| CIN | Not Available |
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| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Spotlight on Versatile Developers: A Builder with Promising Performance
In the realm of real estate, understanding a builder's track record is crucial for potential homeowners and investors. Today, we delve into Versatile Developers, a builder active in Maharashtra. With a commendable legal standing, this builder showcases a pragmatic approach to construction and customer relations.
Overview of Versatile Developers
Versatile Developers has a relatively unblemished record with only 1 complaint lodged against them. This is quite a positive indication in the competitive real estate landscape, where many builders tend to have multiple complaints. Importantly, the builder has won 1 case while maintaining a clean slate with 0 cases lost.
Legal Case Details
Cases Won
- Case Summary: Versatile Developers successfully appealed against an order dated 22nd July 2020, with the appeal filed in October 2020, albeit with a delay of 18 days that was condoned by the court. This highlights the builder's proactive stance in addressing legal challenges effectively.
Patterns in Legal Cases
- Cases Lost: With no cases lost, it is evident that Versatile Developers has managed to navigate its legal challenges effectively, reflecting strong compliance and practice in the construction sector. The absence of any patterns in cases lost reinforces confidence in their operational fidelity.
- Cases Won: The successful appeal indicates the builder's determination to uphold its interests and a level of legal acumen that could reassure potential buyers. The willingness to engage with the legal system suggests a commitment to resolving disputes favorably.
Overall Assessment of Versatile Developers
With only one complaint noted and a 100% success rate in their legal endeavors, Versatile Developers emerges as a promising option for potential buyers in Maharashtra. Their proactive approach to legal challenges can serve as a hallmark of their reliability and commitment to customer satisfaction.
Tips for Potential Buyers
- Research Thoroughly: While Versatile Developers has a positive standing, always conduct your own research. Look for reviews from previous buyers and check local forums for insights on their projects.
- Inspect Projects: Visit existing projects to gauge the quality of construction, design, and completion timelines. This direct observation can significantly influence your decision.
- Ask Questions: Engage in discussions with the developer's representatives. Address any concerns and clarify the policies regarding customer service and complaint resolution.
- Understand the Contract: Before making any commitments, ensure you have a clear understanding of the terms stated in the purchase agreement.
General Tips for Selecting Any Builder
- Check Legal Standing: Always verify a builder's legal track record, including complaints and case outcomes. A transparent record is crucial.
- Assess Financial Stability: Investigate the builder's financial health to ensure they have the resources to complete your project.
- Prioritize Reputation: Opt for builders who have been in the market for several years and possess a robust portfolio of completed projects.
- Beware of Deals Too Good to Be True: Exercise caution with overly aggressive pricing or promotional deals which might indicate underlying issues.
In conclusion, Versatile Developers stands out as a builder of promise. With their solid record and commitment to quality, potential buyers may find a reliable partner for their real estate aspirations in Maharashtra.
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Here you’ll find cases where the builder sued others and won. We’ve included a summary and key insights from each case.
An analysis of the cases filed by the builder, Versatile Developers, which it won, revealed the following information. The cases can be broadly grouped under a few key themes, primarily focusing on appeals related to delays and the builder's responses to claims made against their conduct and project delivery. The singular case examined reflects an important aspect of litigation where timely responses and procedural adherence play a critical role in a builder's favor.
The primary reason the builder filed this appeal was to contest a delay in filing, which demonstrates that they are proactive in protecting their interests and responding to potential claims against them. By appealing the order filed with a delay, the builder illustrates its commitment to engaging with the legal process, even when facing potential procedural setbacks. Such actions reveal a pattern where builders often must defend their right to contest penalties or claims against them, which could be seen as a protective measure against unwarranted accusations.
The victory in this case showcases that when builders like Versatile Developers face legal challenges, they can successfully defend themselves, particularly when cases against them lack sufficient evidence or exhibit delays that could void claims. This highlights the necessity for evidence-based claims, as non-compliance with filing deadlines can significantly undermine the position of the opposing party in court.
The analysis of these legal cases generally allows for a deeper understanding of the reputation of Versatile Developers within the broader real estate market. It underscores a reality that buyers sometimes make false or exaggerated claims against builders, which may lead to unnecessary legal disputes. However, the strong track record of Versatile Developers defending against unjust claims enhances its credibility in the market, suggesting that it operates with diligence and professionalism.
To potential buyers, this analysis serves as an important reminder of the need to make informed decisions when engaging with builders. While the real estate market can indeed have its share of legitimate disputes, the successful outcomes in litigation for builders like Versatile Developers remind buyers to approach claims cautiously. It's imperative to seek reliable information and understand the broader context of any disputes when forming opinions about a builder's reputation.
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 |
|---|---|---|---|---|---|---|---|
| AT006000000052713 | Maharashtra | Appeal against the order dated 22nd July, 2020 is… | ["Delay condonation… | {"appellant_claim": "Appeal against the order dat… | Versatile Developers | Mrs. Ankita Chhatri… | https://drive.google.com/uc?id=15-aeC3srfL4MAbdxxRUILeFFnm2FCyFE |