INDIA
In a major development under the ongoing drive to free access land held by major companies in Pithampur industrial area, AKVN Indore has found out that Mahindra's two-wheeler manufacturing unit is in possession of astounding two-acre excess land.
The corporation has started action to withdraw this land and also is pondering over to act against the 'erring' company.
AKVN managing director Manish Singh told dna that Mahindra's Pithampur-based unit has been found in possession of two-acre land (8,000 sq ft) beyond the quota of land officially allotted to the company.
Singh added that the revelation is part of the drive launched by the corporation against major companies in Pithampur for assessing any excess land held by these units.
"The company has been directed to hand over the possession of excess land," the MD said.
On being asked whether the corporation would penalise the company for encroaching upon government land, the MD said that the corporation is pondering over appropriate action.
According to sources, the AKVN staff had found extra land in possession of the company during first measurement of land but the company had declined to agree to the outcome. Following this, the AKVN had formed a committee comprising officials from two independent agencies-- AKVN and the company.
The measurement afresh also had affirmed the earlier outcome, said an official from the corporation. The land plot of the Mahindra's manufacturing unit is based in Pithampur sector I.
According to AKVN officials, at the rate of Rs 400 /sq ft, the 8000 sq ft land is worth Rs 32 lakh.
In coordination with private consultant, the AKVN Indore is busy surveying the land allotted to industries in Pithampur region. The survey work has already been completed in Pithampur SEZ and at present, the same is going on in three sectors of non-SEZ area of the industrial area.
Corporation's survey reveals
Mahindra's Pithampur-based unit has been found in possession of 8,000 sq ft beyond the quota of land officially allotted to the company. At the rate of Rs 400 /sq ft, the 8000 sq ft land is worth Rs 32 lakh. The revelation is part of the drive launched by the corporation against major companies in Pithampur for assessing any excess land held by these units, said AKVN managi direction Manish Singh.
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