Emaar Properties Scandal - A Much Hyped Up Controversy

Posted in the Real Estate Forum

Since: Jan 13

Location hidden

#1 Jan 9, 2013
Emaar Properties, one of the leading real estate developers in the world, was involved in a much hyped up property dispute in India in the recent past. The company has developed a residential cum leisure community in Hyderabad which consists of serviced apartments, villas, golf courses and a 5 star hotel. Spread across an area of 535 acres, this master-planned community is known as Boulder Hills. It was this Hyderabad property of Emaar out of which scandal raised out.

Commonly known as Emaar Properties scandal, this controversy involved many renowned personalities of India from various fields including politics, bureaucracy, sports and cinema. The CBI investigation which was going on against all the parties involved in the scam revealed that no substantial proof has been found against Emaar Properties. Hence, it is believed that allegations made against Emaar were not true.

At present, Emaar along with its partner firm, MGF, is working on other real estate projects across major cities of India. They are not only developing residential communities in India but also focusing on development of various commercial and retail properties including malls and IT parks. The company is actively working towards growth and development of real estate sector in India.

Since: Jan 13

New Delhi, India

#2 Jan 16, 2013
Emaar is definitely one of the top developers in the world. Some of their constructions - Burj Khalifa, Downtown Dubai and Dubai Mall are world famous for their architectural designs. In India also, Emaar is developing some of the grandest structures.
Pankaj Wahal

India

#3 Jan 21, 2013
News like emaar scam and emaar proeprty scandal, cannot hinder the growth of Emaar.It is one of the leading real estate developers in the world and will surely gain success in india soon as it has already started its residential as well as commercial projetcs in india.
Meghna Roy

New Delhi, India

#4 Mar 1, 2013
Emaar properties scandal news although spread like a virus in India but it has not stopped Emaar from achieving its dream of becoming one of the top developers in India. Emaar has developed magnificent structures all over India and planning various new developments also.
John Charles

New Delhi, India

#5 Apr 1, 2013
Till now no evidence has been discovered regarding Emaar's involvement in Emaar Properties Scandal and hence, it can be said that Emaar was falsely accused in this scam.
Surbhi Verma

India

#6 Apr 12, 2013
Barring the setback it received in the alleged Emaar properties scandal, Emaar Properties has taken the real estate industry by a storm and it is already at par with other real estate companies.

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