Noida Extension Flat Owners Relieved As NCDRC Stays Cancellation

National Consumer Dispute Redressal Commission; providing great relief to the flat owners of Noida Extension, has stayed the cancellation of flats by a developer.
Flat buyers of Noida Extension finally relieved as their cancelled bookings were stayed.

Flat buyers of Noida Extension finally relieved as their cancelled bookings were stayed by NCDRC.

Proposed flat owners of Noida Extension finally were relieved as National Consumer Dispute Redressal Commission stayed the cancellation of their bookings. The commission stayed the cancellation of over 100 flats which were allegedly cancelled by a developer.

It was in last month; leaving the flat owners to stay in distress, a developer cancelled the bookings soon after the Greater Noida Master Plan 2021 was approved by the planning board of NCR. Once the Master Plan got the approval, the construction was resumed in the area.

Distressed home buyers of Noida Extension had approached the commission earlier last month against the private developer who cancelled their bookings. Continue reading

Noida Land Order Got No Reviews from Allahabad High Court

Home-buyers in Noida and Greater Noida will have to wait longer for their flats. The Allahabad high court on Monday dismissed the plea of the Noida and Greater Noida authorities seeking review of its earlier order requiring all projects in the area to get the NCR Planning Board’s approval. So, till these clearances are in place, buyers will not get possession.

However, there was some relief for the buyers as well, with the court striking down a review petition by a group of villagers who wanted the land acquisition quashed in a village where construction work had started. The ruling led to some farmers in Noida Extension taking to the streets and attacking housing projects. They blocked traffic for a few hours.

The court also stuck to its earlier ruling granting increased compensation as well as 10% of the developed land to farmers.

Both the Noida and Greater Noida authorities had filed applications seeking review of the order dated October 21, 2011 which requires the NCR Board’s clearances for projects. The authorities argued before the three-judge bench of Justices Ashok Bhushan, S U Khan and V K Shukla, there was no need for such approvals but the bench was not impressed.

The court also dismissed applications to review the order on providing 10% developed plots to farmers. The authorities said development work in the area was almost complete and there were no leftover plots which could be given to farmers. Appearing for the farmers, Kamal Singh Yadav opposed the review applications saying developed plots were available but was not being provided to farmers. On October 21, 2011, after hearing 491 petitions against land acquisition filed by farmers of 63 villages falling under Noida and Greater Noida, the Allahabad High Court had cancelled land acquisition in three villages where construction had not started.

The acquisition was undertaken by the authorities using the urgency clause in the name of industrial development. But later the land use was changed to residential and plots sold to builders. However, in 60 villages where substantial construction work was already done, the court did not quash the acquisition. Instead, it asked the authorities to increase compensation and provide 10% to the affected farmers.

Thus, while ensuring enhanced compensation to farmers, the court also took into account the interest of more than 50,000 people who had booked flats and houses in projects on the acquired land. Now, the two authorities have no other option but to take approval of NCR planning board whose meeting is scheduled later this month and pay enhanced compensation to farmers.

Talks Fails, GNIDA CEO faces ‘Hostile’ Crowd.

Greater Noida: 11 days left for the state government to work out an out of court settlement with Noida Extension farmers, the GNIDA has rushed talks but without success. The discussion between authority and the farmers of Patwari village failed on the issue of compensation, because back to back court orders quashing forcible land acquisition. The fate of 1 lakh houses in Noida Extension hangs in the balance.

The CEO of GNIDA Rama Raman, faced a hostile crowd of farmers, who said if the authority could not hike the compensation then there is no point of holding this discussion. They also accused the authority of trying dividing farmers by giving rehabilitations and other benefits to selected farmers, to weaken the movement against land acquisition.

Farmer leader said the authority is trying to play divide and rule policy by keeping land of some influential farmers. He told CEO, no out of court settlement could be reached out without hiking the compensation. The CEO said 4 bighas of land belonging to the village head would be regularized and not termed as encroachment.

The discussion between the authority and the Patwari village’s farmers failed on the issue of compensation. The authority wants to acquire the land and pay according to new acquisition and rehabilitation policy which allows the authority to give farmers bigger developed land plots, Rs 200 more per sqm as cash compensation, besides annuity payouts.

SC Comes to Rescue Noida Ext. Home Buyers

The developers of projects of Noida Extension will be refunding back money with interest to the buyers. The have also offered to shift buyers to their other projects being launched in the same area.  A bench of Justice G S Singhvi and Justice A K Ganguly has taken into consideration the plea of the people who booked the flats in these housing complexes which were being build by the seven builders. The court has made clear to these builders that they have to refund back the full amount with interest to the buyers.

The builders clarified that the full refund offer was open to all those buyers who had booked flats in housing projects of Sahberi village, where Noida authority had alloted land to builders without completion of the legal and acquisition process. Buyers seeking full refund outside that village will have to bear the cancellation penality as to they have to follow proper rules.

A spokesperson of CREDAI said, inspite of no fault of builders they are also being affected, but have decided to bear the loss and return full money with interest to the buyers. However, the builders are yet to get clear intructions from the greater noida authority on which portion of land comes under Sahberi village, which will take another two weeks. After that, developers will send formal letters to the affected buyers for option of shifting to other projects or full refund with relevent interest.

The Supreme Court Upheld the Noida Extension Order

The Supreme court had upheld the order of Allahabad High Court that had nullified the possession of Greater Noida Authority of land of Greater Noida in Shahberi Village. Also, Supreme Court had imposed a fine of INR 10 lakh on the Greater Noida Authority. The SC said the Greater Noida Authority bought lands from farmers for industrial projects but later they changed the land usage to residential projects which is a complete act of violation of the purpose of the land. The SC’s decision is likely to affect several builders – Amarpali, Ajnara, Mahagun, Supertech and Panchsheel.

On the contrary, Supertech Limited has not launched or sold any project on the land falling in this village. This village is closest to the project Eco Village2 but the current land of this project does not belong to this village. Construction is on for all the 3 projects – Ecovillage-1, Ecovillage-2, Ecovillage-3) in Noida Extn. Thus all the investments are fully safe and project would be completed on time. The Ecovillage housing are affordable with starting price as 9.85 lakhs.

So, Noida Extension’s loss will yield an unexpected gain for other locations such as Noida, Indirapuram, Vaishali, Vasundhara and Raj Nagar Extension?

Amrapali Leisure Valley launched in Noida Extension

Summer Storm over Kuala Lumpur
Amrapali group, one of the very recognized real estate developers in India have come up with yet another new project named as the Amrapali leisure valley which essentially is an integrated township of international standards. This township is spread over an area of approximately 100 acres. It is brought up to meet the growing housing demand in NCR. The township is very close to the bus terminal in the vicinity and also metro line is soon going to hit the area.

Amrapali Leisure Valley provides you with all the amenities which makes your home the most comfortable and attractive one to live in. It seems that this township will be a masterpiece since it offers a complete package of lifestyle to the consumers, and that too much closer to the city than expected.

Amrapali Leisure Valley is located in the latest prime location of Noida, i.e. the Noida Extension. The site is very well connected to the major locations of NCR. There are many reputed schools, professional institutes, IT companies and hospitals in vicinity.  The exact location is Sector 4, Noida.

Amrapali Group announces “Amrapali Leisure Valley” Independent Villas in Noida Extension

Till now Noida extension was only having war between budget home providers. Adding to the current construction war in Noida Extension Amrapali group recently added new Category “Independent villas“. Today In leading newspapers through Full page ad Amarapali Group announced a Project Having Luxurious Independent Villas in Noida Extension. Name of the project is yet not announced but According to the sources it’ll be called “Amrapali Leisure Valley“.It will have around 71 Acres of open area. At its name suggests It will have many Leisure facilities like golf,cricket academy, Club, Pool facility.

For More details and Booking Visit http://amrapalileisurevalley.propertywala.com/