Monday, February 18, 2013

MANYATA TECH PARK - WILL THERE BE AN ENQUIRY ? WHAT WILL HAPPEN TO THE BUYERS OF THE PROPERTY INSIDE THE PARK?

THERE ARE QUESTIONS ABOUT THE PROCESS OF LAND ACQUISITION FOR THIS REAL ESTATE BUSINESS COMPANY? WILL IT BE ENQUIRED?
 IS THE DEVELOPER COMPANY ELIGIBLE EVEN FOR 10 ACRES? 
WHAT IS THE QUALIFICATION OF THE DIRECTORS? WHAT IS THE EXPERIENCE OF THE DIRECTORS? 
IF IT IS FOR BUILDING AND LEASING IT OUT, THEN, THERE WAS NO NEED FOR ACQUISITION AT ALL.
CAG REPORT HAS CLEARLY INDICATED THE IRREGULARITIES, WHICH MUST BE INVESTIGATED INTO?
WHAT WILL HAPPEN TO THE BUYERS OF THE PROPERTY WITHIN THE PARK, WHO HAS INVESTED OVER SEVERAL CRORES?
IF THE RECENT PLAINT IN THE SUPREME COURT IS ADMITTED, THEN, THIS SUBJECT MUST BE INCORPORATED OR INCLUDED AND IS ELIGIBLE FOR ENQUIRY.

THERE IS MORE TO THIS SORDID STORY!!!!!!!
FOR MORE DETAILS: READ:

 http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/article2519536.ece
http://bangalore.citizenmatters.in/articles/view/4912-how-manyata-tech-park-got-hundreds-of-acres-in-hebbal

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