London council rejects 1,060-home plan after affordable housing cut to 12%
AI summary
Southwark Council unanimously rejected Berkeley Homes' 1,060-unit development plan after the developer cut affordable housing from 40% to 12%. Councillors overruled planning officers who recommended approval, citing the significant reduction in social housing. The developer blamed rising costs and council fees for the financial viability issues.
Key takeaways
- Southwark Council voted 6-0 to reject the revised housing plans.
- Berkeley Homes reduced the affordable housing share from 40% to 12%.
- Councillors overruled planning officers who had recommended approval.
- The developer cited rising costs and council fees as primary obstacles.
Read the original at Times of India
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