Bombay HC directs deemed conveyance for OC equipped housing society despite builder's pending FSI, delay claim
The Bombay High Court ruled that builders cannot indefinitely delay property conveyance to housing societies by citing future expansion plans or unutilized FSI. The court emphasized that deemed conveyance is a statutory mechanism to transfer title once occupancy certificates are granted and societies are registered, protecting flat purchasers from builder's delays.
The Bombay High Court ruled that builders cannot indefinitely delay property conveyance to housing societies by citing future expansion plans or unutilized FSI. The court emphasized that deemed conveyance is a statutory mechanism to transfer title once occupancy certificates are granted and societies are registered, protecting flat purchasers from builder's delays.
