DREAM INFRA PROJECTS LIMITED

Introduction

Buying a property is a significant investment, and potential homebuyers need to be well-informed about the builders they consider. One such builder is Dream Infra Projects Limited, which operates primarily in Rajasthan. This blog post provides an in-depth analysis of the builder based on available complaint data and legal case outcomes.

Overview of Legal Cases Against Dream Infra Projects Limited

Dream Infra Projects Limited has faced a total of 2 complaints, resulting in 0 cases won and 2 cases lost. Both of these legal disputes involved similar claims from complainants, contributing to a troubling track record for the builder.

Details of Lost Cases

In both cases filed against Dream Infra Projects Limited, the complainants had booked flats but did not receive possession.

• Common Factors in Lost Cases:
  • Nature of the Complaint: The complainants sought refunds and compensation due to delays in possession of their properties.
  • Response from the Builder: The builder defended the delay by attributing it to the COVID-19 pandemic and cited that the completion certificate for the project was obtained on July 18, 2021.
  • Final Verdict: In both instances, the Real Estate Regulatory Authority (RERA) found the delays justifiable due to the pandemic circumstances, ultimately denying the complainants' requests for refunds but allowing some form of compensation for deficiency in service.

Details of Won Cases

Interestingly, the cases where the builder was found to have lost are characterized by their similar claims and outcomes, indicating consistency in the issues faced by customers:

• Common Factors in Won Cases:
  • Justification of Delays: In both cases, the justification for delays was agreed upon by the RERA as a consequence of the COVID-19 pandemic.
  • No Refunds Granted: Although the complainants sought refunds, the verdict consistently ruled in favor of the builder in terms of refund denials due to justified delays.
  • Compensation for Service Deficiency: However, the compensation for deficiency in service was a consistent liability for Dream Infra Projects Limited, indicating a recognized shortcoming in their obligations to the buyers.

Overall Assessment of Dream Infra Projects Limited

Based on the above analysis, it is clear that Dream Infra Projects Limited has faced significant challenges in meeting customer expectations regarding timely possession. While circumstances such as the COVID-19 pandemic played a role in the builder’s delays, the lack of successful resolutions for buyer complaints raises concerns about customer satisfaction and reliability.

Tips for Potential Buyers Considering Dream Infra Projects Limited

1. Research Thoroughly: Look into customer reviews and any common issues before proceeding.
2. Understand the Legal and Financial Framework: Ensure you are aware of the terms of your agreement, including timelines for possession and any clauses that may affect refunds.
3. Evaluate Compensation Clauses: Be mindful of how compensation is addressed in your agreements, especially regarding delays and deficiencies in service.

General Tips for Buyers When Selecting Any Builder

• Check Credibility and Background: Investigate the builder's past projects and feedback from previous buyers.
• Get Everything in Writing: Ensure that any commitments made by the builder are documented in your purchase agreement.
• Consult With Experts: Seek legal advice if unsure about the terms of your contract or the reputation of a builder.
• Visit Ongoing Projects: If possible, visit other projects completed by the builder to gauge quality and timeliness.

Conclusion

Investing in real estate is a substantial decision that requires careful consideration. While Dream Infra Projects Limited shows promise in terms of project variety in Rajasthan, potential buyers should act with caution, weighing the repeated issues of delays against their own needs and expectations. Educating oneself and conducting due diligence can vastly improve the purchasing experience and outcomes.

Analysis of the cases filed against Dream Infra Projects Limited, where the builder lost, reveals several key themes and patterns. The cases primarily revolve around delayed possession claims, with multiple complainants alleging that they did not receive possession of their booked flats on time. The builder consistently cited the COVID-19 pandemic as justification for these delays, claiming that it adversely affected their construction timelines.

The common reasons people brought cases to court in this instance were primarily centered around claims for refunds and compensation due to the delayed possession. The builder's defense often revolved around their assertion that the delays were beyond their control, attributing them to the complexities and disruptions caused by the pandemic. The RERA (Real Estate Regulatory Authority) found merit in this defense, determining that the delays were indeed justified by the extraordinary circumstances of the pandemic. However, while refunds were disallowed, the complainants were found to be entitled to compensation for the deficiency in service, indicating a acknowledgment of the builder's obligation to deliver properties on time.

The builder lost these cases primarily due to their failure to deliver possession of the properties as promised, which led to a deficiency in service. Even though their defense of COVID-19 related delays was accepted, it only mitigated the severity of the verdicts and did not negate the builders' accountability for timely delivery and quality of service.

In summary, the cases against Dream Infra Projects Limited highlight the challenges faced by builders during the COVID-19 pandemic, but also emphasize the importance of meeting contractual obligations and delivering promised timelines. Buyers should be aware of these litigations when contemplating a purchase from this builder, as they indicate potential risks regarding delivery schedules.