Bombay High Court Bans Sale of Basements and Parking Spaces, Declares Them Common Amenities
Bombay High Court rules basements and parking spaces are common amenities and cannot be sold separately or confer housing society membership.
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Bombay High Court rules basements and parking spaces are common amenities and cannot be sold separately or confer housing society membership.
Supreme Court rules that leasing or renting a flat does not strip buyers of consumer rights. Builder must prove commercial intent to deny complaint.
Budget 2026 extends GIFT City’s tax holiday to 20 years, driving office space demand, real estate growth, and strengthening India’s global financial hub ambitions.
Bombay High Court strikes down a Collector’s order on independent valuation duty, holding that administrative directions cannot override the Indian Stamp Act.
Supreme Court upholds NGT penalties, ruling that a polluting company’s turnover can determine environmental compensation under the polluter pays principle.