Powari Panchsheel Co-Op.Hng.Sty.. vs Maharashtra Housing Area Development ...

The Supreme Court upheld the decision of the Bombay High Court, affirming that the Maharashtra Housing and Area Development Authority (MHADA) is a 'State' under Article 12 of the Constitution of India. The Court ruled that the Board's decision to reduce the price of unsold flats from Rs.2995 to Rs.2200 per square foot was within its authority and aimed at fulfilling its statutory objective of providing affordable housing. The appeal was dismissed, confirming the High Court's dismissal of the writ petition filed by the appellants.