POWARI PANCHSHEEL CO-OP.HNG.STY.. vs MAHARASHTRA HOUSING AREA DEVELOPMENT AUTHORITY (MHADA))

The Supreme Court upheld the decision of the Bombay High Court dismissing the writ petition filed by the appellants against the Maharashtra Housing and Area Development Board (MHADA) regarding the sale of unsold flats. The Court clarified that the Board, as a statutory authority under the MHADA Act, 1976, has the discretion to set terms for the sale of flats, including price adjustments. The Court found no violation of Article 14 of the Constitution, affirming that the Board's actions were within its statutory powers and did not warrant judicial intervention.