Ruling in Nahalchand Laloochand Pvt Ltd v Panchali Co-operative Housing Society Ltd the Supreme Court held a developer has no right to sell any portion of a building which is not a flat. As such, a developer has no right to sell open spaces and parking spaces.
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The update of court judgments is compiled by Bhasin & Co, Advocates, a corporate law firm based in New Delhi. The authors can be contacted at lbhasin@bhasinco.in or lbhasin@gmail.com. Readers should not act on the basis of this information without seeking professional legal advice.