Noida authority to pay 4000 per sqm to farmers
The Noida authority on Monday said that it had decided to offer Rs 4,000 per sqm to farmers to purchases their land for urbanisation. At present, the authority offers Rs 1,460 for per sqm land.
It will approve a proposal regarding the new land rate in its board meeting on Tuesday. The authority has decided to purchase farmers’ land directly and not as per the provisions of the new Land Acquisition, Rehabilitation and Resettlement Act, 2013.
The authority will carry out various development projects such as group housing, industrial development and institutional areas. They have also been discussing further on whether they will stick to the fact and do away with the new land acquisition rules. A pay of Rs 4000 per sqm is what have been decided by the authority to pay the farmers.
The authority is looking forward to do the deals directly instead of any indirect dealing. Probably the needed measures will be helping them and lead to peaceful acquisition of lands and not any kind of riots. However the board meeting that is slated to be held on Tuesday will throw light on what will be the final decision.
Source: Hindustan Times
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