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Litigation Update | Bombay Hc | Prospective Fsi Cannot Delay Deemed Conveyance
The Bombay High Court has reinforced that developers cannot indefinitely delay deemed conveyance to housing societies by claiming rights to exploit additional Floor Space Index (FSI) made available through regulatory changes. This ruling clarifies the temporal limits on a builder's contractual rights when statutory conveyance obligations have crystallized, establishing that FSI increases occurring after the mandatory conveyance period belong to the society, not the defaulting developer.

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