After taking legal opinion, the Greater Mohali Development Authority (GMADA) has finally filed a review petition against the Supreme Court (SC) decision to quash its acquisition of 102 acres in SAS Nagar for developing Sectors 76-80.
GMADA chief administrator AK Sinha confirmed the development and said the decision had been taken after taking legal opinion from Punjab state advocate general's office. "We have got a copy of the order following which we took legal opinion and have now decided to file a review petition," said Sinha.
Officials from the authority said the compensation offered to the farmers at Rs 10 lakh per acre in 2001 was adequate. Hence, GMADA had decided to file a review petition.
GMADA had acquired 1,264 acres in 2001 for developing Sectors 76, 77, 78 79 and 80, of which the major portion of the land whose acquisition has been cancelled is in Sector 79. However those not happy with the offered price moved court, following which the court quashed acquisition of 102 acres.
This came as a setback to around 350 allottees who have been waiting for possession of their plots in the said sectors for over 14 years, and till date continue to make rounds of GMADA office to know the fate of the project.
Meanwhile, even if the review petition is not entertained, GMADA will now have to acquire the land all over again, paying a much higher compensation as the new Land Acquisition Act mandates four times the market rate.
With the current rate at around Rs 2.5 crore an acre, a compensation of Rs 10 crore an acre would need to be offered, escalating the price over a 100 times since 2001, when it was Rs 10 lakh per acre on an average.