Ranganath Properties Development - In 2015, representatives approached petitioners proposing joint development of their properties along with adjacent owners, indicating an intent to develop the properties collectively as a project. Ranganath Properties Pvt. Ltd. VS Phonix Tech Zone Pvt. Ltd. , (formerly known as Phonenix Embassy Tech Zone Pvt. Ltd. - Telangana
Development Agreement & Power of Attorney - A development agreement dated 06.04.2016 was executed between M/s. Ranganath Properties Private Limited, Ramesh Chand Kalantri, and the first respondent, granting general powers of attorney. It was agreed that separate registered development agreements would be entered into with individual applicants to develop their respective properties within a larger project framework. Ranganath Properties Private Limited, rep. by its Director VS Phoenix Tech Zone Private Limited, (formerly known as Phoenix Embassy Tech Zone Pvt. Ltd), rep. by its Managing Director - Telangana
Mortgage and Property Disputes - The properties involved were originally mortgaged by Waman Vithal in favor of Vyankoji; subsequent assignments and legal proceedings involved the mortgage rights. Court findings indicated that the properties were mortgaged by the petitioners’ ancestor, with legal disputes over ownership and rights. Housabai Vishnu Yadav VS Kashinath Pandharinath Vanpal - Bombay
Additional references (M/ s. Ranganath Properties Pvt. Ltd. vs Mr E. Sridhar - Telangana, M/ s. Ranganath Properties Pvt. Ltd. vs Mr E. Sridhar - Telangana, M/S RANGANATH PROPERTIES PVT. LTD vs PHOENIX TECH ZONE PVT. LTD - Supreme Court, M/s. Ranganath Properties Pvt. Ltd. and 15 othersLtd vs Phoenix Tech Zone Pvt. Ltd. - Telangana, M/s. Ranganath Properties Pvt. Ltd. and 15 othersLtd vs Phoenix Tech Zone Pvt. Ltd. - Telangana, M/s. Ranganath Properties Pvt. Ltd and 15 others vs Phoenix Tech Zone Pvt. Ltd.and 2 others - Telangana, M/s. Ranganath Properties Pvt. Ltd and 15 others vs Phoenix Tech Zone Pvt. Ltd.and 2 others - Telangana) are not detailed but likely relate to background legal or property records pertinent to Ranganath Properties.
Analysis and Conclusion:
Ranganath Properties is involved in development projects initiated around 2015-2016, involving joint development agreements with property owners and legal disputes over mortgage rights and property ownership. The company appears to focus on large-scale property development, negotiating with multiple stakeholders, and managing complex legal histories related to property mortgages and titles.
Sunil and he had common negotiations on the proposal of Respondent No.1; in pursuant to the said negotiations between the petitioners and the respondents, it was represented that they would develop the petitioners’ properties together with the properties of other adjacent owners as joint property into ... As per the contentions of the respective parties, evidence on record, it shows that the respondents have approached the petitioners in the year 2015 to develop the petitioners properties as common project together with the prop....
At the outset, we may advert to the development agreement with general power of attorney dated 06.04.2016 entered into between M/s.Ranganath Properties Private Limited and Ramesh Chand Kalantri on the one hand and first respondent on the other hand placed on record at page 73 of the paper book. ... It was also agreed upon that the parties would enter into registered development agreements etc., separately with each of the applicants for getting their respective schedule properties to be developed as one unit in the larger extent project. ....
We have seen that originally Waman Vithal mortgaged the suit property in favour of Vyankoji and Vyankoji's son Krishnaji assigned the mortgagee's rights in favour of Hari Ramchandra Kulkarni, Later Krishnaji's son Eknath got a decree and succeeded in bringing the suit properties of Ranganath Hari, son ... The learned Civil Judge, Koregaon, district Satara, who tried the suit held that the suit properties were mortgaged by the plaintiff's grandfather Waman in favour of Vyankoji and that although the seven suit properties ....
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