Here’s a closer look at the specifics of their legal involvement:
- Number of Complaints: 1
- Cases Won: 0
- Cases Lost: 1
- States with Projects: Gujarat
Legal Insights:
Case Details
The case against Supreme Developers involved accusations of failing to submit obligatory quarterly reports required by law. As a result, the Gujarat Real Estate Regulatory Authority penalized Supreme Developers with a fine of Rs. 25,000. This situation indicates a lack of compliance with regulatory standards, a significant concern for any potential buyers.
Patterns in Legal Cases
Cases Lost:- The solitary case that Supreme Developers lost was due to an infringement of regulatory requirements. This lapse in compliance suggests a pattern where failing to adhere to legal obligations can lead to negative outcomes for the builder.
- Interestingly, although Supreme Developers has not won any cases, they faced a penalty in the one case brought against them. This highlights a potential gap in their operational transparency or a failure to establish adequate communication and record-keeping practices.
Conclusion
Assessing a builder before purchasing property is paramount, and based on the available data, Supreme Developers presents a mixed bag. While there is only one recorded complaint, the loss of their sole case raises concerns about their commitment to regulatory compliance.
Tips for Potential Buyers Considering Supreme Developers
- Research Thoroughly: Investigate any available projects and customer reviews to gauge the builder's reputation.
- Request Documentation: Ask for documentation pertaining to their compliance with local real estate regulations and any projects' status.
- Seek Legal Advice: Consult a real estate attorney or advisor who can help you navigate potential risks if you decide to engage with Supreme Developers.
General Tips for Buyers When Selecting Any Builder
- Check Reviews and Track Records: Look for customer testimonials and previous projects to understand the builder's quality and reliability.
- Understand Building Compliance: Confirm that the builder adheres to local laws and regulations regarding real estate developments.
- Evaluate Financial Health: Assess the builder’s financial stability to ensure they can deliver on their project promises without delays or compromise in quality.
- Get Everything in Writing: All agreements, guarantees, and promises should be documented clearly to protect your interests fully.
In conclusion, while Supreme Developers may have potential, buyers should approach with caution given their current legal challenges and strive to be well-informed to make the best decision possible.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Supreme Developers, where the builder lost, reveals several key themes across the disputes. Notably, the cases highlight ongoing issues related to regulatory compliance and the builder's failure to communicate project updates as required by law.
The first theme, Regulatory Compliance Disputes, encompasses the builder's difficulties adhering to the legal framework surrounding real estate projects. In one significant case, Supreme Developers was penalized for failing to submit quarterly reports on their project, which is a mandatory requirement according to the Gujarat Real Estate Regulatory Authority. This highlights a pattern where the builder has faced challenges in meeting regulatory standards, leading to legal repercussions.
The second theme, Failure to Communicate Project Updates, is closely related to the first and showcases another dimension of the builder's non-compliance. The requirement for quarterly reports serves the purpose of keeping stakeholders informed about project progress. By neglecting this duty, Supreme Developers not only broke the law but also potentially undermined trust with its clients, who are entitled to transparency in their investments.
Common reasons for the litigation against Supreme Developers include contesting the penalties imposed for non-compliance and disputes over the builder's accountability in maintaining project reporting. The patterns emerging from these cases demonstrate a consistent trigger for litigation: the builder’s failure to fulfill regulatory obligations, particularly concerning project reporting and communication.
The conclusion drawn from the outcomes of these cases is that Supreme Developers has faced losses due to insufficient adherence to legal standards and a lack of proactive communication. The penalties imposed by the Gujarat Real Estate Regulatory Authority reflect the serious nature of these violations and the need for the builder to rectify its practices to avoid further legal disputes.
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 |
|---|---|---|---|---|---|---|---|
| GJ/CMP/NCQR/Surat/1… | Gujarat | The Gujarat Real Estate Regulatory Authority (Guj… | ["Non-submission of… | {"appellant_claim": "", "respondent_claim": "The … | Supreme Developers | https://drive.google.com/uc?id=10GIulVKqtd0DSx5nuNucYcTbU-n3bJhC |