VASATHI HOUSING PRIVATE LIMITED

Overview of Vasathi Housing Private Limited

Vasathi Housing Private Limited is a builder primarily operating in Karnataka. As with any builder, it is essential for potential buyers to assess their track record, legal dealings, and overall reputation before making a purchasing decision.

Legal Case Insights

In reviewing the legal history of Vasathi Housing, the builder has faced one documented legal complaint, resulting in a loss for the company. The details of the case are as follows:

1. Case Summary:
   • Appellant's Claim: The complainant sought compensation for delays in the possession of their flat.
   • Respondent's Claim: The builder agreed to a compensation rate of Rs. 6/- per square foot per month.
   • Final Verdict: The authority intervened and increased the compensation rate to Rs. 12/- per square foot per month.

This case highlights a significant issue regarding timely possession of properties, which has been a common concern among buyers.

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Analysis of the cases filed against Vasathi Housing Private Limited, where the builder lost, revealed several key themes and patterns. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Compensation Disputes.

The cases often revolved around the builder's failure to deliver possession of flats on time, leading to claims for delay compensation from the complainants. In one notable case, the complainant sought compensation for the delayed possession of a flat, and the builder agreed to pay at a rate of Rs. 6/- per square foot per month. However, the authority enhanced this rate to Rs. 12/- per square foot per month, indicating a significant shortfall in the builder's initial offer.

Common reasons for bringing cases to court included contesting the builder's compensation offers, which were often perceived as inadequate, and disputing project delays attributed to other parties. The builders’ litigation frequently stemmed …

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