Dealers Selling Plots on Agricultural Land Notified for Airport

Jewar Airport Land

NOIDA: Property agents are selling residential plots on the agricultural land notified for Noida International Airport project at Jewar along the 165 km long Yamuna Expressway even though the authorities have not formalised the project yet.The Union civil aviation ministry had on June 24 given its approval to build an international airport at Jewar.

Now, the Yamuna Expressway Industrial Development Authority (YEIDA) has sought ₹2,000 crore from the state government to acquire the initial 1,000 hectares of agricultural land. On the whole, the project requires 5,000 hectares.

Agents are offering one bigha (around 650 square meters) of land for ₹13 lakh with the promise that the government will acquire it for ₹23 lakh within a year. They promise ₹10 lakh return for a bigha. To lure the buyers, they are sending messages on Whatsapp claiming their scheme has been approved by the government.

The Yamuna Expressway Industrial Development Authority (YEIDA) officials said such sales are illegal and they will take legal action against those cheating buyers. The authority also advised the buyers not to fall into the trap.

When contacted, a property dealer said, “I am a property agent and my office is in Noida’s sector 7. The deal I am offering is legal and will give huge return. If you invest in the land, you will get ₹10 lakh return within a year for 1 bigha land. And if you want to invest in land near the airport site but not earmarked for the airport, I can offer that at the rate of ₹7 lakh for 1 bigha”.

In the advertisement package that those agents forward on Whatsapp, they claim that the Airport is approved by the government and their scheme is also “legal”.
They have also attached newspaper cuttings of Hindi newspaper to win over the trust of a buyer. Many property agents are roaming in villages and around Greater Noida to make more people buy the land.

“An agent contacted me and said that I will get the property registry executed directly from farmers of agricultural land notified for airport. He said that after mutation of the property, buyer will become eligible for land compensation too,” said Lokesh Sharma, a resident of Habibpur, Greater Noida.

The YEIDA is likely to lodge an FIR against the agents.
“I am gathering phone numbers, names and addresses of such agents. I have ordered for filing of an FIR against such agents. I advise nobody should buy land or plots and fall into the trap. Also, selling residential plots is illegal without approval from the authority,” said Arun Vir Singh, chief executive officer, YEIDA.

courtesy from:

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