Tag: #Bombay High Court

Wadala Chawl residents ask BMC to forfeit redevelopment agreement with East & West Developers.

November 20, 2019

Residents of Azad Nagar chawls in Wadala, in violation of the Bombay High Court ruling in March 2019, wrote to Municipal Commissioner Praveen Pardeshi to terminate the development agreement with East & West Developers, a part of RNA Group, for failing to pay transit rent to 324 residents. On 1 September at the project location […]

Wadala Chawl residents ask BMC to forfeit redevelopment agreement with East & West Developers.more

A society which has taken on the redevelopment under RERA is not liable for free sale flats.

October 30, 2019

The High Court of Bombay said that a housing society that terminated their redevelopment agreement with a developer due to delay and then took over redevelopment through judicial decisions cannot be held liable, under RERA, as a ‘promoter’ for buyers that have reserved free sale flat. Justice S C Gupte nullified an order from the City Court […]

A society which has taken on the redevelopment under RERA is not liable for free sale flats.more

Maharashtra State directed MHADA to take over the 155-year-old Esplanade Mansion and restore it.

October 11, 2019

The state finally accepted the nine-year-old recommendation of the Heritage Conservation Committee to obtain the iconic building in Kala Ghoda and to ensure its restoration in an effort to preserve the Esplande Mansion, an architectural landmark that has been reportedly in decay. In an affidavit filed at the High Court of Bombay on Thursday, the Urban […]

Maharashtra State directed MHADA to take over the 155-year-old Esplanade Mansion and restore it.more

Bombay High Court prohibits Canara Bank from acquiring Worli Bungalow.

October 9, 2019

The Bombay High Court has restricted the Canara Bank from taking over the Bungalow in Worli area, Mumbai, from one of its borrowers and the Guarantor of a loan under the SARFAESI Act, 2002. The bungalow, which has been mortgaged to use a credit line, extends over almost one-third of an acre and is priced […]

Bombay High Court prohibits Canara Bank from acquiring Worli Bungalow.more

Around 40,000 crore loss noted, Bombay HC orders to file a case against MHADA.

September 23, 2019

By Abhay Shah, Realty Quarter On September 18, the Bombay High Court ordered the authorities to file a case against Maharashtra Housing and Area Development Authority (MHADA) officials for supposedly colluding with promoters and causing the government exchequer to lose Rs 40,000 crore. A division bench of Justices S C Dharmadhikari and S K Shinde was […]

Around 40,000 crore loss noted, Bombay HC orders to file a case against MHADA.more

Activists oppose the Maharashtra government’s decision to sell land meant for affordable housing.

August 31, 2019

By Abhay Shah, Realty Quarter The decision of the Maharashtra government to sell land intended for affordable housing by taking a premium did not go down well with customers. The government had issued a resolution on August 1 saying that under section 20(1) of the Urban Ceiling Act (ULCA), 1976, a builder can be granted […]

Activists oppose the Maharashtra government’s decision to sell land meant for affordable housing.more

Malad East Chawl redevelopment project stuck from past 27 years.

August 28, 2019

By Abhay Shah, Realty Quarter In one of the worst redevelopment cases, 10 families in a chawl in Malad East are still waiting to take possession of their tenements 27 years after the chawl is vacated for redevelopment. The families have now brought their petition to the City Civil Court in Dindoshi for the violation of the consent terms and conditions signed in July 2018 against the developer Damodar S Mudaliar of Web India Construction. They also lodged a complaint with the Economic Offences Wing, which asked the […]

Malad East Chawl redevelopment project stuck from past 27 years.more

Is it possible for parents to take back gifted property from their children?

August 17, 2019

By Abhay Shah, Realty Quarter The donor cannot revoke a gift of a property that is valid and accepted by a donee, other than in specific circumstances. We look at the feasible instances of a revocation. With many children choosing to leave India for work and the gradual disappearance of the common family system, it […]

Is it possible for parents to take back gifted property from their children?more

What is the maximum amount chargeable by a housing society for transfer charges, as per the law?

August 9, 2019

By Abhay Shah, Realty Quarter The Maharashtra Government lately increased the stamp duty by 1% including for the sale, donation and transfer, and further increases in stamp duty and registration charges are possible. However, a conflict which afflicts property owners and buyers is somewhat nearer to home – transfer fees for the sales and transfer of shares and rights to apartments in a building by a cooperative housing society. At the time of sale of the […]

What is the maximum amount chargeable by a housing society for transfer charges, as per the law?more

Bombay HC quashes CRZ clearance for Mumbai Coastal Road Project.

July 16, 2019

By Abhay Shah, Realty Quarter On 16 July 2019, the High Court of Bombay annulled the CRZ Clearance granted to the city civic body’s ambitious Rs 14000 cr Coastal Road project. The Court ruling states that a 29.2 km long project proposed to connect the Marine Drive area in the South of Mumbai to suburban Borivali in north Mumbai […]

Bombay HC quashes CRZ clearance for Mumbai Coastal Road Project.more