[HumJanenge] Metro Project - How is Modi Professionally More Corrupt Than Mayawati

Metro Project - How is Modi Professionally More Corrupt Than Mayawati

 

In continuation of my earlier message '$120b Scam ---' while Mayawati would invoke Urgency Clause after the Yamuna Expressway project was largely ready to acquire farm land @ Rs.800 per sq.mt and sell it to builders at Rs.10,000 per sq.mt PLUS charging around Rs.10,000 per sq.mt as Bribes, and many farmers struck private deals before Land Acquisition at market rates.

 

But Modi is smarter he banned sale of land along the Metro Route long before Metro Link Project is approved around 2005 to make sure 100% Enhanced Loot for Builders.

 

It is not clear how many floors would be permitted in high rise buildings my earlier estimation could easily double to over $250b.

 

Since 32.65km Metro Link is proposed to have 30 stations average speed of the Metro Train would be 15 km per hour (Delhi Metro Speed is around 20 km per hour.)

 

It would take 90 minutes for the end to end journey that automobiles would cover in 25 minutes on Expressway.

 

Ravinder Singh

September26, 2011

 

Freeze on realty around metro rail ends

 

TIMES NEWS NETWORK September24, 2011

 

Ahmedabad: The metro rail corridor will now be lined by high-rises and commercial buildings.

   The state urban development department has withdrawn the freeze on all permissions for construction within the 150 metres on either side of the proposed Metro-link Express for Gandhinagar & Ahmedabad (MEGA).

   And, there is more. Residents whose properties are in the way of the corridor earmarked for the project will now be paid in terms of comparable FSI as part of the compensation package.

   A circular dissolving the earlier no-construction norm along the metro corridor was sent by the UD department to Ahmedabad Municipal Corporation (AMC) recently. "It was in December last year that the state government had imposed a bar," said municipal commissioner Guruprasad Mohapatra. "MEGA may have finally decided on the alignment for metro train and it is in this respect that the circular was issued to us."

   The circular, however, comes with a rider — if anytime in the future, the metro company or the state government decides on a fee to be collected from beneficiaries along the metro route, then the beneficiaries themselves may have to pay.

   For now, the state government has authorized AMC to give permissions to build.

   A senior tax official told TOI, "Beneficiaries will be granted 1.2 to 1.8 FSI — according to the prevalent building norms of that zone through which the corridor will pass." If an owner loses 100 square metres to the corridor he or she will be assigned an FSI to compensate that loss, the official said.

   A committee headed by chief secretary A K Joti had met on August 9 and had suggested the withdrawal of the restriction. It was in August that the alignment of the metro rail was given the final go ahead. "There were issues with metro approaches to the airport. This too has been resolved," said a senior urban development official.

LENGTH

Vasna to Akshardham 32.65 km GIFT city to Koba circle 18 km Kalupur to Thaltej 10.9 km

STATIONS

Vasna-Akshardham 30, Kalupur to Thaltej 12

 

$120b Metro Scam > Modi 3X Mayawati, 40X Indian Railways

 

Can't Gujarat fund this Metro project? Yes it can but then who shall fill the demands of Corrupt Gujarat government.

 

Even more interestingly this pigmy looking project is 10 times more in potential loot than even NHAI projects exposed by SK Dubey.

 

When Mayawati allowed Rs.60 crores per kilometer for Yamuna Expressway, Modi has allowed Rs.200 crores per kilometer for Gandhinagar -  Ahmedabad Metro Railway project that is on surface for 18 km. Indian Railways cost per kilometer of track comes to just Rs.5 per kilometer.

 

Just like Mayawati representing a poor state – Modi too is funding the project from sale of land along the track 800 meters on either side.

 

Roughly 35 sq.km of area shall be delivered to Pvt Builders for development or 8750 acres.

 

At Rs.50 crores per acre as developed value per acre – it could be Rs.100 crores considering its location between Gandhinagar and Ahemdabad – the SCAM is worth at least Rs.3,00,000 crores to Rs.6,00,000 crores.

 

Modi is most corrupt considering –

 

- He connived with RIL to hoard Oil & Gas in Offshore blocks resulting in $500b worth of production loss.

 

- He backed down 60 BU of electricity to let pvt companies skim the cream.

 

- He failed to complete Narmada Canal project.

 

- He provided illegal benefits of Rs.10,000 crores to Tata.

 

Ravinder Singh

September24, 2011

 

60% of funds to come from real estate projects

 

TIMES NEWS NETWORK September24, 2011

 

Ahmedabad: A critical aspect of the Rs 3,400 crore metro rail project is that close to 60% of the funding — between Rs 2,000 crore and Rs 2,500 crore — will come from real estate development along the corridor. The urban development department will plan a policy, which involves special development regulations for areas earmarked within a specific radius of the metro corridor.

   The concept called Transit Oriented Development (TOD) means that development within 100 metres and 500 metres to 800 metres around the metro rail may accommodate high-density residential or commercial hubs. These high-density development projects will fuel the metro with people coming to work and living along the corridor.

   To make the metro rail project economically viable, a concept of the metro transporting local freight between destinations within the city is also being proposed. A similar system exists in the US. Sources claim that the metro can tap 15-18% of freight movement within the Ahmedabad, which happens on weekdays.

   Besides, senior officers at MEGA pointed out that the height of the metro rail elevated corridor would not be as high as they are in Delhi. This has been decided keeping in mind the future need of building multi-level flyovers. In addition, MEGA is planning a broad-gauge network.

Corridor space finalized

"Only two pieces of land remain to be acquired for the project," an AMC official said. "These are a plot near a CNG pump station in Ranip and a small piece of land near a heritage structure under the Archaeological Survey of India (ASI) in Paldi." The total metro route will be 32.65 kilometres while the Gandhinagar–Koba circle will be 18 kilometres, he said.