- Festive season launches add to realtors' woes in Q3, debt rises to Rs 36,476 crTata Power's Mundra project tariff hike to be about 47 paise/unitCERC ruling to reduce Mundra project's losses by Rs 400 cr: Tata PowerTata Power: CERC ruling to bring down Mundra project losses by Rs 1,100 crore
REAL estate major DLF Limited's proposed high-rise residential project, barely a kilometre from Rashtrapati Bhavan, is on hold, caught in the middle of conflicting security assessments by government agencies, and now the subject of a CBI inquiry as well.
Last November, the CBI registered a preliminary enquiry (PE) against officials of the urban development (UD) ministry for allegedly favouring DLF Limited, giving it permission to construct the building. The PE was registered following a reference from the Central Vigilance Commission (CVC), which received a complaint.
In June 2012, the DLF Limited project, on 23 acres on Sardar Patel Marg in Delhi, got the go-ahead from the UD ministry for a four-storey construction. Last October, DLF Limited asked for sanction to add four more storeys — in effect, doubling the height of the building from 15 m to 30 m.
The Intelligence Bureau found nothing irregular about this. In an assessment of that request in November last year, it said that “the proposed building would not pose any threat additional to what is presented by other tall buildings in the vicinity of Rashtrapati Bhavan complex”.
But in February 2013, the security wing of Delhi Police and the President’s Secretariat disagreed and sought a review of the original permission.
For its part, DLF Limited argued, in an internal document, that the security concerns were “imaginary”. After all, it said, an eight-storey building is to come up near Talkatora Stadium for accommodation for Members of Parliament and a new construction, has been planned at Hotel Ashok. Next to Hotel Ashok is Hotel Samrat, of similar height, which overlooks the official residence of the Prime Minister. “Security norms need to be applied uniformly and not selectively to block legitimate construction activities,” it said.
The project has a history of twists and turns. In 1992, the erstwhile Edward Keventer (Successors) Private Ltd (EKSPL), holding perpetual lease for dairy farming since 1942, sought land use conversion (for the project). The request was turned down in 2002. In the meantime, DLF Limited took over management of EKSPL.
In October 2010, a Joint Security Survey conducted by Delhi Police, the Intelligence Bureau and the President’s Secretariat opposed the proposal citing security reasons.
In June 2011, the Delhi High Court granted EKSPL permission for residential construction, subject to security clearances. The court noted that use of land for residential purpose was permitted in the area and many residential premises existed there.
In 2012, a second