BEST SOLUTION in PRESENT SCENERIO: BARGAIN WITH FARMERS EVEN AUTHORITY NEED TO PAY 3000 per/m2 extra still conditions does not seems to be so bad if buyers has to pay as I am considering many facts with buyers. If anything goes wrong then buyers will be in more loss in legal battle it is sure.

CONSIDER ECONOMICS: 6 months delay projecy will cost most of us 1 laks rupee as 20 lakhs loan per flat consideration. It seems to be more normal now. Now calculate if GNA is ready to pay that money to farmers and bargain in a good way and they agree at 3000 rs/m2 more compensation then how much we need to pay extra:


1000 hectaor land x 10000 m2 x 3000 extra cost / 300000 flats = 100000 Rs. if it is distributed most on future buyers and rest on current buyers amount will be not big and all could be happy.. Look for SOLUTION for practical resaon...

Rs. 1 lakh is not a big amount for solving this scenerio instead of taking all these hurdels and even in last even you are not sure about outcomes...
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  • I have a better idea.

    1) Let Authority return the land to Farmer

    2) Let Authority return money to the Builder.

    3) Let Builder buy the land directly from Farmer.


    This way flat buyer would need not pay anything and builder can strike the deal at much lesser rate with farmer, hence more profit margins!

    What do you say guys?
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  • Originally Posted by alok_1978
    BEST SOLUTION in PRESENT SCENERIO: BARGAIN WITH FARMERS EVEN AUTHORITY NEED TO PAY 3000 per/m2 extra still conditions does not seems to be so bad if buyers has to pay as I am considering many facts with buyers. If anything goes wrong then buyers will be in more loss in legal battle it is sure.

    CONSIDER ECONOMICS: 6 months delay projecy will cost most of us 1 laks rupee as 20 lakhs loan per flat consideration. It seems to be more normal now. Now calculate if GNA is ready to pay that money to farmers and bargain in a good way and they agree at 3000 rs/m2 more compensation then how much we need to pay extra:


    1000 hectaor land x 10000 m2 x 3000 extra cost / 300000 flats = 100000 Rs. if it is distributed most on future buyers and rest on current buyers amount will be not big and all could be happy.. Look for SOLUTION for practical resaon...

    Rs. 1 lakh is not a big amount for solving this scenerio instead of taking all these hurdels and even in last even you are not sure about outcomes...



    Giving more money is not the solution. If authority will do this they will ask further more and more.... The main problems are the CONGI goons behind them. So the best solution is that to catch those goons and lock behind the bars.
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  • If builders buy land from farmers then it will be very bad.. Because, then it can not be planned in that way also there will be no development as proposed like as METRO so big raods.. It will become simple very bad unplanned private colony as we seen in many cities... Infrastructure development raise the price which only goverment can provide in a better way...
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  • As per my understanding GNA will work as per these steps.

    1st step : File a case in SC for reviewing the verdict.

    2nd step : Start fresh land acquisition of the same land using modified policy better than Haryana. Totally legal this time, this may take some time but this looks like the only solution. Authority has no right to increase the allotment rate and collect more money from buyers/builders.
    Builder themself can offer some money to farmers who do not accept the compensation offered by govt.(Hidden deal)

    3rd step : If unsucessful in 2nd step then allotment of similar size plots in Greater Noida which are Litigation free.
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  • All these process with clause 5 will take more than a year because farmers are not ready to return money... Even it may take years and builders per SC order will return the money for that they will show they are bankrupt..

    GNA can offer then money based upon behalf of builders becoming a party in this settlement..

    Reaquistion is not a solution only a way to proceed a case for many years for buyers even with no security...
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  • i think even if a settlement is reached by negotiations there would be increased cost payable to farmers, whatever be the quantum, by the Authority. They are most likely to pass it to the builder who in turn would pass it to the flat buyers who are already stretched to the maximum.
    courts have cleverly side stepped the complications of addressing the various conflicting demands of stake holders although it is the courts who have spoiled the peace of mind of lakhs of flat buyers and others for no fault of their own.
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  • GNA authority will do nothing despite being main culprit .... but Maybee builders having much higher stake can negotiate with farmers with GNA being party to the negotiations . They both can settle .... Even the chairman of Amrapali ( Mr Agarwal) has confirmed on national TV that the NE Builders jointly are willing to pay some reasonable amt to farmers and continue with the projects without any extra burden on buyers .....

    The bigger question to ask here is what amt is reasonable amt wherein both parties ( Builders and Farmers ) agrees.

    Originally Posted by rpanand25
    i think even if a settlement is reached by negotiations there would be increased cost payable to farmers, whatever be the quantum, by the Authority. They are most likely to pass it to the builder who in turn would pass it to the flat buyers who are already stretched to the maximum.
    courts have cleverly side stepped the complications of addressing the various conflicting demands of stake holders although it is the courts who have spoiled the peace of mind of lakhs of flat buyers and others for no fault of their own.
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  • First of all the farmers should reach a concensus and stop giving varied comments....their intent should come out as a single unit....unless they are clear wat they want...nothing can be done.....

    Farmers are illiterate and have become 'BAAWLA' wat to do wat to do types...each farmer is thinking that he has become a king and he alone can take the country for a ride....

    unless and until they fix a rate that they want...nothing can be done....
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  • That is the problem..it is a pathetic state of affair in India..that even an institution like HC has to resort to..judaad...compromise solution...
    The HC should have directed the government to come up with a proper policy...based on circle reate kind of a deal for farmers and then..offer the same to the farmers.
    It is not like buying vegetables in the market...or electronics from Gafar market...just negociate and negociate..without considering the fact if the demand / offer is reasonable or not.
    What if 1 farmer whose land is in a critical place...just refuses to sell his land and asks for something tooooooooo steap....just like someone had done in Gurgaon....DLF had a real time negociating with him..and in the end he sold/leased it at a very high price...and asked the statues of this parents to be erected there. Believe me the 2 statues are still present there, just across the road opposite the ship building..i personally saw it once when i was there!!!
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