| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the realm of real estate, the reputation of a builder can significantly impact the purchasing decision of potential buyers. Vesno Promoters & Developers, operating primarily in Madhya Pradesh, has come under scrutiny based on the limited information available regarding their legal track record. This blog aims to dissect the builder's complaints and legal outcomes to aid potential buyers in their decision-making process.
Legal Case Overview
Vesno Promoters & Developers has encountered a legal complaint, with 1 case recorded against them. Notably, they have not won any cases but lost one, which raises concerns about their operational conduct in the real estate market.
Case Details
In the one recorded case, the applicant sought a refund of Rs. 5,00,000, alongside interest and compensation, arguing for the non-delivery of possession of a shop. The builder contested this claim, stating that the applicant had not fulfilled their payment obligations, and that the …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vesno Promoters & Developers, where the builder lost, reveals several key themes and patterns. The disputes primarily center around two topics: delayed possession claims and disputes over payment and construction completion.
In the case of delayed possession claims, the applicant sought a refund of Rs. 5,00,000 with interest and compensation due to the builder's failure to deliver possession of a promised shop. This case highlights a common issue in real estate transactions, where buyers expect timely possession of their properties, and a delay can result in significant mental and financial distress.
The builder's defense in this case revolved around the claim that the applicant had not paid the full amount due and that the possession could not be granted due to incomplete construction. However, the Adjudicating Officer ruled in favor of the applicant, indicating that the builder's reasons for delaying possession were insufficient and …
Individual case details available for subscribers.
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