The Telangana High Court has dismissed a plea filed by real estate firm Jana Chaitanya Housing Pvt. Ltd, rejecting their request for sale deeds of disputed lands. The court ruled that the firm had failed to provide sufficient evidence to support their claim.
Real EstateTelangana High CourtLand DisputesJana Chaitanya Housing Pvt LtdLegal DocumentationReal Estate NewsApr 05, 2025
The main issue was the firm's plea for the sale deeds of disputed lands, which the Telangana High Court dismissed due to insufficient evidence.
Justice N.V. Shravan Kumar of the Telangana High Court delivered the verdict.
The ruling underscores the need for meticulous legal documentation and due diligence in real estate transactions, which may prompt other firms to review their projects and ensure all legal formalities are in order.
Legal experts advise real estate developers to prioritize legal documentation and due diligence to avoid severe consequences, as seen in this case.
The firm may need to revisit their strategy and consider alternative approaches, such as negotiating with other parties involved or seeking a settlement outside of the court.
Embassy Group, a leading real estate developer in India, has announced the appointment of Jitendra Virwani as the new Chairman and Aditya Virwani as the Chief Executive Officer (CEO). These strategic moves aim to further solidify the company's position in
Noida Authority has served notices to 13 real estate developers, including ATS, Supertech, and Logix, for dues worth over Rs 8,510 crore.
Cement prices experienced a significant decline of 7% during the April-January period of FY25, according to a recent industry report. This decrease is attributed to increased production from recently acquired capacities and improved operational efficiency
Hanto Workspaces, a leading provider of co-working spaces, is expanding its presence in major Indian cities with a 3 lakh sq ft lease, further solidifying its position in the country's booming flexible workspace sector.
Defence stocks are on a roll, with HAL leading the charge. But will the momentum last? Experts weigh in.
Rahul Talele, CEO of Kolte-Patil Developers, has resigned to pursue professional goals outside the organization, and Atul Bohra will take over as the new CEO.