| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Overall Case Outcomes
Overview of PMI Real Estate Management Company
PMI Real Estate Management Company, operating primarily in Gujarat, has garnered attention due to the legal challenges it faces. With two complaints filed against it and a track record of losing both cases, potential buyers may wish to consider the implications of purchasing from this builder.
Legal Case Breakdown
Cases Lost
The builder has lost two legal cases where the complainants accused PMI Real Estate Management Company of failing to deliver flats within the stipulated time. Both complainants sought a significant refund of Rs. 58 lakhs along with additional compensation for mental and financial distress.
Common Factors in Cases Lost:
- Failure to Deliver: Each case highlighted the builder's inability to provide the promised flat within the designated timeline, which is a critical expectation from any real estate transaction.
- Financial Compensation Demands: The complainants sought not just refunds but also compensation, indicating significant dissatisfaction …
Cases Lost by Builder (When Defending)
Yearly Trend for these Cases
Common Topics
Analysis of the cases filed against PMI Real Estate Management Company, where the builder lost, revealed several key themes and patterns. The cases primarily revolved around delayed possession claims, with multiple complainants alleging that the builder failed to deliver flats within the stipulated time. This theme was predominant in the summaries provided, indicating a serious concern regarding the builder's ability to meet project timelines.
The builder's defense often questioned the authenticity of the purchasers, claiming that the complainants were not bonafide buyers or were in connivance with other individuals. However, the outcomes did not favor PMI, as evidenced by the partial allowances of the complaints. The authority ordered substantial refunds along with compensation for mental torture and financial losses, signaling a recognition of the complainants’ distress and losses due to the delays.
A pattern emerges where common triggers for litigation include the builder's inability to fulfill their commitments on time, …
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