Bigger Flat? Pay More Maintenance! Bombay HC's LANDMARK Decision In Pune Complex Case Explained

Описание: The Bombay High Court has ruled that owners of bigger apartments in residential condominiums governed by the Maharashtra Apartment Ownership Act, 1970, must pay higher maintenance charges compared to owners of smaller flats.

This landmark decision clarifies that maintenance fees should be charged in proportion to the size of each apartment, reflecting the undivided share each owner holds in the common areas of the property.

This ruling arose from a legal dispute in Treasure Park, a large residential complex in Pune comprising 11 towers and 356 apartments.

Here's how the whole case went down

#bombay #realestate #money

Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.

Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx...

Subscribe to Mint Premium Now: https://www.read.ht/Scaq

Subscribe to Mint's WhatsApp Channel: https://whatsapp.com/channel/0029Va91...