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PoliticsHindustan Times

‘Greed to make more profits’: HC junks builder’s plea against conveyance granted to society

in5points
  1. The Bombay High Court rejected a builder's petition against conveyance of land to a housing society.

  2. The court stated that builders cannot claim additional FSI benefits from subsequent regulation changes.

  3. The ruling emphasized that profits from extra FSI belong to the society, not the developer.

  4. The decision upholds the rights of housing societies against builder exploitation.

Hindustan Times

Center-left

Mixed factuality

Who owns this?

Shobhana Bhartia

HT Media

Shobhana Bhartia (Birla family)

Wikipedia: Shobhana Bhartia
‘Greed to make more profits’: HC junks builder’s plea against conveyance granted to society · in5points