Kailash Chand invited cousin Joginder last night at his Bisrakh residence to settle a long pending property dispute, they said.
After a heated debate, Joginder murdered Kailash with a sharp edged weapon and dumped his body near Ghaziabad highway, police said adding, the body was recovered near Vijay Nagar area this morning.
According to police, Kailash's father Fauzi too was murdered a few years ago over a property dispute.
A case has been registered against Joginder and efforts were being made to arrest him, police said.