An Australian developer says a rail project halted its 218-apartment build after the state moved to acquire underground land; with more than 100 buyers waiting, it is suing for at least A$100 million – FinSiddhi

An Australian developer says a rail project halted its 218-apartment build after the state moved to acquire underground land; with more than 100 buyers waiting, it is suing for at least A$100 million

An Australian property developer has sued Victoria’s Suburban Rail Loop Authority for at least A$100 million after a railway project stalled construction of 218 apartments in Melbourne for two years. The dispute concerns the government’s acquisition of underground land, leaving more than 100 homebuyers waiting for their apartments.
Read more at Times of India

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