-The Business Standard If Mr Vadra had to count his friends in the real estate business, they would be Corporation Bank, the Haryana government and DLF Robert Vadra, who is at the centre of a controversy over his property dealings with realty giant DLF and others, began investing in real estate five years ago, in 2007-08. He was already a wealthy man by then, not a struggling businessman who could scrape only...
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Behind Robert Vadra’s fortune, a maze of questions -Shalini Singh
-The Hindu Property empire was built on soft loans handed out in unusual circumstances, documents show In February, as rumours of the ambitions of Congress president Sonia Gandhi’s son-in-law swirled amidst the heat and dust of the election campaign in Uttar Pradesh, her daughter Priyanka moved to scotch speculation about Robert Vadra’s possible political future. “He’s a successful businessman,” the younger Ms. Gandhi said of her husband, “who is not interested in changing...
More »A continuing scandal
-The Indian Express Government exercises discretionary powers in land allotment to benefit a favoured few The story of the 28 plots allotted in Uttar Pradesh in 2005 by the erstwhile Samajwadi Party government headed by Mulayam Singh Yadav appears to be another textbook case of how state governments use their discretionary powers in land allotment to give great deals on prime property to politicians and government officials, and their cronies and families....
More »Housing apartheid flourishes in Delhi-Sowmiya Ashok & Mohammad Ali
-The Hindu Finding a home to rent in India's national capital is an arduous task for anyone - but, an investigation by The Hindu has found, almost impossible for citizens who happen to be Muslim. Homeowners and property dealers contacted by reporters often firmed up deals, only to be disqualified as soon as they revealed their religion. Housing apartheid was at its worst in New Delhi’s most affluent and educated neighbourhoods: New...
More »Realty wife No. 2 surrenders
-The Telegraph The second wife of a realty firm managing director, on the run for months for being part of a housing hoax that deprived hundreds of Jharkhand residents of crores, surprised investigators today by surrendering in the court of a judicial magistrate. Anamika Nandi, the second wife of Sanjeevani Buildcon Private Limited managing director and prime accused J.D. Nandi, turned up at the court of S. Kumar around 11.30am and dramatically...
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