| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the ever-evolving landscape of real estate development, the reputation of builders holds significant sway over customer trust and investment decisions. Today, we delve into Surya Buildcon, a builder operating primarily in Chhattisgarh. With minimal complaints registered against them, a closer look reveals a complex legal scenario that potential buyers should be aware of.
Overview of Surya Buildcon
Surya Buildcon has managed to maintain a relatively low number of complaints, with only one recorded against them. However, the complexity of this case and its outcome provides crucial insights into the builder's operational practices and legal standing.
Legal Case Analysis
Case Summary
The solitary case against Surya Buildcon revolves around the registration of a project, where the appellant claimed that necessary documents were not submitted. In response, Surya Buildcon argued that they had indeed submitted the proper documentation; however, they attributed the issues to fraudulent activities by one of their partners, which ultimately hindered the renewal of the colonizer license. The final verdict saw the application for project registration rejected, accompanied by a penalty of Rs. 25,000, and the sale in the disputed illegal project was banned.
Patterns in Lost Cases
The data reveals a concerning trend regarding the single case lost by Surya Buildcon. It indicates possible organizational issues, particularly in compliance and document management. The involvement of a fraudulent partner raised questions about internal controls and due diligence within the firm, ultimately leading to legal penalties that could tarnish their reputation.
Patterns in Won Cases
Given the lack of won cases in the provided data, it is implied that Surya Buildcon has faced challenges in ensuring favorable legal outcomes. The absence of successful defenses against complaints may indicate weaknesses in managing legal documentation and securing project registrations—a critical aspect of operating as a reputable builder.
Conclusion
Overall, Surya Buildcon presents a complex case for potential buyers. While their complaint rate seems low, the outcome of their legal battle draws attention to significant lapses in document handling and compliance—areas that should raise red flags for prospective investors.
Tips for Potential Buyers
- Conduct Thorough Research: Before making any purchase, investigate the builder’s reputation in-depth. Look at customer reviews and any available legal history.
- Demand Transparency: Ensure that the builder provides all necessary project documentation upfront. Avoid any ambiguity around project licenses and registrations.
- Clarify Financial Terms: Make sure to understand all financial terms and conditions related to your purchase, including potential penalties.
General Tips for Selecting a Builder
- Check Complaints and Legal History: Look for a builder with a clean legal slate and minimal complaints. When issues arise, how they handle them is revealing.
- Review Completed Projects: Visit completed projects to gauge the quality of work. Speaking with current residents can provide insider knowledge about the builder’s reliability and quality.
- Evaluate Customer Service: Good customer service can often make the difference in resolving potential post-sale issues efficiently.
In conclusion, while Surya Buildcon operates with a relatively low complaint rate, potential buyers should proceed with caution, ensuring thorough due diligence to steer clear of future headaches.
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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 Surya Buildcon that it lost reveals several key themes across the disputes. The cases highlight ongoing issues in the builder's dealings, particularly concerning project registrations, compliance with municipal requirements, and the resultant penalties for irregularities.
One of the most notable themes is the builder's difficulty with project registrations. In one critical case, Surya Buildcon failed to secure the necessary registration for a project due to a dispute over documentation. The builder claimed that all required documents had been submitted, but an issue arising from fraud committed by a partner stalled the registration process. This case illustrates a broader pattern of challenges faced by the builder in adhering to regulatory requirements, which is a crucial step in the real estate development process.
The reasons for these legal disputes vary, but common triggers include the builder's failure to comply with municipal orders, disagreements over project delays, and issues related to land classification. The case mentioned above demonstrates how the builder’s understanding of their obligations and the implications of actions by their partners can lead to significant legal repercussions. The imposition of a penalty in this instance highlights the regulatory risks that builders face when they do not meet the required standards.
The conclusion of these cases typically centers around the builder's losses, which can be attributed to several factors. Insufficient evidence to support their claims, non-compliance with legal requirements, and a lack of clarity in their dealings seem to be recurring themes. The final verdicts indicate that Surya Buildcon has faced challenges in meeting the necessary regulations, which has resulted in legal costs, penalties, and potentially damaged reputation in the 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 |
|---|---|---|---|---|---|---|---|
| 253 | Chhattisgarh | The application for registration of the project w… | ["Project registrat… | {"appellant_claim": "The appellant claimed that t… | Chhattisgarh RERA | Surya Buildcon | https://rera.cgstate.gov.in/Content/ComplaintDocuments/Application_SM-PRO-2021-01512/FILE_FINAL_ORDER_e44d44c2-1a3d-4064-8e3a-966a20e1a204.pdf |