HC tells MMRDA to refund ₹731.13 cr in penalties to four entities

The Bombay High Court on Wednesday directed the Mumbai Metropolitan Region Development Authority (MMRDA) to refund ₹731.13 crore forcibly recovered as additional premium or penalty from four entities for failing to complete construction work within the stipulated time on plots they had leased at the Bandra Kurla Complex (BKC)

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