Disappointment to DLF in Park Place Case

Q: In a brake to real estate major DLF, the Supreme Court on Monday abandoned its earlier order that obstructed the Punjab and Haryana High Court.

Bikram, Mumbai

9th September 2015

Real estate News in Mumbai

resident welfare association

dlf

real estate in mumbai

supreme court

dlf park place

punjab and haryana high court

Follow Discussion

Also see discussions for

Mumbai Real estate News Real estate News in Mumbai

Replies (2)

The Supreme Court bench observed that stay of proceedings is unjustified. DLF has a stay in its favor. And HC proceedings are also stayed. Both things cant go on."

Jamuna sikhri, Delhi-NCR

9th September 2015

Comment

Nice judgment. The Supreme Court direction can help the HC in deciding the rights of the allottees and could risk the interests of persons who have invested in Crest if the same is found to be illegal.

Sandipta Das, Guwahati

9th September 2015

Yes, a bench headed by Justice TS Thakur while releasing its June 2013 order told that they didn't see any reason to prevent the HC from hearing the main petition. They express no opinion on the merits of the case and the HC should make an effort to speed up the hearing.

Jamuna sikhri, Delhi-NCR

9th September 2015

Comment

The company is facing so many troubles last few years. Though, the Supreme court did not vacate the stay on the HC's interim order that obstruct the company from construction, sale and marketing of its "The Crest" project. The builder is still free to sell its properties.

Bobby, Noida

9th September 2015