The realty projects of many builders who invested a huge amount of money here are at stake;also,the GNIDA spent cores of rupees on internal and external developments here like roads,sewers,drainage,etc.Keeping all these in mind,it is now a major challenge to protect the interest of all the investors,end users,developers,and the farmers of the Greater Noida West.
The verdict of the Allahabad high court paved the way for disposing of the land acquisition issues in Noida-Greater Noida and Yamuna Expressway Zone.Most of demands like increased compensation and plotted development have almost been met.But,now the farmers of Greater Noida West are demanding a relook on all the acquisition cases since the satellite township began,and have approached the Supreme Court for relief.The GNIDA has taken this challenge seriously and started negotiation with farmers to meet their demands-but some demands are not acceptable,as these are unviable,officials of GNIDA say.
The farmers here are demanding not just higher compensation but also a full resolution of all abadi disputesthis when the GNIDA had almost settled the abadi issues under Abadi Niyamawali.Under this,the authority decided to regularize the abadi according to land possessed (whether encroached ) by farmers by June 30,2011-the GNIDA offered 6% abadi land benefit to the farmers to settle the dispute.
On the farmers' petition,the Allahabad high court had quashed land acquisition in Shahberi and Patwari villages where a number of housing projects had been planned.The GNIDA had acquired this land by invoking urgency clause under Section 17(1) and 17(4) of the Land Acquisition Act,1894,that dispenses with the hearing required to be given to the farmers (landowners) under Section 5A of the act.The farmers then filed a petition challenging the notification issued under Sections 4,6,17 (1) (4) of the Land Acquisition Act.
After hearing the case on a daily basis,the Allahabad high court had given a judgment in favour of the farmersraising the compensation by 64.7% and awarding 10% of developed plots on their acquired lands.While the increased compensation,in cash,has already been paid,the GNIDA has not yet given the 10% abadi land as promised due to lack of available land bank.
After the Allahabad high court dismissed the review petition of the farmers and the authority,the NCR Planning Board came into the picture and took the matter ahead.The biggest question was whether the GNIDA had taken the necessary approvals for acquisition,planning,and development of the areas under litigation or not.
For the large cluster of housing projects in this area,there seems to be no end to the uncertainty looming over the fate of these projects.It was a dream destination for the people of the NCR looking for residential options in the affordable-housing segment.With builders launching projects with lucrative offers to woo buyers,thousands of people bought property here believing this to be a secure investment option.
The Greater Noida authority allotted land to more than 30 builderslike Amrapali,Supertech,Nirala,Eros,Antriksh,Earth Infrastructures,Ajnara,Gaursons,Gulshan Homes,etc,at Rs 10,000-11,600 per sq metre through tender.More than 3,000 hectares comprising Sector 1,2,3,Ecotech 13 were allocated in Greater Noida West.In addition,around 4,250 residential plots were allotted through lucky draw,at Rs 10,500 per sq metre.
Manoj Gaur,MD of Gaursons Ltd,says: "Owing to the litigation,the delay in resumption of construction work created a lot of confusion among the buyers and the developers for a long time.Now,with the increase in the cost of input materials,the construction costs have gone up drastically and it's near impossible to commence work by committing to the same initial offer prices to customers.Initially,buyers came here thinking that such good houses with such amenities were not available anywhere at such affordable prices.However,the developers' community expects the authority to settle all legal issues so that we may continue the construction work in Greater Noida West."
TOI