VERITAS BUILDTECH PRIVATE LIMITED

Introduction

In the competitive world of real estate, selecting the right builder is crucial for ensuring a satisfactory home-buying experience. This blog examines Veritas Buildtech Private Limited, a builder based in Rajasthan, to determine their track record based on legal complaints, case outcomes, and the overall consistency of their performance.

Overview of Veritas Buildtech Private Limited

Veritas Buildtech is a real estate firm that has faced considerable legal challenges, totaling 328 complaints with a stark contrast in their success rate, as they have won only 7 cases while losing a staggering 321 cases. This openly raises concerns about their operations and reliability as a builder.

Patterns in Legal Outcomes

Cases Lost

1. Common Claims: The predominant reason behind the complaints against Veritas involves claims related to maintenance charges. Most complainants argue that despite being allottees of flats in the Azuro project, they are denied services due …

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Analysis of the cases filed against the builder Veritas Buildtech Private Limited, which it lost, revealed significant insights into the builder's primary disputes. The cases can be grouped into several common themes, highlighting the recurring issues faced by the builder and its clients.

The predominant theme among the cases is related to Delayed Possession Claims. A substantial number of complaints were filed by buyers claiming refunds due to the delayed possession of flats. The builder consistently claimed that the project was completed in 2018 and that a completion certificate was obtained in May 2022, yet the Authority directed the builder to refund the amounts paid along with interest in virtually all cases. This highlights a serious concern regarding the builder's adherence to timelines and the fulfillment of promises made to buyers.

Refund and Interest Claims also emerged as a frequent theme. Buyers sought refunds not only for delayed possession …

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Analysis of the cases filed by the builder, Veritas Buildtech Private Limited, that it lost revealed several insights into their primary disputes and the patterns of litigation they experienced.

The majority of cases revolve around claims for maintenance charges against flat allottees in the Azuro project. A significant theme identified is the ongoing disputes regarding maintenance charges, where the builder frequently sought to collect these fees despite the project being declared incomplete. This pattern suggests a tendency on the part of the builder to pursue claims without sufficient consideration of the project's completion status and the allottees' rights to withhold payment due to unfinished work.

Another recurring theme emerges from complaints being dismissed as premature. This indicates that the builder often initiated legal actions without a fully substantiated basis or adequate project completion, leading to repeated losses in court. Such dismissals reflect either the builder's misunderstanding of the …

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An analysis of the cases filed by the builder, VERITAS BUILDTECH PRIVATE LIMITED, which it won, revealed the following information: The primary disputes revolve around maintenance charges owed by the respondents, specifically focusing on the premise that respondents claimed they were not liable to pay until the project was fully complete and all amenities were provided.

These disputes predominantly fall under the theme of 'Maintenance Charges Disputes,' where the builder sought to ensure that residents fulfilled their financial obligations despite claims regarding project completion. Additionally, the discussions surrounding project completion highlight the builder's consistent attempts to clarify the terms and responsibilities tied to occupancy versus the completion of the project.

VERITAS BUILDTECH PRIVATE LIMITED commonly brought these cases to court to contest non-payments of maintenance fees, which were integral for the upkeep of the residential projects. The recurring pattern in these disputes shows that respondents, despite living in the …

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An analysis of the cases filed against the builder, VERITAS BUILDTECH PRIVATE LIMITED, which the builder won, revealed the following information. The cases primarily revolved around claims for compensation by buyers, often stemming from various disputes—although in this particular summary, most cases highlighted a critical aspect: the opposing parties frequently failed to appear in court, leading to case dismissals.

In these instances, the themes identified suggest a trend where claims were made by applicants expecting recompense for unspecified reasons. However, the opposing party's failure to substantiate these claims or even appear in court hampered their case significantly. This scenario highlights a common pattern seen in the summaries, where buyers either misunderstand the obligations set forth by contractual agreements or where they may make exaggerated claims without the necessary evidence to back them up.

The successful defense from VERITAS BUILDTECH PRIVATE LIMITED in these cases can largely be …

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