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business

Builder withheld Rs 88L after redevelopment deal; landowners win over Rs 1.22 crore

Confidence78·developingImportance88NP-EVT-20261110-A9DF684

The dispute originated in 2010, when two landowners, along with their late mother, transferred their development rights to a builder for redevelopment. They held a one-third undivided share in a property in Mumbai, and executed an Agreement to Assign for the redevelopment. Subsequently, they also entered into a Supplementary Agreement dated February 18, 2015, and an Agreement to Offer Permanent Alternate Accommodation (PAA), executed on the same date.

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Builder withheld Rs 88L after redevelopment deal; landowners win over Rs 1.22 crore
TOI BUSINESS DESK · 11/10/2026, 5:29:42 PM
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