Back

Vazquez et al. vs. Ayala Corporation

DR. DANIEL VAZQUEZ and MA. LUIZA M. VAZQUEZ, Petitioners, versus AYALA CORPORATION, Respondent.

G.R. No. 149734 | 2004-11-19

D E C I S I O N



Tinga, J.:





The rise in value of four lots in one of the country's prime residential developments, Ayala Alabang Village in Muntinlupa City, over a period of six (6) years only, represents big money. The huge price difference lies at the heart of the present controversy. Petitioners insist that the lots should be sold to them at 1984 prices while respondent maintains that the prevailing market price in 1990 should be the selling price.



Dr. Daniel Vazquez and Ma. Luisa Vazquez[1] filed this Petition for Review on Certiorari[2] dated October 11, 2001 assailing the Decision[3] of the Court of Appeals dated September...