VISHWAKARMA REAL ESTATE AND CONSTRUCTIONS (I) PRIVATE LIMITED
- No of Complaints: 10
- States (Active in): Tamil Nadu
| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
Vishwakarma Real Estate and Constructions (I) Private Limited is a construction company operating primarily in Tamil Nadu. Despite facing a series of legal challenges that have resulted in complaints from customers, the builder has managed to maintain a clean slate in terms of outcomes, winning all the cases it faced.
Overview of Complaints and Legal Cases
With a total of 10 complaints recorded against it, Vishwakarma Real Estate and Constructions (I) has won all 10 legal cases it faced. Notably, the complaints typically stemmed from issues related to stalled construction projects.
The common thread in these cases involves appellant claims concerning halted construction projects. Complainants expressed a desire for intervention from relevant authorities to protect their interests, largely due to the perceived inactivity of the builder. In all cases, the builder countered that the project was exempted from registration under the Real Estate (Regulation and Development) Act (RERA). Moreover, they indicated that another builder, Oasis Grace Engineering Projects Pvt. Ltd., had assumed responsibility for the project and committed to completing it by April 30, 2020. Ultimately, the authority sided with the builder and the new contractor, instructing them to abide by the prescribed construction timeline.
Patterns and Common Factors
Cases Lost:
- All cases involved claims from complainants regarding stalled construction, signaling a consistent issue related to timelines and project management.
- The builder's defense typically relied on the assertion of an exemption from RERA stipulations, directing the responsibility to another contractor who assured completion.
- The outcomes in each case shared similar verdicts where the authority favored the builder’s claims about new contractors taking over the projects.
Cases Won:
- The builder has maintained a successful win rate (100%) on all cases, primarily due to their strategic reliance on project exemptions under RERA and the involvement of a third-party builder.
- The uniformity of the legal decisions indicates a strong defense from the builder's legal team, successfully persuading the authorities to validate their claims.
Overall Assessment
Despite the 10 complaints lodged against Vishwakarma Real Estate and Constructions (I) Private Limited, the builder’s ability to win all legal cases suggests a level of competence in navigating legal challenges. However, the frequency of stalled construction cases raises concerns about project management and timeliness, which potential buyers should carefully consider.
Tips for Potential Buyers
- Do Your Research: Investigate the builder's reputation and past projects thoroughly. Online reviews, testimonials, and forums can reveal crucial insights.
- Understand the Legal Landscape: Familiarize yourself with RERA and other regulations to ensure the builder meets all legal requirements for project registration.
- Seek Clarity on Timelines: Ensure that you obtain clear details regarding project timelines and completion guarantees to avoid future disputes.
- Get Everything in Writing: Document all agreements, assurances, and communications with the builder to safeguard your interests.
General Tips for Choosing a Builder
- Review Previous Projects: A builder’s past work can be indicative of future performance. Visit completed projects if possible.
- Check For Complaints: Examine any complaints filed against the builder, as well as how such issues were resolved.
- Assess Financial Stability: A financially sound builder is more likely to complete your project on time and to specifications.
- Consult with Experts: If unsure, engage legal or construction professionals to review contracts and terms before making commitments.
Conclusion
Selecting the right builder is critical to ensuring a smooth construction experience. While Vishwakarma Real Estate and Constructions (I) Private Limited has proven adept in legal situations, prospective buyers should remain vigilant about complaints related to project timelines and management to protect their interests.
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Here you’ll find cases where others sued the builder, but the builder won. We’ve included a summary and key insights from each case.
An analysis of the cases filed against the builder, Vishwakarma Real Estate and Constructions (I) Private Limited, which the builder won, revealed the following information. The key theme across these cases revolves around complaints primarily related to delayed possession of apartments, where complainants sought intervention from authorities to safeguard their interests, citing stalled construction as their main concern. The defense from the builder consistently highlighted that the project was exempted from registration under the Real Estate Regulation Authority (RERA) and that a new builder had taken over, promising completion by a specified date.
The recurring nature of these disputes underscores a significant concern among buyers regarding developers' performance. Many complaints were fundamentally about perceived delays, causing buyers to feel misled or anxious about their investments. However, the builders successfully defended their positions by demonstrating contractual and regulatory compliance, along with evidence that disputed the claims of the complainants.
In examining the outcomes of these cases, a few patterns emerge indicating common reasons for the builder's success. First, the opposing parties often failed to provide sufficient evidence or legal backing for their claims. Additionally, the builder's argument that the project was exempt from RERA registration, along with the involvement of a new builder who took over the project, played a crucial role in their favorable judgment. Furthermore, the authority directed the new builder to comply with project schedules, showcasing a clear outline of blame shifting from the original builder to the new entity, mitigating the original disputes.
This analysis offers notable insights into the builder's reputation in the real estate market. It appears that Vishwakarma Real Estate and Constructions (I) Private Limited possesses a strong strategic and legal framework to counter claims that may arise against them, positioning them well against unjust accusations. Buyers should be aware that while some claims may be legitimate, there can also be instances of exaggerated or unfounded complaints against builders.
To potential buyers, the key takeaway from this analysis is the importance of due diligence and informed decision-making. While the challenges in the real estate market are real, this examination shows that reputable builders, like Vishwakarma Real Estate and Constructions (I) Private Limited, maintain a strong defense against unfounded claims. Buyers are encouraged to seek reliable information and approach allegations against builders with a critical and analytical mindset before forming judgments.