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VIGNESHWARA DEVELOPERS PRIVATE LIMITED

  • No of Complaints: 2
  • States (Active in): Haryana
CIN U45201DL2005PTC142779
Year Established 21-Nov-05
Address D-16/C, BHAGWATI HOUSE, HAUZ KHAS, NEW DELHI New Delhi DL 110049 IN
Company Status Private

Introduction

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.

Overview of Legal Issues

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.

Case Analysis

  1. Complaints Faced: The cases highlight repeated grievances regarding the failure to deliver allotted units on time. Complainants expressed dissatisfaction because they were not provided with timely possession of their properties, which understandably leads to frustration and distrust.
  2. Builder’s Response: In both cases, the builder did not file a reply, despite representation through an advocate. The lack of a defense suggests a potential disengagement or difficulty in addressing client concerns effectively.
  3. Final Verdict: The outcomes of the cases mandated the builder to pay interest for every month of delay on the amounts paid by the complainants, establishing that the builder did not fulfill their contractual obligations.

Patterns and Trends in Legal Outcomes

Common Factors in Lost Cases

Both cases lost by the builder share several similarities:

  • Failure to Deliver: The primary complaint is centered around the failure to hand over the property within the stipulated time frame.
  • Lack of Defense: The absence of a formal response from the builder in legal proceedings raises red flags about their engagement with stakeholders and transparency.

Common Factors in Won Cases

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:

  • Authority Ruling: The ruling by the Authority upholds the rights of the complainants, suggesting that there is an oversight mechanism in place protecting buyers.

Conclusion: What This Means for Potential Buyers

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.

Tips for Potential Buyers Considering Vigneshwara Developers

  1. Investigate Further: Prior to purchasing, thorough research on the builder’s project timelines, past legal issues, and customer reviews is essential.
  2. Seek Guarantees: Ensure any purchasing agreement includes clauses that protect against delays in possession, such as penalty clauses for non-compliance.
  3. Consult Others: Engage with current or past clients to gather insights about their experiences, which can help frame a clearer picture of the builder’s reliability.

General Tips for Selecting Any Builder

  • Check Credentials: Verify the builder’s licenses and whether they have a good standing in the market.
  • Review Previous Projects: Look at the quality and timely completion of previous projects to assess the builder's reliability.
  • Read Reviews: Customer reviews can provide valuable insights into the builder's strengths and weaknesses.
  • Legal Counsel: Consider obtaining legal advice before finalizing any agreements to ensure that your rights are protected.

By approaching the real estate buying process with caution and due diligence, buyers can mitigate risks and make informed decisions.

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Delayed Possession Claims Penalties for Project Delays

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
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=

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