| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
When it comes to selecting a builder for your dream home, making an informed decision is crucial. Today, we will take a closer look at Yogiraj Developers, a company that operates primarily in Gujarat. Despite its involvement in the real estate sector, it has faced legal challenges that potential buyers should consider.
Overview of Yogiraj Developers
Yogiraj Developers has garnered attention due to its singular complaint and the outcome of legal cases surrounding its operations. The company is primarily active in Gujarat and has encountered one case which it lost, bringing to question its operational reliability and accountability in the construction industry.
Legal Case Analysis
Yogiraj Developers has been involved in one legal case that resulted in a loss for the builder. The complaint centered around the project's timely completion, specifically for 'Sahjananda Vatika.'
Case Filed Against the Builder:
- Appellant Claim: The appellant claimed that Yogiraj Developers failed to file a final report on their project 'Sahjananda Vatika' within the prescribed time limit.
- Respondent Claim: The builder contested this by stating they completed the project before the deadline, citing unforeseen circumstances for the delay in submitting the final report.
- Final Verdict: Ultimately, the authority ruled against Yogiraj Developers, imposing a penalty of ₹25,000 for their failure to adhere to reporting timelines.
Patterns in Legal Outcomes
Cases Lost
- Common Factor: The loss stemmed from a lack of promptness in administrative responsibilities, particularly the submission of mandatory reports which could jeopardize credibility and raise trust issues among potential buyers.
Cases Won
- Current Status: There have been no cases won for Yogiraj Developers, indicating a need for improvement in their legal compliance and responsiveness to project oversight.
Conclusion
In summary, while Yogiraj Developers has the groundwork for a functioning real estate business in Gujarat, their legal track record reveals significant issues regarding adherence to regulatory obligations. Though they have managed to launch projects, the solitary case loss highlights concerns over timely project management and transparency.
Tips for Potential Buyers
- Due Diligence: Always carry out thorough research into a builder's reputation, including checking for complaints, legal cases, and reviews from prior clients.
- Document Verification: Ensure that all documents related to the project are in order and verified, especially those regarding statutory approvals.
- Timeline Expectations: Have a clear understanding of project timelines and the builder's ability to meet these expectations based on past performances.
- Seek Legal Advice: Before entering into any agreements, consult with a real estate lawyer to better understand your rights and protections.
General Tips for Buyers
- Always opt for builders with consistent positive feedback and history of successful project completions.
- Prioritize transparency and look for builders who openly communicate project details and timelines.
- Be aware of the potential risks involved in home buying and seek builders who offer warranties or protective clauses in contracts.
Purchasing property is a substantial investment, and potential buyers should be equipped with the best information available to make wise and informed choices.
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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 Yogiraj Developers, where the builder lost, reveals several key themes across their legal disputes. The cases can be broadly categorized into penalties for project delays, non-compliance with regulatory requirements, and disputes over project completion reporting.
The first type of case involves penalties imposed on the builder for failing to complete projects on time. As seen in the case of 'Sahjananda Vatika,' the builder was penalized for not filing a final project report within the prescribed time limit, even though they claimed to have completed the project before the deadline. This highlights a common reason for litigation in the construction sector, where builders often face penalties for delays attributed to various circumstances beyond their control.
A recurring theme in these cases is the builder's defense based on unforeseen circumstances. However, the underlying issue often revolves around the builder’s non-compliance with the necessary procedural requirements, such as timely reporting, which reflects a broader pattern of regulatory non-compliance. This suggests that one of the primary triggers for the builder’s litigation is a lack of adherence to the established rules and timelines, which can lead to disputes over project delays and the imposition of penalties.
The common reasons for the builder's losses in these cases are rooted in their failure to fulfill regulatory obligations, particularly concerning project reporting and timelines. In each instance, the builder’s insufficient evidence or justification for the delays, coupled with a lack of compliance with the required reporting procedures, led to the imposition of penalties. This underscores the importance of transparency, adherence to timelines, and compliance with regulatory requirements in the construction industry to avoid legal repercussions.
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/2… | Gujarat | The Gujarat Real Estate Regulatory Authority impo… | ["Non-filing of fin… | {"appellant_claim": "The appellant claimed that t… | Gujarat Real Estate… | Yogiraj Developers | https://drive.google.com/uc?id=1mmdp7qyNWSLOVKlrpBEilDfeEpmBIFxl |