You Searched for: property auction cancellation
Bombay High Court Annuls JVPD Scheme Vile Parle Plot Auction Due to Undervaluation and Bidder Collusion

The Bombay High Court has scrapped the JVPD land auction in Vile Parle, citing undervaluation and bidder collusion. The court also ordered the forfeiture of ₹10 lakh deposits from bidders.

By Prasad Pednekar

  • Feb 07, 2026 23:58 PM IST
  • 1261 Views
Subscribe to our Newsletter

Get regular updates on news, analysis, trends & more on the real estate industry for free.