India, Dec. 31 -- The Bombay High Court has struck down a communication issued by the Economic Offences Wing (EOW) of the Mumbai police, that had stalled the sale of a prime plot measuring 38,880 sq m in Mazgaon. The court has also allowed the property firm which had purchased the plot in auction to go ahead and register the sale deed.

The EOW had instructed the sub-registrar of assurances not to register the sale deed of the property, as Radius Sumer Developers Pvt Ltd - the developer of the project, Harbour Heights - had allegedly defrauded at least 90 flat buyers to the tune of Rs.210 crore, and EOW's proposal to attach the property under the Maharashtra Protection of Interest of Depositors (in Financial Establishments) Act, 1999, was...