Noida Land acquisition
According to recent news, there is a huge possibility that the rates of land possession may increase soon for all the farmers of Delhi. This will increase threefold- from Rupees 56 lakhs an acre to Rupees 1.5 crore an acre. It could also go up to 3 crore. This will occur only if the revenue [...] Continue Reading »
The land row in Greater Noida is settled but there is a shortage of clear land and few developers who still have undeveloped land with them will cash in on the situation. Emboldened by the court decisions in favour of farmers in Greater Noida, farmers in Noida had demanded enhanced compensation for their land, regularization [...] Continue Reading »
Noida Extension Flat Buyers Welfare Association (NEFBWA) invited customers of the entire Noida and Greater Noida to join its protest. Nearly 30,000 affected flat owners and other affected parties like builders, brokers, bankers, architects, contractors, suppliers of construction materials and employees in these segments have shown willingness to join NEFBWA. In two separate orders, the [...] Continue Reading »
The Authority should renegotiate with the farmers so that they willingly part with their land. That is the only way to protect interests of buyers and save builders from going bankrupt. The recent Supreme Court and Allahabad High Court orders cancelling land acquisition by Greater Noida Authority in Sahberi and Patwari villages have left few [...] Continue Reading »
