Denying Refund Of Premium For Unutilized Additional FSI On Residential Projects Is Arbitrary: Supreme Court

The Supreme Court of India has held that denying a refund of premium paid for unutilized additional Floor Space Index (FSI) for residential constructions is arbitrary, discriminatory, and violative of Article 14 of the Constitution. Setting aside a Bombay High Court judgment, a division bench comprising Justice Sanjay Kumar and Justice K. Vinod Chandran ruled

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