The Housing Executive has won the first stage of a court case in which it is trying to seize back land from one of Northern Ireland’s most prominent businessmen, it has been reported.
The organisation wants to take back a site off Sandy Row in Belfast city centre before pursuing the developer for damages and breach of contract, according to the BBC.
Lord Diljit Rana’s company — Lincoln Centre Belfast Limited — was granted control of the land in 1998 as part of a £3.6m deal.
But it had failed to develop the area as agreed — having operated as a car park without proper planning approval, according to the report.
It said there had been legal action dating back years in regards to the site which is located beside Lord Rana’s Days Hotel on Hope Street. The issue then came to |the fore after both sides were |reported to have served writs on one another in 2010.
The BBC has reported that the Housing Executive became concerned over a lack of progress on a proposed 11-storey office development on the site.
An original plan had envisaged it including an underground car park but because of costs, Lord Rana’s company sought to change the design. Neither Lord Rana nor his office was available for comment last night.