Tag Archives: bangalore municipal corporation news

CAIT calls for Bharat Bandh on 20th Sep to protest FDI in retail

Posted on by Track2Realty

india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, Bangalore Real Estate news, bangalore news, bangalore municipal corporation newsTo protest against the decision of the Union Government to allow FDI in multi-brand retail, the Confederation of All India Traders(CAIT) and Bharat Udyog Vyapar Mandal have called for a Bharat Trade Bandh on 20th September,2012 in which they claim that about 5 crore traders and more than 10 thousand trade associations across the Country will participate.The Traders have appealed all national and regional political parties to extend their support to Bharat Trade Bandh call.

All commercial activities across the Country have been claimed to remain standstill on the day. The National Hawkers Federation and other organisations have supported the Bandh call.

Praveen Khandelwal, Secretary General of CAIT and Shyam Behari Mishra, President of Bharat Udyog Vyapar Mandal at a Press Conference held on Saturday, Sep15, at New Delhi while making the joint announcement regretted that on such an important issue concerning the national economy, the government did not consult the traders and other stakeholders of the retail trade whereas in the last session of the Parliament the then Finance Minister Pranab Mukherjee categorically assured on the floor of the house that FDI in retail will be implemented only after attaining unanimity.

The government has not taken any cognisance of his solemn assurance, they regretted. According to them it is highly deplorable that not only the opposition parties but even the allies of the UPA remain vocal against FDI in Retail Trade which has been overlooked by the government. They further said that even the unanimous recommendations of the Parliamentary Standing Committee were brushed aside.

The trade leaders said that the decision of the government will adversely impact the national economy and retail trade of India. Not only the traders but even the farmers, labourers, hawkers,transporters and other sectors of the retail trade will be hit hard which will culminate into mass unemployment and steep inflation. It will provide ample opportunities to the MNC’s to control and dominate the retail trade .

They reminded that such situation has already developed in US, Australia and Europeon Countries where the global giants have virtual control on the retail trade. They said that nearly 5 crore traders engaged in retail trade and more than 22 crore people dependent upon retail sector for their livelihood will be badly affected.

The Trade Leaders said that trading community of the Country will oppose this decision tooth and nail across the Country. To finalise the future course of action, the CAIT has called an emergent meeting of its National Council on 21st September at Vrindavan. They categorically said that in order to protect our interest, if traders have to convert themselves into a Vote Bank, they will not leg behind.

Bangalore civic body hits back at Mantri group

Posted on by Track2Realty

india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, Bangalore Real Estate news, bangalore news, bangalore municipal corporation newsCorporators of the Bruhat Bangalore Mahanagara Palike (BBMP), cutting across party lines, have accused the Mantri group of encroaching government land and also private property belonging to a person called Huchamma. The corporators have demanded a Corps of Detectives (CoD) inquiry into the alleged irregularities.

The provocation for this seems to be Mantri owner’s lament at the Confederation of Real Estate Developers’ Associations of India (CREDAI) conference, where he had confessed that corporators had demanded bribes from him.

The repercussions of that statement were felt on Tuesday, June 28 in the BBMP council meeting when allegations flew thick and fast against the real estate giant.

Malleswaram MLA Ashwathanarayana said that Mantri Developers had purchased 14 acres and 5 guntas of land from the National Textile Corporation (NTC), but the land, he claimed, had been registered in the Rajajinagar sub-registrar office even though it came under the jurisdiction of the Gandhinagar sub-registrar office. “This is a daylight robbery; and now they are claiming the ownership of 19 acres,” said Ashwatha.

Both Ashwathanarayana and Deputy Mayor S Harish also accused Mantri of encroaching the road which passed through Mantri Square and which was also mentioned in the Comprehensive Development Plan (CDP) of 1995.

Former Opposition party leader M Nagaraj and JD(S) leader Padmanabha Reddy lambasted the real estate group for its mendacity.

Later, addressing the media, BBMP commissioner Siddaiah said a three-member committee of revenue experts will look into the allegation of encroachment by the Mantri Developers.

He said the report will be submitted in three days. When questioned about the allegations, the management of Mantri Developers, in a statement, said they were not aware about the meeting. “We will wait for the written communication from the BBMP,” the statement said.

Mantri sues BBMP for Rs 10 crore

Posted on by Track2Realty

Bangalore Real Estate news, mantri mall bangalore news, bangalore municipal corporation news, Track2Media, Track2Realty, ravi sinha, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate newsThe owners of the Mantri Mall have sued the BBMP for Rs.10 crore for ”illegal” demolition of the ramp of the mall and the consequent problems it had caused.

Sushil Mantri, Managing Director (MD) for Mantri Developers and President of Consortium of Real Estate Developers’ Associations in India (CREDAI), Bangalore, said his company would claim Rs.two crore for damage to the ramp, and Rs.eight crore for damage caused to the reputation of Mantri Developers.

Sushil Mantri said the land acquisition for road widening was termed illegal by the government. According to Mantri, the BBMP never discussed with his company land acquisition for road widening. “We were never issued any notice from the BBMP about acquiring the land for the road widening project,” alleged Mantri.

Mantri Developers has been claiming that while they sought adequate time to dismantle the ramp using scientific equipment, the BBMP acted in haste and demolished the compound wall.

Citing the minutes of a meeting held on November 11, 2010 under the Chairmanship of Subir Hari Singh, Additional Chief Secretary, Urban Development, Mantri said Singh asked the BBMP Commissioner as to whether approval in the Revised Master Plan (RMP) and of the Government had been obtained for the proposed road widening in front of the Metro Station, as required.

BBMP Commissioner said that “no approval from the Government is obtained in this regard. The demand of BBMP for the four-metre road widening is not reflected in RMP 2012 and the government has also not accorded approval and therefore is not a legal demand.”

Taking the fight to the BBMP, Mantri said Corporators have been harassing the developers across the City. “As president of CREDAI, Bangalore Chapter, I have been told that most builders are facing harassment from corporators,” he alleged.

Mantri Developers, along with CREDAI, are now contemplating apprising the Chief Minister of the problems they are facing.

Former president of CREDAI, Balakrishna Hegde said the association would fight together against the politicos, who he said, saw builders as ‘easy prey’ for extortion.

Demanding a change in the system of applying for No-Objection Certificates (NOC) to get the building plan approvals, CREDAI has appealed to the government to delegate the powers to the BDA to avoid nepotism and corruption.