mantri

The National Green Tribunal has delivered a landmark judgment against the massive SEZ project coming up on the wetlands of Agara and Bellandur lakes. The Tribunal has imposed a penalty of Rs 130 crore on Mantri Techzone and Core Mind Software Services, along with passing other important orders related to the case. What's more, they have also pronounced orders to regulate construction near lakes. A picture of the construction on the lake bed as on April 6th 2016. Pic: Shree DN Presenting a detailed report: NGT fines Bellandur SEZ developers; orders demolition of encroachment. Today, with this judgment, as citizens…

SEZ project on Agara-Bellandur lake bed. Pic: Pavithra Ashok Kumar The National Green Tribunal (NGT) issued a historic judgment on May 7th, 2015, on the Special Economic Zone (SEZ) project by Mantri Tech Zone Pvt Ltd and another project by Core Mind Software and Services Ltd. Both the projects were being constructed on the catchment area of Agara and Bellandur lakes. The highlight of the verdict was the Tribunal slapping a penalty of Rs 117.35 crore and Rs 22.5 crore to Mantri and Core Mind respectively, for commencing the project before obtaining Environmental Clearance. The Tribunal has also formed an…

Karnataka Industrial Area Development Board has issued an order instructing M/s Mantri Techzone Pvt Ltd / M/s Manipal ETA Infotech Ltd to stop the construction of the Special Economic Zone, residential and commercial buildings coming up on 72 acres of land that lies between Bellandur and Agara lakes, in South Bengaluru. Post the Upa Lokayukta’s comments on Mantri SEZ in a meeting held on December 20, 2013, KIADB’s 327th Board Meeting discussed the matter and passed an order directing Mantri Techzone Pvt Ltd to stop the construction with immediate effect. According to the minutes of the KIADB Board meeting, the…

Citizens of Koramangala, HSR Layout and Bellandur areas have come together under an umbrella group called South-East Bangalore Forum for Sustainable Development, to oppose the massive 72-acre IT SEZ project by Manipal ETA Infotech, near Agara Lake. 27 RWAs representing over 25,000 residents have joined hands and written to Traffic police, BBMP, BDA, BWSSB, Karnataka Udyog Mitra, KIADB, Lake Development Authority, and industry bodies like CII, CREDAI and Nasscom. Citizen Action Forum, a pan-Bangalore federation of over 70 RWAs, has also come forward to support the campaign. The ongoing construction at the area between Bellandur and Agara lakes Pic: Kedar…

A massive Rs 2,300 crores industrial project is coming up in Agara, adjacent to Koramangala, along Sarjapura Road, the first of its kind here. But it might be coming at a cost to the people staying nearby. The project, by Manipal ETA Infotech Pvt Ltd, is a township that includes an SEZ, retail outlets, hotels, office buildings, two residential apartments etc. The project is a joint venture between Century Real Estate and Mantri Builders - while Century is providing land, Mantri is taking care of the construction. A SEBI document of 2011 mentions Sushil Mantri as Chairman and Managing Director…