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Bombay HC Allows Arbitration Between Mumbai’s Trump Tower Residents, Macrotech Developers

Bombay HC Allows Arbitration Between Mumbai’s Trump Tower Residents, Macrotech Developers

 

Around 25 residents of the luxurious Trump Towers in Worli, Mumbai have approached the Bombay High Court against the property developers for not giving 10 hours of free flying in a private jet to residents as mentioned in the sale agreement. Macrotech Developers (formerly known as Lodha Group) are the developers of Trump Tower Mumbai, a 78-storey ultra-luxurious residential building. The project was launched by Donald Trump when he visited India as President of the US. The residents enjoy exclusive access to an elite white-glove service, while the exclusive 24/7 private gymnasium provides world-class fitness regimens. The residents in their petition, accessed exclusively by Business Today TV, demanded that the developer should give them 10 hours of free flying in a private jet without any additional charges or give a refund of Rs 40 lakh to each resident as compensation. Macrotech had responded saying the residents could fly with a particular aviation company but only after paying several charges. The Bombay High Court on October 11 allowed the two side to sort the matter out via arbitration.

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