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Mumbai builder ordered to pay landowners over Rs 1.22 crore after withholding Rs 88 lakh

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A dispute began in 2010 when two landowners and their late mother handed redevelopment rights over a Mumbai property to a builder. The family held a one-third undivided share in the property and signed an Agreement to Assign for the project. Further agreements followed in 2015, including a Supplementary Agreement and an Agreement to Offer Permanent Alternate Accommodation, both dated February 18, 2015. The builder later withheld Rs 88 lakh due under the arrangement, leading the landowners to pursue the matter. The outcome favoured the landowners, who were awarded more than Rs 1.22 crore.

Read the full story at Times of India

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