Browsing Tag
FSI
11 posts
Developer’s Residual Rights in a Real Estate Project and How it Impacts Homebuyers
In a significant ruling, the Bombay High Court quashed a unilateral deemed conveyance order, emphasizing the need for independent architect verification in multi-building layouts. The December 23, 2025 judgment in Velantine Properties highlights the tension between developers’ residual rights to unused land and FSI, and homebuyers’ demand for timely property transfer under MOFA—illustrating why clear contracts and fair assessments are crucial for both sides.
Bombay High Court Clarifies ‘Built-Up Area Wall to Wall’ Equals Carpet Area in Real Estate Development Dispute
In a landmark ruling on November 25, 2025, the Bombay High Court clarified that the contractual term ‘built-up area wall to wall’ equates to carpet area, dismissing a developer’s challenge to an arbitral award in a Mumbai land development dispute. The decision highlights the need for precise language in real estate agreements to prevent ambiguities over usable space.
Can Homebuyers Stop a Builder from Loading Additional FSI After Decades of Handing Over Possession? Court Says No
The Bombay High Court’s November 7, 2025, ruling allows Jaydeep Developers to build Wing C5 in Mumbai’s Lok Everest project, rejecting homebuyers’ objections. Citing 1993 disclosures, the court upheld the developer’s right to additional FSI, emphasizing timely action under MOFA.