The Slum Rehabilitation Authority (SRA) has issued a stop work notice on the Housing Development and Infrastructure (HDIL) project in Kurla (west).
The notice has been issued on the on-sale building of the developer due to failure in paying the deferment penalty to the SRA.
HDIL was supposed to pay Rs 61 crore to the SRA as penalty due to alleged negligence in seeking permissions. As per an RTI inquiry, four cheques amounting to Rs 15.84 crore have bounced.
The four cheques were the third installment which bounced in June 2017. MHADA had approved the deferment in HDIL’s project on 23 September, 2016.