Tag Archive 'Land Deal'

Jul 04 2008

Profile Image of Alok Vats
Alok Vats

Amarnath Land row: nation wide Bandh hit normal life!

Filed under Politics

All India shutdown called by the BJP-VHP on Thursday against J&K govt decision of revoking of the land donated to Shri Amarnath Shrine Board has disrupted normal life in most part of the country. The protest left two persons killed while most of the rail and road transport was blocked. After the revoke of the order of transferring forestland to Amarnath shrine board, BJP-VHP demanded removal of Governor N N Vohra.

Many incidents of violence were reported by the protesters affecting road and railway transport. Along with, all markets were closed on the day. Bandh supporters stopped the Delhi-Bhopal Shatabdi express at Agra. BJP supporters blocked the major highways including Delhi-Amritsar highway at Shambhu Barrier and the Delhi-Noida-Delhi flyover in Delhi. Western Express Highway in Mumbai was also blocked. Many trains were also being targeted. Delhi-Bhopal Shatabdi Express has been stopped near Agra.

Jammu, the epicenter of the violence hit normal life in the state along with parts of Punjab, Haryana, Delhi, Uttar Pradesh, Karnataka, Kerala, Maharashtra, Assam and Jharkand. Meanwhile, in Jammu, curfew continued for the second day and pilgrims to the Vaishno Devi Shrine were among those stranded. The situation in Jammu remains tense with curfew remained in various parts of the state.

The VHP is also taking an active part in the bandh. “The forest act issue is just an excuse,” VHP general secretary Venkatesh Abdeo said. “This is a conspiracy to stop the Amarnath pilgrimage. Tomorrow it will be Vaishnodevi and Tirupati.”

The capital city was also affected largely by the bandh. There were violent incidents reported in the city in some regions. Shops were forcefully stopped in the Lakshmi Nagar area while whole market was closed in Karol Bagh too. Delhi Police assured that adequate security arrangements have been made in wake of the bandh and strict vigilance is going.

Similar scenario was viewed in financial capital Mumbai where protesters pelted buses with stones in suburban Kandivili damaging five best buses and blocked roads also. Important arterial roads at Vakola, Malad and Borivili in Northwest Mumbai and in the Northeast suburb of Ghatkopar were blocked.

In Thane, members of right wing Hindu organization were moving around the city since morning with flags in their hands forcing shop owners to down shutters. Even in Nagpur incidents of stone pelting were reported from Dighori and few places in south and eastern part of the city, said police. Some activists damaged about eight buses late last night in eastern part of city, they said.

Shops, business establishments and educational institutions were closed in most parts. Similar effects were seen in Karnataka state.

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Mar 12 2008

Profile Image of Alok Vats
Alok Vats

India’s biggest deal in Noida!

Filed under Special Feature

Delhi-based Business Parks and Town Planners (BPTP) company has begged India’s biggest commercial deal in Noida on Tuesday. The company threw a highest bid of Rs. 5,006 crore for a 95 acre commercial plot in sector 94.

The highest price per square metre in the deal, clinched after sealed bids were submitted, comes to Rs 1, 30,207 or Rs 52.69 crore per acre. The next highest bid was from DLF Ltd. of Rs. 1, 17,000 followed by Rs. 80,100 by Omaxe. BPTP company will now submit around Rs. 5006 crore as the price of the land. For the time being only 25 of the price that is Rs. 1251 crore will have to be submitted within 30 days. The remaining cost will be paid in installments within next 6 months. The fourth company in the bid, Ansal Properties and Infrastructure was earlier disqualified in the technical bid.

The bid is unsealed in the committee supervised by OSD Yashpal Singh at 3 pm in Indira Gandhi Kala Kendra sector 6. CEO of the authority, Mohinder Singh, ACEO Y.K.Bahal, DM Shravan Kumar Sharma and SSP A.Satish Ganesh were also present on the spot.

The astronomical amount paid for the site is a clear indication that, in terms of sentiment, there is no downturn in the real estate sector.

After winning the bid, MD of the company BPTP, Mr. Kabul Chawla told that Noida is the best city of NCR region according to infrastructure. At present, office rentals in Delhi’s high class areas range between Rs 200 to Rs 350 per sq ft. In Gurgaon, it varies between Rs 80 to Rs 120 per sq ft. As against this, rentals in Noida are in the range of Rs 40 to Rs 60 per sq ft.

Because of its prime location he filled a rate more than Rs. 1.3 lakhs. Reserve price of the authority was Rs. 77,000 per sq. mt. he told that he will fulfill the increasing demands of corporate offices in Delhi. Planning for this centre will be done by the best architect of the world and its design will be based on IFC centre of Singapore. Around Rs. 3000 crore will be spent on the building.

In the previous biggest Noida land deal, Unitech had walked off with an approximately 340-acre residential plot for Rs 1,582.83 crore.

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