Wednesday, March 19, 2008

Landsharks of Raigarh - Indiabulls + Reliance

World's largest Real Estate scam - The Great Indian SEZs scam has now reached Raigarh in Maharashtra. This SEZ is proposed to be developed by Dalal Street's famous speculators - IndiaBulls Real Estate along with Reliance ADAG's Reliance Infrastructure Ltd. Both the companies propose to build a 6,000 acre multi-product SEZ.

The Mumbai Trans Harbor Link from Sewree to Nahva-Sheva being developed by Reliance ADAG will service this proposed SEZ. According to our insiders, the SEZ is likely to have 2,100 acres of industrial processing area, a commercial area of 900 acres [Office Space, Hotels, Shopping Malls and Entertainment Zone] and a residential area of 1,500 acres.

So in the name of SEZs Gagan Banga and Anil Ambani are all set to send farmers into misery by forcible land acquisition. For 2,100 acres of industrialization these land sharks are grabbing 2,400 acres of Real Estate. Long live the corrupt Indian democracy!!!

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