| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When it comes to investing in real estate, potential buyers must carefully evaluate builders before making a decision. Vardhaman Realty, primarily operating in Gujarat, has garnered some attention due to its legal history. In this post, we will delve into the builder's complaint record and legal outcomes, aiming to provide a clear picture for prospective buyers.
Overview of Vardhaman Realty
Vardhaman Realty is a builder based in Gujarat. They have faced a total of 1 complaint, which they lost. No cases have been won by the builder, indicating a potentially concerning performance record in legal matters.
Legal Case Details
Examining the case file against Vardhaman Realty reveals the following:
- Appellant Claim: The Authority accused Vardhaman Realty of failing to submit required quarterly reports about their registered project on the Gujrera portal in a timely manner.
- Respondent Claim: Vardhaman Realty contended that they were unaware of the law and did …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vardhaman Realty that it lost reveals several key themes across the disputes raised by the other parties involved, particularly the Authority. The cases highlight key issues that can be grouped into three main topics: non-compliance with regulatory requirements, penalties for project delays, and disputes over project reporting.
The first theme, non-compliance with regulatory requirements, stands out in the case where Vardhaman Realty was fined for not submitting the prescribed details regarding their registered project in the form of quarterly reports on the portal of Gujrera in due time. This indicates a broader pattern of neglecting regulatory obligations which could stem from a lack of awareness or a misunderstanding of the RERA Act, as claimed by the builder. However, the imposition of a fine shows the legal expectation for compliance, highlighting the importance of adhering to established regulations in the real estate sector.
The reason …
Individual case details available for subscribers.
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