Cong alleges Rs. 40,000 cr scam in Noida City Center deal | india | Hindustan Times
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Cong alleges Rs. 40,000 cr scam in Noida City Center deal

india Updated: Jul 02, 2012 23:29 IST
Darpan Singh
Darpan Singh
Hindustan Times
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The Congress has asked the Samajwadi Party government in Uttar Pradesh to order a central bureau of investigation (CBI) inquiry into alleged irregularities in land allotments made during the previous Mayawati regime.

In a letter to chief minister Akhilesh Yadav, Congress MLA from Banda and chairman of UP Congress media cell, Vivek Kumar Singh, said allotment of 162 hectares of prime land in Sectors 32 and 25A of Noida to Ponty Chadha’s realty arm Wave had caused the Noida authority a loss of Rs. 40,000 croree Noida authority in March last year, when BSP’s Mayawati was chief minister, sold the City Center plot to the firm for a mega commercial project at Rs. 6,570 crore. Singh has said Chadha was close to BSP chief and former Cheif minister Mayawati and her officials. “A two-year exemption in payment of installments was given to Chadha. The allotment was allegedly done on the payment of only 10% of the whole amount,” he said.

Singh has also sought a CBI probe in farmhouse plot allotments to 150 people. He alleged that Mayawati and her trusted aide Nasimuddin Siddique were involved. The state government has already ordered Noida authority chairperson Rakesh Bahadur to probe the matter.

“In order to provide benefit to a select few, the authority sold the plots at cheap rates which resulted in a loss of at least Rs. 2,000 crore. The beneficiaries were given land after payment of 10% of the total cost and they were exempted for two years for payment of installments,” he said.

The Noida authority on May 15 asked Wave to immediately stop the City Center project as the firm had not got the project’s layout and building map approved. Chadha runs one of the largest liquor businesses in UP. He has also forayed into cinema, realty and multiplex sectors, besides sugar mills and film production.

For the City Center project, the authorities felled 309 trees and shifted 114. Even as environmentalist raised a hue and cry, the Noida authority said there was no violation of norms, as for every tree felled, two would be planted. The realtor has been told to go for compensatory forestation.


On May 24, the Noida authority asked Logix Infratech to immediately stop work on one commercial and two group-housing projects for violation of maps approved by the authority. Additionally, the authority said the land-sapping and building maps of Logix’s proposed sports city project had not been approved. “Gross irregularities” had been found and places where parks were to come up had been used for residential purposes.

Golf view

The district administration on June 9 sealed the hotel, Golf View, in Sector 39. The police lodged an FIR on June 2 against the owner and five others. Officials said the hotel had been built on government land. The scam first came to light on June 2 when, on the state government’s complaints, the administration began an investigation.