Sc and allahabad hc cancelling noida plot allottments;
mayawati paid rs 850.00 per sq mtr to farmers
collected 10500-11000 per sq mtr from builders;
builders raised money from flat buyers, banks at exhorbitant amounts and rates.
;now neither land can be reused by farmers when they get back, as it is no more useful for farming till tilled, who will bear demolition cost?.
it is clear all are losers ; farmers; builders; banks; public who bookes flats; financial institutions who lent money; suppliers whose payments will be blocked;
ultimate winner ; bahenji mayawati ,
what a joke on nation