The BBMP initiated the withdrawal/cancellation of Occupancy Certificate issued to one of the Residential Complexes built by a leading builder having 600 apartments, based on the observation of the NGT. The aggrieved builder approached the High Court and obtained a favourable order and the Court directed the BBMP not to take any precipitative action against the residential complex.
As, we had stated, many times, that the buyers are given a token relief but the outcome will be MISERABLE AND SHOCKING.
The litigation will go on and on and on. But, the poor buyer and investor, is the ultimate VICTIM, will be at LOSS.
Many apartment complexes will face the similar action and all of them will approach the court and obtain some TEMPORARY RELIEF for the buyers.