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Ghaziabad: The Ghaziabad Development Authority Farmers may have to pay Rs 1,000-1,200 crore as enhanced land compensation for the 1,748 acres of land acquired between 1986 and 1989. Indirapuram And Vaishali Housing Schemes.
The Allahabad High Court is set to hear, on July 12, the GDA’s review petition against the higher land compensation – Rs 297 per square yard – that was fixed by the court in 2017.
GDA Tehsildar Durgesh Singh said the cash-strapped development authority will have to be ready with a contingency plan in case the high court upholds its original judgement. The GDA can recover the additional cost from the developers of the two housing schemes.
“Between 1986 and 1989, the GDA acquired 1,295 acres of land for Indirapuram housing scheme and 453 acres of land for it Vaishali Under the scheme at the rate of Rs.90 per square yard and Rs.50 per square yard respectively. In 1991, the affected farmers approached the district court demanding higher compensation. In 2001, the court ruled in favor of the farmers and increased the rate of compensation to Rs 160 per square yard,” said Singh.
The Authority challenged this order in the Allahabad High Court. In 2017, the High Court increased the compensation amount to Rs 297 per square yard and the GDA subsequently challenged the 2017 order in the Supreme Court.
The SC, in 2019, directed the GDA to file a review petition in the high court, while allowing the development authority liberty to come back to it (SC), if the HC upholds its original order.
“While we are still in the process of calculating the total compensation amount as per the 2017 HC order, it is estimated to be between Rs 1,000 crore to Rs 1,200 crore. The increased compensation amount can be recovered from the developers and plot owners,” said Singh. This will have a cascading effect on hundreds of property owners in the township.
“During the allotment, plot owners and developers had agreed in principle to bear enhanced land compensation, if required, in future,” Singh said.
However, the Apartment Owners Association and the Residents Welfare Association are already protesting against any move to recover the enhanced land compensation amount from the flat owners.
Alok Kumar, Patron, Federation of AOA, said, “First of all, there is a concept of freehold property and on that basis, we have no such liability. Secondly, if there was an agreement between the GDA and the developers, it was bilateral and the individual flat owners could not be compelled to pay the enhanced compensation.
Indirapuram has around 70 builder projects while Vaishali has more than 25 builder projects.
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