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Bombay High Court Reinstates De-registration and Promoter Change for Mahalaxmi Project

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Summary

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  • The Bombay High Court has reinstated the de-registration and promoter change for the Turf View Project in Mahalaxmi, Mumbai.
  • This decision overturns a prior order issued by the Maharashtra Real Estate Appellate Tribunal (MahaREAT).
  • The ruling could significantly impact the project's future and its stakeholders involved in the real estate sector.
  • Legal experts are closely monitoring the implications of this judgment on similar projects across Maharashtra.

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