| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
When it comes to selecting a builder for your next property investment, due diligence is essential. Today, we delve into Veda Infraspace, a builder operating in Gujarat, analyzing their legal history, complaints, and overall standing. This post aims to provide potential buyers with insights that can inform their purchasing decisions.
Overview of Veda Infraspace
Veda Infraspace has maintained a relatively clean record with only a single complaint lodged against them. Notably, they have successfully won one case, which reflects a favorable track record in legal disputes. With an unwavering commitment to meeting regulatory requirements, the builder has thus far avoided losing any significant cases, aside from the one that pertained to a minor procedural issue.
Legal Case Breakdown
Upon examining the case filed against Veda Infraspace, we see the complexity inherent in real estate transactions:
- Case Summary: The appellants accused Veda Infraspace of violating the Real Estate (Regulation …
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, Veda Infraspace, which the builder won, revealed a pattern of recurring themes and insights that are critical for potential buyers to consider.
- Delayed Project Completion: Many disputes seemed to revolve around claims of delayed project completions. In these instances, buyers or regulatory authorities accused the builder of not adhering to timelines, which raised concerns about the reliability and commitment of Veda Infraspace. However, the builder successfully defended itself by providing evidence of having requested extensions due to valid circumstances affecting project timelines. This indicates that delays were sometimes not entirely under the builder's control.
- Regulatory Compliance: Issues regarding compliance with real estate regulations, particularly sections of the RERA Act, also featured prominently. Appellants claimed that the builder had not complied with specific documentation requirements or failed to submit timely project reports. Yet, the builder countered by …
Individual case details available for subscribers.
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