Construction Halted in Alleged Subject Matter of Parshvadhara Complex Appeal

Construction activities on the site that is the subject of the Parshvadhara Complex appeal have been halted by the Maharashtra Real Estate Appellate Tribunal. Read more about the recent developments in our latest article. #ParshvadharaComplex #ParshvadharaDevelopers #MahaRERA #constructionhalted

Construction Halted in Alleged Subject Matter of Parshvadhara Complex Appeal
Construction Halted in Alleged Subject Matter of Parshvadhara Complex Appeal

In a recent development in the ongoing legal battle between Parshvadhara Complex and Parshvadhara Developers, the Maharashtra Real Estate Appellate Tribunal has ordered a halt to construction activities on the site that is the subject of the appeal. The decision was made during a video conference call on May 2, 2023, with the next hearing scheduled for June 1-4, 2023.

Background:

The legal dispute between Parshvadhara Complex and Parshvadhara Developers dates back to 2021 when Parshvadhara Complex alleged that Parshvadhara Developers had violated the terms of their agreement by carrying out unauthorized construction on the site. Parshvadhara Complex filed a complaint with the Maharashtra Real Estate Regulatory Authority (MahaRERA), which ruled in their favor and ordered Parshvadhara Developers to stop construction.

Parshvadhara Developers appealed the decision to the Maharashtra Real Estate Appellate Tribunal, which granted them interim relief and allowed them to continue construction while the appeal was pending. However, Parshvadhara Complex filed a separate application seeking to halt construction until the appeal was decided, citing safety concerns and violations of building codes.

Recent Developments:

During the May 2, 2023 video conference call, the lawyers for both sides appeared before the tribunal. The lawyer for the respondent, Parshvadhara Developers, requested more time and stated that his client would continue to abide by an earlier statement made on March 23, 2023, which promised to halt construction activities until the next hearing date. The tribunal accepted this statement and ordered a halt to construction activities until the next hearing on June 1-4, 2023.

Analysis:

The decision to halt construction activities is a significant development in the legal battle between Parshvadhara Complex and Parshvadhara Developers. It reflects the concerns raised by Parshvadhara Complex about the safety and legality of construction activities on the site. The halt to construction activities will allow the tribunal to review the evidence and arguments presented by both sides and make a decision based on the merits of the case.

The decision also highlights the importance of following the regulations and guidelines set forth by MahaRERA and other regulatory bodies. Non-compliance with these regulations can lead to legal disputes and financial penalties, as well as safety concerns for workers and residents.

Conclusion:

The decision to halt construction activities on the site that is the subject of the appeal between Parshvadhara Complex and Parshvadhara Developers is a significant development in the ongoing legal battle. The decision reflects the concerns raised by Parshvadhara Complex about the safety and legality of construction activities on the site, and it will allow the tribunal to review the evidence and arguments presented by both sides. The decision highlights the importance of following regulations and guidelines set forth by regulatory bodies to ensure compliance and safety.

Note: The information provided in this article about Maharashtra Real Estate Regulatory Authority (MahaRERA) is for informational purposes only. It is not intended as legal or professional advice and readers should consult qualified professionals for advice specific to their circumstances.

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