CRITICAL INFORMATION FOR CUSTOMERS AFFECTED BY THE LIQUIDATION OF VARAICH HOMES PTY LTD ALSO KNOWN AS HARCON PROPERTY GROUP PTY LTD

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On 18 September 2024 Varaich Homes Pty Ltd was placed into liquidation.

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For any customers affected by Varaich Homes we encourage them to approach Kapadia and Gordon Lawyers. We are familiar with what Varaich homes has done in the past and we are well placed to advise and assist anyone affected by them.

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The purpose of this article is to help increase awareness among customers of builders and share what many unfortunate Varaich customers have gone through.  These problems are not unique only to Varaich Homes, there are many bad builders who choose the flout the rules and take advantage of homeowners in a vulnerable position. Many of these home owners are trying to build their dream home but instead get left in limbo for months paying a large mortgage for the building project as well as either renting or paying a second mortgage as well.

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Varaich Homes Pty Ltd have a track record and history of failing to appropriately take out or maintain insurance on behalf of building customers. For one of our client’s, he entered into a contract in of almost $1 million dollars, and persistently failed to obtain his Domestic Building Insurance ultimately leading to the termination of the contract. This was not only in breach of the terms of the contract, but also illegal. He has done this multiple times.

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Further Varaich has a history of approaching customers and effectively forcing them to pay him in advance prior to completion of their building stage. His story is often to the effect that he will not be able to progress the work until and unless he is paid for the stage in advance. This is again conduct which is not permitted by the building contract.  There are even occasions where he is yet to complete one stage, and commences the next stage. For example, multiple clients have stated that he has commenced roofing works and the lock-up stage prior to completion and approval of the frame stage. This is illegal as well.

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One of the most concerning aspects of this builder is that even after the customers have paid, the works do not progress and trades are not paid. This leads to instances where trades become furious with the builder and then in a desperate attempt to pressure Varaich to pay them, they contact home owners asking for help. When all else fails they resort to taking back their work, which in less elegant terms means that they break the work they have done on site. This includes everything from brick laying works, to taking away already installed doors and windows.

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The real question this all raises is whether Varaich Homes is genuinely insolvent, or whether he has pocketed the money and is just ‘crying poor’. This is a matter which will be left up to the liquidator to determine. Liquidators have wide ranging powers to investigate the builder’s financial affairs, and also set aside thew following types of transactions:

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• Unfair preference payments;

• Uncommercial transactions;

• Insolvent transactions;

• Unfair Loans;

• Unreasonable director related transactions; and

• Creditor defeating dispositions.
   

In recent times as well, Varaich Homes has also been doing work under the building license of Faridkot Pty Ltd. And so many customers who were dealing with Varaich Homes need to carefully check their contract to ensure that they liaise with the correct builder following the liquidation. We are aware of at least three instances where this has occurred, and there may be more. If a customer’s contract does state Faridkot Pty Ltd as the builder, they may have the right to continue to enforce the building contract against them to have their home finished. However, it is best to consult a lawyer to receive formal advice on this issue.

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It is always advisable to seek legal advice promptly and early to ensure the customer’s rights are safeguarded and protected. Generally speaking, the sooner, a person consults a lawyer, the better the outcome will be.

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This article is provided for the purposes of general information and is not legal advice. If you have a Domestic Building Dispute or an issue with a builder, please contact us directly for tailored specific legal advice.

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Varaich Homes: Your Dream Home Awaits

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Welcome to Varaich Homes, where quality craftsmanship meets modern living. We are dedicated to creating beautiful, thoughtfully designed homes that cater to the diverse needs of homeowners. Our commitment to excellence ensures that every Varaich home reflects luxury, comfort, and sustainability.

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Why Choose Varaich Homes?

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1. Exquisite Design

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At Varaich Homes Pty Ltd, every property is a masterpiece. From elegant interiors to state-of-the-art exteriors, we prioritize both aesthetics and functionality. Our homes are designed to provide a perfect blend of style, comfort, and modern convenience.

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2. Superior Construction

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We believe in building homes that last. Using high-quality materials and cutting-edge construction techniques, our homes are not only visually appealing but also structurally sound, ensuring durability and long-term value.

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3. Tailored for Modern Lifestyles

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Each Varaich Home is crafted with the modern homeowner in mind. Whether you're looking for open-plan living spaces, energy-efficient features, or smart home technology, our properties offer a range of features to enhance your lifestyle.

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4. Sustainability and Innovation

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We are committed to creating Eco-friendly homes that reduce your carbon footprint. By incorporating sustainable building practices, energy-efficient systems, and environmentally responsible materials, we ensure that your Varaich home is future-ready.

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Our Offerings

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1. Luxurious Apartments

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Spacious, stylish, and equipped with top-notch amenities, our apartments offer the perfect urban living experience for families and professionals alike.

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2. Elegant Villas

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Designed for those who seek exclusivity and privacy, our villas feature expansive layouts, private gardens, and personalized design options.

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3. Community Living

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We build communities, not just homes. Our residential projects are equipped with recreational spaces, parks, and social amenities to create a vibrant, connected neighborhood experience.

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Why Our Homeowners Love Varaich Homes

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1. Attention to Detail

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From the smallest fixtures to the grandest designs, every element of a Varaich home is carefully curated to offer the best living experience.

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2. Prime Locations

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Our properties are strategically located in premium neighborhoods, providing easy access to schools, shopping centers, hospitals, and transportation.

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3. Customer-Centric Approach

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We value our homeowners and provide end-to-end support, from choosing the right property to after-sales services. Our team is committed to making your home-buying journey seamless and enjoyable.

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Varaich Homes Reviews

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At Varaich Homes, customer satisfaction is at the core of everything we do. We take immense pride in delivering homes that not only meet but exceed the expectations of our homeowners. But don’t just take our word for it—hear what our customers have to say about their experiences Varaich Homes Review.

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What Our Homeowners Are Saying

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1. A Home That Reflects Quality

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From the moment we stepped into our Varaich home, we knew we made the right choice. The attention to detail, from the stunning interiors to the modern amenities, is truly exceptional. The craftsmanship is top-notch, and every feature feels thoughtfully designed to provide comfort and luxury.

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— Anjali S., Homeowner

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2. Stress-Free Home Buying Experience

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Buying a home can be overwhelming, but the team at Varaich Homes made the entire process seamless. Their customer service is excellent—always available to answer questions, guide us through the paperwork, and even help with post-purchase support. I would recommend Varaich Homes to anyone looking for a hassle-free home-buying experience.

— Rajiv P., First-Time Buyer

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3. Modern Living with a Personal Touch

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We were looking for a home that combined modern living with a personal, cosy feel, and Varaich Homes delivered exactly that. The open layouts, energy-efficient designs, and smart technology features make it a perfect fit for our lifestyle. We couldn't be happier!

— Sonia & Vikram T., Family Homeowners