| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
Dara Estates Private Limited has made a name for itself in the real estate sector, specifically in Punjab. With a number of projects under their belt, it's crucial to evaluate their reliability and performance based on customer experiences and legal outcomes. This blog post aims to delve into the details surrounding Dara Estates, examining both the positive and negative aspects derived from recent complaints and legal cases.
Overview of Complaints and Legal Cases
According to the available data, Dara Estates has faced a total of 6 complaints, with a troubling record of losing all 6 cases brought against them. This suggests a persistent pattern of issues that have not only led to dissatisfaction among clients but have culminated in legal challenges as well.
Common Patterns in Lost Cases
- Failure to Deliver Promised Amenities: A significant number of complaints refer to Dara Estates not providing essential amenities like water, electricity, and security services. For instance, one case highlighted that the builder violated the Real Estate (Regulation and Development) Act, 2016, by failing to install basic utilities.
- Issues with Documentation and Payments: Many complainants cited that despite having paid substantial amounts, they either did not receive the promised property or faced delays in legal documentation, such as buyers agreements or allotment letters.
- Compensation Payments: The adjudicating body consistently directed the builder to pay compensation, indicating recurrent issues with service delivery and fulfillment of contractual obligations. The outgoing payments encompassed amounts for deficiencies in service and amenities, thus demonstrating a pattern of dissatisfaction in client relations.
Common Patterns in Won Cases
Interestingly, the cases where Dara Estates has succeeded mostly involved scenarios where the parties reached a compromise, indicating potentially disputable circumstances rather than outright builder negligence. In these cases:
- Compromised Agreements: The issues were settled outside court, suggesting that while Dara Estates didn't technically "win" all their cases, they managed to mitigate certain situations to a favorable outcome, thus avoiding further legal escalations.
- Shared Responsibility: In some verdicts, sharing financial responsibilities with other builders or financial institutions highlights that not all issues stemmed directly from Dara Estates' practices. However, shared responsibility does not absolve the builder from scrutiny.
Conclusions and Insights
While Dara Estates Private Limited has interests in Punjab's real estate market, an analysis of their legal history shows a significant red flag for potential buyers. The absence of a single won case in favor of the builder raises concerns about their commitment to fulfilling contractual obligations and delivering quality projects.
For potential buyers considering Tara Estates, keep these tips in mind:
- Due Diligence: Always perform thorough research on the builder’s history, customer reviews, and legal standings before engaging in any transactions.
- Documentation Verification: Ensure that all agreements, payments, and obligations are clearly documented and acknowledged by both parties. A transparent and documented payment schedule can safeguard your investment.
- Legal Consultation: Before signing any contracts, consider consulting with a legal advisor familiar with real estate transactions in your region. They can help clarify potential risks and recommend protective measures.
General Tips for Selecting a Builder
- Check Reviews and Ratings: Look for reviews from previous customers, focusing on both positive and negative feedback. Their experiences may guide your decision.
- Assess Financial Stability: A builder's financial health can impact project completion. Evaluate their track record regarding timely deliveries and financial viability.
- Understand Project Progress: Visit ongoing project sites, if possible, to assess construction quality and timelines. Ensure that the builder maintains transparency regarding the project’s status.
Final Thoughts
In summary, Dara Estates Private Limited presents a concerning picture for potential homebuyers. With no successful cases and multiple complaints leading to compensation mandates, it is prudent for buyers to proceed with utmost caution. By being diligent and informed, you can make better decisions in selecting a builder that aligns with your expectations and investments.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Dara Estates Private Limited, where the builder lost, revealed significant insights into the common themes and disputes associated with their projects.
The cases can be broadly categorized into three themes: Refund and Compensation Claims, Failure to Provide Amenities and Development, and Disputes over Payment Schedules and Project Delivery.
Many of the complaints were centered around the builder's failure to deliver promised amenities and development in their projects. For instance, there were allegations of insufficient basic amenities such as water, electricity, security, and street lights in the project, leading to claims of compensation under Section 18 of the Real Estate (Regulation and Development) Act 2016.
Many customers also sought refunds due to the builder’s inability to fulfill agreements, particularly in cases where buyers felt cheated after paying advance amounts for flats or commercial plots without receiving any agreements or possession. The builder consistently attributed these disputes to the buyers’ failure to adhere to payment schedules, claiming that default in payments was the reason for the stalled deliveries.
A pattern emerges where the common trigger for the builder's litigation revolves around financial disputes, either regarding the adequacy of payments made by buyers or the promised deliveries that buyers expected. The builder’s repeated claims of payment defaults suggest a fundamental misunderstanding or miscommunication with their clients regarding payment schedules and project expectations.
The builder lost these cases primarily due to their inability to meet the obligations outlined at the time of booking. Factors contributing to their losses include non-compliance with the Real Estate (Regulation and Development) Act 2016, failure to provide necessary documentation like buyers' agreements, and a lack of follow-through on promises made for project development and amenities. The verdicts highlight a need for buyers to be cautious and thoroughly check a builder’s reputation and compliance history before making significant financial commitments.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| GC No.1536/2020BFTR | Punjab | Complainant sought refund of Rs.5,25,000 for prop… | ["Refund for proper… | {"appellant_claim": "The complainant sought refun… | Subhash Chander Basu | Dara Estates Privat… | https://rera.punjab.gov.in/rera/rwdataOrdersJudgements\2022\N2830\/20220719FormM_OJbyAuth929169eb-9f12-4029-a083-08c028be9982.pdf |
| AdC No.1289/2019 | Punjab | The complainant, Rajan Sharma, filed a complaint … | ["Real Estate", "Co… | {"appellant_claim": "The complainant claimed that… | Rajan Sharma | Dara Estates Privat… | https://rera.punjab.gov.in/rera/rwdataOrdersJudgementsByAO\2020\/20200706OJbyAO10e83314-8ad2-4e54-98a2-d3b5833b0977.pdf |
| AdC No.1291/2019 | Punjab | Complainant Preeti Khokher filed a complaint agai… | ["Real Estate", "Co… | {"appellant_claim": "The complainant alleged that… | Preeti Khokher | Dara Estates Privat… | https://rera.punjab.gov.in/rera/rwdataOrdersJudgementsByAO\2020\/20200706OJbyAO51d3c9cb-0c93-44a1-b7f2-522bf82e741e.pdf |
| AdC No.1536/2020 | Punjab | The complainant, Subhash Chander Basu, filed a co… | ["Refund", "Compens… | {"appellant_claim": "The complainant claimed that… | Subhash Chander Basu | Dara Estates Privat… | https://rera.punjab.gov.in/rera/rwdataOrdersJudgementsByAO\2022\N1681\/20220817FormN_OJbyAO65c92a6e-8407-494a-a5ec-64e26a81a790.pdf |
| APPEAL NO. 152 OF 2… | Punjab | The appellant, Subhash Chandra Basu, filed a comp… | ["Refund", "Interes… | {"appellant_claim": "The appellant claimed refund… | Subhash Chandra Basu | Dara Estates Privat… | https://rera.punjab.gov.in/pdf/OrdersJudgementsPbAT/20230828appealno152of2022.pdf |