Hyderabad, June 30: The Andhra Pradesh High Court on Monday granted an interim stay on the acquisition of railway properties between Tarnaka and Sangeet Crossroads. The Hyderabad Collector had issued a notification for the acquisition of these properties on the request of Greater Hyderabad Municipal Corporation to lay an Inner Ring Road to ease traffic congestion on the stretch. South Central Railway authorities held discussions with the government and the GHMC to get a better compensation deal with the government for transfer of their properties. The SCR approached the court seeking a direction that the court stay the land acquisition proceedings. The SCR contended that the present market value of the land to be acquired was Rs 30,000 for a square yard and the total worth comes to around Rs 147 crore. Mr H.K. Padhee, general manager of the SCR, informed the court that they had agreed to transfer the land for road widening programme at a meeting with the Chief Minister, Dr Y.S. Rajasekhar Reddy in June last year. Mr Ravindran, additional attorney general, and Poluri Bhaskar, who argued on behalf of the SCR before Justice Rohini, contended that the state government had no jurisdiction to acquire properties belonging to the Centre without its prior consent. They submitted that the SCR was prepared to transfer the land but it needed a proper valuation of the property. Justice Rohini granted two weeks stay and asked the respondents to file their counters within that period. The case was posted to July 14. Farmers' plea ousted The AP High Court dismissed a petition filed by farmers of Makavarapalem mandal in Visakhapatnam district challenging the land acquisition to establish an industrial park. The state government had proposed an industrial park on 1,838 acres at Makavarapalem mandal and had entered into Memorandum of Understandings (MoUs) with Ras Al Khaimah of United Arab Emirates and Jindal South West Holdings Ltd to set up Alumina and Aluminium refinery. After signing the MoU with the AP government, the Ras Al Khaimah government incorporated Rak Aluminium Limited, which would set up refinery and smelter to produce about 2.5 lakh tonnes of aluminium per annum with a capital outlay of Rs 90,000 crore. Mr R. Venkateswar Rao and 24 others filed the petition in 2007, seeking a direction to stay the land acquisition process. Later, the petitioners themselves filed affidavits in the High Court that they have received proper compensation from the government. Dealing with the petitions Justice G. Rohini dismissed the writs observing that it was brought to the notice of the court that compensation amount was distributed to the petitioners. The writ was dismissed as the matter became infractuous.