Latest Answer: I heard that another player in the dispute was the Slum Rehabilitation Authority (SRA) which polices the resettlement of slum dwellers and ensures that they are not fleeced by unscrupulous realtors. The SRA had released some development rights to HDIL which was sold in the market for Rs. 2,400 crore. It accused HDIL that the company was bound to complete the project as per agreement, but it had refused to give possession of the tenements that were already built to SRA. HDIL said that it would not hand over the buildings to SRA as the project agreement with MIAL was terminated.
