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This is an archive article published on August 6, 2011

Ray of hope for flat aspirants in Noida Extn,deal struck

Court,after review petition had referred cases to larger bench as interests of several stakeholders were involved.

In a ray of hope for 20,000 aspirants for flats in Noida Extension,Greater Noida Industrial Development Authority Saturday struck a deal with farmers of Patwari village under which the peasants will withdraw the case in the Allahabad High Court that had quashed land acquisition in the area.

As part of the deal on land compensation and other issues,Patwari farmers will move the court to withdraw the court case.

Land acquisition in Patwari was quashed by the Allahabad High Court on July 26. The court,after a review petition had referred the cases to larger bench as interests of several stakeholders were involved.

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However,the court had allowed authorities to negotiate with farmers and reach an out-of-court settlement by August 12 Gautam Budh Nagar MP Surinder Singh Nagar said that as per agreement,farmers will get compensation at Rs.1400 per square meter,which means they will get an additional compensation of Rs.550 per square meter as they had already taken the compensation at Rs.850 per square meter when the land was acquired from them.

Further,farmers will get an additional 2 per cent of developed land. As per policy,they were entitled to 6 per cent developed land and now it will be 8 per cent,Nagar said.

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