Out of ₹120 crore agreed, Embassy Group paid only ₹1 crore for metro station: Shivakumar

Mr. Jindal
2 Min Read

Deputy Chief Minister D.K. Shivakumar.

Deputy Chief Minister D.K. Shivakumar.

Deputy Chief Minister D.K. Shivakumar on Tuesday told the Legislative Assembly that the Embassy Group paid only ₹1 crore against the agreed ₹120 crore for the construction of a metro station of Bengaluru Metro Rail Corporation Ltd. at Bettadahalasur in the city under Phase 2A and 2B.

Replying to a question by Munirathna (BJP) during Question Hour, Mr. Shivakumar said: “The Embassy Group has about 250 acres near the proposed metro station and they were willing to pay ₹120 crore of the total cost of ₹140 crore to construct the station and name it after the company. They have given only ₹1 crore till now.”

He added, in jest, “We will build the station and name it after Mr. Munirathna if he pays for it.”

From CSR funds

Mr. Shivakumar said that as per norms, a station can be named after a company if it sponsors the construction with CSR funds. “Mr. Munirathna has about 70 to 80 acres of land there and hence he needs a metro station,” Mr. Shivakumar said.

Mr. Munirathna countered and said: “If Mr. Shivakumar makes a call to the Embassy Group, they will make the payment in 24 hours. Builders in Bengaluru only listen to him.”

Mr. Shivakumar further said that Revenue Minister Krishna Byre Gowda has discussed the issue of the metro station with him and he would look into it.

Encroachments cleared

Replying to a question by C.N. Ashwath Narayan (BJP) on the flooding of low-lying areas in the city, Mr Shivakumar said so far 2,395 encroachments on storm-water drains have been cleared.

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