| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Introduction
In the dynamic real estate landscape, the reputation and reliability of builders can significantly impact the home-buying experience. VK Apartments Private Limited, operating in Tamil Nadu, presents a case study worth examining, particularly in light of its recent legal challenges. This blog post delves into the builder's performance in legal disputes, the lessons potential buyers can draw from these cases, and general tips for selecting any builder.
Legal Challenges Faced by VK Apartments
VK Apartments Private Limited has encountered a total of two legal disputes, both of which they lost. Both cases revolved around an interim order passed by the Tamil Nadu Real Estate Regulatory Authority (TNRERA) which the builder claimed was unjust. The specifics of the disputes are as follows:
- Case Summary (Both Instances):
- Appellants' Claims: The builder (appellant) argued that the interim order from TNRERA was unjust and sought its vacation, essentially asking the tribunal to …
Cases Lost by Builder (When Filing)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed by the builder VK Apartments Private Limited, which it lost, reveals significant insights into the builder's recurring disputes.
The predominant theme of these cases revolves around disputes over interim orders issued by the Tamil Nadu Real Estate Regulatory Authority (TNRERA). The builder consistently contested these interim orders, arguing they were unjust and sought to have them vacated. However, the response from the opposing party highlighted the necessity of these orders to safeguard the interests of the allottees.
One common type of case involved the builder's claims against the interim orders, which were deemed essential for the protection of consumers—specifically the allottees who had invested in the builder's projects. This indicates a recurring theme of regulatory compliance issues, illustrating a conflict between the builder’s objectives and the regulatory frameworks designed to protect consumers.
The primary reasons for VK Apartments Private Limited initiating legal …
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