Bombay HC Clears Deemed Conveyance For Vile Parle Societies, Rejects Builder's Delay Plea
The Bombay High Court cleared deemed conveyance for three Vile Parle housing societies, directing a fresh land transfer certificate for 16,584.55 sq m. The court rejected the developer's plea to delay conveyance over potential future development rights, holding that builders cannot indefinitely retain land while continuing to exploit its development potential.