Mr. Niranjan Hiranandani had entered into an agreement with the MMRDA and the state to develop the 230-acre land under the Urban Land Ceiling (Regulation) Act in 1986.
The builder was required to build smaller, affordable flats for low-income groups. You will be shocked to know that the selling price of land was 40 paisa per acre, that is he purchased 230 acres of land just for Rs. 92 !! If I remember correctly from that time onwards Maharshtra has witnessed four Congress-NCP CMs and two Sena-BJP CMs.
According to DNA the application which Daundkar, filed before the special ACB court, presided by Daulatabadkar reads, “It is overwhelmingly apparent that the closure of the case has been done for highly nepotistic considerations. Pursuant to such detrimental resolves, formidable evidence linked to the case was not collected at all (by the investigating agency)… in such a mammoth corruption case, the ACB says there is no evidence, when the evidence is in heaps. Hence for this reason, it becomes highly expedient for the sake of transparency and probity, that not only the accused, but also the ACB officers who are allegedly involved in such nepotistic acts (should) be made accountable.”
He also mentioned that in 1986, when the scam came into notice, the state government had given the land to Hiranandani builders on 80 years lease for building houses for the poor. The agreement stated that the houses were not supposed to be exceeding 860 sq. ft. but the builder constructed the houses measuring 1,000 sq. ft. These luxurious houses were sold to the rich people.
After a tripartite agreement was signed in 1986 by the land owners at Powai, the state government and the MMRDA for the Powai residential township, the developer, Niranjan Hiranandani, has built 70 buildings since 1989. One of the MMRDA’s allegations was that the builder amalgamated smaller flats meant for public housing and sold them as one large unit to high-end clients.
The builder was required to build smaller, affordable flats for low-income groups. You will be shocked to know that the selling price of land was 40 paisa per acre, that is he purchased 230 acres of land just for Rs. 92 !! If I remember correctly from that time onwards Maharshtra has witnessed four Congress-NCP CMs and two Sena-BJP CMs.
According to DNA the application which Daundkar, filed before the special ACB court, presided by Daulatabadkar reads, “It is overwhelmingly apparent that the closure of the case has been done for highly nepotistic considerations. Pursuant to such detrimental resolves, formidable evidence linked to the case was not collected at all (by the investigating agency)… in such a mammoth corruption case, the ACB says there is no evidence, when the evidence is in heaps. Hence for this reason, it becomes highly expedient for the sake of transparency and probity, that not only the accused, but also the ACB officers who are allegedly involved in such nepotistic acts (should) be made accountable.”
He also mentioned that in 1986, when the scam came into notice, the state government had given the land to Hiranandani builders on 80 years lease for building houses for the poor. The agreement stated that the houses were not supposed to be exceeding 860 sq. ft. but the builder constructed the houses measuring 1,000 sq. ft. These luxurious houses were sold to the rich people.
After a tripartite agreement was signed in 1986 by the land owners at Powai, the state government and the MMRDA for the Powai residential township, the developer, Niranjan Hiranandani, has built 70 buildings since 1989. One of the MMRDA’s allegations was that the builder amalgamated smaller flats meant for public housing and sold them as one large unit to high-end clients.
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