BM REALTY

Introduction to BM Realty

BM Realty, a builder operating primarily in Madhya Pradesh, presents an interesting case study for potential property buyers. With only one recorded complaint and a successful resolution, it stands as a relatively stable option in the real estate market. In this blog, we will delve into the details of legal cases involving BM Realty, analyze patterns from their past, and provide tips for potential buyers.

Legal Case Analysis

Overview of Legal Cases

BM Realty has faced one formal complaint, which resulted in the builder losing the case. Here are the details:

Case Summary

• Appellant's Claim: The applicant paid Rs. 4.04 lakh for a property and requested a refund, which was not returned by BM Realty.
• Respondent's Claim: The builder acknowledged the payment but argued that since no formal contract was executed, there was no obligation for compensation.
• Final Verdict: The authority ruled that due to the …

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An analysis of the cases filed against the builder, BM Realty, which the builder won, revealed the following information. The disputes varied but generally fell under three main themes: 'Lack of Contractual Agreement,' 'Claims for Compensation,' and 'Disputes Over Payment Refunds.' Each theme represents common issues faced by buyers and builders alike in the complex landscape of real estate transactions.

The cases primarily arose from buyers claiming that they were entitled to refunds or compensation for payments made on properties that were either not finalized through contracts or were inadequately represented in the agreement stage. A noted case included an applicant who sought the return of her deposit due to alleged inaction from BM Realty, only to find that there was no formal contract in place, which effectively nullified her claim.

From these summaries, a clear pattern emerges: many of the filed cases stem from misunderstandings or misinterpretations of …

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