A bench of Justices Ranjit More and Anuja Prabhudessai, recently disposed of a petition filed by the housing society located at Agripada in Central Mumbai against Vignaharta Builders, which agreed to honour its prior commitments.
The court noted in its order that the builder had assured in the undertaking through its lawyer A S Khandeparkar that it would construct corridors connecting the redeveloped building with the new building for sale in accordance with the approved plan.
The builder also agreed to pay Rs 51 lakh as corpus fund to the Society instead of Rs 30 lakh paid earlier, provided they got back their cheque of Rs 30 lakh from the society which had not yet encashed it.
Counsel for the petitioner society Rajesh Vanzara told the judges that the undertaking given by the builder was acceptable to the society and in the light of this development, the grievance of the society stands redressed.
In the petition, the society had alleged that serious violations were made by the builder in the development rules and regulation.
As the builder was not honouring its commitment and was constructing a new building in violation of the development rules, the society had revoked or terminated its agreement with the builders, it said.
The builder had stopped paying rent to its members despite a commitment made to this effect earlier. Moreover, 138 families stayed in transit accommodation elsewhere after the society building was pulled down for redevelopment and they had already spent 10 years in these transit houses, its lawyer contended.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
