Trouble for Buddh International Circuit due to Greater Noida Land Acquistion issue

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Farmers in Greater Noida are agitating on the issue of Land acquisition by Government.

The villages of these farmers are near to Yamuna Expressway and Buddh International Circuit, Greater Noida.

The anger had led to the violence in the area. Government get benefited from their land is their slogan and they want more compensation for the same.

The bloodbath in Greater Noida can extent to the F1 circuit warns farmer.

This is the major cause of concern for the Jaypee Group, as their project is already on the verge of crossing the deadline would get delayed if the agitation reached the circuit. This could hamper the Indian image across the entire motorsport world. The final deadline by FIA for the circuit inspection is at the end of July thus if worked halted then it would be almost impossible for the Indian GP officials to complete the work.

Already the F1 is concerned related to circuits in Bahrain and Japan. Indian GP Circuit if canceled could lead to $100million loss (including Bahrain and Japan) to F1 in the fees itself.

Executive Chairman of Jaiprakash Associates Manoj Gaur clarified that "all the land required for development of the Yamuna Expressway and Formula One Motor Racing track at Dankaur near Greater Noida has been acquired and mutually agreed compensation paid to farmers. There is no land acquisition going on for any project of Jaypee Group in this area." Farmers have been agitating over better compensation against land acquired by the state government.

Their contention is that the government acquired land from them at prices as low as Rs 450-850 for a sqm but sold those later to private developers at Rs 4,500-5 ,500 per sqm. These developers are now selling the same land at Rs 15,000 - 17,000 per sq yard. An official in the Greater Noida Industrial Development Authority said, "If even one of the farmer goes to court and manages to obtain a stay, some of the projects will be stalled." In August, 2010, farmers had agitated in Tappal in Aligarh, Mathura and Agra against land acquisition for the Yamuna Expressway and some townships being built by JP Infratech. This time again, the agitation has spread from Bhatta and Parsaul villages in Greater Noida to Tappal in Aligarh and beyond to Agra as well.

The track falls in Dhankaur area of Greater Noida, which is about 9 km from the Bhatta-Parsaul village. Thus, while the work on Yamuna Expressway has slowed down after the agitation, authorities have shifted their focus on the construction of the track and are working day and night with a large labour force to ensure there are no hindrances in its completion.

The state government has increased the security for the under-construction race track after Saturday’s agitation at Bhatta-Parsaul and in the wake of warning by Manvir Singh Teotia that farmers would march towards the under-construction track to mark their protest against low compensation rate provided to them at various locations under Yamuna Expressway Industrial Development Authority.

Apart from the police, even private security guards have been hired by the group. Sources in the company say around 6,000 workers and over 250 engineers are working round-the-clock to ensure early completion of the Rs 1700-crore project.