BOMBAY HIGH COURT: DEVELOPER CANNOT DELAY CONVEYANCE TO CHASE FUTURE FSI

Justice Sandeep Marne on 17 July dismissed a petition by Ariisto Realtors Pvt Ltd challenging a 2025 order granting unilateral deemed conveyance of land and building to Ariisto Cloud Cooperative Housing Society, Vile Parle. The court held that a promoter cannot indefinitely delay conveyance on the pretext of exploiting additional FSI arising from the new DCPR 2034 regime, and that once a society is formed, the promoter's obligation to execute conveyance within four months cannot be deferred by private contractual clauses. Any additional FSI arising after conveyance belongs to the society, not the developer. MAHARERA ORDERS KIWALE BUILDER TO EXECUTE CONVEYANCE WITHIN 60 DAYS Nirman Milestone in Kiwale faces penalties if it continues to withhold the conveyance deed. MahaRERA Member Mahesh Pathak passed an order on 15 July directing the Nirman Milestone builder in Kiwale to finalise the draft conveyance deed within 30 days and complete registration within a further 30 days - 60 days in total, structured in two stages - or face penalties, a ruling that sets a precedent for society owners facing delayed conveyance elsewhere in the state.

महारेराची किवाळे प्रकल्पावरही कडक कारवाई - ६० दिवसांची मुदत विलेपार्लेतील अरिस्तो क्लाऊड सोसायटीच्या बाजूने उच्च न्यायालयाने निकाल देत बिल्डरचा वाढीव एफएसआय लाटण्याचा डाव उधळला. किवाळे येथील निर्माण मायलस्टोन बिल्डरलाही संमतीपत्र ६० दिवसांत देण्याचे आदेश.