Posted on 04 September 2012.
Mumbai: The Bombay High Court has held that a housing society cannot be compelled to give the rights of redevelopment to a builder unless there was a concluded contract between them. Chief Justice Mohit Shah and Justice Nitin Jamdar, last week, dismissed an appeal filed by builder Gopi Gorwani against the trial court’s order of April 4 which refused him redevelopment rights of Jeevan Prabha Housing Society in suburban Bandra on the ground that there was no concluded contract between him and the society. The builder had argued that there was a subsisting and binding contract between him and the society as two resolutions had been passed in March and [...]
Full News here – India Properties – Real Estate India – Indian Property News Site » Mumbai