Delhi Metro acquired excess land: CAG
Delhi Metro has been rapped by the Comptroller and Auditor General of India (CAG) for acquiring excess land for implementing the Phase-I of the ambitious new age transport system.delhi Updated: Jul 20, 2009 10:24 IST
Delhi Metro has been rapped by the Comptroller and Auditor General of India (CAG) for acquiring excess land for implementing the Phase-I of the ambitious new age transport system.
"In nine locations, it was observed that total land acquired was 6.42 lakh square metre, which was in excess of the project requirement by 14 to 354 per cent," the CAG said in its report on the Phase-I of the DMRC.
It said the DMRC has acquired 32.28 lakh square metre of land for the Phase-I of the project, under which three lines were constructed, but has not maintained location wise data of land used for the project and property development.
The report also said the DMRC finalised lease or concessions for property development at four locations based on one qualified bid received in each case and the amount realised was only 0 to 3 per cent over the reserve price.
The CAG also observed that from the restrictive clause for the land use in the allotment letters, poor response was also because of the "stringent" technical criteria fixed for the process.
"This is evident from the fact that in Seelampur where turnover and net worth criteria were fixed at Rs 60 crore and Rs 25 crore respectively, only one qualified bid was received and the amount realised was just 3 per cent over the reserve price," it said.