Super rich new luxury £1.2bn London development
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UK’s richest people avoid social housing rules in £1.2bn London flats project
Exclusive: Westminster gave exemption for Hinduja brothers’ Old War Office development in return for £10m* payment
The Hinduja brothers, named by the Sunday Times as the wealthiest people in Britain with a £28.5bn fortune, won approval to develop the historic Old War Office near Downing Street into 85 luxury flats and a 120-room five-star Raffles hotel.
The Guardian can reveal that the OWO development – in which one four-bedroom flat has sold for more than £40m – should under planning rules contain 8,000 square metres of affordable housing – enough for 98 flats.
*In the video, the amount payable would be £39m
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