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Allahabad HC seeks response over PIL for freehold properties in Gautam Budh Nagar, Real Estate News, ET RealEstate

Allahabad HC seeks response over PIL for freehold properties in Gautam Budh Nagar, Real Estate News, ET RealEstate
NOIDA: The Allahabad high court that heard a public interest litigation (PIL) on July 28 seeking freehold on properties in Gautam Budh Nagar has given three weeks’ time to the district’s development authorities and the state to respond on the matter.

The next hearing is likely to be held this month.

The Confederation of NCR Residents Welfare Association (CONRWA) had filed the PIL objecting to the 99 year leasehold system followed by the Noida Authority, Greater Noida Industrial Development Authority and Yamuna Expressway Industrial Development Authority.

“We had filed a PIL seeking that leasehold properties in Noida be made freehold. We submitted all relevant documents to state that there are no leasehold properties in any city of Uttar Pradesh or Delhi-NCR,” said PS Jain president, CONRWA.

“The Noida Authority board had given its approval on the matter earlier and it is now pending with the state,” Jain added. The demand for freehold properties was first raised by the Federation of Noida Residents Welfare Associations (FONRWA), which got it approved by the Noida Authority board in November 2018. Last year, the proposal was approved again. In Gautam Budh Nagar, all properties are leased out for a period of 99 years and an agreement is signed between buyers and the local authority stating the same.

Sushil Aggarwal, the founder member of FONRWA, who was one of the first to raise the demand, said: “Freehold policy has been in place for UP since 1995. It is applicable to all major towns and some industrial authorities have allotted freehold land to developers as well. The matter should now be expedited from the state government side, as barring Gautam Budh Nagar, no other place has a provision for 99 years leasehold on properties.”

A N Dhawan, former secretary general, FONWRA and one of the residents to draft the initial demand, said Noida Authority had given its approval in the matter after almost 10 years. “Residents are now waiting for a final nod from the state,” he said.

N P Singh, former president, FONRWA, said people have already paid a one-time lease rent and registration charges at the time of buying properties. “Now, imagine their family members going through the whole process once again to re-register their own property after 99 years,” he added.


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Written by Realty Beat

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