indore is indore development authority ida playing trick with the people statistics collected from the authority on plot sale reflect so there has been consistent drop over the years in the sale of plots this according to sources is because the ida wants to earn more when the prices of these plots get appreciated in future the ida managed to sell only 435 plots in 201112 thus enriching its kitty by only rs 16726 crore the sources maintain that by withholding land the ida had risked its annual revenue for the current year however the ida officials deny any trick the authority in its budget report mentioned the poor response to its big plots and legal wrangles as the major reasons for delay in sale of plots at scheme number 134 136 and 140 the ida has shown a sharp decline in the sale of plots in the last two years in the year 201011 the ida had sold only 430 plots while in 201112 it could sell 435 plots the figures are in sharp contrast from the previous records in the year 200910 ida sold 4443 plots in 200809 it sold 6096 highest in recent years and in 200708 it had sold 5167 plots ironically the sky rocketing real estate prices have somehow seemed to have balanced the revenue earnings of the ida in the year 200809 ida earned rs 13121 crore from the sale of 6096 plots in 200910 it earned rs 14497 crore by selling just 4443 plots land prices have soared rapidly in the past two years and as a result the ida earned rs 15231 crore and rs 16726 crore by selling just 430 plots and 435 plots respectively sources pointed out that this is a deviation of ida from its original purpose to provide houses and plots to people at affordable prices today ida seems to be more interested in earning money from selling plots than providing land and house to common man at affordable rates said a retired ida official who wished not to be identified adding that authority is acting more like a real estate firm than the public institution ida ceo chandramouli shukla however refuted the allegation saying that they are planning to sell 2758 plots and houses in 201213 including 1892 plots and 866 houses they are expecting to earn rs 33552 crores from it besides this ida is going to construct around 10000 affordable houses for lower income group people over the next three years tender for the construction of around 800 affordable houses has already been issued he added