THE Gregorio Araneta University Foundation lost its claim to two parcels of land in Caloocan City after the Supreme Court affirmed a lower court?s decision canceling the land titles issued to it.

The high court?s First Division affirmed the decision by a Caloocan City court against the university, which had been claiming ownership of lots 54 and 75 of the 50-hectare Gonzales-Maysilo Estate.

In 1999, the Court of Appeals had also affirmed the lower court?s decision, which was handed down in August 1986. That decision rejected the foundation?s claim over the property, but also ordered new titles issued to the heirs of Gregorio Bajamonde over lots 54 and 75.

?We find the present petition unmeritorious,? the high court said in the decision written by Associate Justice Teresa Leonardo-De Castro.

The Court said the titles issued to the foundation were illegal because those had been based only on an agreement.