The Rawal family in a Greater Noida village got Rs 1.9 crore from the government two years ago for their 59,440 square metres of land.
If they could sell the plot at current market prices today, directly to the companies building townships in the area, the Rawals could have been richer by up to Rs 119 crore.
Anger at the huge mismatch simmered inside Gopak Rawal and many other land-sellers from 10 local villages till it erupted into yesterdays protests when police firing killed at least three of them, including Gopak.
The farmers knew they could no longer benefit from the steepling market rates, but were demanding an increased compensation that the Uttar Pradesh government had announced in April last year.
More : telegraphindia.com
Send an E-Mail for Noida Property Enquiry!
Related News from Noida
Gulf Gerig
Gulf Gerig is a location in Noida in India. If you have seen Gulf Gerig , then write us a review comment or your experience about this site in Noida. This site is to provide information to visitors to this place. Your comment about Gulf Gerig is important to us. Please provide you comment / review / article on Gulf Gerig in Noida below.
Indo Gulf Diagnostics
Indo Gulf Diagnostics is a location in Noida in India. If you have seen Indo Gulf Diagnostics , then write us a review comment or your experience about this site in Noida. This site is to provide information to visitors to this place. Your comment about Indo Gulf Diagnostics is important to us. Please provide you comment / review / article on Indo Gulf Diagnostics in Noida below.
LJP move to free land acquired by Mayawati
The Lok Janshakti Party will launch a free land movement on Wednesday at Badalpur village in Uttar Pradesh, where Chief Minister Mayawati has acquired land reportedly for construction of a helipad and other structures. LJP chief Ram Vilas Paswan told reporters today that his party workers will go for the Bhoomi Mukti Andolan from the national capital in large numbers to the village and free the land grabbed by Mayawati. Dalit Sena national president Ramchandra Paswan and other senior leaders of the party will go to the village on August 13 and begin the movement. Moreover, all the district units
Surging real estate mkt in Noida
Noida seems to have beaten Mumbai on land prices – according to a recent commercial auction, touted as one of Asias most expensive. The land price at Rs 6 lakh per sq metre – thats what the Noida authority has auctioned a commercial plot of land. Not surprisingly, this land deal is being touted as one Asias most expensive. When Reliance Industries paid Rs 1 47 lakh for a 75 thousand sq metre plot in Bandra Kurla complex in Mumbai, it was one of the biggest land deals the country saw. Now Noidas land prices making big news. The 136
Gejha Village it is village of sh. gunbir singh awana
Gejha Village it is village of sh. gunbir singh awana is a location in Noida in India. If you have seen Gejha Village it is village of sh. gunbir singh awana , then write us a review comment or your experience about this site in Noida. This site is to provide information to visitors to this place. Your comment about Gejha Village it is village of sh. gunbir singh awana is important to us. Please provide you comment / review / article on Gejha Village it is village of sh. gunbir singh awana in Noida below.
Greater Noida land rates hiked
The Greater Noida Industrial Development Authority (GNIDA) board hiked the minimum rates for all categories of land, in an important decision taken on Tuesday evening. Residential allotment rates, for instance, have been raised from Rs 5,900 per sq m to Rs 10,500 per sq m. The group housing land rates have been hiked from Rs 5,900 per sq m to Rs 10,000 per sq m. The minimum rates of industrial land will be Rs 3,000 per sq m, up from Rs 1,400. The minimum commercial rates are up from Rs 12,000 to Rs 20,000. The average rise in the Greater
What happens to acquired land in Greater Noida? Authority has little to say
The farmers of Greater Noidas Bisrakh village have received fresh ammunition in their movement against the Greater Noida Authoritys decision to acquire their ancestral land. The new lead has come from the Right To Information Act: an application has revealed that the planners do not know of what is to come up on the farmers land. Applicant Rampal Bhati, a resident of Bisrakh, had filed the RTI on April 16, asking the Authority about its plans for his land which it had wanted to acquire. The Authority has notified the land as illegal without knowing that this is our ancestral