SHRI HIRA LAL CHAWLA vs STATE OF U.P. .

The Supreme Court, in a writ petition under Article 32, addressed the allotment of land by the New Okhla Industrial Development Authority (NOIDA) for residential purposes. The Court held that the area to be released should be 96.29 acres with revised plot sizes, allowing the Authority to charge Rs. 1,000 per square metre instead of the market rate of Rs. 1,200. Additionally, it mandated that allottees who deposited money would receive 12% interest on their deposits until actual allotment, with strict payment timelines to avoid disqualification.