CIN | Not Available |
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Year Established | Not Available |
Address | SHOP, B 166, PRAMUKH ARCADE NEAR RAJDHANI SOCIETY, VILLAGE : KUDASAN , GANDHINAGAR Gandhinagar GJ 382421 IN |
Company Status | Not Available |
Overall Case Outcomes
When it comes to investing in real estate, prospective buyers place significant importance on the reputation and reliability of builders. One such builder operating in Gujarat is VISION CREATIVE INFRASPACE LLP. In this article, we will analyze their track record, including any legal complaints and outcomes, to provide potential buyers with an informed perspective on this builder.
Yearly Trend for these Cases
Analysis of the cases filed against Vision Creative Infraspace LLP, where the builder lost, reveals several key themes across the disputes. The cases highlight ongoing issues in two primary areas: regulatory non-compliance and penalties incurred due to inadequate project advertisements.
In terms of regulatory non-compliance, the builder faced legal action primarily for violating Circular 18, which mandates the display of the RERA registration number and website address in a font size equal to or larger than the project address in advertisements. This highlights a pattern where builders may prioritize promotional aesthetics over regulatory requirements, leading to legal repercussions.
The penalties for project advertisements serve as a direct consequence of the builder’s failure to adhere to Circular 18. In one notable case, the authority imposed a penalty of Rs. 15,000 on the builder for non-compliance, indicating a serious concern for the adherence to legal standards in advertising projects.
Common reasons for the litigation in these cases include the builder's failure to comply with specific regulations and standards, particularly concerning the transparency required in project advertising. The builder's defense often revolved around assurances of future compliance, yet the consistent violations indicate a systemic issue rather than isolated incidents.
The conclusion drawn from these cases is that Vision Creative Infraspace LLP has faced challenges related to adhering to regulatory requirements in project advertising. The outcomes suggest that the builder’s losses stem from insufficient adherence to the law, leading to penalties that could have been avoided with proper compliance. Prospective buyers should take note of these legal issues, as they may indicate broader operational standards and practices of the builder.
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