2. Land allotment to Adani Group for Mundra Port & Mundra Special Economic Zone (SEZ) Mr. Narendra Modi, Chief Minister of Gujaratyielded Adani group direct benefit of few thousand crores of rupees. Said group has been allotted 3,86,83,079 sq.mtrs. of land which has been allotted in the year 2003 and 2004. Total price recovered from the said group is Rs.46,03,16,292/- These lands have been allotted at a throw away price. The lands have been allotted @ Rs.1/- per sq.mtr. and lastly @ Rs.32/- per sq.mtrs. However, most of the land is allotted at the rate in single digit; there are few instances where the rate has been charged in double digit, details whereof reduced in tabular form is enclosed. The land acquired at the rate of Rs.1/- per sq.mtr. and the highest rate at Rs.32/- per sq.mtrs., after demarcating said land into sub- plots of few thousand square meters, have been allotted to more than one public sector companies at the rate of Rs.800/- to Rs.10,000/- per sq.mtrs. Except providing for the roads, no further development has been done by Adani Group. It may be noted that for providing roads, 16 to 22% of the land at the most are required to be earmarked for the purpose of communication, in residential zones. In industrial zones, the area of roads would contribute to about 10% of the total area since size of the plots would be in thousand square meters and not in 100 sq.mtrs. Therefore, in development of the roads, there cannot be increase of the cost of 100% than the original acquisition price. Therefore, the land acquired at the rate of Rs.1/- per sq.mtr., after providing roads, the cost of said land would become Rs.2 or Rs.3 per sq.mtrs. whereas these lands have been allotted on lease to the public sector undertakings at the rate of Rs.800/- to Rs.10,000/- per sq.mtrs. The loss to the public exchequer applying principle of res ipso locuitor would be Rs.10,000 crores, details whereof reduced in tabular form and details provided under the Right to Information Act. 3.
Posted on: Sat, 18 Oct 2014 09:11:30 +0000
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