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Tag Archives: Housing Development and Infrastructure Limited

HDIL sold prime Chakala SRA plot to Kanakia Spaces despite High Court order, HDIL fined Rs 10 lakh

After a city-based developer alleged that the Housing Development and Infrastructure Limited (HDIL) connived with the Slum Rehabilitation Authority (SRA) to gobble up 25,271 sqmt or eight acres of prime property in Chakala, Andheri (E), it has been revealed that HDIL immediately sold that plot to Kanakia Spaces Pvt Ltd for Rs655 crore. The sale was finalised despite the High ...

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