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FORTUNE DEVELOPER

5.0/5 (1 case analyzed)
  • States Active In: Karnataka
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Year EstablishedNot Available
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Overall Case Outcomes

When it comes to selecting a builder for your dream home, it is essential to evaluate their track record and reputation. In this blog post, we will delve into the performance of Fortune Developer, a player in the Karnataka real estate market, and explore what potential buyers should consider before making a decision.

Overview of Fortune Developer

Fortune Developer has been active in the Karnataka region and has garnered a diverse portfolio of projects. The limited data available indicates that the builder has received one complaint from customers. This single complaint, however, contrasts with a complete success in their legal dealings, as they have won one case and lost none.

Legal Case Analysis

Cases against Fortune Developer

The builder faced one reported case, which ultimately resulted in a dismissal for non-prosecution. The details of this case indicate that the complainant claimed that the builder did not hand over possession or …

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Cases Won by Builder (When Defending)

Yearly Trend for these Cases

Common Topics
Delayed Possession Claims Project Refund Disputes "Non-prosecution due to Complainants Absence"

An analysis of the cases filed against the builder, which the builder won, revealed the following information.

The disputes primarily clustered around themes of delayed possession claims and project refund disputes. Specifically, the complainant in this case claimed that the builder failed to hand over possession of the project 'Dreamz' or provide a refund, which exemplifies the common grievances buyers often have in the realm of real estate transactions. However, a noteworthy observation is that this particular complaint was dismissed for non-prosecution, as the complainant failed to appear for hearings, shedding light on the procedural aspects of such disputes.

The primary reason for cases being initiated against the builder often revolves around contesting penalties or delays. Buyers, dissatisfied with perceived delays or lack of communication regarding possession, may feel compelled to seek legal remedies. Furthermore, disputes over refunds highlight the tension between buyer expectations and project timelines, which can often …

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