MUMBAI: Bollywood actor Malaika Arora who had moved MahaRERA in 2020 against the developers of a Bandra high-rise for delay in handing over possession of a 4BHK flat and also sought interest from them for missing the 2017 schedule, recently settled the matter amicably with the promoters. Arora has taken possession of the 4,000-sq-ft flat.

On November 2, the actor filed a withdrawal application with MahaRERA, stating she and the promoters had amicably settled the dispute.

Arora had booked the Rs 14.5 crore flat in the ‘81 Aureate’ high-rise project in Bandra (West) in February 2017. The project is the free-sale component in a slum rehabilitation project promoted by Pyramid Developers and Ultra Lifespaces (formerly known as Satra Buildcon). Pyramid Developers had earlier run into trouble with the authorities.

Arora said she had already paid around Rs 13 crore. In her complaint in October 2020, Arora alleged the promoters had committed to handing over possession of the flat on or before December 31, 2017, with a maximum grace period of six months.

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