Builder withheld Rs 88 lakh after redevelopment deal; landowners win over Rs 1.22 crore

The dispute originated in 2010, when two landowners, along with their late mother, transferred their development rights to a builder for redevelopment. They held a one-third undivided share in a property in Mumbai, and executed an Agreement to Assign for the redevelopment. Subsequently, they also entered into a Supplementary Agreement dated February 18, 2015, and an Agreement to Offer Permanent Alternate Accommodation (PAA), executed on the same date.