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Overall Case Outcomes
Introduction
Viva Winner Venture Realtors LLP operates in the competitive landscape of real estate in Maharashtra. Like many builders, they have encountered legal challenges that potential buyers should be aware of. This blog post delves into the company's legal history, analyzing cases won and lost to provide valuable insights for prospective customers.
Overview of Legal Cases
As of now, Viva Winner Venture Realtors LLP has received a total of 8 complaints, with 2 cases won and 6 cases lost. This ratio raises some concerns for potential homebuyers who are considering investing in projects by this builder.
Analysis of Cases Lost
In the two instances where Viva Winner Venture Realtors LLP faced legal defeat, the underlying issues revolved around a request for increased interest on payments. The appellants sought rectification of an order that initially granted them interest at a rate of 10.40%. They requested that this be raised to 20%. …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against Viva Winner Venture Realtors LLP, where the builder lost, revealed several key themes and patterns. The cases can be broadly categorized into three topics: Failure to Comply with Agreement Terms, Execution Stay Applications, and Interest Calculation Delays.
The majority of the cases centered around the Failure to Comply with Agreement Terms. In these instances, the appellants claimed that the builder had not adhered to the agreed-upon terms, which reflects a significant concern in the real estate sector where contractual obligations are paramount. The builder's defense consistently revolved around their assertion of compliance, yet the application was dismissed twice, indicating underlying issues that may warrant deeper investigation.
Execution Stay Applications were another recurring theme. The applicants in several cases sought to withdraw their applications for staying the execution, which suggests that there may have been attempts to halt actions taken by …
Individual case details available for subscribers.
Cases Won by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
An analysis of the cases filed against the builder, Viva Winner Venture Realtors LLP, which the builder won, revealed the following information. The disputes primarily centered around issues related to interest rates on payments and procedural jurisdiction when seeking to rectify prior tribunal orders.
Specifically, appellants consistently sought adjustments to granted interest rates, requesting a higher rate of 20% instead of the 10.40% awarded. Simultaneously, there were recurring challenges to the tribunal's jurisdiction to address such applications, which fell under Section 39 of the RERA. The cases reflect a broader theme where buyers exhibited dissatisfaction with financial arrangements in their real estate transactions.
The reasons for these cases being brought to court often revolved around perceived fairness and expectations about payments that buyers believed were not met. In this case, the appellants contested the financial terms post-judgment, indicating a potential misunderstanding of legal processes as well as financial …
Individual case details available for subscribers.
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