A massive land scandal has rocked Maharashtra's City and Industrial Development Corporation (CIDCO), with former chairman facing severe backlash for approving land transactions valued at a staggering ₹5000 crore during his leadership period.
The Controversial Deals
During his tenure as CIDCO chairman, numerous land deals were pushed through approval processes, raising serious questions about transparency and due diligence. The transactions, involving prime real estate parcels, have now come under the scanner of investigative agencies and political opponents.
Political Fallout Intensifies
The opposition parties have launched a fierce attack on the former chairman, demanding a thorough probe into what they're calling "one of Maharashtra's biggest land scams." The controversy has triggered a political storm that could have far-reaching implications for the state's real estate and development sectors.
Key Concerns Raised
- Approval of land deals without proper valuation
- Alleged bypassing of standard procedures
- Questions about beneficiary selection
- Lack of transparency in decision-making
Investigation Demands Grow
With the scale of the deals reaching ₹5000 crore, multiple agencies are being pressured to investigate the matter. The controversy has put the spotlight on land allocation processes in government development corporations and the need for stronger oversight mechanisms.
The unfolding scandal threatens to expose deeper issues within Maharashtra's urban development framework, with calls for systemic reforms growing louder among transparency advocates and political commentators.
