Business Standard
Tuesday, Nov 24, 2009
 
drived banner
drived banner
  Advanced Search
Feedback | RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Smart Portfolios II
  Search:

Politicians target Taj Guwahati land deal
Supratim Dey / Kolkata/ Guwahati October 16, 2008, 0:06 IST

The venture of the Taj group of hotels into Guwahati appears to be up for a bumpy ride as few groups and a political party have come forward to attack the land leasing agreement between the state government of Assam and Indian Hotels Company Limited.

 
 
News Now
Paper
Specials
- Sensex ends up 130pts
- FII-TO-FII: Union Bank traded at 3% premium
- Bihar govt issues legal notice to RIL
- No word from Tata on Singur land compensation: govt
- Insurance sector to see 10% growth in 5-6 year: IRDA
More  

The Taj group had recently entered into a 90-year land lease agreement with the state government for 15 bighas at Khanapara in eastern Guwahati for setting up of a luxury five star hotel.

The Nationalist Congress Party, which along with few other civil organisations has opposed setting up of the hotel at its present location, feels that the state government should have allotted the land in the outskirts of the city to decongest it.

The party is also against leasing of prime land in the city for setting up of a hotel. Further it alleged the whole land allotment process was done secretly.

The land was transferred from veterinary department, the original owner, to tourism department and then finally to Indian Hotels Company Limited, alleged the party. It opposed the relocation of a school, besides few residents, to facilitate construction of the luxury hotel. Criticizing the state government for not inviting open bids from other parties for setting up the hotel, and leasing a prime land at under value, Akshyay Rajkhowa, general secretary of the NCP state unit, said the party would chart out a plan programme in the coming days to oppose the setting up of the hotel. Under the land leasing agreement, the construction of the hotel would start within 6 months from the date of receipt of approval of building plans from Guwahati Municipal Corporation and Guwahati Municipal Development Authority and will be operational within 48 months of execution of this deed, subject to grant of all requisite approvals from the concerned authorities.

Arrow Other Stories     
- Sensex ends up 130pts
- FII-TO-FII: Union Bank traded at 3% premium
- Bihar govt issues legal notice to RIL
- No word from Tata on Singur land compensation: govt
- Insurance sector to see 10% growth in 5-6 year: IRDA
More  
  Read Business news in 
  Get financial advisory and solutions for your projects
  Holidays starting at a delightful EMI of Rs 3481
  Switch on and say hello to Monday morning !
  Your dream home can now be a reality.
  Visit Fortis for a preventive health check-up & get a 20% discount.
  Follow the ups and downs of your investments. Try our new Portfolio Tracker
  Kolkata Dock \ Freight contract for the British Gurkhas Nepal
  Find how Midsize Businesses use ERP to gain competitive advantage
  Trading in Forex is now as easy as 1-2-3
  Discover an economical and cost effective way to market your products and services
  Giftwithlove.com: Same day delivery of Flowers and Cakes to India
  Download the E-book on the Future of Business Intelligence
  Learn Best Practices for improving customer satisfaction
  Know your customers better... download the free e-book on CRM
   Discussion Board / User Comments    
Display Name  Email-Id  
Post your comment
munin
At any cost this 5* hotel at khanapara , Guwahati should construct for the development of this city as well as the North East. If any problem arise relatet to land acquisition I think this can be easily be negociated .
Reply
Most Popular
Read
E-Mailed
Commented
   
- Mittal plans 6 mt plant in Karnataka
- LSE cancels automatic trades in RIL depository receipts
- Sebi notice to RIL, seeks to bar firm from capital mkt
- IMT Nagpur gets new director
- AP government to abide by court orders on mining
 
 More  
BS Poll
Cast Your Vote
 
   
 
Should educational institutions be allowed to approach the capital market?
  Yes  No
Submit

  Hot Searches  
 
Amitabh Bachchan | N Chandrasekaran | Swine Flu | Mukesh Ambani | Anil Ambani | TCS | Infosys |  Air India |  Duronto |  Pranab Mukherjee | Sonia Gandhi | Congress | Rahul Gandhi |  Bigg Boss |  New Pension Scheme |  Service tax |  Excise duty |  Sebi | Tech Mahindra |  Ramalinga Raju |  Satyam |  Reliance  |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  |  B-School | DLF  Sensex |  Tax calculator | Home Loan  | Bollywood | Personal Finance |  inflation | oil prices |  World Bank | Reliance Infratel |  HDFC |  Barack Obama  
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Site Map | Contact Us | Feedback