DREAMS POWER REAL ESTATE & MARKETING PRIVATE LIMITED

Introduction

In the world of real estate, choosing the right builder is paramount for ensuring a smooth property buying experience. Dreams Power Real Estate & Marketing Private Limited, operating primarily in Odisha, is a builder that prospective buyers might consider. This article delves into the builder's legal track record, specifically looking into complaints and outcomes of cases filed against them.

Legal Track Record

Dreams Power Real Estate & Marketing Private Limited has a modest number of recorded complaints, specifically one official complaint. Notably, the builder has not won any cases, while they have lost one case against them. This legal history may raise some concerns for potential buyers.

Case Analysis

• Complaints Overview: The single complaint filed against the builder indicated that the complainant fully paid the agreed-upon amount but faced issues with possession and the execution of the sale deed. The case was marked by the builder's absence during legal proceedings without submitting a written reply, which ultimately led to the authority's decision in favor of the complainant. The authority ordered the builder to execute and register the sale deed within a three-month timeframe.
• Patterns in Lost Cases: The case that Dreams Power lost reflects a trend where builders may falter when they fail to engage in legal proceedings or fail to deliver on their obligations, such as the execution of sale deeds and possession delivery. This indicates a potential lack of responsiveness or operational inefficiencies within the company.
• Patterns in Won Cases: It is important to note that the analysis reveals that the builder has not successfully defended any cases, suggesting a significant need for improvement in their customer relationship management and fulfillment of legal obligations.

Conclusion

Based on the information available, it appears that Dreams Power Real Estate & Marketing Private Limited has faced a challenging legal environment, with no successful defenses and a concerning legal outcome in their single complaint case. Potential buyers should be cautious and conduct thorough due diligence before engaging with this builder.

Tips for Potential Buyers

1. Research the Builder: Before making any commitments, research the builder's reputation. Look into their project delivery history, customer reviews, and any legal complaints they may have faced.
2. Documentation Check: Ensure that all agreements, sale deeds, and other documents are clear and legally validated before signing anything.
3. Consult a Legal Expert: It might be beneficial to consult with a legal expert or a real estate advisor who can provide insights and protections regarding your property transaction.

General Tips for Selecting Any Builder

• Evaluate Completed Projects: Visit previously completed projects to assess the quality and value offered by the builder.
• Verify Legal Standing: Investigate any legal claims or complaints against the builder to understand their operational ethos and reliability.
• Seek Recommendations: Word of mouth can be very telling; seek recommendations from family, friends, or colleagues who may have experience with the builder.

In summary, while Dreams Power Real Estate & Marketing Private Limited offers opportunities in Odisha, prospective buyers should approach with caution and armed with all necessary information.

Analysis of the cases filed against Dreams Power Real Estate & Marketing Private Limited, where the builder lost, revealed several key themes and patterns. The primary disputes can be categorized into two main topics: Delayed Possession Claims and Failure to Execute Sale Deed.

The cases often revolved around the builder's inability to deliver possession of properties on time, which led to claims from buyers who had paid the entire consideration amount. For instance, in one significant case, the complainant asserted that despite paying in full, the builder had not executed the sale deed and handed over possession of the plot. This delay highlights a troubling trend where buyers are left in limbo, unable to secure their investment.

The reason people commonly brought cases to court in these instances was primarily due to the builder’s failure to fulfill contractual obligations, particularly concerning timely possession and documentation. Buyers contested the builder's inaction, which reflects a pattern of frustration and dissatisfaction among customers waiting to finalize their property transactions.

As for why the builder lost these cases, the evidence points to a consistent failure on their part to meet legal and regulatory requirements. In many instances, the builder did not even appear in court or file a written defense, which resulted in default judgments against them. This suggests a systemic issue within the company's operations, possibly related to organizational failures or a lack of compliance protocols, leading to repeated legal setbacks.