CIN | U45201DL2005PTC142779 |
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Year Established | 21-Nov-05 |
Address | D-16/C, BHAGWATI HOUSE, HAUZ KHAS, NEW DELHI New Delhi DL 110049 IN |
Company Status | Private |
Vigneshwara Developers Private Limited has emerged as a notable entity in the real estate market, especially in Haryana. For potential buyers, understanding the builder's background, especially regarding legal matters, can significantly impact purchasing decisions. This article dives into the performance of Vigneshwara Developers through the lens of complaints and legal cases.
Vigneshwara Developers Private Limited has faced two complaints, both of which resulted in the builder losing the cases. The common thread in these cases revolves around delays in handing over possession of allotted units. The complainants, in both instances, sought delay interest as stipulated under the relevant Act, highlighting a significant area of concern regarding the builder’s adherence to timelines.
Both cases lost by the builder share several similarities:
Despite the ineffective defenses in the lost cases, it is essential to note that the complaints were ultimately addressed by the legal authority; the recognition of the complainant's claims indicates that even in winning situations, serious action was mandated against the builder. Thus:
In summary, Vigneshwara Developers Private Limited has faced challenges that prospective buyers must consider carefully. The builder has a history of legal complaints primarily focused on the timely delivery of properties. Losing both cases could point to systemic issues that could potentially affect future transactions.
By approaching the real estate buying process with caution and due diligence, buyers can mitigate risks and make informed decisions.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Vigneshwara Developers Private Limited, where the builder lost, revealed significant insights into their legal disputes. The cases primarily revolve around two common themes: Delayed Possession Claims and Penalties for Project Delays.
The majority of the claims made by the complainants fall under the category of Delayed Possession Claims. In each case, the complainants asserted that the builder failed to hand over the possession of their allotted units within the agreed-upon timeframe. Instead of addressing these grievances, the builder consistently failed to file a reply to the complaints, despite being represented by an advocate and served with notices. This led to the Authority imposing penalties in the form of delay interest as per section 18 of the Act, which mandates interest payment for every month of delay on the amounts paid by the complainants.
A pattern emerges from these summaries: the builder's recurrent loss in legal proceedings stems primarily from their inability or unwillingness to fulfill their contractual obligations regarding timely possession delivery. Furthermore, their failure to respond adequately to legal complaints resulted in unchallenged claims, which inevitably led to legal repercussions, including financial penalties.
The common triggers for the builder's litigation in these cases are clear: the dissatisfaction of buyers regarding delays in unit delivery, and the builder's non-compliance with established regulations governing real estate transactions. The implications of these cases highlight the importance for potential buyers to conduct thorough research and assess a builder's credibility before making any financial commitments.
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 |
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843 of 2020 | Haryana | The complainants filed a complaint against M/s Vi… | ["Delayed Possessio… | {"appellant_claim": "The complainants claimed tha… | Smt. Anil Kumari | Vigneshwara Develop… | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/MjgzMDQ= |