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Indirapuram Flat Owners Alert: GDA to Issue Additional Recovery Notices, Prepare for Significant Costs
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Indirapuram Flat Owners Face Hefty Bill: GDA to Issue Additional Recovery Notices
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News18
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02-03-2026, 10:19
Indirapuram Flat Owners Face Hefty Bill: GDA to Issue Additional Recovery Notices
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Supreme Court ruling mandates GDA to pay farmers compensation at 2020 circle rates, not 2014 rates.
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This decision increases GDA's burden from Rs 345 crore to over Rs 500 crore for land acquisition in Kanwani village.
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The additional Rs 500 crore will be recovered directly from existing and future flat/plot buyers in Indirapuram Extension.
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Over 150 allottees will receive notices for increased payments; new scheme rates could nearly double.
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Illegal constructions and banquet halls in the disputed Kanwani area face demolition by GDA within 6 months.
Read Full Article on News18 in Hindi
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