AMRI hospital lease 16 times lower thanks to Left govt
December 14, 2011  12:02

Udpate on the AMRI hospital fire.

The Telegraph, Calcutta reports that the former Left government, where Jyoti Basu was the CM, had handed over the Dhakuria land to AMRI in an unusual deal that locked the annual lease rent at Rs 9.94 lakh -- 16 times less than the current market lease rate.

Few lease agreements freeze the rent for more than five years. But AMRI Hospitals, Dhakuria, was allowed a flat rate of Rs 6.40 lakh for one parcel of land and Rs 3.54 lakh for another for a long period of 30 years.

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