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SC asks Noida banks to inspect allotted plots

Posted on April 24, 2012 by Deepti

New Delhi: The Supreme Court on Monday directed the managers of the banks, facing eviction from residential areas, to inspect on Tuesday the plots allotted to them by the New Okhla Industrial Authority (NOIDA).
A bench of Justices Swatanter Kumar and Ranjana Desai told the banks that their managers should get in touch with the manager of NOIDA and conduct a joint inspection of the plots allotted for them to shift out of the residential areas. Over 120 branches of banks are facing eviction on the basis of an apex court judgment which had ruled that commercial operations in residential areas were prohibited under the NOIDA Master Plan and had given marching orders to banking institutions, nursing homes and other business entities operating from houses in residential sectors of the satellite town of the national Capital.
NOIDAs counsel said that 77 plots were allotted to the banks but there were many which had not been opted for by the banking institutions. Bank branches had complained that the plots were located in secluded areas unsuitable for banking operations.
The nursing homes operating from residential areas and facing eviction have also sought relief from the apex court. Their case is being heard separately.  Source>>>

This entry was posted in Latest News and tagged allotted plots, New Delhi, New Okhla Industrial Authority, Noida banks to inspect, Noida Master Plan, residential areas, SC asks Noida banks, Supreme court. Bookmark the permalink.
← Spaza Palazo at Gurgaon
MCD plans to double demolition charges Action on 10 properties →

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