CM gifts land worth Rs 5,500 cr   Independent houses near kukatpally | Apartments in Pragathi Nagar | AndhraVaani.com | Log Out | Topics | Search
Register | Edit Profile

Bewarse Talk � Archives - 2007 � Cine Talk - Reviews, Gossips, Insider Info etc. � Archive through March 13, 2007 � CM gifts land worth Rs 5,500 cr � Previous Next �

Author Message
Top of pagePrevious messageNext messageBottom of pageLink to this message

Pokiriraja
Desanike Pedda Bewarse
Username: Pokiriraja

Post Number: 7925
Registered: 02-2005
Posted From: 125.17.83.109
Posted on Tuesday, March 13, 2007 - 8:25 am:Edit PostDelete PostView Post/Check IP

Hyderabad: While charging the previous N Chandrababu Naidu government with having gifted away land to private parties including IMG Bharata Academies for a song, the current Y S Rajasekhara Reddy government too has given away about 4,226 acres of prime land to various organisations either free of cost or at a throwaway price. Assessed by market value, the value of such land given away would total about Rs 5,500 crore, sources estimated.

The YSR government has justified the land given to some organisations by invoking Board Standing Order (BSO) 24. Under this order, “government land can be alienated for public purposes like schools, temples, choultries, roads and office buildings of local bodies on payment of full or concessional value or free of cost.” Invoking this order, the YSR regime has given away free land to the following organisations: 200 acres for Ratnala Aabharanala Park; 100 acres for pharma university, 670 acres for IT Parks, 104 acres for Raheja Corporation, 107 acres for Wipro Technologies; and 1,100 acres for a Dubai IT company. One acre was given to Don Basco Society in Visakhapatnam for Rs 50,000; for Rs 3 lakh an acre to the following: Lakkireddy Bal Reddy Charitable Trust at Mylavaram in Krishna district (7.2 acres); 19 acres for Ramkey Engineers; 26 acres for DLF New Delhi, 19 acres for Embiyans and 65 acres for Indu Projects at Kukatpally, Hyderabad.

At Rs 14 lakh an acre when the market rate is almost Rs one crore per acre, 59 acres were given to 14 IT companies in Vizag; 57 acres for Satyam Computers in Vizag; 285 acres for Emmar Properties in Gachibowli; 100 acres for Mega Chemical IT and Hardware; 50 acres for Gundeva Properties (Vizag); 20 acres for Apollo Healthcity (Vizag); seven acres for Yashoda Healthcity (Vizag), seven acres for Care Healthcity (Vizag); 100 acres for the Aga Khan Foundation in RR district; 30 acres for Google in RR district; 1,000 acres for Genome Valley; and 12 acres for Amusement Development Corporation.

Make Hay...

200 acres for Ratnala Park 107 acres for Wipro 1,100 acres for Dubai IT company



GREAT ANDHRA VAARI SOUJANYAM THO
NANADAMURI TARAKA RAMUDIKI HANUMANTHUDHINI NENU