Image Source : MALL OF INDIA WEBSITE The DLF Mall of India is situated in Sector 18, Noida’s industrial hub.
Mall of India News: The Noida Authority has issued a discover to actual property developer DLF to pay Rs 235 crore as compensation to the earlier proprietor of the land on which the Mall of India has been constructed, a senior official stated. The DLF, nevertheless, stated it was but to obtain the communication.
The growth comes within the backdrop of a Supreme Court order on May 5 through which it had directed the Noida Authority to make sure fee of compensation for the land to its earlier proprietor Veerana Redyy.
“Yes,” Noida Authority CEO Ritu Maheshwari instructed PTI, confirming that the discover has been issued. Another senior official instructed PTI that the discover was issued to DLF on December 23 and the quantity needs to be remitted in 15 days.
ALSO READ: Delhi: Man units automotive on hearth over private enmity, 20 extra automobiles gutted in MCD’s multi-level parking
When contacted, a DLF spokesperson stated in a press release: “We have not received any notice. Once we get it, we will review it.”
The DLF Mall of India is situated in Sector 18, Noida’s industrial hub. The land the place the mall has been constructed was acquired by the Noida Authority, which features beneath the UP authorities’s Industrial Development Ministry, in 2005 from Reddy and was later auctioned to DLF.
A serious a part of the compensation to Reddy stays unpaid and the case reached the Supreme Court, in line with an official.
ALSO READ: Delhi faculties to be shut for winter break from Jan 1, lecturers to implement Covid protocol at IGI Airport
Latest Business News
