Property-in-Law – Page 3

The Allahabad High Court upheld the justice of the land acquisition notice and also the award of compensation to landowners or farmers of Patwari village in Greater Noida, Gautam Budh Nagar. Nearly 1500 farmers were affected by the acquisition. Compensation of over Rs 500 crore has already been paid to the farmers and the majority are not against the acquisition. Construction work on the land has already started.

A huge number of writ petitions filled by landowners against the land acquisition procedures, a division bench comprising that there is no illegality in the award, nor can it be quashed on the grounds urged by the petitioners. The order was passed on writ petitions filed by several other farmers of Patwari village who had scrutinized the legality and validity of the award dated July 10, 2015 passed by extra district magistrate (land acquisition) of Greater Noida.

The proposed 24-km-long road amongst Greater Noida and Faridabad will soon be a reality. The project is improving connectivity between Uttar Pradesh and South Haryana and as a result giving a push to the realty prospects in the area. In a boost to the scenarios of the Rs. 400 crore project, Uttar Pradesh Chief Minister Akhilesh Yadav on Monday decided to bear the cost of acquisition of land in the state of proposed road. It is possible to be completed within one-and-a-half-years.

Pronouncing UP chief minister, offered a letter of approval to Krishan Pal Gurjar and Union Minister of state for social justice and empowerment. The road will connect Atta-Gujran area in Greater Noida to Jasana-Cheersi-Manjhawali regions in Faridabad. The road will pass through Yamuna Expressway.

Around 19 km of the 24 km long road will be in Haryana while a 5 km stretch will be in Uttar Pradesh. Moreover, a 670 meter long four lane bridge would also be constructed on the Yamuna River. While the centre government will provide Rs 250 crore for the bridge, the remaining amount will be contributed by Uttar Pradesh and Haryana.
With the completion of this road, customers travelling from Gurgaon, Palwal, Rajasthan and Faridabad to Noida would not need to enter Delhi. This would also benefits customer’s save time and help reduce pollution in the region. This road will also work as a bypass for traffic coming from National Highway-8 (NH-8) and direction towards Greater Noida, Noida, Agra, Lucknow and Kanpur, by avoiding congested Delhi roads. The project will also boost real estate sector.