Majority Rules in Redevelopment: Mumbai Court Rejects Dissenting Members’ Challenge

In a strong endorsement of majority rule, the Maharashtra State Co-operative Appellate Court dismissed the appeal of two members opposing the redevelopment of Date Bunglow Society in Vile Parle, Mumbai.

MahaRERA Orders Kolte-Patil Developers to Pay Interest for Delayed Possession in Vile Parle Redevelopment Project

MahaRERA has partly allowed a complaint by Manohar Shetty and Lalita M. Shetty against Kolte-Patil Developers, ordering payment of interest at SBI’s highest MCLR + 2% for the delay in handing over possession of a flat in the Jai Vijay redevelopment project from October 2019 to March 2020. The ruling underscores that contractual possession dates bind promoters despite project extensions or external delays.