| CIN | U70102HR2010PTC083912 |
|---|---|
| Year Established | Not Available |
| Address | OT-14, 3rd Floor, Next Door Parklands, Sector-76 , Faridabad, Haryana, India - 121004 |
| Company Status | Private |
Overall Case Outcomes
Introduction
In the complex world of real estate, choosing the right builder is an essential decision that can affect your entire home-buying experience. One such entity operating in the state of Haryana is Visual Builders Private Limited. In this blog post, we will delve into the facts surrounding Visual Builders, including their legal standing, case history, and what potential buyers should consider when dealing with this builder.
Legal Case Overview
Visual Builders Private Limited has faced a total of three complaints, all of which have resulted in unsatisfactory outcomes for them. These legal disputes generally revolved around two main themes: delay in possession of the flats and claims of non-compliance with payment schedules.
Cases Lost
Common Factors
- Delayed Possession: All cases lost by the builder were related to claims from complainants regarding not receiving possession of their flats within the agreed-upon time frame.
- Interest and Refunds: In one …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Visual Builders Private Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around three common topics: delayed possession claims, payment disputes, and refund entitlements.
Many of the claims made by the complainants were associated with delayed possession of their flats. In these cases, the complainants sought delay possession charges, asserting that the builder had failed to provide their promised properties within the agreed-upon time frame. The builder, on the other hand, consistently attributed these delays to payment defaults by the complainants, arguing that the possession clause in the agreement was valid and that timely payments were crucial for timely delivery. However, the authority did not accept the builder's defense and directed them to pay interest at the rate of 10.35% per annum for every month of delay, indicating a legal recognition that payment disputes do not invalidate the …
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