Landmark Verdict: Housing Societies Need Not Wait for Builder to Complete Entire Project to Claim Their Land, Rules Supreme Court

Flat owners in completed buildings win big — Supreme Court confirms housing societies need not wait for the builder to finish other wings to claim their land.

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.