Vineet Gill, TNN, Nov 9, 2010,
GURGAON: A dispute has broken out between the state industrial development body and the industrialists of Manesar. The HSIIDC has asked the industrialists to pay the enhanced compensation updated land rates per sq mt to the original land owners. On the other hand, the industrialists are saying that it is the responsibility of the HSIIDC to make the payment.
As per the Supreme Court order, passed in the year 2007, the enhancements rates, which were Rs 356 per square metre in 2004, were raised to Rs 993 per square metre in 2007, a sum which HSIIDC asked the industry owners to defray. On the other hand, the industrialists of Manesar believe that HSIIDC should live up to its status of a no-profit-no-loss organization and incur the enhancement expenses in the interest of the industrialists.
This has created a rift between the authority and the industrialists, especially in the light of the recent disclosures made by the HSIIDC regarding its expenditure and the huge profits they have made during the land allotments. A response to an RTI application filed by the Manesar Industrial Welfare Association (MIWA,) makes it clear how land was acquired at rates as low as Rs 100/sq mt and sold for as much as Rs 2,000/sq mt. The RTI response mentions clearly that the HSIIDC got Rs 486 crore from their industrial allotments and Rs 356 crore from commercial allotments; in total they have made about Rs 1,800 crores, said D C Gupta, a lawyer who represents the MIWA. Gupta further said that money spent by the HSIIDC pales in comparison to all the money they made. Only Rs 98 crore was spent during the acquisition. And then a further Rs 600 crore spent on the development, he said.
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