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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.

Bombay HC Cancels NOC Granted To Parekh Constructions LLP For Defaulting Payment Of Transit Rent

Bombay HC Cancels NOC Granted To Parekh Constructions LLP For Defaulting Payment Of Transit Rent
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HC axes builders from redevelopment project in South Mumbai over arrears, ET RealEstate

Parekh Constructions, Parekh Constructions LLP and Nishcon Realty have to clear out from the project site in Chira Bazar area before Independence Day, the HC directed Friday. Mhada can appoint another builder, it added.

Bombay High Court Cancels NOC Of Builder Over Default In Payment Of Transit Rent

The Bombay High Court on Friday cancelled the No Objection Certificate (NOC) granted to Parekh Constructions LLP, developer of a redevelopment project in South Mumbai due to its default on payment of.

Situation Dire: Bombay High Court On Errant Builders

Situation Dire: Bombay High Court On Errant Builders
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