Track2Realty: DLF on rejected activist-turned-politician Arvind Kejriwal’s allegations of corruption in the business dealings with Robert Vadra, saying the Sonia Gandhi’s son-in-law bought flats from the company at prevailing market rates. The company also clarified that no unsecured loans were given to Vadra.
Track2Realty: In fresh allegations, activist-turned politician Arvind Kejriwal has termed the deals between DLF and Robert Vadra as ‘illicit’ and says he stands by his accusations against them. Arvind Kejriwal continued his offensive against Robert Vadra, DLF and the Congress Government in Haryana. Alleging that the Haryana Government had given undue benefits to DLF, Kejriwal said that the Punjab and Haryana High Court had pointed at a “malafide nexus” between the two.
Track2Realty: Union Minister for Urban Development Kamal Nath has promised to enhance collaboration with UK to improve overall urban infrastructure. He was speaking on Monday, Oct 8, at RICS international conference-Cities 2030: Are we on track?
Track2Realty: The Confederation of All India Traders (CAIT) has strongly objected to the reported statement of Ashok Chawla, Chairman, Competition Commission of India (CCI) who has openly favored FDI in Retail.
Track2Realty: India Against Corruption (IAC) raised certain allegations, some of which pertained to DLF. In this regard, we would like to state that the business relationship of DLF with Mr Robert Vadra or his companies, has been in his capacity as an individual entrepreneur, on a completely transparent and at an arm’s length basis. Our business relationship has been conducted to the highest standards of ethics and transparency, as has been our business practices, all around.
Track2Realty-Agencies: Two men, one of them a history-sheeter on Pune Rural Police records, sustained bullet injuries after four people opened fire at them in at Avdhut arcade office of Rajhans Real Estate, Patilbaugh in Wadgaon Budruk on Pune-Bangalore highway on Saturday, Oct 6.
Track2Realty: Stung by allegations of corruption from social activist Arvind Kejriwal, real estate major DLF on Saturday, Oct 6, vehemently denied it had advanced any unsecured loan to Congress chief Sonia Gandhi’s son-in-law Robert Vadra.
Track2Realty: The allegation that businessman Robert Vadra and real estate giant DLF have deep illicit links, where Vadra was given an interest-free loan from DLF, which also sold him vast amounts of property at hefty bargains in return for favours from the Congress, could not offer evidence of a quid pro quo.
Track2Realty-Agencies: The Vishakhapatnam Urban Development Authority (VUDA) has issued notices to four firms here on Friday, Oct 5, for violating the rules. VUDA issued notices to Bommarillu Farms & Villas India Limited for development and marketing a layout of 15 acres without necessary permission in the name of Kotha Bangaru Lokam in Kumarm village in S Kota mandal of Vizianagaram and imposed a penalty of Rs 6.21 lakh.
Track2Realty-Agencies: The Sahara group today moved the Supreme Court seeking review of the verdict ordering it to refund Rs. 24,000 crore, raised from investors through optionally fully convertible debentures (OFCDs).