Bombay High Court Allows Writ Petition for Deemed Lapse of Land Reservation for High School and Playground Under Section 127 of MRTP Act, 1966. Failure to Acquire Land Within Prescribed Period Results in Lapse of Reservation and Entitlement to Develop Land as Per Adjacent Permissible Use.
23 Sep 2014The petitioners, four private limited companies, owned a plot of land bearing Survey No.42/1+2/2/5 admeasuring 7652 sq. meters at Nashik. The land was...




