VIGNESHWARA DEVELOPWELL PRIVATE LIMITED
- No of Complaints: 2
- States (Active in): Haryana
| CIN | U45206DL2007PTC169161 |
|---|---|
| Year Established | 09 October 2007 |
| Address | D-16/C BHAGWANI HOUSE HAUZ KHAS , NEW DELHI, Delhi, India - 110016 |
| Company Status | Private |
Introduction
In the competitive world of real estate, potential buyers must scrutinize builders thoroughly before making significant investments. In this article, we turn our focus to Vigneshwara Developwell Private Limited, a builder operating primarily in Haryana. By examining the complaints and legal cases associated with this builder, we aim to provide insights and tips for prospective buyers.
Company Overview
Vigneshwara Developwell Private Limited has received 2 complaints recorded against it. Disturbingly, the builder has lost both legal cases brought against it, highlighting issues that prospective buyers should be aware of.
Legal Case Details
Summary of Cases
- Case 1: The complainant alleged that the builder failed to deliver possession of a commercial unit within the agreed timeframe of 60 months, demanding a refund of the amount deposited along with interest and compensation. The builder did not appear in court, leading to a verdict ordering a refund of Rs. 41,03,000, along with 9.30% interest and Rs. 10,000 as compensation.
- Case 2: Another complainant claimed failure to deliver an anchor unit despite full payment of Rs. 30 Lakhs. Similar to the first case, the builder did not respond or appear, resulting in an order for a refund with prescribed interest.
Patterns and Common Factors
Cases Lost
In the cases that Vigneshwara Developwell Private Limited has lost, common factors include:
- Non-Appearance: In both cases, the builder did not present a defense or engage with the proceedings, indicating a lack of responsibility and communication.
- Delivery Issues: Both complaints center around the theme of failure to deliver property as promised, which is a grave concern for potential buyers.
- Refund Orders: The outcomes of both cases involved the builder being ordered to make substantial refunds, reflecting serious mismanagement of contractual obligations.
Cases Won
Given the data, Vigneshwara Developwell has not won any cases. This lack of victories in court can raise red flags for potential buyers regarding the builder's operational reliability and ability to meet contractual obligations.
Conclusion: Assessment of Vigneshwara Developwell
Based on the legal history presented, it is apparent that Vigneshwara Developwell Private Limited has significant issues regarding compliance with contractual agreements and customer relations. With no successful legal defenses and two lost cases, the builder’s credibility is questionable.
Tips for Potential Buyers
- Conduct Thorough Research: Investigate the builder's track record. Look for online reviews, past projects, and legal histories.
- Request Documentation: Always obtain and scrutinize agreements, project plans, and timelines. Ensure the builder provides clarity on delivery and cancellation policies.
- Seek References: Ask for references from previous buyers to gauge their experiences with the builder.
- Legal Counsel: Consider consulting a legal expert when drafting agreements, especially if there are any concerns.
General Tips for Selecting Any Builder
- Reputation Check: Look for builders with a history of successful project completions and satisfied customers.
- Transparency: The builder should be open with their processes, timelines, and costs.
- Visit Previous Projects: Inspect completed works to assess quality and workmanship.
- Check Registrations: Ensure the builder is registered with appropriate governing authorities and is compliant with local regulations.
In conclusion, while Vigneshwara Developwell Private Limited does have projects in Haryana, the legal history indicates serious implications for potential buyers. We recommend proceeding with caution and thorough research before making purchasing decisions.
No builder reviews yet. Be the first to share your thoughts!
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 Developwell Private Limited, where the builder lost, reveals significant insights into the common disputes associated with their projects. The cases highlight two recurring themes: Delayed Possession Claims and Refund and Compensation Disputes.
The Delayed Possession Claims theme encompasses cases where the complainants alleged that the builder failed to deliver possession of both commercial and anchor units within the agreed-upon timeframes. For instance, in one case, the builder was supposed to deliver a commercial unit within 60 months, which was not met, prompting the complainant to seek a refund along with interest and compensation. In another case, the builder received full payment for an anchor unit yet did not deliver possession, leading to a similar refund request.
These cases demonstrate a pattern where the builder was consistently unable to meet project timelines, leading to legal disputes primarily triggered by the non-delivery of units as promised. The common reason for the builder’s loss in these cases was their failure to appear in court or file any defense, resulting in default judgments against them. This absence could imply a lack of substantial evidence to counter the claims made by the complainants or an inability to meet the legal standards required to validate their position.
The Refund and Compensation Disputes theme directly correlates with the delayed possession claims, as refunds and compensation were the primary remedies sought by the complainants in both types of cases. The verdicts in these cases reflect the legal expectation that builders must adhere to their commitments; when they do not, they can be held liable for refunds, interest on payments, and additional compensation to cover damages and litigation costs.
In summary, the cases against Vigneshwara Developwell highlight critical issues in project management and delivery, emphasizing the importance for builders to achieve timely completion and handover of units. Buyers should take note of these legal disputes, which indicate potential risks associated with investing in properties managed by this builder.
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 |
|---|---|---|---|---|---|---|---|
| 263/2018 | Haryana | Complainant Mr. Nihal Singh filed a complaint aga… | ["Non-delivery of p… | {"appellant_claim": "The complainant claimed that… | Mr. Nihal Singh | Vigneshwara Develop… | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/NTk4MQ== |
| 6690/2019 | Haryana | The complainant sought refund of Rs.41,03,000/- d… | ["Refund for delaye… | {"appellant_claim(in detail)": "The complainant c… | Tilak Raj | Vigneshwara Develop… | https://haryanarera.gov.in/assistancecontrol/viewOrderPdf/NjAyMjU= |