| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Overview of Vera Developers Private Limited
Vera Developers Private Limited is a real estate builder operating primarily in Punjab, with a record of complaints that warrants scrutiny from potential buyers. This blog post delves into the builder's legal history, highlighting the outcomes of the cases they have faced and offering insights for prospective customers.
Legal Case Details
The builder has faced a total of 16 complaints, out of which they have won 6 cases and lost 10. Below is a detailed analysis of the legal outcomes.
Cases Lost by Vera Developers
- Common Themes in Lost Cases:
The 10 cases lost reveal several recurring issues that could indicate persistent challenges faced by the builder.
- Dismissing Pattern: A significant number of cases were dismissed due to non-appearance or were withdrawn by the complainants, implying potential miscommunication or unresolved issues between the builder and clients.
- Complicated Issues of Compensation: Several cases …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vera Developers Private Limited, where the builder lost, revealed several key themes across the various disputes. The cases can be broadly categorized into four topics: Settlement Disputes, Refund Claims Due to Price Increases, Failure to Comply with Authority Directions, and Miscellaneous Claims.
The majority of the cases fell under the category of Settlement Disputes. In these cases, the builder had agreed to a settlement with the complainants, indicating a willingness to resolve disputes amicably. However, the terms of the settlements were a common point of contention. Many complaints were dismissed as withdrawn after the parties entered into written settlement deeds, highlighting the importance of contractual agreements in real estate transactions.
Refund Claims Due to Price Increases was another significant theme, where complainants sought refunds due to substantial price hikes after booking flats. In one notable case, the authority directed …
Individual case details available for subscribers.
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, Vera Developers Private Limited, revealed the following information. The primary disputes can be broadly classified into several key themes: Refund Disputes, Allegations of Regulatory Violations, Case Withdrawals, and Claims of Misrepresentation. Each of these themes encapsulates the sorts of grievances that were brought before the court, with a consistent focus on financial reimbursements and claims about adherence to regulatory guidelines.
Within the Refund Disputes, we find buyers demanding the return of deposits for various projects, specifically citing issues such as misrepresentation of property details and a lack of evidence regarding project advancement. Such disputes clearly indicate a buyer concern over perceived unfair practices or miscommunication from the builder's side. Allegations of Regulatory Violations were particularly prevalent, as complainants criticized the builder for failing to comply with RERA guidelines, including misleading advertisements and charging excessive upfront payments.
In …
Individual case details available for subscribers.
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