Andhra Pradesh’s Emaar Case

Andhra Pradesh’s Emaar Case

Posted in the Real Estate Forum

Since: Jan 13

Noida, India

#1 Feb 25, 2013
In 2011 allegations were made against Dubai-based developer, Emaar, for being a part of the scam relating to alleged irregularities in sale of villas and apartments of a residential township in Andhra Pradesh. This township was jointly developed by state-run Andhra Pradesh Industrial Infrastructure Corporation (APIIC) and Emaar.

The CBI has conducted detailed investigation into the allegations against Emaar but no information sufficient to form a belief as to the truth of the allegations has been found so far. Although the final verdict in the Emaar case is still pending, investigations revealed that Emaar has been wrongfully accused in the case.
Meghna Roy

Noida, India

#2 Apr 1, 2013
Emaar is one of the top developers in the world and is doing great work in construction field. False allegations were made against this real estate company in Emaar Case but these allegations were not successful in putting obstacles in its growth path.
Kapil Chugh

India

#3 Apr 12, 2013
Emaar case in Andhra Pradesh may have moved away from the media limelight but Emaar Properties is determined to clear its name from the case and it has extended full support to CBI in its investigations. While the investigations are ongoing but initial investigations have revealed that Emaar has no role to play in the entire fiasco.

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