Bombay High Court approves hotel construction in Navi Mumbai

hindustantimes.com

The Bombay High Court has allowed the construction of a hotel in Navi Mumbai after a 20-year delay. The project, initiated by CIDCO in 2006, was stalled due to the non-development of the planned international airport. PVP Star Hotels Private Limited challenged CIDCO's demand for an additional lease premium after the lease was terminated in 2018. The hotelier argued that other licensees received extensions without extra costs, making CIDCO's actions seem unfair. The court ruled that while terminating the lease was not in CIDCO's best interest, the hotelier must still pay the additional lease premium due to the project's delays.


With a significance score of 1.8, this news ranks in the top 64% of today's 17719 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.


More on this topic:

    [2.4]
    Maharashtra targets illegal Bangladeshi workers with developers (hindustantimes.com)
    16h
    [2.3]
    Villages challenge NAINA project in Bombay High Court (hindustantimes.com)
    1d 14h
    [2.0]
    High Court dismisses twin tunnel contract public interest litigation (timesofindia.indiatimes.com)
    23h
    [1.8]
    Haryana developer jailed for failing to refund ₹26 lakh (hindustantimes.com)
    1d 16h
    [1.8]
    Court denies bail to ED officers in bribery case (hindustantimes.com)
    1d 14h
    [1.8]
    Santacruz residents contest eviction over building classification (hindustantimes.com)
    14h
    [1.6]
    Metro contractors must pay ₹152.05 crore in taxes (hindustantimes.com)
    1d 14h
    [1.6]
    NH 66 construction in Kerala faces significant delays (timesofindia.indiatimes.com)
    1d 22h
    [1.6]
    LDA claims ₹4,500 crore from Ansal in NCLT (hindustantimes.com)
    1d 17h
    [1.3]
    Thanal housing project in Muttathara awaits technical approval (timesofindia.indiatimes.com)
    22h