HC asks 2 society members to hand over flats, says redevelopment cannot be stalled indefinitely
India, Sept. 20 -- The Bombay High Court last week directed two members of a housing society who were holding up its redevelopment to hand over possession of their vacant flats to the developer within a week, observing that society members cannot indefinitely stall redevelopment by failing to come forward to execute individual permanent alternative accommodation agreements (PAAAs) with the developer.
Their continued possession of their old flats, the court said, "has the effect of obstructing the redevelopment which the parties have agreed to undertake".
A PAAA is a legal document in a redevelopment project that guarantees an existing property owner a replacement flat, shop or commercial premises and sets out arrangements such as tempor...
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