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  5. Manesar registrar knew Vadra's land value had shot 8 times in just 4 months: report

Manesar registrar knew Vadra's land value had shot 8 times in just 4 months: report

New Delhi, Oct 19: When Congress president Sonia Gandhi's son-in-law Robert Vadra's company officials came to the office of Manesar sub-registrar on September 18 this year to register the sale deed (no. 1435) with DLF

PTI PTI Updated on: October 19, 2012 11:45 IST
manesar registrar knew vadra s land value had shot 8 times
manesar registrar knew vadra s land value had shot 8 times in just 4 months report

New Delhi, Oct 19: When Congress president Sonia Gandhi's son-in-law Robert Vadra's company officials came to the office of Manesar sub-registrar on September 18 this year to register the sale deed (no. 1435) with DLF Universal of the 3.53-acre land that he had bought in Shikohpur in February 2008, the sub-registrar  was well aware that the value of this land had shot up by almost eight times from Rs 7.5 crore to Rs 58 crore in just four months, reports Times of India.




The land was bought by Vadra's Sky Light Hospitality on February 12, 2008, for Rs 7.5 crore. Immediately after that, Vadra's firm applied for change of land use licence (known as LOI/licence in official circle) which he was awarded on March 28, 2008.

Within months, Vadra entered into a sale agreement with DLF for Rs 58 crore for the same land and received the first instalment of Rs 5 crore on June 3, 2008. Subsequently, he got three more cheques of Rs 10 crore, Rs 35 crore and Rs 8 crore on March 27, 2009, November 7, 2009 and July 25, 2012 respectively.

All these payment details, including the cheque numbers, were mentioned in the sale deed which was signed and registered with the Manesar sub-registrar on September 18, 2012.

After reading the document, the sub-registrar could have easily detected the fact that the land which was bought on February 12, 2008, for Rs 7.5 crore was sold to DLF for Rs 58 crore by June 3, 2008, and the first instalment of the money was also paid to Vadra by then.

However, this did not prompt the officer to further probe the deal and find out whether the land was undervalued when it was bought by Vadra on February 12, 2008.

Between February and June 2008, Vadra's firm secured the change of land use licence - the crucial factor which helped the land price shoot up.

The tehsildar, Balraj Singh Dangi, told Times of India, “Collector rate of land at that time was Rs 1.55 crore per acre and the stamp duty was paid in accordance with the amount mentioned in the sale deed.”

However, he refused to elaborate on why the officer at the time of registration did not take note of the huge jump in the value of the same land between February and June 2008.

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