Lalitha Real Estates Rs2 Crore Settlement Loyola

Authority: Supreme Court of India

Order Date: 29 September 2026

Case Overview

• Petitioners: M/s Lalitha Real Estates Pvt. Ltd. (and associate) filed Special Leave Petition (C) No.27383/2025 against The Loyola College Society, arising from the High Court of Andhra Pradesh’s judgment dated 21‑02‑2025 in CRP No.1825/2022.
• The dispute concerned movable properties installed in premises occupied by the respondent, alleged rent arrears, and possession issues.
• The matter was referred to the Supreme Court Mediation Centre where Mr. Ranji Thomas acted as mediator; a settlement agreement was executed on 10‑04‑2026.

Settlement Details

• Respondent agreed to pay ₹2,00,00,000 (Rs 2 crore) as full and final settlement for all movable properties.
• The premises have been vacated by the respondent.
• All arrears of rent have been waived as per the settlement agreement.

Final Outcome

• In view of the settlement, the Supreme Court declared the Special Leave Petition infructuous and disposed of it.
• Any pending applications, if any, were also ordered to stand disposed of.

Topics: Legal Settlement, Real Estate Dispute