DLF clarifications 'half truths and lies': Arvind Kejriwal
Oct 07, 2012
Source : The Times Of India
DLF clarifications 'half truths and lies'

 

NEW DELHI: Activist Arvind Kejriwal on Sunday described the clarifications of realty major DLF on his allegations that Robert Vadra was given property at throw away prices for government favours as "half truths and lies".
 
"DLF has issued a response. It is full of half truths and lies. A lot of information has been suppressed," he tweeted.
 
"We will issue a detailed response tomorrow. But does Vadra stand by DLF response or does he have another version. Would appreciate his version," Kejriwal said.
 
DLF has rejected the allegations that it had given unsecured loans to 43-year-old Vadra, son-in-law of Congress president Sonia Gandhi, as a 'quid pro quo' for favours and said it had transparent dealing with him as an individual entrepreneur.
 
In a statement yesterday, the company had said it had given Rs 65 crore as "business advances" out of which Rs 15 crore was fully refunded and Rs 50 crore was used for purchase of land.
 
Rejecting the allegations made by activists Kejriwal and Prashant Bhushan that the company favoured Vadra, DLF had said it neither received any undue benefit from any state governments nor was it allotted any land by Delhi, Haryana and Rajasthan governments.
 
DLF had also dismissed the charge that the company sold properties to Vadra and his companies at a throwaway price. 

Latest Realty News

Second-home market seems to be heating up
Oct 07, 2012
Call it a vacation home, personal retreat, or a home away from home — the second-home market is becoming a rallying point for developers and investors. The second-home market is, to a great extent, immune from recession, and operates on slightly different considerations and dynamics. "The reasons for buying a second home are mostly for investment purposes or for polishing up one's status," say
Maharashtra ends system of NOC
Oct 07, 2012
For home buyers in Maharashtra, selling a newly-purchased flat meant obtaining a ‘no objection certificate’ (NOC) from the developer in order to transfer ownership to the new buyer. The developer always extracted an exorbitant sum as ‘transfer charges’ from the hapless buyer in lieu of a ‘no objection’ to the sale, especially when the developer was not a party to the transaction. Despite court
NCR sees subdued growth in residential segment
Oct 07, 2012
The year 2012 began on a sluggish note for the residential real estate market due to the convergence of multiple factors. The segment suffered on account of pressure being exerted both on the demand and supply side. On the demand side, buyers were increasingly reluctant to enter the market given the increase in cost of borrowing, thereby impacting demand levels; particularly for end users of a
Bhubaneswar Municipal Corporation contractors under e-scanner
Oct 07, 2012
BHUBANESWAR: Contractors undertaking civic works in the city can no longer take the Bhubaneswar Municipal Corporation (BMC) and residents for a ride, nor will they need to grease palms of officials to get their payments cleared. In yet another e-governance initiative, the civic body is all set to start a contractor and supplier management system (CSMS), which will help monitor progress of wor
Mall sealed day after inauguration - Hyderabad
Oct 06, 2012
HYDERABAD: A day after the grand inauguration of South India shopping mall at Kukatpally, the Greater Hyderabad Municipal Corporation (GHMC) on Friday sealed the complex as the mall did not have an occupancy certificate (OC) which is mandatory for any building. GHMC chief city planner G V Raghu said one A V Krishnam Raju and others obtained permission for construction of the commercial buildin
Hazaribag admn evicts illegal occupants from govt land
Oct 06, 2012
HAZARIBAG: The district administration has finally taken action against the land mafia who had illegal possession of government land in the Matwari locality of Hazaribag town. The 5.29 acre of land was earmarked for the construction of a multi-storeyed hostel for tribal students. The welfare department had begun the construction work. The district welfare officer lodged a complaint with the de
Jagannath shrine to sell off lands in state
Oct 06, 2012
BERHAMPUR: The Jagannath temple administration in Puri has decided to sell off lands owned by the shrine in several parts of the state, a top official said. "The sale of land will help the temple to generate huge funds. We will create a corpus fund from the money for the shrine's development," the temple's chief administrator, Arabinda Kumar Padhee, said on Thursday. The administration has
BMC needs to clean up its act
Oct 06, 2012
BHUBANESWAR: Keepers of public amenities are wallowing in filth themselves. Bhubaneswar Municipal Corporation's (BMC) office premises are filthy with overflowing sewer lines, heaps of garbage and betel leaf juice stained corridors. As one enters the BMC headquarters near Kalpana Square, one is greeted with the sight of betel leaf juice stains and disposable tea cups strewn all around near the
Patna Municipal Corporation nod to special vehicle for solid waste management
Oct 05, 2012
PATNA: Patna Municipal Corporation (PMC) board has given its nod to Bihar Urban Services Corporation Limited (BUSCL) for the integrated solid waste management of the state capital through special purpose vehicle (SPV). Constituted by Bihar Urban Infrastructure Development Corporation (BUIDCO), the BUSCL will be responsible for the solid waste management in the entire state, said BUIDCO MD Anup
AP govt to distribute 1 lakh acres land to poor on Nov 1
Oct 05, 2012
Hyderabad: Andhra Pradesh government targets to distribute one lakh acres of land to landless poor in the state on November 1. The government has so far identified 85,480 acres of land to be distributed to 60,888 beneficiaries across the state, according to Revenue Minister N Raghuveera Reddy. Addressing district Collectors and Joint Collectors through a video-conference from the state Secr

Latest Realty News Of State

Realty Talk's