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Overall Case Outcomes
When selecting a builder for your dream home, it's critical to understand their track record and reputation. In this post, we take a deep dive into Vihav Skyvan, a builder operating primarily in Gujarat. With only one complaint against them, the analysis of their legal history can provide valuable insights for potential buyers.
Vihav Skyvan has a legal track record that includes dealing with one complaint, which they ultimately lost. This indicates that there may be concerns regarding an aspect of their business practices. An important facet here is the violation related to the Real Estate (Regulation and Development) Act, 2016.
In the case filed against Vihav Skyvan, the appellant claimed that:
In their defense, Vihav Skyvan claimed that they had included the RERA registration number and website in their prospectus but simply omitted the website from the advertisement in question.
Despite their defense, the authority ruled against Vihav Skyvan, resulting in a fine of Rs. 50,000.
Analyzing the sole case lost, we note the following common factors:
While Vihav Skyvan has not won any cases, it’s important to note that they have only faced one complaint thus far. However, their claim indicates a potential pattern of attempting to comply with regulatory requirements, though their execution fell short in this instance.
Overall, Vihav Skyvan's current standing reflects a delicate balance. With only one complaint resulting in a lost case, it suggests that while there is a willingness to engage with regulatory practices, there is room for improvement in adherence to all aspects of compliance. Potential buyers should approach with caution, given the builder's existing track record.
In conclusion, while Vihav Skyvan operates in the real estate market with a measured presence, potential buyers should conduct due diligence before entering into any agreements. Making informed decisions can lead to a successful and satisfying purchase experience.
Yearly Trend for these Cases
Analysis of the cases filed against the builder Vihav Skyvan, which it lost, revealed several key points across the spectrum of disputes encountered in real estate transactions. The cases highlight key themes surrounding regulatory compliance and the imposition of penalties for deviations from established norms.
The primary theme observed in the cases involves regulatory non-compliance, particularly in relation to the Real Estate (Regulation and Development) Act, 2016. In one notable case, the builder was fined for failing to display the RERA website in their advertisement, which is a mandatory requirement to ensure transparency and provide potential buyers with access to important information. This highlights a pattern where builders may prioritize promotional strategies over legal obligations, leading to legal repercussions.
Penalties for violations emerge as a natural consequence of non-compliance. Builders found in breach of regulatory requirements often face financial penalties, as seen in the case where Vihav Skyvan was fined Rs. 50,000. The imposition of such penalties serves to enforce compliance within the real estate sector and protect the interests of prospective buyers.
Common reasons for litigation in these cases include the builder’s failure to adhere to legal standards and the regulatory framework established by RERA. Builders may contest penalties, arguing for mitigating circumstances or claiming compliance based on alternative forms of disclosure, such as including information in prospectuses rather than advertisements. However, the underlying factor in the builder’s losses relates to insufficient adherence to the clear requirements outlined by RERA, leading to a consistent pattern of legal defeats.
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