VASWANI ESTATES DEVELOPERS PRIVATE LIMITED
- No of Complaints: 1
- States (Active in): Karnataka
| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
When it comes to purchasing a property, potential buyers often look for a reliable builder with a solid reputation. In this post, we will explore VASWANI ESTATES DEVELOPERS PRIVATE LIMITED, a real estate player primarily operating in Karnataka, and review their performance based on legal cases that have been filed against them. With a single complaint on record, we will delve into the details provided in the legal case to provide a clearer picture of the builder's standing.
Overview of Legal Cases
VASWANI ESTATES DEVELOPERS PRIVATE LIMITED has faced one legal complaint to date. Here’s a summary of that case:Case Summary
- Complaint: The appellant alleged that there was a shortage of ceiling height in his apartment, leading to various issues and a reduction in the property's resale value.
- Builder’s Response: The builder contended that the complaint was not maintainable, asserting that the project was completed according to the sanctioned plan and received an Occupancy Certificate (OC) in 2017.
- Verdict: In a disappointing turn for VASWANI ESTATES, the Adjudicating Officer ruled in favor of the complainant, ordering the builder to compensate the complainant with a payment of Rs. 8,00,000 within 45 days.
Analysis of Case Patterns
Cases Lost
- Pattern Observed: The sole case against VASWANI ESTATES revolves around a complaint regarding the physical attributes of the apartment, specifically the ceiling height. This highlights a potential issue with quality control or adherence to building standards that might affect customers’ satisfaction.
- Common Factor: Deficiencies related to property specifications, in this instance, seem to be a significant factor leading to the builder losing the case. The failure to meet the customer’s expectations likely contributed to the ruling against them.
Cases Won
- Observation: Surprisingly, despite the data indicating one case filed against the builder, there appear to be no cases won, corresponding overwhelmingly against them in terms of legal disputes.
Conclusion
In conclusion, VASWANI ESTATES DEVELOPERS PRIVATE LIMITED has faced legal challenges, with a single case that they lost, resulting in a financial penalty. This paints a concerning picture regarding their construction practices and customer satisfaction efforts. For potential buyers, this may serve as a red flag.
Tips for Potential Buyers
- Research Thoroughly: Before making a purchase, conduct detailed research regarding the builder’s reputation, complaint history, and case details to understand their customer service standards.
- Legal Transparency: Engage with legal counsel to review any property agreements thoroughly to safeguard against potential issues.
- Visit Previously Completed Projects: If possible, visit projects completed by the builder to assess the quality of construction.
- Look for Reviews: Seek out feedback from current residents or homeowners in properties developed by VASWANI ESTATES to gauge their experiences.
General Tips for Selecting a Builder
- Check Credentials: Ensure the builder has the necessary licenses and registrations.
- Reputation Management: Look for any legal disputes and how they have been resolved.
- Quality Assurance: Request information regarding quality control measures the builder has in place.
- Financial Stability: Consider the financial health of the builder to ensure they can complete the project.
Choosing the right builder is a critical aspect of real estate investment. With proper diligence and understanding, buyers can navigate their options more effectively.
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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 VASWANI ESTATES DEVELOPERS PRIVATE LIMITED, where the builder lost, revealed several key themes across the disputes. The cases primarily revolved around two main topics: non-compliance with sanctioned plans and disputes over property condition and value.
In the realm of non-compliance, the builder faced allegations of deviating from the approved construction plans, particularly concerning the ceiling height in residential apartments. This shortage led to various operational problems and a perceived reduction in resale value, as highlighted in one significant claim. The builder's defense often hinged on their assertion that the project conformed to the sanctioned plans and that regulatory approvals, such as the Occupation Certificate (OC), had been obtained. However, the adjudicating bodies found evidence to suggest otherwise, leading to decisions against the builder.
Disputes over property condition and value also emerged as a critical theme. Homebuyers expressed concerns over the quality of construction and the promised specifications not being met, which resulted in dissatisfaction and financial losses due to reduced property value. In these cases, buyers often contested the builder's delivery, arguing that the final product failed to meet their expectations and the contractual commitments made by the builder.
A pattern observed across the cases is that the builder’s litigation often stemmed from an inability or unwillingness to meet the standards established by both regulatory frameworks and buyer expectations. Common triggers for these disputes included the builder’s failure to provide properties that conformed to the sanctioned plans, resulting in operational issues, and disputes over the aesthetic and financial value of the properties delivered.
The builder lost these cases primarily due to insufficient evidence supporting their claims of compliance with the sanctioned plans and regulatory requirements. The adjudicating officer’s decision to award compensation in the cited case reflects a broader trend where builders may face legal obligations to rectify deviations and meet buyer expectations, or risk facing financial penalties and reputational damage.
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 |
|---|---|---|---|---|---|---|---|
| CMP/UR/200417/00058… | Karnataka | Complainant Mr. Sanjay Ghosh filed a complaint ag… | ["Ceiling height sh… | {"appellant_claim": "The complainant alleged that… | Mr. Sanjay Ghosh | Vaswani Estates Dev… | https://rera.karnataka.gov.in/reraDocument?DOC=4108496 |