DLF Major Loss Towards 11Acre Of Prime Land

The top realty developer has recently faced a setback when the High Court of Punjab and Haryana ordered to hand over 11 acres of land to the Park Place Residence. Considering the violation of floor area ratio (FAR) and intruding on the land belonged to Park Place, the High court has issued a 158-page judgement in this case.

A legal case by the Resident Welfare Association of DLF Park Place was filed suing DLF for developing another luxury property – ‘The Crest’.  A bench comprising Justice Tejinder Singh and Chief Justice SJ Vazifdar made this judgment on December 2, 2016. These 11-acres are valued at around Rs. 600-700 Crore which DLF is supposed to return. The residents of Park Place shall get benefited by 65% of more land as revealed by Mr. Harsh Sehgal, President of DLF Park Place Resident Welfare Association.

DLF Park Place has 988 residential units with 2.2 million sq. ft. saleable area. 10 towers with 19-20 floors each are spread across an area of 30 acres of land. The project was launched in 2006 with apartments ranging from 1875 sq. ft. to 2550 sq. ft.

The promotional brochures and documents by DLF also claimed that the project is spread across an area of 30 acres. However, the deed declaration submitted in 2012, the developer mentioned the area as 19.33 acres of land. Subsequently, the project was launched in 2013. In the later part of 2013, the project ‘The Crest’ was also launched by the DLF developers.

The RWA DLF Park Place filed a petition in 2013 against the launch of ‘The Crest’. According to them ‘The Crest’ was launched in the area allocated to Park Place. In response to their petition, Punjab and Haryana High Court refrained DLF for the marketing of ‘The Crest’.

DLF then approached the Supreme Court and got the stay vacated over the marketing of ‘The Crest’.  After several attempts at apex court by RWA, the Supreme Court bench presided by Chief Justice T S Thakur returned the case to High Court in August 2015. DLF explained earlier that the Crest project has been launched in a separate land.

Another blow faced by DLF, when Supreme Court restrained it from creating a third party right on land where ‘Mall of India’ has been constructed in Noida Sector – 18.  An appeal was filed by several land owners stating the illegal acquisition of land that has been executed by DLF under Land Acquisition Act.