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MRTP Act | Denying Refund Of Unused Additional FSI Premium For Housing Projects Arbitrary : Supreme Court
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Supreme Court - High Court - Legal Breaking News | Live Law India
The Supreme Court has recently held that housing project owners cannot be denied a refund of the premium paid for unutilised additional Floor Space Index (FSI) merely because there is no specific legal provision permitting such a refund.
The Court said that when the benefit of refund is extended to educational institutions, medical institutions and star-category hotels, not extending the same...