Limit of 150 sq metres in bid to encourage building of more affordable properties
Westminster city council is to ban new “super-size properties” built for oligarchs and other members of the global ultra-rich elite in order to free up space for more affordable homes.
The council, which includes Mayfair, Knightsbridge and Belgravia, said it would restrict new homes larger than 150 sq metres (1,615sq ft) because “Westminster’s position in the global housing market can create demand for super-size properties which underoptimise development of Westminster’s scarce land resource”.
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