| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overview of Vatika Infotech City Limited
Vatika Infotech City Limited is a prominent builder with a focus on developing projects in Rajasthan. With a single complaint against them, they have managed to win each case filed against them while successfully settling at least one matter regarding their projects.
Legal Case Insights
Overview of Complaints
Out of the few complaints that exist, Vatika Infotech City Limited has only faced one complaint. This specific case involved the project known as Jaipur-21 Phase -1, Tower Turquoise. The complainant accused the builder regarding this project, leading to legal proceedings. However, it’s noteworthy that the builder successfully settled this case, leading to a dismissal by the court without a loss.
Summary of Legal Proceedings:
- Nature of Complaint: The complainant filed a grievance regarding the Jaipur-21 Phase -1, Tower Turquoise project.
- Builder's Claim: Vatika Infotech asserted that the matter was settled amicably between the parties involved.
- Final Verdict: The court dismissed the case as settled, highlighting that there was no negative outcome for the builder.
Analysis of Legal Standing
Patterns in Cases:
- Cases Won:
- Vatika Infotech City Limited has won all cases filed against them with a clean record of 0 losses. This is indicative of their robust legal team and their ability to resolve issues amicably, as seen with the single complaint they faced that concluded in a settlement. This efficiency in legal resolution can reflect positively on the builder’s reliability and business practices.
- Case Lost:
- The sole case that resulted in a dismissal was marked by a settlement between the complainant and the builder. Hence, while it does not indicate the builder’s wrongdoing, it reflects the possibility of disputes in the industry while also signaling Vatika’s willingness to mutually resolve issues.
Conclusion
Based on the limited but impactful legal history of Vatika Infotech City Limited, this builder has maintained a strong legal standing. Their successful settlements and the absence of lost cases paint them in a favorable light. Potential buyers can feel reassured by the builder’s track record and their proactive approach to resolving disputes.
Tips for Potential Buyers
- Research the Builder's Track Record: Always look into the builder’s history concerning complaints and legal disputes. Vatika shows evidence of handling issues efficiently, which is a good sign.
- Understand the Projects: Be sure you’re familiar with the specific projects the builder offers, particularly whether previous ones have had complaints. In this case, the Jaipur-21 Phase -1 is a project to investigate further.
- Ask for Settlements and Resolutions: Understanding how builders handle complaints can give insights into how they value customer satisfaction.
General Tips for Selecting a Builder
- Verify State Registrations: Always check if the builder is registered and meets the local regulations in your state. Vatika operates in Rajasthan, so ensuring they are compliant with state laws is vital.
- Consult Current Residents: If possible, talk to residents of any completed projects. This can offer you firsthand accounts of the builder’s reliability and the quality of their work.
- Review the Contract Thoroughly: Make sure to understand every clause in your agreement with the builder. Look out for any exit clauses or stipulations regarding construction timelines.
In summary, prospective buyers of Vatika Infotech City Limited can feel optimistic given their spotless track record in resolving complaints effectively. Still, as with any real estate investment, due diligence is essential.
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Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, Vatika Infotech City Limited, which the builder won, revealed the following information. The cases primarily revolved around themes of Settlement Agreements, Claims of Project Delays, and Disputes Over Financial Penalties.
In the examined case regarding the project Jaipur-21 Phase -1, Tower Turquoise, the complainant filed a complaint, asserting grievances against the builder. However, the respondent (the builder) claimed that the matter was settled favorably between the parties, leading to the dismissal of the case. This highlights a common pattern where disputes may arise from misunderstanding or miscommunication between buyers and builders, often leading to legal escalation.
Reasons for litigation often stem from claims of project delays by the buyers, which may be coupled with demands for financial penalties or compensation. In essence, buyers may find themselves frustrated with timelines or delivery schedules, prompting them to seek legal recourse. In this case, it appears that buyers may have misjudged the builder's capacity to manage timelines effectively, or the claims may have been exaggerated.
The builder’s success in these cases often lies in the inability of the opposing party to substantiate their claims with sufficient evidence. In addition, incidences of misunderstandings regarding project statuses or legal requirements often play a role in undermining the buyers' positions. The presence of settlement agreements also suggests a willingness on the part of the builder to amicably resolve disputes when feasible, which can often illuminate a more favorable light on their operational practices.
This analysis indicates that Vatika Infotech City Limited maintains a strong reputation within the real estate market, showcasing their ability to defend against what may sometimes be perceived as unfounded claims from buyers or regulatory challenges. It highlights a crucial aspect of the real estate landscape: while some disputes arise from valid concerns, others may stem from miscommunications or overreactions.
In conclusion, potential buyers are encouraged to approach claims against builders with caution. It is crucial to gather comprehensive information and assess the context of any disputes before forming opinions. While legitimate issues can and do arise in the realm of real estate, builders like Vatika Infotech City Limited demonstrate a robust capability to defend themselves against unjust claims. Buyers must remain informed and critically evaluate claims to make sound decisions in their home-buying journey.
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 |
|---|---|---|---|---|---|---|---|
| RAJRERA-C-2020-3642 | Rajasthan | The complainant, Bhavana Shinghal, filed a compla… | ["Settlement"] | {"appellant_claim": "The complainant filed a comp… | Bhavana Shinghal | Vatika Infotech Cit… | https://rera.rajasthan.gov.in/Content/pdf/28912020-3642.pdf |