Yamuna Expressway Homebuyers to Pay More

Those buyers have purchased land or luxury apartment along the Yamuna Expressway will have to shell out more as Uttar Pradesh cabinet Government on August 22 gave the right approval of a higher rate of compensation for farmers from whom the land was initially acquired.  After three years, the Bhatta-Parsaul land unrest and the series of proceedings have been monitored cautiously. This wise decision will be taken to earn extra payout of 6000 crore to farmers of 77 villages from whom 8,000 hectares was attained.

The decision is taken rightly by the government of 6,000 crore to farmers of 77 villages from whom 8,000 hectares was acquired. The UP cabinet got the approval 64% more compensation to farmers, which the Yamuna expressway industrial development authority will have given accurately. It has sensibly noticed that the authority will manage again this compensation from the allottees. Farmers will have to withdraw all their legal appeals and hand over the ownership of the land to this authority to benefit of this extraordinary hike.

Yet now, it has worked out how much extra payment, every buyer will need for a luxury apartment to pay more. It depends on the size of the residential plot and the numeral of luxury apartments. The UP cabinet resolution originates in the awaken of October 2011 Allahabad high court order, which directed all three authorities to pay larger compensation to farmers. Authorities of Noida and Greater Noida have previously decided to collect the extra payout from their allottess. 

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