Reserved additional land for setting up transformers in Vaishali and Kaushambi would be allotted to owners of adjoining plots, Ghaziabad Development Authority (GDA) has said.
The authority board was approached by Chayya Public School in Vaishali with the proposal to be allotted the additional land, which has been reserved for the transformer, GDA president Santosh Kumar Yadav said, addressing the media after a board meeting on Friday.An inspection was undertaken which revealed that the additional land was available at the transformer site. The GDA board then approved the allotment of 353 sq. m to the school, Yadav said.
Additional land will be allotted to the school at the rate of Rs69,000 per sq. m, which will generate an income of Rs3 crore, he added.In a survey, done later in Vaishali and Kaushambi, it was revealed that 21 transformers had extra land reserved for them, he said, adding that the additional land will be allotted to the nearby land owners.Yadav also said that the eighth Metro station near Hindon River at Dilshad Garden-New Bus Adda Metro route will be Raj Nagar station.
With the inclusion of this station, the cost of the project will escalate by Rs50 crore, to make up for which the GDA approved imposition of an additional fee.