Methran Kayal: 400 acres in the name of bogus companies; Narada News Investigation

Around 20 bogus companies were created to make the deal. Suspicious land registrations for 145 acre were made in the name of KM Rajesh, a resident of Lakshmi Sadanam, Thanneermukkom. Thousands of firms owning the land have common address.

Methran Kayal: 400 acres in the name of bogus companies; Narada News Investigation

Pramod Ottakandam

Surpassing rubrics of the land reform Act by creating bogus companies, Rakindo Group has acquired 400 acres of land in Methral Kayal in Kottayam, Kerala.

An exclusive Narada News investigation reveals illicit ways adopted to own the land when CPI leader KP Rajendran was the Revenue Minister. Around 20 bogus companies were created to make the deal. Suspicious land registrations for 145 acre were made in the name of KM Rajesh, a resident of Lakshmi Sadanam, Thanneermukkom.


It is learned that these companies

[caption id="attachment_347530" align="alignleft" width="258"] Order of the District Collector to proceed with registration[/caption]

were created in a single day. All were registered on 11th September, 2006, and only two addresses were provided for all of them.

No: 33/1783-D, Puthiya Road, Kanayannur Taluk, Vennala, Kochi, and No: 1, Subbaraya Avenue, CP Ramaswamy Road, Alwarpet, Chennai are the available addresses of 20 companies.

Rakindo Group, which possesses the ownership of land, was registered in the Chennai address on 8th August, 2007. No inquiries were made about Rakindo Group or its director board members before proceeding to land registrations. Surprisingly, no one had suspicion even when hundreds of acres of land were registered to a single person.



According to the land reform Act, no individual or family can possess more than 15 acres of land in Kerala. It is clear that the intention behind creation of bogus companies was to outrun the law and it succeeded to earn what they wished. No revenue official would allow it, if pressure was not put on from the top.

Thandapperu register of Kumarakom village office talks a lot about the fraud. Page 39 of Thandapperu register reveals how the land was split into pieces and went to a single owner. It is evident that fraudulent actions were made in the registration. But, no inquiries were done by the Revenue department before proceeding to registration.

[caption id="attachment_347533" align="alignleft" width="300"]
Registration signed by Additional Tahsildar, Kottayam[/caption]

Mini Antony, then collector of Kottayam, was the one who gave permission for registration on 6th November, 2009. It was under the Collector’s order the Kottayam additional Tahsildar ordered Kumarakom village officer to go ahead with registration. But, here also no inquiries were performed by the revenue officials.

Here is the list of bogus companies registered to own Methran Kayal land:







[caption id="attachment_347535" align="alignright" width="374"] List of bogus companies[/caption]

Megapolis Developers

Technopolis Developers

Vimalateja Projects

Vimalateja Developers

Manakkal Realtors and Hospitality

Kshithi Realtors and Hospitality

Kaitharam Realtors and Hospitality

Puraykkal Realtors and Hospitality

Sayujya Realtors and Hospitality

Koyikkal Realtors and Hospitality

Kulamattam Realtors and Hospitality

Pallichira Realtors and Hospitality

RPK Realtors and Hospitality

Karinjatta Realtors and Hospitality

Koneru Realtors and Hospitality

Peedikayil Realtors and Hospitality

Chippunkal Real Estate and Hospitality

Karivelil Realtors and Hospitality

PK Real estate and hospitality

All above companies were registered on 11th September, 2006. Ganesh Bhuminathan and Murali Krishna are the director board members of the companies.

462.A 12/6, Sasthri Nagar, Kovilppatti, Thuthukkudi, Tamil Nadu, is the address of Ganesh Bhuminathan.

No.1/623, Amugaha, Fifth Street, Karthikeyapuram, Matipakkam, Chennai, is the address of Murali Krishna. Both became members of director board on 28th September, 2015.

The addresses of the companies also evoke suspicion. 243 companies have been registered under the address No: 33/1783-D, Puthiya Road, Kanayannur Taluk, Vennala, Kochi. More than 3,000 companies have been registered under the address - No.1, Subbaraya Avenue, CP Ramaswamy Road, Alwarpet, Chennai. It is evident that all these companies are fake and a mafia is operating behind it.

People behind the story have strong influence in both LDF and UDF. The illegal registration was done at the time of LDF rule and the Oommen Chandy government was also blamed for approving Kumarakom Tourist Village project.