CWG: Home owners caught in DDA, Emaar tussle

CWG: Home owners caught in DDA, Emaar tussle New Delhi: One year after the Commonwealth Games those who booked flats in the Games Village are yet to get possession. Over 450 home buyers paid Rs two crores each, that's around Rs 1500 crore for flats in the games village. Rajiv and Upasana are among the 450 who booked a 3-BHK-flat in the CWG village. A year after the games, they are yet to getheir flat while they continue...
01:24 PM, Nov 13, 2011

DDA seals 2 buildings of Emaar MGF at CWG village

DDA seals 2 buildings of Emaar MGF at CWG village New Delhi: Two days after the CBI filed FIR against the Emaar MGF properties in Delhi and Hyderabad, the Delhi Development Authority (DDA) has sealed two buildings at the Commonwealth Games village in the capital. The DDA said Emaar MGF broke building rules during constructions. The action comes after the CAG report on the Commonwealth Games charged DDA for favouring Emaar-MGF, an allegation the organisation has denied. According to the...
08:01 PM, Aug 20, 2011
Allegations begin after Shunglu Panel findings

Allegations begin after Shunglu Panel findings

A day after CNN IBN reported on the findings of the Shunglu Panel on scam in construction of games village, the round of denials and counter denials have begun. ...
07:38 PM, Mar 24, 2011

Shunglu panel blames Emaar, L-G for CWG mess

Shunglu panel blames Emaar, L-G for CWG mess New Delhi: The VK Shunglu Panel in its second report on irregularities in Commonwealth games has severely indicted the Delhi Lt Governor Tejinder Khanna for neglect and the developer of the games village EMAAR MGF for its tardy approach. The panel has fixed the overall loss caused to the exchequer to the tune of Rs 220 crore. The real estate developer EMAAR MGF has been accused of selling 333 flats...
07:14 AM, Mar 24, 2011

Shunglu report indicts EMAAR MGF for CWG loss

Shunglu report indicts EMAAR MGF for CWG loss New Delhi: The VK Shunglu Committee, enquiring into corruption in the Commonwealth Games, has submitted its second report to the Cabinet Secretary. The report dealt with corruption in building of the Commonwealth Games Village. According to the Shunglu panel report, the total loss to the exchequer because of corruption and delays was Rs 220 crore. EMAAR MGF, the developers of the games village, indicted for causing loss to the exchequer....
09:09 PM, Mar 23, 2011

After the Games, DDA and Emaar MGF lock horns

After the Games, DDA and Emaar MGF lock horns New Delhi: Urban Development Minister Jaipal Reddy defended the Delhi Development Authority's (DDA) Rs 760-crore bailout of Emaar MGF while building the Games village. The minister said that the deal was profitable and necessary. The Commonwealth Games might have ended but the controversies certainly haven’t. Now it’s the Urban Development Ministry, which has taken on builders hired during the Games. Not too long ago images taken of apartments in the...
09:23 PM, Oct 21, 2010

Real estate wants infrastructure status

Real estate wants infrastructure status Says would facilitate loans from banks on easier norms. ...
03:48 PM, Feb 11, 2010

2010 Games builder 'linked' to Koda, raided

2010 Games builder 'linked' to Koda, raided Former CM's associates reportedly on the board of some EMAAR group companies. ...
12:04 PM, Dec 03, 2009

IPO party over: Wockhardt withdraws public offer

IPO party over: Wockhardt withdraws public offer Hong Kong: ICC CEO Haroon Lorgat defended scrapping the provision of runners in international cricket, saying batsmen were not using the system in the right spirit. It's been considered by the cricket committee... and there has been a strong feeling that runners were used not in the right spirit, Lorgat told reporters here. It's quite a difficult one for umpires to determine whether there has been a real injury to...
12:00 AM, Feb 08, 2008

Emaar MGF extends IPO following poor response

Emaar MGF extends IPO following poor response Kingston: Darren Sammy spent a sleepless night after dropping a catch which ultimately cost West Indies the first Test against India and the miss could haunt him for quite a while if the visitors go on to win the series. Sammy is finding it difficult to live down the dropped chance off Dravid in the first Test which could turn out to be the final straw in the West Indian...
09:02 PM, Feb 06, 2008
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