Nerul plot that fetched Cidco record amount in legal trouble?

One of the three recently auctioned Nerul plots, which fetched Cidco a record Rs 2.81 lakh per square metre, is likely to get entangled in a legal battle.

This is because a Karavegaon resident, Vijay Kashinath Tandel, who has been fighting Cidco in court, has put up a board on plot number 70 in Nerul's sector 44A, saying the owner of the land and Cidco are locked in a legal tussle.

Tandel's claim was denied by a Cidco official, who said there was neither a stay on the plot nor any court case related to it.

Cidco recently netted Rs122 crore from selling 4,500 sq m area (3 plots) in sector 44 A. Of the three, plot numbers 69 and 70 were sold for Rs 2,81,251 per sq m. Plot no. 70 has an area of 1,502.04 sq m, which means it's worth over Rs 40 crore.

"We have been fighting Cidco for quite some time now. There was a stay on this plot from 2000, which was vacated in 2012. Our demand was that after Cidco acquired our land, we should be given a similar plot under the 12.5% scheme. But as of now, we have not received a plot. The matter is before the Belapur court and the next hearing is scheduled for February 27," said Tandel.

"Despite the court directive not to sell this plot to any third party till our family had been rehabilitated, Cidco went ahead with its plan. When we came to know about the auction, our advocate wrote to Cidco, but it went ahead with the sale," Tandel said.

His lawyer, Sunil Mokal, too, confirmed that the matter was pending before the court.


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