Govt. UDF lock horns over Kozhikode KSRTC complex
The Hindu
Oppn. alleges graft in lease agreements, Minister points finger at Chandy Govt. for poor construction
The Congress-led United Democratic Front (UDF) Opposition walked out of the Assembly on Tuesday, accusing the Government of corruption in leasing out the expansive KSRTC commercial complex in Kozhikode to a builder at far less than the prevailing market rate.
Congress legislator T. Siddique, who tabled the matter, said the Cabinet had rigged the lease bid to favour the businessperson. The Government had slashed the caution deposit for the 1,13,328 sq ft premium space from ₹50 crores to ₹17 crores.
It allowed the KSRTC to enter into a 37-year rental agreement with the builder at a lease rate brazenly advantageous to the tenant. It had waived stamp and registration duties and given the builder State GST relief.
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