JUDGEMENT
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(1.) Heard learned counsel for
petitioner and Sri Pradeep Kumar, learned
counsel for respondents.
(2.) By this writ petition, the petitioner
has prayed for a direction to the respondents
to impose and accept the extension charge
according to Clause P of the lease deed dated
30-12-1998, and to extend the time for
completion of the constructions of the building
over Plot No. 1, Block-F, Sector Alfa,
Greater Noida, Gautam Budh Nagar. He has
also prayed for a direction to calculate the
total premium of the plot at the rate which
was provided at the time of execution of lease
deed.
(3.) The Greater Noida Industrial Development
Authority (in short the Authority) is
a body corporate constituted under Section
3 read with Section 2(d) of the U.P. Industrial
Area Development Act 1976. The petitioner
was allotted Plot No. 1 situate in
Block-F in Sector Alfa, Greater Noida by
Greater Noida Industrial Development Authority,
measuring 200 square meters for
construction of residential building. A lease
deed dated 30-12-1998 was executed by the
Authority in favour of the petitioner for a
period of 90 years commencing from the date
of execution of the lease deed at a premium
of Rs. 94,248/-. Clause II (p) of the lease
deed provides that the lessee shall have to
erect and complete the building on the
leased land within a period of three years
from the date of execution of the lease deed,
unless extension is allowed by the lessor in
exceptional circumstance and on such conditions
as it may impose. The lease deed
further provides in Clause II(q) that in case
the lessee does not construct the building
within the time provided for above, the deed
of lease will be void and his interest in the
property will determine. However, in exceptional
circumstances extention can be allowed
by the lessor or any officer authorised
by him subject to fulfilment of such conditions,
charges as he may impose for the
same.;
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