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Bombay HC Cancels NOC of Parekh Constructions for Defaulting on Transit Rent Payment

The Bombay high court (HC) cancelled a no objection certificate (NOC) of Parekh Constructions LLP for defaulting on the payment of transit rent to residents of the demolished building, which the builder is redeveloping. The HC has also directed Maharashtra Housing and Area Development Authority (MHADA) to issue a formal letter for NOC cancellation without giving the developers any hearing opportunity.
India General Justice Gautams Patel Parekh Constructions Nishcon Realty Area Development Authority Nishcon Realty Pvt Ltd

Situation is dire, state may need to step in with drastic steps to curb errant defaulting builders: Bombay HC, ET RealEstate

“We will not sit by and allow residents of this city to be treated as a necessary evil, an irritant or a nuisance in developers’ pursuit of profits or their worship of Mammon,’’ said the HC bench of Justices Gautam Patel and Neela Gokhale in a case involving rights of tenants.
India General Justice Patel Gautam Patel Justice Gokhale Sushilag Parikh How Nishcon Realty

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