Andhra Pradesh Industrial Infrastructure Corporation also known as APIIC and Emaar combination goes a long way back to the early 2000s when they successfully developed India’s largest convention centre in Hyderabad, the HICC or Hyderabad International Convention centre which boast of 4000 seats with inbuilt flexible seating up to 6000. Together, APIIC and Emaar developed the Novotel Hyderabad, a luxurious 5 star properties, truly befitting the charming land of Nawabs. APIIC n its vision of making Andhra Pradesh one of the most modern Indian cities has joined Emaar yet again to developed a luxurious residential community in Gaichibowli area of Hyderabad. Spreading across 531 acres of land, the luxurious township was envisioned to be a self sustainable unit with its very own golf course and a 5 star hotel and was christened as Boulder Hills Township. However, this project went askew when allegations were made against APIIC for undervaluing the land that it moved to Emaar MGF, the co-builder of the project for development of the township in a bid to reduce public stake in the venture. Although the motive is not clear, it was the co-developer Emaar MGF which had to bear the brunt of the media and local activist alike and the entire debacle came to be known as Emaar case.

In the alleged Emaar case, CBI was roped in to conduct a detailed investigation into the exact nature of all dealings and CBI Emaar thus, came face to face during the investigation. In this regards, Emaar support and respect for the country’s law made headlines with its unconditional support to CBI throughout the investigation. So far, no charges have been framed against the global developer or any of its officials and Emaar case seems to fade out from active media circuit. Since the controversial Emaar case, Emaar MGF has expanded operations in all major Indian cities such as New Delhi, Kolkata, Punjab, Tamil Nadu, Maharashtra, Kerala and Haryana. With the extensive expertise of Emaar in innovative concepts, major Indian cities are witnessing a revolutionising lifestyle concept from the swanky Palm Gardens in Gurgaon, Boulder Hills in Hyderabad, Esplande in Chennai to the world class Commonwealth Games Village in New Delhi. Another unique quality of this world class developer is the timely delivery of every project it undertakes. One fine example is the completion of world class standard Commonwealth games villages before schedule earning the awe and respect of investors and critics alike.

Other notable projects of Emaar MGF in the country includes the much talk about Gomti Greens in Lucknow,a Tier-II Indian city, superb retail hubs like Emerald Plaza in Gurgaon, Fortune Select Metropolitan in Jaipur, and lush township of Emerald Hills in Gurgaon amongst other. Emaar has also shown a keen desire to foray into hospitality management besides construction of seven star hotels in Kolkata and New Delhi. With more than 20 projects all across India, Emaar MGF combined is giving stiff competition to all the major real estate players in the Indian subcontinent. After dominating the scintillating Dubai Skyline with remarkable architectural masterpieces like the Burj Khalifa and the Dubai Mall, it is no surprise to see the world foremost real estate developer dominate the Indian shores too.

The author loves to write small, informative articles on topics related to Real Estate and Travel. In this article, he is expressing his thoughts regarding Emaar case.

The author loves to write small, informative articles on topics related to Real Estate and Travel. In this article, he is expressing his thoughts regarding Emaar case (http://www.abcarticledirectory.com/Article/Emaar-Case-Sees-Unique-Cooperation-Between-Emaar-MGF-CBI/1829699).

Author Bio: The author loves to write small, informative articles on topics related to Real Estate and Travel. In this article, he is expressing his thoughts regarding Emaar case.

Category: Real Estate
Keywords: CBI Emaar, Emaar CBI, Emaar case