BDA staff expense under IT scanner
Many of them have been able to procure more than one house and plots at prime locations of the city
Oct 14, 2014
Source : The Telegraph
Bhubaneswar Development Authority


Bhubaneswar: The Income Tax (IT) department has asked the development authority to submit names of its employees who have invested more than Rs 5 lakh between 2010-11 and 2013-14.

Subsequently, the Bhuba-neswar Development Authority (BDA) has asked its officials to submit the documents by October 15.

“The IT has sought the investment details of the employees. As per the order, we have also asked the employees to submit documents so that it could be checked whether they got interest of more than Rs 10,000 during that period. Action will be initiated against the employees who fails to comply with the order,” said a senior official of the development authority.

Sources said the intelligence wing of the IT department decided to keep tabs on the income of the employees of the BDA after it came to know how a number of them had allegedly amassed properties without adhering to the tax norms.

Many of them have been able to procure more than one house and plots at prime locations of the city. “We wonder how one employee with a limited income has managed to acquire such huge properties. It should be probed,” said IT officials. The development authority, which has already burnt its finger in the plot and house allotment under the discretionary quota (DQ), started scrutinising the property lists of its employees.

“There are some people who are yet to submit their property lists to the organisation. Once all do it, we will scrutinise it,” said BDA secretary Ranjan Das.

However, Das said there was no provision to release the properly lists of its employees online.

Earlier, the Comptroller and Auditor General (CAG) had criticised the authority after it found discrepancies in its land allotment policies. Following a hue and cry over the allotment of plots under the discretionary quota, chief minister Naveen Patnaik constituted a three-member team headed by additional chief secretary Tara Datta to examine all the allotments. The committee has been asked to submit the inquiry report within four months.

“The inquiry is under way. Once the probe is over, the team will submit its report to the government following which the latter will bring a number of reforms both in the administration of the development authority and allotment policies,” said housing and urban development minister Puspendra Singh Deo.

Stung by severe criticism over allotment of more than one plot or houses to several beneficiaries under the discretionary quota by BDA, the authority has decided to go for a transparent method that will put an applicant’s documents in the public domain.

Under the Odisha Development Authority Act, 1982, a person cannot own more than one plot or house in the state capital from any government scheme floated by the general administration department, BDA and Odisha State Housing Board.

Citing an example, development authority vice-chairman Krishan Kumar said: “If there are 100 plots in a BDA housing scheme and the applicants are short-listed then we will upload the documents of all the applicants and also add a list of those who are in the queue. Once the documents submitted by 100 applicants in the short list have been vetted, if necessary, the waiting list will be considered.”

Latest Realty News

Will defend against SEBI ban order: DLF
Oct 14, 2014
Realty major DLF Ltd Tuesday said it would defend itself against any adverse findings contained in the order passed against it by market regulator Securities and Exchange Board of India (SEBI)
Builder fined Rs 5 lakhs for deficient services
Oct 14, 2014
A builder has been fined Rs 5 lakh by a consumer forum for providing deficient services to a housing society
Flipkart’s big realty deal in Bangalore proves aggressive hiring here to stay in e-commerce
Oct 14, 2014
Even as residential real estate is down in the dumps despite the festive season, the office space has seen an uptake across India as corporates look to relocate and consolidate operations
China's realty moguls see 5% drop in fortune
Oct 14, 2014
This year's average fortune of top 50 Chinese real estate tycoons was 14.9 billion yuan ($2.4 billion), 5 percent lower than that in 2013, Beijing Morning Post reported
Tata Housing's arm Value Homes launches e-commerce platform to sell homes
Oct 14, 2014
Tata Value Homes, a 100 per cent subsidiary of Tata Housing, launched its exclusive e-commerce platform to sell flats and is eyeing up to Rs 1,000 crore revenue by FY2015-16
New home launches rose 30% in March quarter: Assocham
Oct 14, 2014
Launches of new homes rose by 30 per cent during January-March period of 2014 in anticipation of recovery in the property market
JLL to release white paper on Hyderabad real estate
Oct 14, 2014
Real Estate market consultant JLL will release a white paper on the growth opportunities in the Hyderabad real estate market, later this week
High inventories force realty price slump in big cities
Oct 14, 2014
A vibrant festive season notwithstanding, things are hardly looking up for the real estate sector
Government extends concessions to realty sector
Oct 14, 2014
The Telangana government issued orders offering concessions to real estate sector
Bangalore honchos on property-buying spree in the US
Oct 14, 2014
The investments by Indians (those with Indian passports) in residential property in the United States rose by nearly 50% to $5.8 billion

Latest Realty News Of State

Realty Talk's