U.P. Resi. Emp. Co-Op. House B. Society ... vs New Okhla Indus. Deve. Authority And ...

The Supreme Court reiterated that the surplus 9.68 acres of land would revert to NOIDA, and the society cannot utilize it for accommodating 242 members who failed to make payments due to financial incapacity. The Court held that NOIDA should prepare a housing scheme for these members, ensuring low-interest loans and accommodating them based on their financial capacity. The Court emphasized the need for a liberal approach given the significant rise in land prices, allowing NOIDA to ascertain the requirements of the members and proceed with the housing scheme accordingly.