Noida Authority issues ₹235-crore payment notice to DLF over Mall of India land compensation
The Hindu
The DLF, however, says it was yet to receive the communication.
The Noida Authority has issued a notice to real estate developer DLF to pay ₹235 crore as compensation to the previous owner of the land on which the Mall of India has been built, a senior official said here.
The DLF, however, said it was yet to receive the communication.
The development comes in the backdrop of a Supreme Court order on May 5 in which it had directed the Noida Authority to ensure payment of compensation for the land to its previous owner Veerana Reddy.
"Yes," Noida Authority CEO Ritu Maheshwari said, confirming that the notice has been issued.
Another senior official told PTI that the notice was issued to DLF on December 23 and the amount has to be remitted in 15 days.
When contacted, a DLF spokesperson said in a statement: "We have not received any notice. Once we get it, we will review it."
The DLF Mall of India is located in Sector 18, Noida's commercial hub.
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