EOW probes Bhopal smart city land tenders over transparency allegation
SMART CITIES

EOW probes Bhopal smart city land tenders over transparency allegation

Madhya Pradesh Economic Offences Wing (EOW) initiated an investigation into a complaint alleging corruption, criminal conspiracy and transparent issues in plots sold on a freehold basis for Area-Based Developed (ABD) Area of Bhopal Smart City Development Corporation Limited (BSCDCL).

BSCDCL failed to initiate a competitive tendering mechanism, and it has been alleged that the tendering process on commercial plots was made complex to benefit select builders.

An official told the media that they have all documents to prove the transparency adopted by BSCDCL, but he refused to have them in his possession when asked to share the relevant documents.

The bids invited for Plot Number- 79 (A), 80 and 83 are under investigation. The base prices of these plots were Rs 63.80 cr, Rs 70.75 cr and Rs 73.96 cr, respectively.

The complaint alleges that the bid was opened for the first time with just two bidders in stark defiance of set norms, and the tenders were not called for the second time.

One of the builders told the media that the Bids were rigged, incurring huge financial loss to the state government when contacted.

He mentioned that there was no clear information on the Marginal Open Space (MOS) area of the plots in the tender documents, which created confusion among participants making it unviable. Wishing to stay anonymous, he also said that the builders who won the bids were aware of the proposed changes, and the same was done.

The complaint reads that the base price of plot number 82 was Rs 29.48 crore, and it was not in a prime location and was one of the smallest ones with the least financial value. Five bidders came forward for it, and fair competition between the bidders led BSCDCL to earn 20% above its base price, amounting to Rs 35.11 crore.

According to the complaint, while the other three plots were sold at only 8% or 9% above the base price, causing a loss of revenue to the government, which is approximately Rs 35 crore.

Image Source


Also read: Over 5,000 smart city projects in 100 cities remain incomplete

Madhya Pradesh Economic Offences Wing (EOW) initiated an investigation into a complaint alleging corruption, criminal conspiracy and transparent issues in plots sold on a freehold basis for Area-Based Developed (ABD) Area of Bhopal Smart City Development Corporation Limited (BSCDCL). BSCDCL failed to initiate a competitive tendering mechanism, and it has been alleged that the tendering process on commercial plots was made complex to benefit select builders. An official told the media that they have all documents to prove the transparency adopted by BSCDCL, but he refused to have them in his possession when asked to share the relevant documents. The bids invited for Plot Number- 79 (A), 80 and 83 are under investigation. The base prices of these plots were Rs 63.80 cr, Rs 70.75 cr and Rs 73.96 cr, respectively. The complaint alleges that the bid was opened for the first time with just two bidders in stark defiance of set norms, and the tenders were not called for the second time. One of the builders told the media that the Bids were rigged, incurring huge financial loss to the state government when contacted. He mentioned that there was no clear information on the Marginal Open Space (MOS) area of the plots in the tender documents, which created confusion among participants making it unviable. Wishing to stay anonymous, he also said that the builders who won the bids were aware of the proposed changes, and the same was done. The complaint reads that the base price of plot number 82 was Rs 29.48 crore, and it was not in a prime location and was one of the smallest ones with the least financial value. Five bidders came forward for it, and fair competition between the bidders led BSCDCL to earn 20% above its base price, amounting to Rs 35.11 crore. According to the complaint, while the other three plots were sold at only 8% or 9% above the base price, causing a loss of revenue to the government, which is approximately Rs 35 crore. Image Source Also read: Over 5,000 smart city projects in 100 cities remain incomplete

Next Story
Infrastructure Energy

Samridh, CEID Launch High-Capacity Biogas Plant in Moradabad

Samridh Bioenergy has broken ground on a 12 TPD compressed biogas (CBG) plant in Moradabad, Uttar Pradesh, under the MNRE’s National Bioenergy Programme. Spread across 12 acres, the plant will process 270 tonne of organic waste daily and generate 30,000 cubic metre of biogas per day.CEID Consultants and Engineering Pvt Ltd has been appointed as the EPC contractor, responsible for the complete design, procurement, and construction of the plant. Equipped with four multi-feed digesters, the facility will accept a mix of press mud, cow dung, chicken litter, and vegetable waste, supporting contin..

Next Story
Real Estate

Delhi Micro-Markets Drive Up Housing Prices: Grihum Study

A new study by Grihum Housing Finance reveals that the rise of micro-markets across Delhi-NCR is fuelling real estate price appreciation, especially in the affordable housing segment. Key drivers include renewed post-pandemic interest, migration trends, and government schemes like PMAY.According to the study, over the past two decades, floor rates have risen 267 per cent, from Rs 1,500 per sq ft in 2005 to Rs 5,500 in 2024. In the same period, land rates surged 492 per cent, from Rs 1,300 to Rs 7,700 per sq ft. The sharp increase highlights strong capital appreciation in Delhi’s emerging loc..

Next Story
Resources

Covestro Develops PCR Polycarbonates from End-of-Life Headlamps

Materials manufacturer Covestro has launched post-consumer recycled (PCR) polycarbonates made from end-of-life automotive headlamps, in a move aimed at strengthening circularity in the auto industry. These TÜV Rheinland-certified grades, containing 50 per cent recycled content, are now commercially available for new automotive applications.Developed under a joint programme led by GIZ, with Volkswagen and NIO as key partners, the recycled material is currently being validated for use in future vehicle models.""This new line of polycarbonate represents a significant step in supporting the autom..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?