India, March 17 -- After two decades of delay, the Bombay high court on Thursday paved the way for the construction of a hotel in Sector-15, CBD-Belapur Road, Navi Mumbai. The project, tendered by the City and Industrial Development Corporation of Maharashtra Ltd. (CIDCO) in 2006, had been stalled due to the non-development of the proposed Navi Mumbai International Airport.

A division bench comprising Justice Ajey Gadkari and Justice Shyam Chandak was hearing a petition filed by Mumbai-based PVP Star Hotels Private Limited, which sought to quash a CIDCO show-cause notice demanding an additional lease premium. The hotelier argued that the demand was arbitrary, as they were not extended the same benefits as other licensees.

According to t...