Outantbuilders also assigned land in a larger Noida authority, which is shocking the revelations in the CAG report

In 2003 in the Greater Noida Authority, land was granted to the builders by keeping the rules under control. According to the CAG report, plots were also awarded to the defaulting builders, which caused the government to great losses. The outstanding amount on these builders reached Rs 1339.02 crore and many projects remained incomplete. Investors also cheated on the negligence of the authority. Arpit Tripathi, Greater Noida. In the year 2003, during the BSP and SP government, land was granted to the builders by holding the rules in the Greater Noida Authority. The Report of the Controller and Auditor General (CAG) said that in 2003 seven plots were assigned to five such builders who were already owed to Rs 63 crore, while the rule was that the defaulters of Greater Noida and Noida Authority would not be included in the scheme. These seven plots were awarded for Rs 635.37 crore. The builders did not stop here, these projects were also dreamed, of which to Rs 877.03 crore increased in 2021. At the same time, the overdue plot awarded before 2003 was from 63 crore to 461.99 crore calls. That is, in these 18 years from 2003 to 2021 it increased to Rs 1339.02 crore. The CAG report said that the terms and conditions in the building scheme launched in June 2003 were that the builder and company that would be in arrears in Noida and Greno Authority would not be eligible to participate in the tender. The conditions in plans were removed during the period after July 2004. When the audit investigated the payment schemes received from the Greno Authority System Division, it was found that the Greno Authority did not even consider the omission against the allocated plots, while assessing the tender for subsequent awards. This shows that the Greno Authority offers unfair benefits to five builders and assigned plots. The Allotte not only delayed the payment of the outstanding amount, but was also unable to complete the projects within the particular period. Only one of the above seven projects was done by Purvancal Construction Private Limited. Five projects of three builders SuperTech Construction Limited, Earth Construction Private Limited and Aldico Infrastructure and Property Limited are partially completed and the first phase of the project in the Starcity Buildkan Private Limited Project was also completed until April 2021. Authority, as well as the investors, originated. The report also mentioned that the Supreme Court’s comments were related to the Amrapali group in which the court said that the Noida and Greno authority was well aware that more land could not be assigned to the Amrapali group without insisting on the outstanding payment. Assuming the default of authority, the rule has been included in the tender process since 2010.