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VAULT DEVELOPERS PRIVATE LIMITED

3.8/5 (1 case analyzed)
  • States Active In: Punjab
CINNot Available
Year EstablishedNot Available
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Overall Case Outcomes

Understanding Vault Developers Private Limited: A Detailed Review

In the world of real estate, choosing the right builder can be a daunting task. Today, we are diving deep into Vault Developers Private Limited, a builder with a presence predominantly in Punjab. With limited but telling engagement in legal disputes, it becomes essential to analyze their performance and reputation.

Builder Overview

Name: Vault Developers Private Limited
Number of Complaints: 1
Cases Won: 0
Cases Lost: 1
States with Projects: Punjab

Legal Case Details

Vault Developers Private Limited has been involved in a legal contention that provides significant insights into their operational qualities:
1. Summary of the Case:
- Appellant Claim: The complainant demanded a refund for three flats, citing issues such as incomplete construction, absence of a proper sewage system, and usage of substandard materials.
- Respondent Claim: On the other hand, Vault Developers contended that the project was completed, …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Incomplete Construction and Substandard Materials Delayed Possession Claims Lack of Proper Amenities

Analysis of the cases filed against Vault Developers Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around three critical issues: incomplete construction and substandard materials, delayed possession claims, and lack of proper amenities—particularly concerning sewage systems.

The first type of case involves claims made by complainants due to the incomplete construction of their flats. In these instances, buyers often cite the builder’s failure to provide finished units that meet acceptable standards, along with the use of subpar materials. This suggests a systemic issue within the builder's construction practices, which likely contributed to the legal disputes.

Delayed possession claims represent another significant theme. Buyers expect timely possession of their properties, and when developers fail to meet these expectations without valid reasons, it typically leads to litigation. The builder's defense often revolves around countering these claims by accusing buyers of delay, which indicates a …

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