Legal1 Oct 2026, 11:33 am
Bombay HC Restores Prestige Estates' Turf View Project De-Registration & Promoter Change
AI Summary
The Bombay High Court has set aside a MahaREAT order, restoring the de-registration of Prestige Estates Projects Ltd's Turf View Project in Mahalaxmi and reinstating the promoter change approved in October 2021. This resolution follows the settlement of all disputes and claims among the concerned parties, bringing closure to the proceedings and reverting the regulatory status to what it was under the previously approved orders. The High Court's order, dated September 29, 2026, effectively nullifies the MahaREAT order of September 2, 2022.
Key Highlights
- Bombay High Court order restores project de-registration.
- Promoter change in Turf View Project is now reinstated.
- Disputes and claims among parties have been settled.
- Regulatory position is restored to prior orders.
- Closure achieved for the legal proceedings.
Price Impact
More from PRESTIGE