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A big housing project that the cash-strapped Capital Development Authority (CDA) had hoped would bring it billions has brought it multiple legal claims instead on the booty.
Dawn has learned that the CDA may be trying to break the legal logjam by settling accounts with the biggest claimant, the Multi-Professionals Cooperative Housing Society (MPCHS), surreptitiously — allegedly the way its joint venture with the MPCHS had begun.
The CDA’s troubles began on April 15, 2011 when the Supreme Court struck down its Northern Strip joint venture with the MPCHS for the latter to develop 54 acres in Sector E-11 as a residential and commercial area.
