Noida
Builders, who were allotted land by the Greater Noida Industrial Development Authority (GNIDA), have stopped all construction work in Sahberi and the Authority officials pulled down whatever hoardings, property advertisements etc remained there. The authority has begun the process of returning land to farmers. Developers affected by the Sahberi order have also been given the [...] Continue Reading »
Land acquisition in Sahberi and Patwari, where over 30,000 apartments and plots were sold, has been declared illegal by courts. The Allahahad High Court is due to hear cases regarding more villages this week, but the fate of nearly 70,000 apartments in Noida Extension is uncertain. Demands for higher compensation have spread to neighbouring areas [...] 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 »
The final hearing of the acquisition of land in Greater Noida Extension including Patwari where the notifications were quashed by the division bench of Allahabad High Court has arrived. The hearing will be on July 26. A bench of the court deferred till July 26 hearing in about two dozen other writ petitions filed on [...] Continue Reading »
26,000 homebuyers had been homeless and their dreams have been shattered in less than a fortnight time under the twin blows order by Allahabad High Court of Sahberi and Patwari verdicts, but seems the realisation that it is more important to buyers to ensure the survival of Noida Extension first for safeguarding individual investments is [...] Continue Reading »
One day after the Allahabad High Court order of quashing the land in Patwari it was revealed that around 50,000 private housing units were proposed to be constructed in the Patwari area and according to developers, around 20,000 bookings have already been made by the buyers in the area. Developers have reiterated that the “fault” [...] Continue Reading »
When Supreme Court upheld an Allahabad high court order cancelling the land acquisition in Sahberi village, the builders had offered to relocate the initial 6000 homebuyers out of 26000. But still buyers have little prospect of relocating to another apartment in the same area and on top of that they will also have to keep [...] Continue Reading »
The Patwari farmers got what they wanted. It was their 600 hectares of land which was acquired by the builders and was given back as per the Allahabad High Court order to Greater Noida Authority and developers. For about 600 hectares in Patwari, the total compensation paid to farmers was over 450 crore. Yet they [...] Continue Reading »
Describing the Allahabad high court order as a “big blow” to them, Builders and developers will press for a judicial review to protect the interest of 30,000 home buyers. Unlike Sahberi where only minimal work had been done, major construction work is already underway in Patwari. The Allahabad high court order denotifying 589 hectares in [...] Continue Reading »
The Greater Noida Industrial Development Authority (GNIDA) has made it mandatory for an allottee to plant a few evergreen trees in their premises.The rule holds true not only for residential areas, but commercial, institutional and industrial plots as well. All allottees have to fulfill this condition. If you are planning to construct a house in [...] Continue Reading »
