The petitioner has submitted that his father was owner of the land which was acquired by HSVP for the development of Sector 52, 55, 56 and 57 in the Urban Estate Gurgaon.
In past seven years, no land allotment has been made by the JDA. In 2013, the authority allotted land to 13 institutes, including religious group and government.
Proceeds from the green loans will be used to finance the development of its green-certified International Tech Parks in Chennai, Gurgaon and Pune.
The Rail Land Development Authority (RLDA) has invited online bids for a 45-year lease. The reserve price for commercial development is fixed at Rs 24 crore.