BON MARQUE PRIVATE LIMITED

Introduction

When it comes to purchasing property, thorough research on the builders is crucial. One such builder, BON Marque Private Limited, operates primarily in West Bengal. In this blog post, we will delve into the complaints against this builder, analyze the outcomes of legal cases, and provide tips for potential buyers.

Overview of Legal Cases

BON Marque Private Limited has faced a total of two complaints, both of which culminated in the builder losing the cases. These cases reveal significant concerns regarding the builder's financial transactions and communication with their clients.

Cases Lost

1. Case Involving Payment Violation
   - Appellant Claim: The complainant accused BON Marque Private Limited of failing to make a payment as per the final order of the Authority dated August 1, 2023.
   - Respondent Claim: In response, the builder sought permission to process the payment in ten installments.
   - Final Verdict: The Authority ordered the builder to pay the amount in five equal monthly installments, starting from August 2024.
2. Case of Fraudulent Booking Money
   - Appellant Claim: In this case, the complainant alleged that the builder had taken booking money for a flat and, instead of fulfilling the agreement, provided it to a third party.
   - Respondent Claim: Notably, the builder did not submit a written response to this complaint.
   - Final Verdict: The West Bengal Real Estate Regulatory Authority mandated the builder to refund the principal amount of Rs. 5,00,000 along with interest, starting from the dates the payments were made.

Analysis of Lost Cases

From the cases lost, a few patterns emerge:

• Financial Mismanagement: The builder's inability to fulfill payment obligations as mandated by regulatory authorities suggests poor financial management.
• Failure to Respond: In one case, the complete lack of a written response indicates a potential lack of accountability or transparency on the builder's part.

Cases Won

Interestingly, despite the two lost cases, there are no recorded instances of won cases that pertain to favorable outcomes for the builder. This raises additional concerns about their overall reputation and trustworthiness in the market.

Conclusion

BON Marque Private Limited reflects a concerning picture based on the available data. With a history of lost legal disputes and a significant number of complaints, potential buyers might want to exercise caution.

Tips for Potential Buyers

1. Thorough Research: Investigate the builder's reputation through reviews and testimonials from previous customers.
2. Legal Scrutiny: Ensure that all agreements are clear and legally sound before making any payments.
3. Documentation: Keep a comprehensive record of all communications and transactions with the builder.
4. Seek Legal Advice: If you are unsure about any aspect of buying property, consult with a legal expert who specializes in real estate.

General Tips for Selecting Any Builder

• Look for builders with a strong track record of successful projects and satisfied customers.
• Verify the builder's registration with relevant regulatory authorities.
• Inspect previous projects to evaluate quality and workmanship.
• Be wary of builders with recurring complaints or legal issues.

In conclusion, while BON Marque Private Limited operates within the real estate sphere in West Bengal, potential buyers should approach with caution given the present circumstances surrounding the builder’s legal history.

Analysis of the cases filed against BON Marque Private Limited, where the builder lost, reveals significant insights into their legal disputes. The cases can be broadly categorized into two themes: payment delays and non-compliance, and fraudulent activities leading to refund disputes.

The first type of cases primarily involves the builder's failure to adhere to payment schedules set forth by regulatory authorities. In one instance, the builder was ordered to make payments in five consecutive monthly installments after failing to comply with a previous ruling. This highlights a pattern of non-compliance with financial obligations, which is a serious concern for potential buyers who may face delays in project completion or complications in receiving what they were promised.

The second theme revolves around fraudulent activities where buyers claimed to have been cheated by the builder. In one significant case, a buyer reported that after paying booking money for a flat, the builder provided the same flat to a third party. The lack of a written defense from the builder during the proceedings points to a troubling lack of accountability. Buyers who experience such fraud are often left in a lurch, facing financial losses as well as the stress of unresolved housing situations.

Common reasons for the builder’s litigation losses include insufficient adherence to regulatory payment schedules and an inability to fulfill contractual obligations without fraudulently double-allocating properties. The patterns emerging from these cases demonstrate a need for buyers to exercise caution when engaging with BON Marque Private Limited. It is crucial for potential buyers to conduct thorough background checks, seek legal advice, and consider the outcomes of previous legal disputes before making any financial commitments to this builder.