NICE diverted 756 acres for real estate business

December 4, 2016

Belagavi, Dec 4: A House committee which probed the irregularities in the implementation of the Bangalore-Mysore Infrastructure Corridor project has found that the promoters of the project diverted 756.33 acres for real estate purposes.

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The 11-member committee, headed by Law Minister T?B?Jayachandra, tabled its 392-page report in the Legislative Assembly on Friday.

The report states that the market value of land illegally diverted by Nandi Infrastructure Corridor Enterprise (NICE), the promoters of the project, is Rs 7,077 crore.

According to the framework agreement signed between the state government and NICE, land acquired for link road and peripheral road cannot be diverted for housing projects. The agreement specified that layouts and commercial complexes can come up only in the five townships along the BMIC?expressway.

The report states that NICE had submitted an affidavit to the Supreme Court that 6,999 acres were required for the peripheral road and link road. The company had also given an undertaking before the Apex Court that the land acquired would not be utilised for real estate or commercial purposes.

However, NICE has violated the provision of the framework agreement and its assurance given to the Supreme Court. In addition, it illegally entered into joint development agreements with various builders, the report notes.

The House committee scrutinised the sale deeds, encumbrance and mortgage deeds that NICE had signed with real estate developers.

Also, Bengaluru-based Institute of Social and Economic Change was requested to estimate the value of the land. Besides, the documents available at sub-registrar offices and the guidance value of the land were also taken into consideration. It was estimated the land diverted for real estate purposes was worth Rs 4,951 crore. According to the present the market rate, the value of the land is estimated at Rs 7,077 crore, the report states.

The report states that the land could not have been diverted without the involvement of officials of the Public Works Department, Law Department and Bangalore-Mysore Infrastructure Corridor Area Project?Authority.

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News Network
March 19,2024

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Mangaluru: The Mangalore International Airport (MIA) will connect to a new domestic destination with the introduction of a non-stop flight to Tiruchirappalli International Airport in Tamil Nadu. 

The non-stop service, once-a-week, will operate on Wednesday (from TIA) and Thursday (from MIA), starting April 3. Air India Express will operate the flight.

The flight is expected to help those taking up a pilgrimage to Vailankani shrine.

Sources from the AIE said that the airline carrier decided to fly non-stop between the two southern Indian cities as a flight to Jeddah, which will start from April 3, arrives from Tiruchirappalli International Airport. 

“It is a ferry or positional flight from TIA to MIA. Instead of flying empty, the management has decided to run it as a commercial flight. This will help both passengers and the airline. The airline will deploy Boeing 737-800 aircraft with a 186-seater all-economy configuration on this route. 

The same flight, after landing in MIA, will further fly to Jeddah,” a source said. 

The flight IX 1498 will depart every Thursday at 5am from MIA to TIA. The TIA-MIA flight IX 1499 departs at 12.50pm. It is a one-hour nonstop flight. The same flights will also operate nonstop between Jeddah and MIA. 

The non-stop flight IX 499 will depart MIA at 2.50pm and reach King Abdulaziz International Airport, Jeddah at 6.25pm. The IX498, will depart from Jeddah at 7.25pm and reach MIA early at 3.40am.

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News Network
March 27,2024

Bengaluru: The National Investigation Agency (NIA) on Wednesday launched simultaneous raids in multiple places, including Bengaluru and Shivamogga.

Reports suggested that the ongoing raids are in connection with the Improvised Explosive Device (IED) blast in Bengaluru’s Rameshwaram Cafe on March 1. The blast had injured at least ten people as per the police report.

The Central Crime Branch (CCB) had launched an investigation alongside the NIA, and the trail of the suspect led them to Tumakuru first and subsequently to Ballari. Investigators believe that the bomb was planted by Mussavir Hussain Shazib, a handler of the Islamic State’s Shivamogga module who was aided by another IS handler called Ahmed Taahaa.

Sources in the know said that Shazib and Taahaa had stayed in Chennai for about a month between January and February using fake credentials. The names of the suspects were identified after they traced the cap worn by Shazib to a shop in a mall in Chennai. The cap, which was abandoned by the bomber in Bengaluru after the blast, was reportedly bought by Taahaa, around January-end.

As per the NIA, Shazib hails from Masjid Road in Thirthahalli, Shivamogga district, and Taahaa from Fish Market Road, Soppu Gude, Thirthahalli Rural. Both "wanted" suspects have been termed "absconders" by the NIA.

The NIA has questioned seven jailed terror suspects so far in connection with the blast. The investigation agency had also obtained seven-day custody of a jailed terror suspect named Maaz Muneer Ahmed.

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News Network
March 17,2024

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Beltangady, Mar 17: A three-year-old boy was crushed to death under the wheels of an auto-rickshaw in front of his house at Panakaje Mundadi in Belthangady taluk of Dakshina Kannada. 

The gut-wrenching tragedy took place on Saturday, March 16 morning when the boy ran out of home to the road. 

The victim has been identified as Kaushik, the son of Chandrashekhar and Usha couple. Their home is situated adjacent to the main road at Panakaje.

It is learnt that the auto-rickshaw failed to notice the boy who suddenly darted towards the road and hit him. 

Even though the injured boy was rushed to a private hospital in Ujire and later to Mangaluru, he breathed his last. 

The Beltangady traffic police have registered a case in connection with the incident.

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