| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
In the realm of real estate, selecting the right builder is crucial for prospective homeowners. Venkateshwara Builders, based in Karnataka, has garnered attention due to its legal track record. This blog post aims to provide insights into the builder's performance in recent legal cases and offer essential tips for potential buyers.
Legal Overview
Venkateshwara Builders has one recorded complaint against them, which they lost. The case centered around the allegations that the builder failed to deliver promised amenities in a project, leading to financial loss and mental distress for the complainant. In the verdict, the authority ruled in favor of the complainant, awarding them compensation of Rs. 2,00,000 and mandating the builder to pay the amount within a stipulated timeframe of 60 days.
Additionally, the builder's defense claimed that the complainant was fully aware of the facts surrounding the sale and had agreed to the terms by purchasing an apartment with undivided interest in the land. Despite this argument, the outcome was unfavorable for Venkateshwara Builders.
Analysis of Legal Cases
Patterns in Cases Lost
The primary theme in the builder's lost case revolves around issues of unmet expectations related to project amenities. The builder’s failure to deliver according to their promise led to legal repercussions. This highlights a potential pattern of inadequate communication or fulfillment of commitments, which is vital for customer satisfaction.
Patterns in Cases Won
Interestingly, while Venkateshwara Builders has one complaint filed against them and lost the case, they seem to demonstrate a trend where claims of awareness from the buyer's perspective were part of their defense. This suggests that if there are more cases where the builder may have defended successfully, the crux would likely focus on the buyer's understanding and acceptance of the terms prior to purchase.
Conclusion
Based on the limited legal data available, Venkateshwara Builders may pose a risk to potential buyers due to their single lost case and the associated complications stemming from unmet commitments. The award of compensation to the complainant indicates that buyers should approach this builder with caution.
Tips for Potential Buyers
- Review Contracts Thoroughly: Ensure that all promised amenities and terms are clearly articulated in the sales contract.
- Research Past Projects: Investigate the outcomes of previous projects by Venkateshwara Builders to gauge their reliability.
- Seek Feedback from Existing Homeowners: Contact residents from past projects to understand their experiences and satisfaction levels.
- Document Everything: Keep records of all communications with the builder to protect yourself in case of disputes.
General Tips for Selecting Any Builder
- Check Legal History: Always verify the builder’s legal history to avoid potential pitfalls.
- Visit Current Projects: If possible, visit ongoing projects to observe the quality and amenities being provided.
- Understand Payment Terms: Clarify all payment schedules and ensure they are reasonable and transparent.
- Look for Certifications: Opt for builders who possess relevant certifications and adhere to industry standards.
By being diligent and informed, buyers can make wise choices in selecting a builder and safeguard their investment in their future home.
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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 Venkateshwara Builders, which it lost, reveals several key themes and patterns. The primary disputes can be categorized into two main topics: 'Amenities Not Provided' and 'Financial Loss and Mental Stress Claims'.
The cases often revolved around the builder's failure to deliver promised amenities, leading to claims of financial loss and mental stress from the complainants. This highlights a significant area of concern for potential buyers regarding the builder's reliability in fulfilling contractual obligations related to project amenities.
Common reasons for bringing cases to court included the builder's inability to meet the promised standards and provide requisite amenities, resulting in dissatisfaction among apartment buyers. The patterns emerging from these summaries indicate that buyers were primarily triggered to take legal action due to the non-fulfillment of expectations and the perceived neglect of their investment by the builder.
The builder lost these cases predominantly due to its inability to defend the claims adequately, often related to a lack of evidence supporting their position or a failure to address the grievances raised by the complainants. The authority's decision to award compensation, such as in the cited case where the builder was directed to pay Rs. 2,00,000, reflects a broader trend of legal recognition of buyers' rights and the necessity for builders to uphold their commitments.
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 |
|---|---|---|---|---|---|---|---|
| 00765/2023 | Karnataka | Complainant Jagan Babu Gundala filed a complaint … | ["Non-provision of … | {"appellant_claim": "The complainant claimed that… | Venkateshwara Build… | https://rera.karnataka.gov.in/reraDocument?DOC=3571718 |