The Hindu : Karnataka / Bangalore News : Only 11.26 acres of recovered land auctioned

Online edition of India's National Newspaper
Wednesday, Jun 27, 2007
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Karnataka

Karnataka - Bangalore

Only 11.26 acres of recovered land auctioned

Staff Reporter

BANGALORE: Thirteen of the 20 blocks did not receive any bids from developers at the auction of government land recovered from encroachers that was held here on Tuesday. Of the 42.37 acres put up for auction, only 11.26 acres was auctioned, fetching a mere Rs. 7.2 crore. All lands put up for auction were from Jigani and Kasaba hoblis in Anekal taluk.

Blocks in Ragihalli, Bhoothanahalli, Shivanahalli villages of Jigani hobli and Menasiganahalli, Kalanayakanahalli, Setmangala, A. Medahalli and P. Gollahalli of Kasaba hobli were the ones that did not find favour with bidders.

Of the seven blocks auctioned, three pieces, two at A. Medahalli and one at P. Gollahalli, went for lower than the guidance value set by the Government. Thirty guntas and 1.24 acres of land at A. Medahalli went for Rs. 5 lakh and Rs. 3 lakh respectively when the guidance value was Rs. 9 lakh each. The bid was won by Sahairaj.

Two acres at P. Gollahalli went for Rs. 5 lakh when the guidance value was set at 10 lakh for the block. The block went to B.L. Properties.

The next auction is slated for June 28.

Protest

Joining the list of voices against the auction of recovered lands by the government, the Bangalore Forum for Street and Working Children held a protest in front of the Deputy Commissioner (Bangalore Urban district) office on Tuesday.

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