Saturday, August 30, 2008

Land auction fetches 13 cr

Land auction fetches 13 cr
DH News Service, Bangalore:
To raise funds for infrastructure projects, the Revenue Department on Friday began auctioning of prime government land in Bangalore, amidst protests from various organisation against it. As many as 27.28 acres were auctioned for Rs 13.06 crore at Bangalore urban district office.

The police was forced to take nearly 200 protesters, mainly members of Dalit Sangharsha Samithi and CPM, Samatha Sinika Dal and Prajavimochana Sangha at the venue when they tried to break the police barricade to prevent the auction. The protesters demanded that the government should not auction land and, instead, distribute it to the poor in the form of residential sites.

They were released later in the evening after the auction was over.

Of the 30 plots located at Anekal, Bangalore North (additional), Bangalore South and Bangalore East taluks, 19 were auctioned. There was no takers for 10 plots.

Bidding price

While 14 plots were auctioned at higher than the bidding price fixed by the government, five of them got much lesser than the minimum bidding price.

A 25-gunta plot at Bhoganahalli in Varthur hobli was auctioned at the highest Rs 1.75 crore. Maneesh B Katariya is the final bidder for the plot located in the hi-tech zone. The government had fixed Rs 40 lakh per acre in this area.

Umra Developers took away the lion’s share of the entire auction. It placed the final bid for a total 15.26 acre, covering six plots.

For instance, it’s final bid for 3.30 acres at Bidarahalli hobli in Bangalore South taluk was Rs 5 crore. It is 333 per cent more than what the government had fixed. Similarly, Apna Constructions placed final bid for 7.07 acres.

B Z Muzmil Ahmed Khan, brother of Chamarajpet JD(S) MLA Zameer Ahmed Khan, too took part in the bidding. He placed the final bid of Rs 27 lakh for 21 gunta land in Kumbena Agrahara in Bangalore east taluk.

Surprisingly, Karnataka House Board was also one of the bidders in the auction. It submitted the final bid of Rs 51 lakh for 1.29 acres in Chokkanahalli in Bangalore North (additional) taluk. The government had fixed Rs 6 lakh per acre here, but KHB’s bid was 492 per cent higher. The government has issued a notification to auction 24 acres land in various taluks of Bangalore urban district on September 5.


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