| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the realm of real estate development, the credibility of a builder is paramount for prospective homebuyers. A builder's track record, especially regarding legal disputes, can greatly impact a buyer's confidence in their investment. This blog delves into the performance of Vijay Shanti Builders Limited, a notable player in the Tamil Nadu housing market, particularly focusing on its legal confrontations.
Company Overview
Vijay Shanti Builders Limited operates primarily in Tamil Nadu and has recently been involved in legal battles affecting its reputation and operational stability. Despite a number of projects, the builder has come under scrutiny due to complaints lodged against it.
Legal Case Details
With a record of 2 complaints filed against the builder, it is notable that they have lost both cases. These cases revolved around similar themes, specifically related to the execution of sale deeds and the handover of possession for the flat No. J-108 in …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Vijay Shanti Builders Limited, where the builder lost, revealed several key themes and patterns. The cases primarily revolved around two main topics: delayed possession claims and the builder's failure to execute sale deeds.
The delayed possession claims stemmed from the builder's inability to hand over possession of flats within the promised timeline. In the case of flat No. J-108 in Casa Grand Asta project, the complainant sought direction for the execution of the sale deed and possession transfer, which the builder had failed to accomplish despite claiming to have obtained a completion certificate. This indicates a systemic issue where builders may prioritize certain flats or projects over others, leading to unequal treatment among buyers.
The builder's defense often revolved around their assertion of having completed various flats and obtaining necessary certificates. However, the underlying reason for the complaints was not only non-receipt of possession …
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