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Rs. 200 mn public money rots
with NOIDA coffer: ASSOCHAM
Noida
News:
In a statement issued
here to the support the larger public cause, ASSOCHAM
Secretary General, D S Rawat pointed out that in the
absence of any firm date forthcoming from NOIDA
Authority for fresh allotments for owning residential
plots, their aspirants have grown disillusioned.
Three years have gone by and NOIDA Authority continues
to hold back a sum of Rs.200 mn that it collected from
1,70,000 plot owning aspirants in the garb of “token
money”, without even remotely indicating to them fresh
dates for allotments as earlier draw was cancelled
under allegation of favouritism and nepotisim in 2004,
according to Associated Chambers of Commerce &
Industry of India (ASSOCHAM).
In a statement issued here to the support the larger
public cause, ASSOCHAM Secretary General, D S Rawat
pointed out that in the absence of any firm date
forthcoming from NOIDA Authority for fresh allotments
for owning residential plots, their aspirants have
grown disillusioned.Rawat clarified, “the chamber has
to come out with a statement as it received feedback
from thousands of industrial employees who claimed
that the authority has yet to refund their token money
to all aspirants that filled in application form to
own property in NOIDA three years ago without any
concrete result.”
This in view of ASSOCHAM is totally uncalled for as
the period of about three years waiting to have
property can not be justified for any valid reason,
added Secretary General ASSOCHAM, claming that he had
already taken up the issue with authorities concerned
by urging them to resolve the issue once and for all.
“The total amount of refunable token money for
1,70,000 applicants in totalility works out to be Rs.
170 mn, with each applicants token money estimates of
Rs. 1,000, said Rawat adding that approximately Rs. 30
mn amount is the interest part on principal of Rs. 170
mn.”
The Secreatry General said that following request from
thousands of industrial employees in the larger public
interest, ASSOCHAM has taken up this issue for refund
of token money with CEO, NOIDA Authority, urging them
either to refund the token money or else commit a firm
date for making fresh allotments. The analysis
highlights that about 3 years ago, NOIDA authority
sold off 1,70,000 application forms, claming
residential plots to various aspirants, asking for
Rs.50,000 to 80,000 and Rs.1,20,000 to Rs. 1,50,000
for four categories of plots.
Roughly, 1,70,000 applicants filled in the forms,
depositing aforesaid amount of money with the
authority, the first draw of which was announced as
promised by it, says ASSOCHAM analysis.However, in the
first draw itself, irregularities were found as
influential lot of U.P. were announced allotment of
various residential properties and the issue landed in
controversy since the allotment was there after
cancelled. The NOIDA authority subsequently refunded
application money to all applicants, retaining with it
Rs. 1000/- per applicants as a token money, with a
hope that it would announce another round of draw
which has yet to happen.
As a result the aspirants for owning property in NOIDA
are still in dark as the NOIDA authority has yet to
convey its decision about allotment of plots to those
that sought to own plots through the sachems floated
by authority in 2004. The plots offered for applicants
measured, between 112.5 sq ft plots, 162 - 200 sq ft,
200 sq ft and for 400-450 sq ft. However, aspirants
are still hopeful that fair allotment will take place
shortly and their patient wait for having property
will bear them fruit, concludes ASSOCHAM analysis.
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