The Bombay High Court has upheld the unilateral conveyance of land in a Kharghar project
Real EstateConstructionMaharashtra Ownership Flats ActReal Estate Regulation And Development ActReal EstateMay 30, 2024
The verdict upholds the unilateral conveyance of land in a Kharghar project emphasizing the legal responsibilities of promoters and the rights of flat purchasers under MOFA and RERA
The dispute revolved around land conveyance in a Kharghar project with Balaji Corporation's delay in conveyance leading to conflict and prompting the Society to seek unilateral deemed conveyance
The verdict underscores the legal responsibilities of promoters to meet their conveyance obligations and the rights of flat purchasers under MOFA and RERA
The Court referenced ACME Enterprises vs Deputy Registrar Cooperative Societies and Mazda Construction Company & Others vs Sultanabad Darshan CHS Ltd & Others
The Competent Authority's role is to ensure that promoters meet their conveyance obligations and it can only convey what the promoter agreed to in the original agreement
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