Bombay High Court Stalls Altamount Road Redevelopment Over 80-Year-Old Height Restriction
Bombay High Court Stalls Altamount Road Redevelopment Over 80-Year-Old Height Restriction is drawing significant interest across the industry.
The Bombay High Court refused interim relief to New Deluxe Co-operative Housing Society, stalling redevelopment of its Altamount Road property into a high-rise. The court held that a 1943–44 restrictive covenant limiting construction to 30 feet remains binding as it runs with the land. Observing that interim relief would cause irreversible consequences, the court dismissed the plea.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
Related Articles
- Iran war in West Asia can impact the auto and EMS companies
- How to play and win the jackpot
- Supreme Court Overturns Trump's Controversial India Tariffs Amidst Oil Trade Disputes
- Mortgage rates dip below 6%
Source: Original →