Mumbai, Mar 12 (PTI) The Bombay High Court today sought a reply from the Reserve Bank of India on a petition which demands that banks should publish list of the properties on which they have a mortgage, or a charge.
The petitioner contends that in many cases, buyers purchase/book a flat in housing schemes, not knowing that the land or the building is mortgaged to a bank, and the title is not with the builder.
The division bench of Chief Justice Swatanter Kumar and Justice Dhananjay Chandrachud has given RBI two weeks to file the reply.
Petitioner Rajendra Thacker has also demanded that RBI direct all the banks to put up boards at the construction sites where they have any charge on the property.
Thacker has highlighted the case of a housing scheme called Evershine Global City and Rustomjee Estate in Vasai area of the neighbouring Thane district.
According to Thacker, he first saw the advertisement of the scheme in the newspapers. A few days later, he came across a public notice in the newspapers, issued by Housing Development and Infrastructure Ltd (HDIL).
HDIL had said in the notice that Evershine had mortgaged a part of the land to Syndicate Bank, through HDIL, for a loan of Rs 90 crore in 2005, and hence HDIL and the Syndicate Bank had a claim over the land. PTI
No comments:
Post a Comment