STOCK MARKET BSE NSE

Supreme Court breather for HMRL in property acquisition issue

Hyderabad Metro Rail project has got a major relief in Supreme Court in connection with acquisition of certain properties in Nampally and other areas on Friday.

Published: 02nd April 2017 05:31 AM  |   Last Updated: 02nd April 2017 05:31 AM   |  A+A-

By Express News Service

HYDERABAD: Hyderabad Metro Rail project has got a major relief in Supreme Court in connection with acquisition of certain properties in Nampally and other areas on Friday.

While land acquisition awards passed by the Revenue authorities under the old Land Acquisition Act in the third week of Dec 2013, the owners of these properties approached the High Court that the awards were predated and that they should be paid compensation as per the new LA Act, which came into force from Jan 2014.

Though the High Court observed that the awards were not predated and that they were correctly passed, it nevertheless asked the state government to pay compensation as per the new 2013 LA Act.

Challenging the HC order in the Supreme Court, HMRL and the Telangana Government requested the SC to allow them to take possession of the affected properties as per compensation pattern under the old Act and assured the Supreme Court that they will pay compensation as per the final judgment of the Supreme Court regarding applicability of the old or the new LA Act.

Attorney-General of India, Mukul Rohatgi, solicitor general Ranjit Kumar and advocate general of Telangana, K Ramakrishna Reddy argued the case on behalf of state government and HMRL. After hearing their arguments and the assurance given by the AG, Supreme Court allowed the state government to take possession of the affected properties and proceeded with the Metro Rail project works, subject to payment of compensation as per the final judgment of Supreme Court. With this, the balance 11 affected properties in Nampallyand Ameerpet will be taken possession and the Metro Rail works in these areas will be speeded up, HMRL managing director NVS Reddy said.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp