ScoutQuest1 Oct 2026
Prestige Estates Projects533274Legal settlement news

Bombay High Court sets aside MahaREAT order in Turf View, Mahalaxmi; disputes settled

Bombay High Court order dated 29 September 2026 sets aside the MahaREAT order.

Court Order Date
29 September 2026
Project Name
Turf View Project in Mahalaxmi
De-registration Order Date
2 September 2022
Promoter Change Approval Date
29 October 2021
Outcome
All concerned parties have settled their respective disputes and claims

What happened

The Hon'ble High Court of Judicature at Bombay passed an order dated 29 September 2026 setting aside the MahaREAT order.

As a result, two earlier orders stand restored

Settlement

The company states that, consequent to the High Court's order, all concerned parties have duly settled their respective disputes and claims relating to the matter.

Why it matters

The press release describes the outcome as bringing closure to the proceedings and restoring the regulatory position as it stood under the above orders. For investors, it indicates that a long-running legal matter around this Mahalaxmi project has reached a resolution in line with the company's position.

Source: BSE · 1 Oct 2026

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