SC orders Mantri Serenity promoters to maintain flat sale status quo
Real Estate

SC orders Mantri Serenity promoters to maintain flat sale status quo

The Supreme Court issued an order directing the promoters of Mantri Serenity Apartment to ensure that flats were not sold to anyone else until further instructions. It was alleged that the promoters had unlawfully terminated the agreement of a home buyer. The home buyers had entered agreements with Mantri Castles in 2013 with a commitment of possession in 2016.

However, the promoters of Mantri Serenity Apartment terminated the agreement on October 18, 2023, and the amount deposited by the appellant was refunded via RTGS mode into their account. It was stated that appellant No. 24 had immediately sent an email to the respondents protesting against the cancellation.

In the meantime, the counsel representing the respondents (formerly Mantri Castles, now known as Castles Vista) informed the Supreme Court that the subject flat/apartment allocated to appellant No. 24 was still available. The Supreme Court, in an order dated April 30, 2024, directed the respondents to maintain the status quo regarding possession/allotment to a third party in respect of the subject flat/apartment until further orders.

The Supreme Court mentioned that Bishwajit Bhattacharyya, senior counsel, had stated that appellants (No. 39, 41, and 42) had not taken possession of the subject flats/apartments as the Occupancy Certificate had not been provided yet. The Supreme Court also noted that the senior counsel had stated that the allotment made in favor of applicant No. 24 was unlawfully terminated by the respondent on October 18, 2023, and the amount deposited by the said appellant was refunded via RTGS mode into their account, despite an order passed by the Court on November 7, 2023.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

The Supreme Court issued an order directing the promoters of Mantri Serenity Apartment to ensure that flats were not sold to anyone else until further instructions. It was alleged that the promoters had unlawfully terminated the agreement of a home buyer. The home buyers had entered agreements with Mantri Castles in 2013 with a commitment of possession in 2016. However, the promoters of Mantri Serenity Apartment terminated the agreement on October 18, 2023, and the amount deposited by the appellant was refunded via RTGS mode into their account. It was stated that appellant No. 24 had immediately sent an email to the respondents protesting against the cancellation. In the meantime, the counsel representing the respondents (formerly Mantri Castles, now known as Castles Vista) informed the Supreme Court that the subject flat/apartment allocated to appellant No. 24 was still available. The Supreme Court, in an order dated April 30, 2024, directed the respondents to maintain the status quo regarding possession/allotment to a third party in respect of the subject flat/apartment until further orders. The Supreme Court mentioned that Bishwajit Bhattacharyya, senior counsel, had stated that appellants (No. 39, 41, and 42) had not taken possession of the subject flats/apartments as the Occupancy Certificate had not been provided yet. The Supreme Court also noted that the senior counsel had stated that the allotment made in favor of applicant No. 24 was unlawfully terminated by the respondent on October 18, 2023, and the amount deposited by the said appellant was refunded via RTGS mode into their account, despite an order passed by the Court on November 7, 2023.

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?