BMRCL could have earned ₹103.77 crore more from Nagasandra property: CAG
· thehindu.com
The audit found that, based on the prevailing guidance value and the valuation criteria applicable at the time, the potential value of the property could have been as high as ₹354.78 crore. CAG, therefore, calculated the potential revenue foregone at ₹103.77 crore.
The Bengaluru Metro Rail Corporation Limited (BMRCL) lost potential revenue of ₹103.77 crore by fixing the minimum development premium at a lower level while ...