| CIN | U19121DL1998PTC093311 |
|---|---|
| Year Established | Not Available |
| Address | Unit No. 302, third floor,D-mall, Plot No. A-1, Netaji Subhash Place Pitampura New Delhi North West DL 110034 IN |
| Company Status | Private |
Overall Case Outcomes
Introduction
Victory Infraedge Private Limited is a residential and commercial real estate developer operating primarily in Haryana. While the promise of purchasing a new property can be exciting, potential investors should be well-informed about the challenges that have emerged from the builder's past legal interactions. In this blog post, we will analyze the complaints against Victory Infraedge, the outcomes of legal cases, and what this means for prospective buyers.
Performance Overview
Victory Infraedge has faced a total of 6 complaints to date. Alarmingly, the company has not won any cases; rather, it has lost all 6 cases that came before them. This situation is indicative of a troubling trend that potential buyers should take note of before making any purchasing decisions.
Legal Case Insights
Cases Won
The data suggests that the builder has not won any cases in the traditional sense. However, in several complaints, the appeals were dismissed …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Victory Infraedge Private Limited, where the builder lost, reveals several key themes and patterns. The primary disputes revolve around refunds of earnest money, the applicability of the RERA Act, and the lack of communication or execution of Building Buying Agreements (BBA) between the parties involved.
The cases often involve the complainant paying earnest money for commercial units, followed by a lack of further interaction or a failure to execute a BBA. This led to multiple complaints filed with the authority, where the builder was ultimately directed to refund the earnest money paid, emphasizing the need for clear communication and contractual agreements in real estate transactions.
A common reason for the complaints was the builder's failure to adhere to the expectations set after receiving earnest money. Parties brought cases to court primarily due to the builder’s inability to deliver on promises or provide updates on …
Individual case details available for subscribers.
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