Hi Guys, After so much for research, I was able to figure it out the problem is because of Intel Video Driver. There is a beta Intel video driver package which supports Windows 8.1. Try to update that package and post your results. As i have already rolled back to windows 8. It will take atleast 4-6 hours for me to update the status. The link is below for Dell Inspiron 15R 5537 Model. [URL] and Install Intel HD Graphics 4400 Driver ver 10.18.10.3308. You have to follow the link as this driver is not yet uploaded in Dell Drivers & Downloads (refered in Dell Post)
Hi Guys, Good Morning, I updated my Dell Inspiron 15R 5537 Laptop from Windows 8 Pro to Windows 8.1 Pro by using Store Application. After Waiting for almost 6 hours, Update was done and after Windows setup, Display was black, Cursor was blinking.....I checked in Microsoft website and i found that not only me and many Dell customers are facing the same issue. i was luckily able to boot to safe mode and i uninstalled the both of my video drivers and i am back to my windows 8.1. After i update my video drivers as mentioned in the link below, still my screen blacks out. So i had no other option than resetting my pc to windows 8 pro. Video Driver Link : [URL] When i was checking for latest driver for Intel Graphics & AMD Radeon that supports windows 8.1, I am able to find a driver in dell website. [URL] why it's not yet updated in the corresponding product driver list.... Actually i think these are the fix. I am not sure.  If any one has updated and i need a dell support for this 
Black Screen after Windows 8.1 Update in Dell Inspiron 15R 5537