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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.

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