Sir David Murray’s £1billion housing estate will be built on land he salvaged from his controversial former company before it went bust with £200million bank debts.Scottish ministers gave the former Rangers owner’s family firm the green light to proceed with the first phase of its Garden District development on Edinburgh’s greenbelt earlier this month.The decision is likely to represent a massive financial boost for Murray, who transferred ownership of the 675-acre plot when his empire collapsed in 2014.At the time, the multi-millionaire said the land, along with several other sites, would be difficult to market because of planning constraints.His new firm, Murray Capital, then bought the plots for £13.9million from Murray International
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