India

BSP Supremo Mayawati’s Brother & Sister-In-Law Bought 261 Flats At 46% Discount In Noida While She Was CM, Report Reveals Forgery

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.

Also read: Sensex Soars 466 Points To Conclude At Lifetime high Of 63,384

Spriha Rai

Recent Posts

India Strengthens Economic Ties With EFTA: A New Era Of Growth And Partnership

India’s growing partnership with the European Free Trade Association (EFTA) offers promising opportunities for economic…

2 hours ago

Apple’s Projected Revenue Surge In 2024, Driven By iPhone 16e Launch

Apple is set to generate an estimated $11 billion in revenue from iPhone sales this…

2 hours ago

PM Modi Emphasizes Leadership’s Role In National Progress At SOUL Conclave

PM Modi highlighted vital role of leadership in driving national progress, stressing need for a…

2 hours ago

Uttar Pradesh Chief Minister Highlights Growth Plans to Achieve $1 Trillion Economy Goal

UP CM Yogi Adityanath reaffirmed the state's commitment to reaching a $1 trillion economy by…

2 hours ago

NPS AUM Set To Double, Expected To Reach Rs 29.5 Lakh Crore In 5 Years

The National Pension System (NPS) is poised for significant growth, with AUM expected to more…

2 hours ago

NCS Portal Hits Milestone, Mobilizes Over 440 Million Vacancies And Registers 4 Million Employers

India’s National Career Service (NCS) portal has made significant strides in connecting job seekers and…

2 hours ago