SC affirms Palais Royale sale to honest shelters
Real Estate

SC affirms Palais Royale sale to honest shelters

In a landmark decision, the Supreme Court has confirmed the legitimacy of the 2019 sale of Palais Royale to Honest Shelters in Pune. The ruling brings an end to a protracted legal battle surrounding the high-profile real estate transaction. The case involved intricate regulatory nuances and ownership disputes, with the apex court now providing a definitive resolution.

Palais Royale, a prominent property, faced legal challenges after its sale to Honest Shelters. The verdict establishes the legality of the transaction, offering clarity to the real estate sector and fostering confidence in property transactions.

The decision is expected to have far-reaching implications for the real estate industry, setting a precedent for resolving disputes related to property transactions and ownership. The court's ruling reinforces the importance of adhering to legal processes in real estate dealings, providing a framework for transparent and lawful transactions.

This resolution marks a significant milestone for both the parties involved and the broader real estate community, bringing closure to a contentious chapter and highlighting the importance of legal adherence in high-value property transactions.

In a landmark decision, the Supreme Court has confirmed the legitimacy of the 2019 sale of Palais Royale to Honest Shelters in Pune. The ruling brings an end to a protracted legal battle surrounding the high-profile real estate transaction. The case involved intricate regulatory nuances and ownership disputes, with the apex court now providing a definitive resolution. Palais Royale, a prominent property, faced legal challenges after its sale to Honest Shelters. The verdict establishes the legality of the transaction, offering clarity to the real estate sector and fostering confidence in property transactions. The decision is expected to have far-reaching implications for the real estate industry, setting a precedent for resolving disputes related to property transactions and ownership. The court's ruling reinforces the importance of adhering to legal processes in real estate dealings, providing a framework for transparent and lawful transactions. This resolution marks a significant milestone for both the parties involved and the broader real estate community, bringing closure to a contentious chapter and highlighting the importance of legal adherence in high-value property transactions.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?