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ARIHANT VASTU NIRMAN PRIVATE LIMITED

  • No of Complaints: 13
  • States (Active in): Rajasthan
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Introduction

In the world of real estate, selecting a reliable builder can be daunting. Potential buyers rely heavily on trust and transparency, yet not all builders are created equal. One such builder, Arihant Vastu Nirman Private Limited, has come under scrutiny due to a troubling track record of legal challenges. As of now, this builder has faced a total of 13 complaints, none of which have been resolved in favor of the company. This blog post aims to analyze the situation regarding Arihant Vastu Nirman Private Limited, providing insights that could help potential buyers navigate their decisions.

Understanding the Builder's Legal Challenges

Cases Lost

Arihant Vastu Nirman Private Limited has lost a total of 13 cases related to the submission of Quarterly Progress Reports (QPRs). A common thread in these cases relates to the builder's non-compliance with regulatory requirements:

  • The majority of the complaints center on the builder's failure to timely submit QPRs despite multiple notices from the Authority.
  • Claims by the promoters indicate they either did not receive these notices or misunderstood their obligations, yet the outcomes consistently favored the Authority, imposing penalties on the builders for their non-compliance.
  • Notably, the Authority has allowed opportunities for the builder to rectify their failures by submitting pending QPRs without penalties, suggesting a fostered leniency that has not translated into improved compliance.

Cases Filed Against the Builder

In all cases, the authority ruled against Arihant Vastu Nirman Private Limited. They were held liable for penalties that underscore their inability to maintain transparent reporting and compliance mechanisms. This pattern reflects poorly on their operational efficiency and accountability.

Patterns in the Builder’s Performance

  • Non-compliance: A significant motif is the inability or failure to meet reporting requirements, which has led to the loss of all cases. Despite claims of misunderstandings regarding notifications, the repeated failure to act suggests a systemic issue.
  • Poor Response to Notices: As indicated in many judgments, the builder often stated they did not receive notifications or did not comprehend the requirements for submission, yet this has not absolved them of responsibility in the eyes of the authorities.

Conclusion

Based on the provided data, Arihant Vastu Nirman Private Limited's track record raises red flags for potential buyers. With zero victories in legal conflicts against the Authority and a clear pattern of non-compliance, buyers should approach any dealings with this builder with caution.

Tips for Potential Buyers

  1. Do Your Research: Investigate the builder's reputation by looking up past projects and any complaints or legal cases.
  2. Seek Transparency: Demand complete transparency regarding progress reports and adhere to timelines.
  3. Understand Your Rights: Familiarize yourself with your rights as a buyer and the legal responsibilities of builders in your region.

General Tips for Selecting Any Builder

  • Review Previous Work: Look for completed projects and gather feedback from past clients to ascertain quality and reliability.
  • Check Legal Standing: Consult local property registries or regulatory bodies to check if the builder has any pending legal issues.
  • Get Everything in Writing: Ensure all agreements are documented and clarify timelines, payment schedules, and other critical factors.

In conclusion, potential buyers should approach Arihant Vastu Nirman Private Limited with caution and due diligence. Awareness and informed decision-making are key in the journey toward home ownership.

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Failure to Submit Quarterly Progress Reports (QPRs) Non-Compliance with Regulatory Requirements Disputes over Notice Receipt and Understanding Penalties for Delayed Submissions

Analysis of the cases filed against Arihant Vastu Nirman Private Limited, where the builder lost, revealed several key themes across the various disputes. The primary issues revolve around the builder's failure to submit Quarterly Progress Reports (QPRs) on time, resulting in penalties imposed by the Authority.

The cases can be broadly categorized into four types:

  1. Failure to Submit QPRs: The majority of the cases centered around the builder's inability to furnish QPRs as required. The Authority consistently emphasized the importance of these reports for project oversight, and the builder's failure to comply led to legal consequences.
  2. Non-Compliance with Regulatory Requirements: Many of the verdicts highlighted the builder's non-compliance with the regulatory framework surrounding project management and reporting. This suggests a systemic issue within the company's operations, leading to repeated legal challenges.
  3. Disputes over Notice Receipt and Understanding: In several cases, the builder claimed that they did not receive notices or understand their obligations regarding QPR submissions. This reflects a communication gap between the Authority and the builder, which could stem from either inadequate notification practices or a lack of diligence on the part of the builder.
  4. Penalties for Delayed Submissions: The outcomes of these cases often included penalties for late submissions, demonstrating the Authority's commitment to enforcing timelines and compliance in the real estate sector.

Common reasons for litigation in these cases primarily revolved around contesting penalties for non-compliance and disputes over the builder's accountability for project delays. The builder frequently attributed their failures to circumstances beyond their control, such as lack of communication or understanding of requirements. However, the consistent pattern of verdicts suggests that the builder's operations may not have met the necessary standards for compliance and transparency.

The underlying reasons for the builder's losses in these cases include:

  • Insufficient evidence to support claims of compliance or timely submission of reports.
  • A fundamental lack of understanding of regulatory requirements, which led to repeated failures to meet obligations.
  • Inability to adhere to interim directions provided by the Authority, which could have mitigated penalties.

Overall, this analysis indicates a need for Arihant Vastu Nirman Private Limited to revamp its operational practices to ensure adherence to legal and regulatory standards, improve communication with regulatory bodies, and fulfill project reporting requirements in a timely manner.

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
F.3(3000)2022 Rajasthan The respondent, Arihant Vastu Nirman Pvt. Ltd, fa… ["Non-submission of… {"appellant_claim": "", "respondent_claim": "", "… Arihant Vastu Nirma… https://rera.rajasthan.gov.in/Content/pdf/3983F.3(3000).pdf

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