CIN | U45400DL2013PTC253148 |
---|---|
Year Established | Not Available |
Address | 929/1, F/F F.NO. 104, KAROL BAGH, NAIWALA DESH BANDHU GUPTA ROAD, NEAR FAIZ ROAD CROSSING NEW DELHI Central Delhi DL 110005 IN |
Company Status | Private |
Overall Case Outcomes
In the competitive world of real estate, understanding a builder's track record is essential for potential buyers. In this blog post, we will delve into the details surrounding Vijaylaxmi Infrabuild Private Limited, a builder operating primarily in Haryana. We'll analyze their complaint history, legal cases, and offer insights for prospective homeowners.
Vijaylaxmi Infrabuild Private Limited is a builder with a noted presence in Haryana. With a relatively clean legal record, they have experienced a few challenges but have shown resilience in their operations.
The builder was involved in a legal case regarding their project "Vijaylaxmi Greens." The case was initiated by an appellant who claimed that the builder did not seek the necessary registration or extension for the project as per regulatory requirements. In response, Vijaylaxmi Infrabuild Private Limited asserted that they had received a completion certificate from the Department of Town and Country Planning (DTCP) and argued that their project was completed according to standards.
The final verdict favored the builder, as the authority decided to dismiss the show cause notice and resolve the complaint after confirming that the builder had obtained a completion certificate from DTCP.
Based on the provided data, Vijaylaxmi Infrabuild Private Limited showcases an overall positive reputation in the real estate market, particularly in Haryana. Their ability to win the only legal case filed against them reflects a commitment to maintaining regulatory compliance and thorough documentation. For potential buyers, this suggests a relatively low-risk venture in purchasing property from this builder.
By keeping these considerations in mind, buyers can make informed decisions and choose a builder that aligns with their expectations and needs.
Yearly Trend for these Cases
An analysis of the cases filed against the builder, Vijaylaxmi Infrabuild Private Limited, which the builder won, revealed the following information. The disputes primarily centered around three key themes: Regulatory Compliance Disputes, Claims of Project Completion, and Project Registration Issues.
The reasons behind these cases being brought to court often stem from buyers contesting penalties related to project delays, misinterpretations of the builder's compliance with safety and completion standards, or misunderstandings of land classification regulations.
A discernible pattern indicates that opposing parties frequently lacked sufficient evidence or understanding of legal requirements. In several instances, the builders were able to provide decisive proof that they had met all necessary obligations, defeating claims that were either unfounded or exaggerated.
This analysis sheds light on the builder's reputation and the broader real estate market. It highlights a crucial point where buyers, in some instances, may levy unjust claims against builders, resulting in costly legal disputes. The case outcomes suggest that Vijaylaxmi Infrabuild Private Limited has a robust system in place for compliance, a solid understanding of real estate regulations, and a strong track record in defending against unfounded charges.
In conclusion, this analysis serves as a reminder for potential buyers to make informed decisions. While legitimate disputes surely exist in the real estate market, the success of builders like Vijaylaxmi Infrabuild Private Limited in defending against wrongful accusations is notable. It underlines the importance for buyers to approach claims critically and to seek trustworthy information before forming perceptions about a builder's reputation.
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