Govt Scraps E-auction Of Prime Land On Last Day, Real Estate News, ET RealEstate

June 23, 2023

BENGALURU: The government’s e-auction of 1 acre 36 guntas of prime land, next to Bengaluru-Mangaluru national highway, at a base price of Rs 1.9 crore though land prices are Rs 8-12 crore, was scrapped on the last day. This, hours after The Times of India raised queries about it with revenue officials.

The assistant commissioner of Doddaballapur subdivision, Bengaluru Rural, had notified the e-auction schedule for the land at Mahadevapura village, off Nelamangala, on June 8. The base price for auction was fixed at Rs 1.9 crore and the bidders had to make an EMD (earnest money deposit) of Rs 19 lakh.

The last date for those interested to raise queries over the land was June 9, a Friday. The last date to confirm participation and pay the EMD was June 12. The e-auction was to begin at 10am on June 13 and end at 5pm on June 21, 2023.

However, several businessmen and officials said the land’s market value is Rs 8-12 crore per acre in the area. The land is next to a toll plaza.

“Only one day was given to raise queries about a land that was worth crores of rupees and three days, of which two were holidays, for the interested parties to confirm participation in the auction by producing DDs for the EMD,” a Bengaluru busiessman said.

Only seven people had confirmed participation

While sources privy to the e-auction said only seven people had confirmed participation in the process, the same couldn’t be independently verified.

On Tuesday afternoon, TOI asked Doddaballapur AC Tejas Kumar N about the issues surrounding the e-auction. “The e-auction was called according to government policy,” he said.

TOI then approached revenue department principal secretary Rajender Kumar Kataria about the e-auction. Kataria said he said no idea and would check before getting back with his response.

On Wednesday morning, a notification dated June 17, issued by the Doddaballapur AC, was published in newspapers, which said the e-auction has been called off due to “technical/other” reasons.

“No information was given to me or the minister concerned about e-auction of the prime land. I found something hanky-panky with the process and there could have been chances of corruption. Therefore, I issued the order to cancel the entire process. We will take a call on the issue if there is any need of resource mobilisation,” Kataria said after the auction was cancelled.

  • Published On Jun 23, 2023 at 02:00 PM IST

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