TRISHANA REAL ESTATE PRIVATE LIMITED

Introduction

Trishana Real Estate Private Limited is a property builder operating in the state of Odisha. For potential homebuyers, understanding a builder's track record can be crucial when deciding where to invest. In this post, we delve into Trishana's legal history, complaints against them, and what that could mean for prospective customers.

Overview of Complaints and Legal Cases

As per the data available, Trishana Real Estate has a single complaint registered against them. Notably, they have lost one legal case, while they have not won any cases where they were directly challenged. This tracks a relatively concerning picture of their operational reliability.

Case Details

There was one specific case involving Trishana Real Estate where they faced legal repercussions:

• Penalty Imposed: The builder was directed to pay a penalty of Rs. 1,94,000/- for violating an order passed by the Odisha Real Estate Regulatory Authority (ORERA).

This sentence highlights a notable breach of regulatory compliance, which is a red flag for potential buyers who are considering engaging with this builder.

Analysis of Legal Patterns

Cases Lost

From the data, the solitary case that Trishana lost sheds light on a significant issue: lack of adherence to regulatory requirements. The legal penalty indicates possible mismanagement or non-compliance with established procedures that protect buyers and uphold fair practices in the real estate market.

Cases Won

Interestingly, there have been no cases won by Trishana Real Estate where claims were filed against them. The absence of successful litigation suggests that the builder may struggle with legal defenses when faced with complaints, indicating underlying management or operational issues.

Conclusion

In summary, Trishana Real Estate Private Limited has a concerning legal track record with one complaint registered and one legal case lost with penalties imposed. This could reflect potential risks for buyers considering investing in their projects.

Tips for Potential Buyers:

1. Do Your Research: Investigate any existing complaints or legal issues associated with the builder.
2. Assess Project Status: Check the current state of projects managed by Trishana. Are they completed on time and in accordance with initial agreements?
3. Inspect Legal Compliance: Ensure that the builder complies with all regulations set forth by ORERA or relevant authorities to safeguard your investments.
4. Ask for References: Speak to previous customers about their experiences with Trishana Real Estate to gauge overall satisfaction and reliability.

General Tips for Selecting Any Builder:

• Check for Accreditations: Look for builders who are accredited by reputable organizations.
• Review Past Projects: A portfolio of successful projects can indicate expertise and reliability.
• Understand the Contract: Thoroughly review any contract proposals and seek clarification on terms to avoid any hidden pitfalls.
• Get Everything in Writing: Ensure all agreements are documented, including timelines, pricing, and quality assurances.

By adhering to these guidelines, potential buyers can make a more informed decision, potentially steering clear of builders with questionable practices like Trishana Real Estate Private Limited.

Analysis of the cases filed against Trishana Real Estate Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around two main topics: non-compliance with municipal orders and penalties for project delays.

In terms of non-compliance, the builder faced legal action for violating orders passed by the Overseas Real Estate Regulatory Authority (ORERA). This suggests that Trishana Real Estate may not have adhered to the regulatory frameworks established to govern real estate projects, which led to legal repercussions.

The penalties for project delays indicate another common theme in the builder's litigation history. It is evident that Trishana Real Estate faced challenges in completing projects on time, which further aggravated its legal issues. People commonly brought cases to court in these instances likely due to frustration over delayed possession of their properties or disputes over who should bear the costs associated with these delays.

A pattern that emerges from the case summaries is that the builder’s litigation often stems from contesting penalties imposed for non-compliance or delays. Instead of accepting responsibility and rectifying issues, Trishana Real Estate opted to challenge these penalties, resulting in legal battles that ultimately ended in losses.

The common reasons for the builder's losses in these cases include non-compliance with legal or regulatory requirements, failure to follow interim directions, and possibly misunderstandings of project classification rules. The fact that the builder was directed to pay a significant penalty of Rs. 1,94,000/- in one case highlights the severity of the violations and the legal system's stance on non-compliance.

In conclusion, prospective buyers should approach Trishana Real Estate with caution given its history of legal issues, including penalties for delays and non-compliance with critical regulatory requirements.