Supreme Court Clears India’s Tallest Residential Building Project Palais Royale; Overturns Bombay High Court Order
By : Legal Era
Update: 2019-10-25 07:44 GMT
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[ By Bobby Anthony ]The Supreme Court has cleared completion of Palais Royale, which is expected to be the country’s tallest residential building, at Worli Naka, in Mumbai.The Supreme Court has overturned a Bombay High Court order and dismissed an appeal filed by an NGO which had challenged excess refuge areas granted to the skyscraper by the Brihanmumbai Municipal Corporation (BMC) and...
The Supreme Court has cleared completion of Palais Royale, which is expected to be the country’s tallest residential building, at Worli Naka, in Mumbai.
The Supreme Court has overturned a Bombay High Court order and dismissed an appeal filed by an NGO which had challenged excess refuge areas granted to the skyscraper by the Brihanmumbai Municipal Corporation (BMC) and a public parking lot (PPL) building on the adjoining plot.
It may be recalled that Indiabulls had auctioned the property earlier this year, after the Vikas Kasliwal-run Shree Ram Urban Infrastructure (SRUIL) failed to back loans amounting to Rs 915 crore.
The Supreme Court has directed the BMC to take over the PPL and “proceed further to decide concerning 13 floors (44th to 56th floor) of the residential building”.
The commencement certificate was up to the plinth level of the PPL, including three basements. The Supreme Court has noted that the PPL has been constructed entirely.
The Supreme Court observed that though the commencement certificate granted by the BMC is up to the plinth level, including the basements, so far as commencement certificate for the upper floors of the PPL is concerned, SRUIL has relied upon deemed permission.