Press Esc to close
Sunday 23 April 2017
News updated at 1:28 PM IST

Nice plans to sell 2,000 acres illegally: Gowda

Bangalore, Nov 21, 2012, DHNS: 0:52 IST
JD(S) supremo H D Deve Gowda on Wednesday alleged that Nandi Infrastructure Corridor Enterprise (Nice), promoter of the BMIC project, has been illegally selling about 2,000 acres of land worth about Rs 8,000 crore which the Karnataka government had handed over to the company for the project.

Addressing reporters, he alleged that Nice has inked an agreement with Ajmera Builders and Umang Developers to sell the land, mostly owned by poor farmers.

The company does not have any right to sell the land. They have to return the land to the government after the 30-year lease period, he added.

While ordering a probe into the alleged irregularities in the project, a Lokayukta court recently directed the State government to attach about 259 acres which the Nandi Economic Corridor Enterprise Limited (NECEL), a sister concern of Nice, handed over to these two firms.

Gowda alleged that Nice had taken up the project without investing a single rupee.
It raised about Rs 1,300 crore by pledging the land allotted by the government in banks.

Now, the company is making preparations to sell this valuable land illegally. While the farmers got compensation in the range of Rs 5 lakh to Rs 50 lakh per acre, Nice is now selling it for Rs 4 crore per acre, he alleged.

Five townships

This apart, he alleged, Nice has entered into a joint development agreement with Umang
Developers and Ajmera Builders for developing five townships, which are part of the BMIC project.

He blamed those who became chief ministers after his tenure and some senior officials for the alleged irregularities in the project implementation.

“I am in no way responsible for these misdeeds. I have brought all the irregularities to the notice of the Union government, the BJP leaders and the judiciary,” he stated.

Go to Top

Photo Gallery
A group of flamingos at Sewri Jetty in Mumbai...

A group of flamingos at Sewri Jetty in Mumbai...

Union Minister for Water Resources and Ganga Rejuvenation Uma Bharati being welcomed ...

Union Minister for Water Resources and Ganga Rejuvenation Uma Bharati being welcomed ...

Lithium Urban Technologies has created an eco -friendly solutions for corporate transport...

Lithium Urban Technologies has created an eco -friendly solutions for corporate transport...

The French air force's Patrouille Acrobatique de France aerobatic team performs at Langley...

The French air force's Patrouille Acrobatique de France aerobatic team performs at Langley...

Smoke billows out after a major fire broke out in Railway Coach Factory at Nishatpura in Bhopal...

Smoke billows out after a major fire broke out in Railway Coach Factory at Nishatpura in Bhopal...

Girls with painted faces taking part in an awareness campaign on the occasion of World Earth Day...

Girls with painted faces taking part in an awareness campaign on the occasion of World Earth Day...

A Tamil Nadu farmer drinks urine during their ongoing protest over drought relief funds...

A Tamil Nadu farmer drinks urine during their ongoing protest over drought relief funds...

A two wheeler moves through a waterlogged street after heavy downpour in Agartala...

A two wheeler moves through a waterlogged street after heavy downpour in Agartala...

School girls with painted faces during 'Save Earth' awareness program on the eve of World Earth...

School girls with painted faces during 'Save Earth' awareness program on the eve of World Earth...

AC machine does on road level work at Kalaburgi Airport at Srinivas Saradagi in the outskirts...

AC machine does on road level work at Kalaburgi Airport at Srinivas Saradagi in the outskirts...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.