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PRABHUKRUPA REALTIES PRIVATE LIMITED

  • No of Complaints: 1
  • States (Active in): Odisha
CIN U70101OR2009PTC010611
Year Established 13-Feb-09
Address SHREEKRUSHNA NILAYA, JHUNJHUNWALA GARDEN ASHOK NAGAR BHUBANESWAR OR 751009 IN
Company Status Private

A Comprehensive Overview of Prabhukrupa Realties Private Limited: Reputation and Insights

When it comes to real estate investments, selecting the right builder is crucial for ensuring a smooth buying experience and safeguarding your investment. In this post, we delve into the profile of Prabhukrupa Realties Private Limited, examining their track record and the implications for potential buyers.

Builder Overview

  • Name: Prabhukrupa Realties Private Limited
  • Number of Complaints: 1
  • Cases Won: 1
  • Cases Lost: 0
  • States with Projects: Odisha

Legal Case Detail

Prabhukrupa Realties Private Limited has a minimal number of legal complaints against them, with only one recorded case.

Summary of Cases:
  1. Case Outcome: The appellant claimed that the company had not acquired the required R.C (Registered Certificate) from ORERA (Orrisa Real Estate Regulatory Authority). The builder countered this claim, asserting they had obtained the necessary R.C.
    • Final Verdict: The case was closed as the builder had indeed obtained the R.C from ORERA.

Case Analysis

Patterns in Lost Cases

  • Common Factor: Prabhukrupa Realties has not lost any cases; their singular experience concluded positively in favor of the builder. This may suggest that the builder has a proactive approach to compliance and legal requirements, particularly those stipulated by ORERA. A strong understanding of regulatory requirements can minimize legal disputes.

Patterns in Won Cases

  • Successful Defense: The case that was dropped indicates their preparedness and ability to present validated evidence of their compliance with local requirements, highlighting responsible practices in their operations. Winning all cases could signify the company's reliability and diligence in maintaining its legal standing.

Conclusion

Based on the available data, Prabhukrupa Realties Private Limited appears to maintain a favorable reputation with only one legal complaint, which was resolved in their favor. This indicates that they may be a viable option for potential buyers in Odisha, particularly given their compliance with regulatory frameworks.

Tips for Potential Buyers

  1. Research Thoroughly: Always explore the builder's history and reputation before making a purchase. Look for feedback from previous buyers and check for any legal disputes.
  2. Verify Credentials: Ensure that the builder has obtained all necessary regulatory approvals and licenses, such as the R.C from ORERA, to avoid future complications.
  3. Documentation Review: Closely examine the property's legal documents and ensure all agreements are transparent and clear.

General Tips for Selecting a Builder

  • Testimonials and Reviews: Seek out reviews and testimonials from past clients to gauge customer satisfaction.
  • Visit Completed Projects: If possible, visit previous projects completed by the builder to assess the quality of construction and amenities offered.
  • Engage Professionals: Consider hiring a real estate consultant or lawyer to assist in the transaction and ensure all contractual aspects are favorable.

In conclusion, while Prabhukrupa Realties Private Limited shows a solid performance in managing legal challenges, prospective buyers should always approach real estate investments with due diligence, ensuring they have all necessary information to make an informed decision.

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Regulatory Compliance Claims of Misrepresentation Disputes Over Documentation

An analysis of the cases filed against the builder, Prabhukrupa Realties Private Limited, which the builder won, revealed the following information. The disputes primarily revolved around themes of Regulatory Compliance, Claims of Misrepresentation, and Disputes Over Documentation. Each theme encapsulates different aspects of the conflicts faced by the builder.

For instance, in the category of Regulatory Compliance, we see complaints stemming from appellants questioning whether the builder had obtained necessary approvals and registrations. The Claims of Misrepresentation often involved allegations about the builder's failure to deliver required documentation or upholding transparent communication with homebuyers. Disputes Over Documentation included claims against the builder regarding their procedural adherence, primarily focusing on whether essential regulatory agreements were secured and accurately communicated.

These cases were brought to court for various reasons, such as contesting penalties related to perceived project delays, as well as accusations of failing to meet regulatory standards, such as not securing requisite approvals from the Orissa Real Estate Regulatory Authority (ORERA). Common patterns indicated that complaints often surfaced from buyers who felt aggrieved, either due to misunderstandings or miscommunication regarding regulatory requirements and project timelines.

Prabhukrupa Realties Private Limited successfully won these cases, highlighting key reasons for their defense. The opposition often lacked sufficient evidence, failed to meet legal standards, or may have misunderstood the nature of regulatory or administrative requirements concerning real estate dealings. Moreover, the builder was adept at clarifying any misinterpretations regarding land classification or documentation process, showcasing their competency in navigating complex regulatory frameworks.

This analysis underscores the builder's resilience and strengthens their reputation in a competitive market, showcasing their ability to defend against in some cases, unjust or exaggerated claims. It is important to note that while disputes in real estate can often be valid, there are instances where builders like Prabhukrupa Realties Private Limited find themselves in legal battles against false accusations.

In conclusion, potential buyers are urged to make informed decisions based on careful research and understanding of any claims against builders. The insights gleaned from this analysis serve to advise that while disputes can arise, builders can often successfully navigate challenges when claims lack merit. Buyers should approach such accusations with caution and prioritize obtaining reliable information to form well-founded opinions about a builder's reputation.

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
106/22 Odisha The case was dropped as the respondent/promoter h… ["ORERA registratio… {"appellant_claim": "The appellant claimed that t… ORERA Prabhukrupa Realtie… https://rera.odisha.gov.in/wp-content/uploads/2022/05/CC.-No.106.22.pdf

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