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Real Estate Companies In Gurgaon Thriving on Politicians Money

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Real Estate Companies In Gurgaon Thriving on Politicians Money

Last updated: May 18 2016
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  • #11

    #11

    Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

    Since india is a democratic country so ,whether it is gurgaon or any part of india unless & untill you have muscle power/political connection you can not survive in following business :
    real estate
    liquor business
    petrol pump
    pub & bar

    Comment

    • #12

      #12

      Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

      Originally posted by vik thakur View Post
      Bestech-arun jaitely again bjp
      Sorry that's factually wrong. Maybe someone said that to boast that's all.
      aapko information neche se mil rahe hoyega but mujhe information upar se mil te hai.
      But Bestech is a builder which adjusts black at booking like Grand Spa.
      Last edited October 28 2014, 12:33 AM.

      Comment

      • #13

        #13

        Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

        Originally posted by abhisek7 View Post
        Since india is a democratic country so ,whether it is gurgaon or any part of india unless & untill you have muscle power/political connection you can not survive in following business :
        real estate
        liquor business
        petrol pump
        pub & bar
        Hi
        Greetings

        You are right. However, one can survive without Pub and liquor but housing is a basic necessity and constitutes family equity about which Indians still hold a lot of value. Besides it is guaranteed in the constitution and by various state acts ensure fairness in such deals for home buyers

        As a result of state supported crony capitalism, creeping into almost everything, it does not give a feeling of being a citizen of a democratic country as found elsewhere in the globe.

        It gives more a feeling of British Raj which systematically sucked all resources and ensured that people remain poor by taking away all democratic rights.

        Also received from a valuable contributor a link pertaining to petition filed in the HOnble Supreme court regarding dubious land deals.
        PIL has been filed by Anil Tyagi of GFiles, and you can see the full story on the Great Land Robbery of Haryana in the Feb 2014 issue of Gfiles written by Neeraj Mahajan. Do have a look as some of the policy decision that you refer to in passing have been well described here http://www.inld.today/wp-content/upl...14-LOW-RES.pdf
        Updates on status of petition would be appreciated.

        A specific builder related intensive kaccha chitha, with graphic details, is always available on QuBREX – QuBit Real Estate eXchange | Gurgaon Based Real Estate Consultancy & Brokerage

        Cheers
        Last edited October 28 2014, 02:29 PM.

        Comment

        • #14

          #14

          Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

          BlessUji,
          I think your posts are contradicting

          Kindly support with inputs so that a comprehensive Petition may be forwarded to New CM and also tying his responsibility for setting right with such lopsided, unilateral, illegal, unfair situation.''

          HERE


          As a result of state supported crony capitalism, creeping into almost everything, it does not give a feeling of being a citizen of a democratic country as found elsewhere in the globe. "'

          AND HERE
          As far as I believe, the only alternative would be for the ordinary people to organize themselves in a systematic manner and bring out the atrocities committed by these establishment to the Public domain. In fact we can have business firms dealing with these issues.

          Comment

          • #15

            #15

            Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

            Originally posted by Counterfeit View Post
            BlessUji,
            I think your posts are contradicting

            Kindly support with inputs so that a comprehensive Petition may be forwarded to New CM and also tying his responsibility for setting right with such lopsided, unilateral, illegal, unfair situation.''

            Axis is regulations which have been tempered with

            HERE


            As a result of state supported crony capitalism, creeping into almost everything, it does not give a feeling of being a citizen of a democratic country as found elsewhere in the globe. "'

            This was in response to a specific post which talks about mafia/cartel type operations of politicians in certain business lines

            AND HERE
            As far as I believe, the only alternative would be for the ordinary people to organize themselves in a systematic manner and bring out the atrocities committed by these establishment to the Public domain. In fact we can have business firms dealing with these issues.

            Hi
            Greetings

            Yes it is an ongoing dialogue and any and every help in isolating and pin pointing legislation's which have been changed to benefit builders, is most welcome.

            However, that does not imply that it does not have a direction and definitely no confusion at least in my mind. Effort is to bring like minded people to the same page of the same book>>>>

            The axis of the argument is "Fair Deal" ensured to the home buyer under HRD Act

            ) The Board shall-
            (i) act as a nodal agency to co-ordinate all efforts of the Government regarding the development and implementation of infrastructure sectors and infrastructure projects for the benefit of State of Haryana, involving private participation and funding from sources other than those provided by State budget and shall,-
            (a) identify infrastructure projects for private participation;
            (b) promote competitiveness and progressively involve private participation while ensuring fair deal to the end-users;
            Rules / Acts

            -Monopoly of the state to provide licenses to builders who do not deliver and breach each and every undertaking given for obtaining licenses. Thus rendering all other residencies illegal and therefore forcing a buyer to buy only from private builders (and/or huda)

            -Inaction of the state and providing an escape route thorough compounding of charges, amendment in societies registration act, Rehabilitation and Settlment act not being adhered to etc.

            -Rules, Duties and Responsibilities of Director General and Role of Police clearly specified but no/very less FIRs being registered.

            -Police failing to investigate the matters, lack of specialised commercial crimes specialists, so many IGs have been made reducing the powers and intent to investigate against political will,

            -Quantum of illegalities going beyond controllable proportion and criminal conduct of authorities and builders becoming common practice.

            -Land is a state subject under constitution of India

            -HRD Act is a Special act of the state.

            -Police and DTCP taking cover under commercial contract, whereas Company act does not apply to Special Acts

            -Hapless buyers have to run to out-of-jurisdiction-courts, while HRD Act gives complete powers to DTCP to decide and adjudicate in the matters which clearly are within its scope, competence and objectives.
            15. Bar of jurisdiction of civil court—No civil court shall have any jurisdiction to entertain or decide any question relating to matters falling under this Act or the rules made thereunder.
            -The constitution of India Guarantees Shelter under right of life article 21, and the state is running from its responsibilities, which is not as per the legislative intent.

            An complete account of all arbitrary, one sided, unilateral amendments made in various legislations to favour builders, during the last 10-15 years is being prepared and need continuous thoughts and inputs to make it absolutely water tight. This will help the new government to show their slogan of GOVERNANCE in action and probably help them retaining law and order.

            Cheers
            Last edited October 29 2014, 11:54 AM.

            Comment

            • #16

              #16

              Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

              Originally posted by boomer View Post
              Lemme start the list with my humble contribution
              Builder- Promoter - Party And Politician
              Vatika- Bhallajis - CPM Money from Jyoti Basu.
              DLF - In this case certain shareholding belongs to non-promoters (complicated corporate structure)aka Politicans such as Vadra,Rahul Gandhi and Kamal nath so this is a truely corporate player - Kamal Nath Personal funds. He for example bought DLF EMPORIO for 500 Crores
              IREO- Suddanshu Mittal aka Tambuwalla from BJP.

              So I am being fair by giving a third front party,Congress party and BJP Party.
              Add to the list guys.
              Hi
              Greetings

              Era..Avtaar singh Badana, Congress MP
              Landmark... Congress..https://www.indianrealestateforum.co...457#post116457

              Cheers

              Comment

              • #17

                #17

                Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

                Originally posted by MANOJa View Post

                Can u please explain in detail on this ?
                The names I listed above are very well established link with ex-party govt. and already proven. Now unexceptional raise of these companies in such short span is phenomenal, there is no need to explain what support they were getting in past which is impossible for any unbiased company doing their business in any part of state in India.

                Question mark comes:


                1. Will they able to retain same favor from bureaucracy.

                2. There are hundred of procedure to follow which most were never done in past and despite they keep operative functioning.

                3. What happened when past transgression exposed and reaction of newly elected govt.

                4. Are there are chance of probe for fairness of deal done with farmers/customers?

                There are so many if and buts and lets wait and watch, but on one thing I am sure now "kuch logon ke bure din anne wale hain".....

                Please also follow the link of Gfiles, where few are exposed by the magazine:

                Gfiles February 2014

                some other articles and linkages are enclosed herewith:

                INLD submits chargesheet against Hooda to Haryana governor for his alleged wealth

                TNN | Aug 18, 2014, 06.19AM IST

                inShare
                CHANDIGARH: Accusing the Haryana chief minister Bhupinder Singh Hooda and his family members of amassing wealth by corrupt practices in the past 10 years, opposition INLD on Saturday submitted a chargesheet to the state governor demanding a judicial probe into various 'scams' held during Hooda's tenure.

                In its 140-page chargesheet submitted to governor Kaptan Singh Solanki, INLD has accused Hooda government of committing scams worth Rs 8-10 lakh crore in the past 10 years and has sought directions for probe from a Supreme Court judge into various property transactions of CM and his family members.

                The INLD delegation led by party's Haryana president Ashok Arora alleged that Hooda and his family members had partnership with various real estate companies, including Ramprastha, Parsavanath, Suncity and BPTP. It is alleged in the chargesheet that Hooda and his family had a big farmhouse in south Delhi, 250 acres land in Madhya Pradesh (MP), 'benami' partnership in Suncity, Rohtak, share in a real estate company in Beri in Jhajjar district, three residential plots measuring 1,000 square yards in Suncity, Rohtak, two palatial houses in Rohtak and huge chunk of land in Kashipur and Bazpur in Udham Singh Nagar district of Uttarakhand.
                INLD also accused the Hooda family of owning a hotel in Kuala Lumpur in Malaysia worth Rs 2,500 crore. Probe has also been sought into the frequent foreign visits of CM's nephew Manu, who has allegedly been diverting black money for investing overseas.

                Talking to media persons outside Haryana Raj Bhavan after submitting the chargesheet, senior INLD leader Abhay Singh Chautala said their party would also bring a supplementary chargessheet against Hooda in which the details about his Delhi residence, a penthouse in DLF Gurgaon, 16 petrol pumps and premium school owned by his son-in-law and other benami properties of his daughter and son-in-law would be revealed.

                In its chargesheet, the INLD has also given exhaustive details about various change of land use (CLU) permissions given to benefit private builders in the national capital region (NCR) for prime land, favouritism and nepotism in government recruitments and giving undue benefits to retired bureaucrats.

                'Committed no irregularities, charges funny'

                Reacting to the allegations leveled by INLD, CM Bhupinder Singh Hooda said he had not committed any irregularities during his tenure and it was funny because those who were neck-deep in corruption were making such charges against him.

                INLD submits chargesheet against Hooda to Haryana governor for his alleged wealth - The Times of India



                Behind Haryana land boom, the Midas touch of Hooda

                Robert Vadra may be the most talked about property developer in Haryana but the emergence of links between the man who sold Sonia Gandhi’s son-in-law his first plot of land and Haryana Chief Minister Bhupinder Singh Hooda has shone a spotlight on the crucial role played by the Congress-run government in turning realty in the State into a business worth thousands of crores of rupees.
                Records of all licences granted by the Haryana government from 1981 till September 27, 2012, tell a compelling story — a story of political alchemy in which farmland turns into gold for all those fortunate enough to acquire acreage and the permission required to undertake commercial development on it.
                In the 23 years preceding Mr. Hooda’s rise to power, successive Chief Ministers granted licences for a total of just 8,550.32 acres. But during the seven-and-a-half years he has been Chief Minister, licences for the development of a staggering 20,549.63 acres of land have been granted — an increase of nearly 150 per cent.
                Mr. Hooda has already come under media scrutiny following his decision to transfer IAS whistleblower Ashok Khemka from the State’s land registration office shortly after he began a probe into alleged irregularities in property dealings involving real estate major DLF and Mr. Vadra.
                Last week, Business Standard reported that the 3.53-acre plot of land in Manesar whose purchase in January 2008 marked the entry of Mr. Vadra into the real estate business belonged to a company whose owner, Satyanand Yajee, is a long-standing associate of Mr. Hooda. If the regulatory filings made by Mr. Vadra’s company, Skylight Hospitality, are correct, Mr. Yajee was a benevolent seller. He did not cash the cheque he received from Mr. Vadra until after the latter obtained a licence changing the plot’s land use to commercial and sold it to DLF for a hefty profit — something no property dealer would normally do.
                Congress spokespersons were at pains to deny favouritism by the State government in the speedy grant of the Manesar licence to Mr. Vadra and they are correct. Skylight is not the only beneficiary of official help: It turns out that Mr. Hooda, who took office in March 2005, has allocated licences to over 350 real estate firms of all sizes, most of which were unknown or had no experience whatsoever in property development.
                Of the total 20,549.63 acres that were licensed, 7,733.68 acres were in Gurgaon, 2,266.91 acres in Faridabad and 10,569.37 acres in the rest of Haryana. Commercial land use accounted for 984.83 acres, group housing 5,867.99 acres, and plots 13,303.51 acres. Surprisingly, Information Technology projects accounted for a mere 409.21 acres.
                A questionnaire emailed to the Chief Minister’s office seeking information on Mr. Hooda’s land allotment policy went unanswered till the time of going to press.
                Rise of BPTP
                Countrywide Promoters (BPTP) with roughly 1,635 acres was the single largest beneficiary, followed by Ansals (1,540 acres), Intime Promoters (1055.84 acres), Omaxe (903 acres), Unitech (830 acres), Parsvnath (716.56 acres), Ireo (651 acres), Vatika (631 acres), DLF (568 acres), Emaar-MGF (514 acres), Vipul (214 acres), Sonika Properties (Rohtak) (381 acres), Ambience (318 acres), Ramprastha (298 acres), Bestech (208 acres), Uddar Gagan Properties (Rohtak) (229 acres) and Baderwals (105 acres). Sonika and Uddar Gagan are subsidiaries of the Suncity Group owned by Zee.
                Builders like BPTP, Omaxe, and Parsvnath have made huge gains in Haryana since 2005. Ireo, which belongs to a close relative of an influential BJP politician, and Bestech, which is owned by one Dharmendra Bhandari, have also become big brands in Haryana overnight. Countrywide Promoters (BPTP), incorporated as Rainbow Promoters Pvt Ltd in 1996 by Kabul Chawla, was an unknown builder till 2005. From a Najafgarh Road residential address, Mr Chawla now lives on Delhi’s ultra plush Amrita Shergill Marg in a property said to be valued in the region of Rs. 300 crore.
                Baderwals, along with DLF, is also now in the public eye for having given unsecured loans to Mr. Vadra, according to publicly available balance sheets of his companies.
                Other companies like Microtek (which makes inverters) and DD Motors (which owns several Maruti showrooms in Delhi) appear to have obtained licences without any expertise in construction. According to an amendment to an April 24, 2007 memo issued the very next day by the Haryana Town and Country Planning Department (TCP), a reputed coloniser eligible for the grant of licence is “one who has already obtained licence under the Haryana Development & Regulation of Urban Areas Act, 1975 for setting up of a colony and in case of collaboration agreement with a private developer not being licensee of the Department and who is applying for obtaining the licence for the first time.” This amendment helped to widen the eligibility criteria, ensuring that lack of construction expertise would not be a deterrent in obtaining licences.
                Violations overlooked
                The data further reveals that the Hooda government had no problem renewing many of these licences despite builders failing to complete their work on time as stipulated. This allowed non-performing builders to profiteer by squatting on a precious resource at the cost of the end-user. Other anomalies in licence allocation abound, as is illustrated by the award of 14.793 acres of disputed land in sector 106 of Gurgaon to BPTP, allotted as per licence LC-1017A – No 18 on February 2, 2008. Its owner, Surinder Pal Beniwal had filed a complaint with the Haryana TCP against BPTP’s Countrywide Promoters on March 20, 2007, over non-payment of the agreed sale amount. In response, the TCP department wrote to Countrywide Promoters on April 23, 2007 that “the licence will be considered on the land free from all encumbrances.” Despite this or the legal dispute that followed, BPTP’s licence was first awarded and then even renewed, overlooking the fact that it has still not obtained possession of the land or begun any construction activity.
                Licensees like Juventus, Selene and Mariana Infrastructure all have a common Connaught Place address and are linked to the publicly listed Indiabulls Group, which has a stated net worth of Rs. 19,320 crore and is said to be backed by powerful Congress politicians. The CEO of Indiabulls Real Estate Narendra Gehlaut is the son of Krishna Gehlaut, who was earlier a Haryana minister in the Congress government. Narendra Gehlaut is married to Congress MP Jyoti Mirdha, whose sister Shweta is married to Deepinder Hooda, the son of the Haryana Chief Minister. Similarly, Ramprastha Builders has 22 affiliate companies of which 4-5 (Ramprastha Greens, Ramprastha Estates, Ramprastha Buildwell, etc) have procured licences.
                No room for middle class
                On December 19, 2006 — less than two years into Mr. Hooda’s first stint as Chief Minister — the Haryana government which had earlier discontinued the grant of licences for cooperative housing societies in high and medium potential zones discontinued cooperative housing schemes even in low potential zones.
                Another memo dated September 15, 2008, stated, “The licence application of only those Registered Cooperative House Building Societies will be considered for grant of licence who have a collaboration with the builders/developers having the financial capacity to undertake the development and technical expertise in development of residential colonies.” Together, these memos ensured that all cooperative housing had to be done in collaboration with a builder, wiping out the cost advantage associated with this category.
                Between 2006-9, the Haryana government also announced policies for affordable housing to be priced at Rs. 4 lakh, Rs. 12.5 lakh, Rs. 14 lakh and Rs. 16 lakh for different categories. However, according to the Gurgaon Citizens Council (GCC), official responses to RTI queries show that though 10 leading builders were licensed 200 acres of land in Gurgaon alone to build 40,000 dwelling units, till date not a single apartment has been handed over to the end-user. The GCC alleges that this non-construction and change of land-use to general category group housing in these areas have resulted in a benefit of roughly Rs. 4,000 crore to these builders. They have demanded that the Haryana government cancel these licences, launch a probe against corrupt government officials and build these low-cost dwelling units itself through a government agency under the Gurgaon-Manesar Master Plan 2021.
                The GCC has further alleged a loss of roughly Rs. 8,000 crore to the State exchequer and corresponding gain to private builders by changing age-old norms to allow the Haryana Urban Development Authority (HUDA) to acquire land directly from farmers for construction of sector roads. Earlier, builders would acquire the land directly and hand it over to HUDA free of charge along with External Development Charges (EDC) collected from buyers. Though Sectors 1-58 were developed like this, land for roads for Sectors 58-115 was acquired directly by HUDA, resulting in lower gains for farmers from whom the land was procured, while absolving builders of their responsibility of providing land for roads free of charge to the State government.
                Those operating in the real estate market in Haryana further point to the neglect of the IT sector which got the lowest share of land in Mr. Hooda’s tenure, despite it being an employment generator, owing to lower margins and, therefore, lower incentives for the builder lobby to invest.
                The State has also released 3 Master Plans for Gurgaon in 7 years — 2021, 2025 and 2031 — which the Opposition Indian National Lok Dal (INLD) has alleged was to change land use to favour key individuals and builders. Additionally, while earlier, licences for change of land use were restricted to Gurgaon, Faridabad and Sonepat, under Mr. Hooda, the State has allocated licences in almost every district. This rapid construction has come at the cost of basic amenities like power, water, roads, regulated traffic and adequate policing for Haryana’s burgeoning population. INLD leader Om Prakash Chautala has demanded a freeze on award of any new building licences under the proposed Master Plan for 2031 until the existing population is provided this basic infrastructure.
                Illegal extraction of groundwater
                Builders, who receive environmental clearance for construction of colonies on condition that there will be no impact on water resources, have been drawing groundwater for construction purposes in blatant violation of their licence conditions under the very nose of the Gurgaon administration. Following a High Court Order, a show-cause notice for illegal extraction of groundwater for construction purposes was finally served to a majority of builders on August 14, 2012 by the Haryana TCP.
                Inexplicably, despite ever widening infrastructure gaps amidst rapid construction activity, the Haryana government has not used the over Rs. 10,000 crore it collected as EDC from builders (who passed the charge on to the end consumer) in the past half decade for creation of basic amenities.


                Behind Haryana land boom, the Midas touch of Hooda - The Hindu
                Sab 99 ka fer hain............

                Comment

                • #18

                  #18

                  Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

                  Hi
                  Greetings

                  To give a heads up to issues plaguing the Haryana Real Estate due to Builder/Politician/Adminstration/Police collusion, a first set of questions have been sent to CM in HINDI (given his limited knowledge of English), by Certain RWA and Buyers Association

                  माननीय मुख्यमंत्री
                  हरियाणा सरकार
                  चंडीगढ़

                  माननीय मुख्य सचिव
                  हरियाणा सरकार
                  चंडीगढ़

                  नियंत्रक-महालेखापरीक्षक

                  भारत सरकार

                  विषय - शिकायत एवं सूचना पत्र

                  आपकी जानकारी के लिए कुछ महत्वपूर्ण सूचनाये है। उम्मीद है जो उम्मीद आपने ईमानदारी की जगाई है उसी ईमानदारी से जांच और कार्यवाही होगी।

                  EDC ( एक्सटर्नल डेवलपमेंट चार्जेज ) हरियाणा के budgetary provisions में नहीं मिलेंगी। अगर आप EDC ( एक्सटर्नल डेवलपमेंट चार्जेज ) में हेराफेरी और घपले पकड़ना चाहते है तो Haryana Urban Development Authority के budgetary provisions की जांच कीजिए।

                  पिछले 5 सालो में किस लाइसेंस के तहत कितना पैसा EDC ( एक्सटर्नल डेवलपमेंट चार्जेज ) के तहत आया और उसी लाइसेंस के तहत कितना पैसा EDC के तहत बिल्डर ने प्रॉपर्टी खरीददार से लिया।

                  EDC ( एक्सटर्नल डेवलपमेंट चार्जेज ) का पैसा कितने bank खातों में ट्रांसफर किया ! किसने उसकी इजाजत दी और उसका लाभ किसको मिला। अभी कितना पैसा किसके पास है। मई महीने में पैसा जाता है और जनवरी में वापस आता है।

                  EDC ( एक्सटर्नल डेवलपमेंट चार्जेज ) का पैसा कहाँ खर्च हुआ !

                  Haryana Urban Development Authority के कितने development works complete हुए है।
                  Haryana Urban Development Authority की कितनी जमीन पर अवैध कब्जे है और कितनी जमीन का कब्ज़ा ही नहीं लिया गया है।

                  Town & Country Planning Department ने कितने बिल्डर्स से १५% लाभ से ऊपर की राशि वसूली जो की तय नियम है। आज तक जितने भी बिल्डर्स को Town & Country Planning Department नेलाइसेंस ट्रांसफर की अनुमति दी है उनसे एक पैसा भी नहीं वसूला गया है।

                  FAR ( Floor Area Ratio ) में उल्लंघन और Town & Country Planning Department अधिकारियों द्वारा कोई कार्यवाही न करना।

                  Super Area व Parking Area के नाम पर पैसे का जबरदस्ती वसूल करना और Town & Country Planning Department अधिकारियों द्वारा कोई कार्यवाही न करना।

                  Licence renew क्यों किये गए ? Internal development works पूरे होने से पहले occupation certificate कैसे दिए गए और buyers को बिना occupation certificate के possession कैसे दिए गए !

                  builders ने जो नियमो का उल्लंघन किया है उसके ऊपर कार्यवाही क्यों नहीं की गई।

                  सामुदायिक भवनो का निर्माण न करना और जो बन चुके है उनका व्यवसायीकरण करना।

                  आजतक एक भी बिल्डर ने कम्पलीशन सर्टिफिकेट लेकर प्रोजेक्ट ( society ) को ट्रांसफर नहीं किया है।

                  CLU ( Change of land-use ) की जनहित में क्या आवश्यकता थी ! क्या CLU फीस ली गई ? क्या CLU करने से services ( पानी , बिजली , सड़क , हरित पट्टी ) सेवाओ की पूर्ति पर प्रभाव नहीं पड़ा ?

                  उल्लंघन और भी हुए है पर अगर आपकी सरकार इन विषयो पर ईमानदारी से कार्यवाही करेगी तो 1 साल में इतना पैसा आ जाएगा की आपकी सरकार का न केवल सारा कर्जा उत्तर जाएगा बल्कि 5 साल आपको tax बढ़ाने की जरूरत भी नहीं रहेगी।

                  अगर आपको सबूत जरूरत हो तो मेरे पास उपलब्ध है।
                  We should have very high hopes from the BJP government that their slogan of GOOD GOVERNANCE and ZERO TOLERANCE FOR CORRUPTION is reflected by executive action.

                  BHAIYO BEHNO

                  "NA PAISE KHAOONGA, NA KHANE DOONGA.."
                  PRADHAN MANTRI MANYANIYE NARENDRA DAMODARDAS MODI

                  Cheers
                  Last edited November 4 2014, 11:51 AM.

                  Comment

                  • #19

                    #19

                    Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

                    I cant stand modi hes a modern day duryodhan

                    Comment

                    • #20

                      #20

                      Re : Real Estate Companies In Gurgaon Thriving on Politicians Money

                      Builders with politicians money

                      Originally posted by boomer View Post
                      Lemme start the list with my humble contribution
                      Builder- Promoter - Party And Politician
                      Vatika- Bhallajis - CPM Money from Jyoti Basu.
                      DLF - In this case certain shareholding belongs to non-promoters (complicated corporate structure)aka Politicans such as Vadra,Rahul Gandhi and Kamal nath so this is a truely corporate player - Kamal Nath Personal funds. He for example bought DLF EMPORIO for 500 Crores
                      IREO- Suddanshu Mittal aka Tambuwalla from BJP.

                      So I am being fair by giving a third front party,Congress party and BJP Party.
                      Add to the list guys.
                      Hi
                      Greetings

                      Any idea whose money is parked in
                      - ABW???
                      - Brahma??
                      - Ardee??


                      Cheers

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