VALSHNOMATA GRIHA NIRMAN PRIVATE LIMITED

Introduction

Valshnomata Griha Nirman Private Limited is a builder operating mainly in Odisha. In the highly competitive real estate market, knowing a builder's track record can be crucial for prospective buyers. This blog post delves into the builder's legal history and offers insights for those considering a purchase from them.

Overview of Legal Cases

Valshnomata Griha Nirman Private Limited has faced a total of two legal cases:

• Cases Won: 0
• Cases Lost: 1
• Complaints Filed Against the Builder: 1

Case Summary

In the sole case where Valshnomata Griha Nirman Private Limited was held liable, the builder was penalized for violating section 3 of the Real Estate (Regulation & Development) Act, 2016. They were ordered to pay a fine of ₹8,00,000. This outcome signifies troubling potential governance issues within their operations.

Legal Case Patterns

Cases Lost

The one case that Valshnomata Griha Nirman Private Limited lost involved a significant penalty, implying that there may be serious flaws in compliance with regulatory practices. The absence of any cases won is a notable fact, suggesting that the builder may not only be facing operational difficulties but also potentially struggling to uphold the legal standards set for the industry.

Cases Won

Interestingly, the provided data indicates that the builder has not won any cases in their history. This pattern raises concerns regarding their ability to navigate legal challenges effectively, which can be essential for long-term sustainability in the real estate sector.

Conclusion

Given the provided data, Valshnomata Griha Nirman Private Limited presents a concerning profile for potential buyers. With one lost legal case and no victories, buyers should approach this builder with caution. It is essential for potential homeowners to consider these legal aspects when planning their investments.

Tips for Potential Buyers

1. Conduct Thorough Research: Before deciding on a builder, examine any available legal cases, customer reviews, and project completion rates.
2. Seek Legal Advice: Consulting with a real estate attorney before finalizing any agreement can help you understand the implications of the builder’s legal history.
3. Inspect the Project: If possible, visit current projects by Valshnomata Griha Nirman Private Limited to assess the quality of work and client satisfaction.

General Tips for Selecting Any Builder

• Check Credentials: Ensure the builder is registered with the necessary regulatory bodies. Look for any history of legal issues.
• Review Project History: Investigate past projects to evaluate the builder's track record for timely completion and quality.
• Understand the Agreement: Carefully read contracts and agreements, ensuring all promises are documented legally.
• Consult Previous Clients: Speaking to former clients can provide insight into the builder's reliability and customer service.

By following these tips and being informed about Valshnomata Griha Nirman Private Limited's history, buyers can make more educated decisions when investing in their future homes.

Analysis of the cases filed against Valshnomata Griha Nirman Private Limited, where the builder lost, reveals several key themes and key patterns underlying their disputes.

The cases against the builder primarily revolve around two critical themes: regulatory non-compliance and penalties for violations. The builder was held liable for violating Section 3 of the Real Estate (Regulation & Development) Act, 2016, which showcases a significant breach in legal obligations related to real estate practices. This violation not only necessitates a penalty but also highlights potential risks to buyers who could be affected by the builder's non-compliance.

Common reasons for litigation in these cases include contesting the penalties imposed for non-compliance and regulatory breaches. Buyers and regulatory authorities may dispute the builder’s actions, particularly if they feel that such violations could lead to delays in project completion or affect the integrity of the real estate project. In the summarized case, the builder faced a penalty of Rs. 8,00,000, indicating a serious concern about their adherence to standards that protect consumers in the real estate market.

The builder’s losses in these cases likely stem from several factors. Insufficient evidence to defend their actions, failure to comply with the Real Estate (Regulation & Development) Act, and potential misunderstandings of their obligations under the law are all common pitfalls. Moreover, if the builder failed to adhere to interim directions from authorities, this could further contribute to the legal outcomes unfavorable to them.

In conclusion, the analysis of Valshnomata Griha Nirman Private Limited's legal disputes serves as a cautionary tale for potential buyers. It emphasizes the importance of scrutinizing a builder's reputation, history of litigation, and compliance with regulatory frameworks before making any investment. Buyers should be aware of their rights and ensure that builders are held accountable for delivering projects that meet legal and ethical standards.