Hi Guys,
With no clarity on the fate of projects in sector 7.x, what should be our stand on the installments/payments due for these projects? It is true that there is no court case against these sectors right now but not sure for how long.. as the farmers are threating to go to High Court every now and then.

Please suggest
Read more
Reply
3 Replies
Sort by :Filter by :
  • Originally Posted by amithal
    Hi Guys,
    With no clarity on the fate of projects in sector 7.x, what should be our stand on the installments/payments due for these projects? It is true that there is no court case against these sectors right now but not sure for how long.. as the farmers are threating to go to High Court every now and then.

    Please suggest


    Stop all the payments till 5th August. Farmers dont stand a chance in Noida and hence arent moving to the court.

    Wait and watch is the best policy and at the same time join a group of buyers in ur project and show some unity by telling the builder that all of you are stoping the payment till things get clear. Also convey to the builder that you are not going to accept more than one month's delay in possession due to all this drama.
    CommentQuote
  • CommentQuote
  • Farmers moved to court on eway





    There is bad news for an estimated 300,000 homebuyers and homeowners along the Noida-Greater Noida Expressway.
    Farmers of Shahdra village (Sector 41), located along the highway, on Wednesday moved the Allahabad High Court, seeking quashing of “forcible“ acquisition of 108 hectares of land.
    Other villages along the link have threatened to follow suit.

    On Friday, 400 farmers of 24 villages along the Expressway had held a mahapanchayat at village Shahpur and announced they would move court. Farmers have now said they would stall all real estate projects along the highway if their demands for increased compensation and developed plots were not met by July 31.

    “Farmers of Sutyana village (sector 137), who owned land in Shahdra, moved court on Tuesday. Farmers of village Shahdra, followed by other villages along the Expressway, will also move court, seeking quashing of land acquisition,“ said Kisan Sansh Samiti ssperson Mahesh Awana.

    Several builders, including Jaypee Group, Unitech, 3C and Purvanchal Group, are building houses along the expressway.
    Apart from houses, hospitals, schools and commercial establishments are also being set up along the 6-lane highway, running up to 24.5 km. This is a major setback for the Noida Authority as chairman Balvindar Kumar had on Tuesday visited Shahdra and held a meeting with farmers.

    Meanwhile, farmers agitating in Noida sectors on Wednesday threatened they would stall all construction projects in the city from August 5, if their demand for increased compensation were not met by then. Noida chairman Balvindar Kumar, despite his daily visits to protesting villages, has not been able to promise hike in compensation already paid.

    The Noida Authority has said the demands had reached a near-impossible level.
    CommentQuote