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VEDA REALTY

3.8/5 (1 case analyzed)
  • States Active In: Gujarat
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Overall Case Outcomes

Introduction

In the realm of real estate, the reliability and accountability of builders can significantly influence buyer trust and investment decisions. Today, we turn our focus to Veda Realty, a builder based in Gujarat, which presents a mixed record of legal encounters and customer satisfaction. In this blog, we will explore the builder's history, analyze complaint patterns, and offer essential advice for potential buyers considering a project with Veda Realty.

Overview of Veda Realty

Veda Realty has been implicated in a total of 1 complaint, with the builder losing that singular case. This notable outcome raises questions regarding their operational integrity and responsiveness to regulatory standards. In the context of legal scrutiny, Veda Realty's approach to adhering to consumer rights and regulatory compliance appears to be a focal point for potential buyers.

Legal Case Analysis

Lost Cases

Veda Realty has faced one legal case that resulted in a loss …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Non-compliance with RERA Regulations

Analysis of the cases filed against Veda Realty, where the builder lost, reveals several key points across the spectrum of disputes encountered by the builder. The primary theme observed in these cases revolves around the builder's non-compliance with the Real Estate Regulatory Authority (RERA) regulations.

Many of the cases highlighted the importance of transparency in advertising properties. For instance, the Gujrera authority fined the promoters for not displaying the RERA registration number and website address prominently in their advertisements. This indicates a pattern where cases were brought to court primarily due to the builder's failure to adhere to regulatory requirements, which raises questions about their commitment to transparency and compliance in their dealings.

The common trigger for litigation in these cases was the builder's insufficient adherence to the RERA guidelines, which resulted in legal penalties. The reasons for the builder's losses include the lack of prominent display of required registration …

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