Mayawati
A major development concerning former Uttar Pradesh Chief Minister and BSP supremo Mayawati has come to light. There has been a lot of talk about Mayawati’s brother and sister-in-law buying 261 flats in Noida at a 46% discount when she was CM.
The technique of allocating flats was discovered to be dishonest. After this news broke, questions about corruption during the BSP rule heated up in political circles.
The BSP supremo’s brother and sister-in-law have been granted 261 Noida flats at a 46% discount. According to the research, the allocation of flats was based on deception and undervaluation.
By reviewing government data, ‘The Indian Express’ made a significant disclosure concerning this. The analysis looks back 12 years, from the creation of Logix Infratech Pvt Ltd until its bankruptcy. Along with this, the report from the 2023 forensic audit has been provided.
According to this allegation, Anand Kumar and Vichitra Lata were given a total of 261 flats by the real estate firm Logix Infratech Private Limited. That flat in Noida was built by the real estate firm Logix Infratech Pvt Ltd.
According to the investigation, the then-chief minister’s brother and sister-in-law were assigned apartments on the property through fraud and undervaluation.
Logix Infratech Private Limited was created in 2010, according to the research. Let us remind you that the BSP administration in UP was created in 2007 under the leadership of Mayawati.
Mayawati’s brother Anand Kumar and his wife Vichitra Kala signed an agreement within two months of the company’s formation. The deal was struck at Rs 2,300 per square foot and Rs 2,350 per square foot for two lakh square feet at Noida’s Blossom Greens project. According to the report, Mayawati’s brother Anand Kumar had to pay Rs 46.02 crore and his sister-in-law Vichitra Lata Rs 46.93 crore.
Following this, the company was allocated a lease on around 22 acres of land in Noida to create 22 towers till September 2010. The survey also found that between 2010 and 2022-23, 2,329 flats on this land were sold, with 848 buyers taking possession.
Anand Kumar and Vichitra Lata were given plots 135 and 126 for Rs 28.24 crore and Rs 28.19 crore, respectively, until April 4, 2016.
Overall, the land purchased by Mayawati’s brother Anand Kumar for Rs 2300 per square foot was sold to other buyers for Rs 4350.85.
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