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VERA DEVELOPERS LIMITED

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

Introduction

When it comes to real estate, choosing the right builder is paramount for ensuring a smooth purchasing experience and ultimately, a home that meets your expectations. In this post, we will take a close look at Vera Developers Limited, a builder with operations in Punjab, examining their complaint history and legal outcomes to provide potential buyers with crucial insights.

Overview of Vera Developers Limited

Vera Developers Limited has recorded one formal complaint against them, which culminated in one legal case that they lost. This indicates that, while they are not inundated with complaints, the single case they faced was serious enough to reach a legal decision against them, leading to potential concerns about their reliability and practices.

Legal Case Details

Examining the details from the sole case filed against Vera Developers, we note the following points:

  • The complainant accused the builder of committing fraud by failing to deliver a …

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Cases Lost by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Price Disputes Fraud and Wrongdoing Allegations Failure to Execute Agreement Refund and Transaction Finalization

Analysis of the cases filed against Vera Developers Limited, where the builder lost, reveals several key themes and patterns. The primary disputes can be categorized into allegations of fraud and wrongdoing, price disputes, failure to execute agreements, and issues related to refunds and transaction finalization.

One of the most notable themes is the price dispute, where the builder and the complainant had differing opinions on the agreed price of a unit. In one case, the complainant alleged that the builder had committed fraud by not delivering the unit at the agreed price of Rs. 44.00 lakhs, while the builder claimed that the price was actually Rs. 50.00 lakhs. This highlights a significant communication gap or potential negligence in documentation.

Fraud and wrongdoing allegations also stand out, with complainants often accusing the builder of pressuring them into undesirable transactions or deceiving them with forged documents. The builder's defense frequently involves …

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