Browsing Tag
real estate developers
18 posts
Homebuyers Are Vulnerable, Developers Not on Equal Footing: Bombay High Court
In a powerful pro-homebuyer verdict, the Bombay High Court has held that allottees are “generally very vulnerable” and cannot be placed on equal footing with promoters, clearing the way for withdrawal of deposited refund amounts during developer appeals.
Bombay HC Clears Path for Companies to Join Housing Societies, Scraps Share Limit Barrier
In a pivotal December 24, 2025, ruling, the Bombay HC ruled that companies can join cooperative housing societies without old share limits, dismissing petitions from a Thane society against a firm owning five bungalows. This opens doors for developers while mandating compliance with residential rules.
Omaxe Completes Key Projects in Chandigarh & Prayagraj, Fully Repays SWAMIH Funding
Omaxe Group has completed major construction milestones in New Chandigarh and Prayagraj while fully repaying the SWAMIH Fund from internal cash flows. The achievement underscores the developer’s financial discipline, strong sales performance, and commitment to timely project execution.