In an affidavit, the Noida Authority had agreed to increase
its compensation by 64.7% and 10% land to its legal opponent Maharishi
Vidyalaya.
NOIDA: Nearly 5,000
homebuyers in Noida's Sector 107 are a relieved lot after the Allahabad high
court disposed of all petitions against the land acquisition in Salarpur
village, on which the Sector 107 project stands.
In an affidavit, the
Noida Authority had agreed to increase its compensation by 64.7% and 10% land
to its legal opponent Maharishi Vidyalaya. The case was then withdrawn and
nullified by Maharishi Vidyalaya, the trust that had challenged the
acquisition. The Allahabad high court was hearing a review petition against the
acquisition, sent by the SC.
However, the high
court is yet to give a written order. The hearing in a parallel case for the
same land will be held in the Supreme Court on July 19, following which the
issue is expected to be fully resolved.
"In view of the
order passed on July 11, 2016, the construction of flats can now be completed
by the builders and possession can be handed over to allottees," said
Manish Goel, counsel for the buyers in the high court.
"We are
relieved. At least now, the houses can be completed and handed over. It has
been a long-drawn struggle. This is a success for buyers," Puneet
Parashar, a Sector 107 homebuyer, who has been leading the movement from the
front, said.
The homebuyers had
over the last few years staged dharnas, blocked roads, held demonstrations and
even ran a social media campaign to draw attention to their problem. The
litigation has been running parallel in the Supreme Court and the Allahabad
high court.
Arun Kalra, another
representative of the Sector 107 homebuyers' group, said all the buyers were
relieved that now the project was out of the ambit of lawsuits.
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