Friday, October 21, 2011

HC hikes compensation of Greater Noida acquisition land row

The Allahabad High Court Friday cancelled the land acquisition of Abdullapur and Devli villege on the farmers' petitions in the Noida, Greater Noida and Noida Extension land acquisition row on Friday.

A full judge bench of the Allahabad High Court comprising of three judges has given its verdict and ordered developers to pay additional 64 percent compensation to farmers.

The Court also directed developers to allocate 10 percent of land to farmers.

In all farmers from 63 villages have filed petitions, alleging that the Uttar Pradesh government acquired their land by invoking the "urgency clause", which deprived them to demand considerable compensation from the authority.

A full bench of the court had on September 30 reserved its judgement in these cases after hearing the versions of the state government, farmers, builders and buyers for more than two weeks.

“Two earlier court orders set aside forcible acquisition in Shahberi and Patwari. The same urgency clause has been used in other villages too,” said Parminder Bhati, counsel of farmers.

Meanwhile, developers are also hopeful. “We’re absolutely confident the crisis would be resolved,” said Pankaj Bajaj of real estate body CREDAI.

The two industrial development authorities in Noida and Greater Noida also hope the court won’t ask them to return the land that they had acquired from villages and allotted to builders.

The authorities also hope to get a nod for out-of-court deals they have struck with some villages, while farmers want their land back for a better bargain.  In case of an “adverse” judgment, the entire Noida Extension project may be scrapped.

No comments:

Post a Comment