Part-2: Where is the Sports Infra in 'Sports City'
Part-2: Sports City Scam www.infralive.com 35 InfraLIVE November 15, 2022 taken till date and none of the sports infra projects are likely to be completed in near future, the homebuyers of those registered residential projects under con- struction are likely to face major issues in getting their flats regis- tered. Incidentally, most directors of the SPC at the time of allotment of plots have since resigned and left. The decision of the Noida Authority to approve the use of increased FAR of the entire area of the sports city in residential/ com- mercial projects of allottees/ sub- allottees without monitoring and ensuring the construction of inte- grated sport infrastructure in 70 per cent area of each Sports City project is also injudicious and highly improper. It would affect the future prospects of the home buy- ers of these residential projects as their flats may not be registered unless envisioned integrated sport infrastructure in 70 per cent area of each sport city project is completed and outstanding dues of allottees towards Noida Authority are refunded. Significant incentives of Rs 713 crore Further, the CAG has deter- mined that Noida Authority had given significant incentives of Rs 713 crore in terms of reduced pric- ing of plots and allowance of extra Floor Area Ratio (FAR) and Ground Coverage (GC) to the allottee/ real estate developer for development of sporting infra- structure as against the payment of Rs 849 crores made for 703,002 sqm (174 acres) of land. Keeping in view the ongoing development of group housing projects vis-a-vis little progress observed in develop- ment of sports infrastructure in these projects in last ten years, it would tantamount to providing undue benefit of Rs 713 crore to the a l l o t t ee / deve l ope r s . No i da Authority, while allowing the build- ers to pursue group housing pro- jects, abdicated its total responsi- bility towards completion of envi- sioned sports infrastructure. Conclusion The world class sports infra- structure envisioned by the Noida Board more than a decade ago for holding national and international sports events at Noida failed to materialise even after allotment of 174 acres of prime land at a much subsidised rate more than eleven years ago. Though the main objec- tives of establishment of sports city have not been achieved, Three C group/ developers appeared to have grabbed hundreds of acres of prime land in the city at half of the market rate with the aid and abet- ment of senior officials of the Authority and have simply acted as a broker/ trader of the plots, rather than a real estate developer of sports city. Noida Authority needs to act swiftly and cancel the allot- ment/ lease agreement of the plot along with encashment of the indemnity bond. The Authority also needs to blacklist the allottees/ sub-allottees so that no plot of land ment) Act 2016 enjoins upon all promoters to submit an affidavit along with their application for registration of the projects stating that: (A) he has a legal title to the land on which the development is proposed along with legally valid documents with authentication of such title, if such land is owned by another person; (B) the land is free from all encumbrances, or as the case may be details of the encum- brances on such land including any rights, title, interest or name of any party in or over such land along with details. Though the brochure of the s c h eme f o r s p o r t c i t y a n d lease/sub-lease deeds executed by the Noida Authority stipulated that 70per cent area of the plot would be used for sports/ recreational, insti- tutional and other facilities, UP RERA have registered a dozen of residential and commercial pro- jects of the allottees/ sub-allottees on the plot of sports city without noting the caveat/ limitations on the use of 70 per cent of plot of land of Sports City for integrated Sports infrastructure. As a result, the con- sumers/ homebuyers of these pro- jects were not provided crucial information regarding significant limitation on the plot/ land and the fact that promoters/ allottees/ lessees are also required to develop the integrated sports infrastructure on the 70 per cent of plots of land of Sport City. The status of these pro- jects is shown in box at pg 36. As most of the major Sport infra- structure have not been under-
Made with FlippingBook
RkJQdWJsaXNoZXIy NjE4NzY1