HC directs Lakeview Developers to construct 2,398 affordable houses in Powai before June 2021

HC directs Lakeview Developers to construct 2,398 affordable houses in Powai before June 2021
05/10/2017 , by , in News/Views

The Bombay High Court on Tuesday directed Lakeview Developers run by the Hiranandani group to construct around 2,398 affordable houses in Powai before June 1, 2021, according to the undertaking given by them. The developer will have to build around 887 flats of 861 square feet each and 1,511 flats of 430 square feet each. A specified number of flats would have to be sold to the Maharashtra government at a rate of Rs 135 per square feet. A division bench of Chief Justice Manjula Chellur and Justice Nitin Jamdar said if the developer fails to meet the deadline, they would have to earmark an additional 10% of the flats for sale to the state government.

The court was hearing an application by the developer over a 2012 order that restrained it from constructing buildings on its Powai land without permission. The court’s orders had come on a PIL that alleged violation of lease conditions.

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