Flat redeveloped, man sells in 8 days for Rs 1.95 cr; gets notice, ITAT gives relief
The man had purchased a 510-square-foot flat in a housing society in Mumbai, during FY 2006-07, where he lived with his wife. Many years later, in FY 2012-13, the housing society entered into a redevelopment agreement with a builder. The builder handed over the redeveloped flat to the man after the two parties entered into an Agreement for Permanent Alternate Accommodation in 2018.
We haven't written up this one. Times of India has the full story — the link below goes straight to it.
