Maharashtra Govt's Suspicious Rs 400 Crore Deal with 'Ineligible' Builder Raises Eyebrows
Vijay Wadettiwar alleges that the Maharashtra government has entered into a suspicious agreement with a real estate firm despite opposition from its own housing department.
Pradhan Mantri Awas YojanaMaharashtra GovernmentChadha Developers And PromotersVijay WadettiwarMhadaReal Estate MaharashtraJul 22, 2024
The Maharashtra Housing and Area Development Authority (MHADA) has opposed the decision, which has led to suspicion about the deal. Wadettiwar also alleged that the firm is not eligible to bid for works under PMAY and has a questionable background. The firm's promoter, Chadha, has been in CBI custody for 15 days due to serious charges of cheating people in Delhi and has also been associated with various political parties.
Wadettiwar has demanded to know how the firm was selected for the project despite its questionable credentials. He also expressed concerns that the firm may abscond with the Rs 400 crore, leaving beneficiaries in the lurch. The Congress leader pointed out that the government has been unable to provide scholarship funds to students linked to Dr Babasaheb Ambedkar Research and Training Institute (BARTI) but has money to fund builders with suspicious backgrounds.
The deal has raised serious questions about the Maharashtra government's commitment to transparency and accountability. The opposition has demanded a thorough investigation into the matter and has called for the deal to be scrapped.
The Pradhan Mantri Awas Yojana (PMAY) is a flagship programme of the Indian government aimed at providing affordable housing to all citizens. The programme is implemented by the Ministry of Housing and Urban Affairs and has been allocated a budget of over Rs 1 lakh crore.
The Maharashtra Housing and Area Development Authority (MHADA) is a state government agency responsible for implementing housing schemes in Maharashtra. The agency is responsible for providing affordable housing to low- and middle-income families in the state.
MHADA has been at the forefront of implementing the PMAY in Maharashtra and has been working closely with the central government to achieve the programme's objectives.
Frequently Asked Questions
What is the amount of money involved in the deal?
The deal is worth Rs 400 crore.
Who is the real estate firm involved in the deal?
The firm involved is Chadha Developers and Promoters.
What is the Pradhan Mantri Awas Yojana (PMAY)?
The PMAY is a flagship programme of the Indian government aimed at providing affordable housing to all citizens.
Who has opposed the deal?
The Maharashtra Housing and Area Development Authority (MHADA) has opposed the deal.
What are the allegations against the firm's promoter, Chadha?
Chadha has been in CBI custody for 15 days due to serious charges of cheating people in Delhi and has also been associated with various political parties.
Tags:
Related News Articles
Prestige Estates to Unlock Rs 5000 Crore by Monetizing Hotel Business
Real estate giant Prestige Estates Projects is set to raise a massive Rs 5000 crore by monetizing its hotel business.
Transforming the Tampa Commercial Real Estate Landscape: The Visionary Leadership of Lawrence Todd Maxwell
Discover the ideal investment opportunity in Tampa, Florida's thriving commercial real estate market, catalyzed by the innovative strategies of Lawrence Todd Maxwell.
Ceratec Group: A Quarter Century of Real Estate Excellence in Pune
Celebrating 25 years of innovation, quality, and community commitment, Ceratec Group remains a leader in Pune's real estate sector.
Gurgaon Real Estate Boom: How Dwarka Expressway is Transforming the Delhi-NCR Market
The Dwarka Expressway is rapidly emerging as a premier choice for investors in the Delhi-NCR real estate sector. Its strategic importance in national infrastructure plans has significantly driven economic growth and transformed Gurugram’s skyline.
Dharavi Redevelopment Sparks Heated Debate: Aaditya Thackeray vs Fadnavis
The Dharavi redevelopment project has become a battleground for Aaditya Thackeray and Devendra Fadnavis, with the Adani Group caught in the middle. Real estate entities in Mumbai are watching closely as the controversy unfolds.
Chennai Real Estate Firm Rewards 1,000 Employees with All-Paid Spain Trip
A Chennai-based real estate firm is flying 1,000 of its employees to Spain on an all-paid trip to acknowledge their hard work, dedication, and contributions to the company's success.