Insta
Bengaluru: Case Filed Against BDA Officials For Selling Land Worth Rs 5000 Per Sqft At Rs 59 In Arkavathy Layout
Swarajya Staff
Apr 30, 2019, 11:53 AM | Updated 11:53 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Bangalore Development Authority (BDA) has filed a case in the Karnataka High Court against its staff who were involved in the Arkavathy Land scam, reports The New Indian Express (TNIE).
BDA has alleged that the accused defrauded the organisation by under-pricing 34 sites in the Arkavathy layout. It is claimed that the officials gave away land worth Rs 5000 Sq ft at a minuscule Rs 59 Sq ft.
BDA unearthed the scam when its commissioner found discrepancies after a tip-off by an individual early last month. Following this, the agency initiated an internal investigation.
In a sign of relief for the organisation, the discovery of the scam came before the issue of Katha papers, thereby preventing losses of Rs 10 to 15 crores.
BDA Commissioner Rakesh Singh said, “The exact loss these staffers could have caused to BDA is still being estimated, but it could be around Rs 10-15 crore. Right now, their plan to sell all the 66 sites, which could have caused further loss, has been thwarted.”
“The sites were sold to the future owners at Rs 59 per sqft when they cost roughly around Rs 5,000 per sqft,” Singh added.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.