Notice to developer after Sahara appeals against High Court order

A notice was issued by a vacation Bench of Justices Altamas Kabir and G S Singhvi who sought reply from builder B Jeejeebhoy Vakharia and Associates and others within two weeks.

The real estate company of the Sahara Group — Sahara India Commercial Corporation (SICC) — has challenged the High Court's interim order that vacated the single-judge order that restrained Jeejeebhoy from creating third party rights while dealing with land worth more than Rs 50,000 crore in Aarey Colony in Goregaon.

Sahara claims to have spent around Rs 36.5 crore on the property which originally belonged to Behram Jeejeebhoy in Pahadi village, Goregaon. The owner had sold the land to the Pahadi Development Corporation, which in turn transferred the same to one Usha Madhu Development CHS.