Signing of MoU between Government of Chhattisgarh and MSTC Ltd

A Memorandum of Understanding was signed between Department of Mines and Geology, Government of Chhattishgarh and MSTC Ltd. for appointing MSTC as e-Auction Service Provider for e-Auction of non-Coal mining blocks on 27th November, 2015 at Raipur.

The MoU was signed by Shri B B Singh, Director Commercial, MSTC and Sushri Reena Babasaheb Kangale, Director Mines and Geology, Government of Chhattisgarh .

Signing of MoU between Government of Jharkhand and MSTC

A Memorandum of Understanding has been signed between Department of Mines and Geology, Government of Jharkhand and MSTC Ltd with latter being appointed as e-Auction service provider for non-Coal mining blocks on 27th November, 2015 at Ranchi.

The MoU was signed by Shri Subrata Kumar Ray, General Manager, MSTC and Shri S.P. Negi, Special Secretary cum Director Mines, Government of Jharkhand.

Times of India, Hyderabad Edition, 26th November, 2015

Deccan Chronicles, Hyderabad Edition,26th November, 2015

Huge Response to Online Land Auctions by TSIICIndian Express, Telengana, 26th November, 2015

HYDERABAD: After months of lull in reality sector, the boom time started in Telangana state. There is a huge response to land auctions conducted through online by the TS Industrial Infrastructure Corporation (TSIIC) here on Wednesday.

Aurobindo Pharma purchased five acres land in Rayadurgam area at a record price of Rs 29.28 crore per acre. This is the highest ever price for a land offered after the formation of Telangana state.

The TSIIC issued e-tender-cum-auction notification for sale of lands in Rayadurgam, Kokapet and Manikonda areas on October 30.

On Wednesday, the e-auction was conducted from 12 noon to 3 pm. The lands in Rayadurgam are intended for commercial and other purposes, whereas Kokapet and Manikonda lands are for residential purposes.

Aurobindo pharma purchased five acres in Rayadurgam at a cost of Rs 29.28 crore per acre. The same Aurobindo purchased 3.65 acres at some other place in Rayadurgam at cost of Rs 24.88 crore per acre. Naya Infra company purchased two acres for Rs 24.2 crore per acre. Symed Labs purchased three acres at Rs 22.02 crore per acre.

When the real estate boom was at its peak in 2007-08, the APIIC conducted land auctions. The land rates offered then by various companies were between Rs 18 crore to Rs 23 crore per acre. Now, the land rates surpassed all-time record and even crossed the prices offered in 2007-08 considered boom period.

All these firms, which purchased lands on Wednesday would set up their corporate office in Rayadurgam. 

Record prices were offered even for residential lands auctioned by the TSIIC on Wednesday. In Manikonda, Earth Papers purchased lands by offering Rs 12.63 crore per acre. In Kokapet, another company purchased land at Rs 6.05 crore per acre.

As per the directions of chief minister K Chandrasekhar Rao, the TSIIC conducted e-auction of lands for the first time. Those offered highest rates through online would be allocated lands, official sources said.

The entire tender process and allocation of lands as per the highest bids would be finalised automatically through online. Later, the TSIIC would give possession of the lands as per the online data basis, sources said.

Ms. Bharthi S Sihag, IAS, Addl. Secretary & Financial Advisor, Ministry of Steel inaugurated MSTC Stall at India International Trade Fair (IITF) 2015 on 14th Nov 2015 at Pragati Maiden, New Delhi in presence of Shri. S K Tripathi CMD & Ms. Urvilla Khati, Joint Secretary, Ministry of Steel

e-Auction of Land SaleThe Times of India, Kolkata & Mumbai Edition; The Hindu ; Sangbad Pratidin; Khabar 365 Din; Bartaman; Aajkal; Hindustan Times, Delhi Edition;

KOLKATA MUNICIPAL CORPORATION (KMC), Govt. of West Bengal, invites offers from eligible Customers for allotment of following LANDS. The details of e-Auction to be conducted by M/s. MSTC Ltd., Kolkata Region (A Govt. of India enterprise) is as under 

LAND	Area of Land	Location	E-auction No. & Date
01	10.12 Acres equivalent of 40954.187 sq.meters. Land on Long-term lease.	Near Eastern Metropolitan Bypass, behind Bartaman (daily newspaper) Bulding, Kolkata.	MSTC/ERO/The Kolkata Municipal Corporation/1/New Market/15-16/11068 to be held on 03.12.2015
02	5.78 Acres equivalent of 23390.83 sq.meters. Land on Long-term lease.	Near Eastern Metropolitan Bypass, behind Hotel Silver Spring, Kolkata.	MSTC/ERO/The Kolkata Municipal Corporation/2/New Market/15-16/11069 to be held on 10.12.2015

Eligibility conditions for bidders:

The offer is open for all Land Purchaser / Developers / Promoters etc. No bidder shall be represented by any broker or agent.

For Registration as Bidder & other details  : Please visit www.mstcecommerce.com & www.mstcindia.co.in

Contact Persons:

KMC (for Land details)	MSTC Limited (for e-auction details)
Contact Person/Office	Contact Person/Office	Contact Person/Office
Shri Asit Baran Kundu Chief Valuer THE KOLKATA MUNICIPAL CORPORATION 5, S. N. Banerjee Road Central Municipal Office Kolkata – 700 013 Telephone : 03322861271 / 9830581760	Shri. Debdeep Sen Asst. Manager, E.R.O 225-F, AJC Bose Rd., 3rd Floor Kolkata-700020 Telephone: (033) 22891402/ 22900964, 9163600444 E-mail: debdeep@mstcindia.co.in	Shri. Sanjay K Pramanick Deputy Manager, E.R.O 225-F, AJC Bose Road, 3rd Floor Kolkata-700020 Telephone: (033) 22891402, 8902499800 E-mail: skpramanick@mstcindia.co.in

Observation of Vigilance Awareness Week The Times of India, Kolkata , 6th November, 2015

Vigilance Awareness Week was inaugurated at MSTC with a pledge being administered in English and Hindi by A K Basu, Director (Finance) and B B Singh, Director( Commercial ) respectively.

New Secretary Steel : Aruna Sundarajan, IAS

Senior IAS officer Aruna Sundarajan has taken charge as Secretary in Ministry of Steel.  She is a 1982 batch IAS officer of Kerala cadre, and her previous assignment was Administrator, Universal Service Obligation Fund under Department of Telecommunications. She has been appointed in place of Rakesh Singh, who superannuated on September 30, 2015.

Ms Sundararajan has over three decades of experience in a variety of leadership roles in the Central  Government and Kerala State . Important positions she has held include the Country Head of the Global E schools Initiative of the UN,  Mission Director, Rajiv AwasYojana under JNNURM,  and CEO of the prestigious  Common Service Centre Project under the National E-Governance Project, Government of India. Ms Sundararajan was instrumental in establishing the IT department of Kerala , the Kochi Infopark, and in initiating the SMART City project, Kochi.  She is no stranger to Kochi having started her career as Secretary of the GCDA. Ms Sundararajan was honoured as one of the top professional women achievers by India Today in 2009 and by Forbes Business Magazine in Aug 2012.