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Charges have been bandied about of the alleged nexus between DLF and the Haryana government, but surprisingly there has been no reference to the cases filed before the Competition Commission of India by the owners of DLF apartment blocks in The Belaire, Park Place and The Magnolias. DLF was ordered to pay damages of Rs 625 crore in The Belaire case. The matter is now in appeal. One of the issues under debate concerned the sudden increase in height of the three multi-storey apartments after the Haryana Town and Country Planning department took a decision in 2008 to do away with height restrictions for high rise buildings. Although this order was for all housing complexes, it was the DLF with its multi-storied apartments around the Golf Course, which got a real bonanza. The height of the under-construction apartment complexes of Belaire, Park Place and Magnolias went up by around 35 per cent. This works out to an estimated additional profit of around Rs 1,000 crore. What was unusual was that DLF slowed down all building activity on Belaire and Park Place in 2007 and began construction work at full pace only
In his just released book, The Insider's View, retired bureaucrat Javid Chowdhury has provided fresh revelations on Bofors, a case which one would have supposed has been discussed threadbare. Former CBI chief Joginder Singh, when he was returning from Switzerland with bank documents handed over by the Swiss investigating authorities, sensed a good photo-op at the airport if he was accompanied by cardboard cartons containing the much sought-after evidence from the banks. Chowdhury cautioned him that in the media melee at the airport, a box could get mislaid. It was finally decided that the actual documents would be packed safely in suitcases with clothes, but empty cartons would be carried for the benefit of camerapersons.
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- India's private sector can use institutional mechanisms to deepen ties with Africa
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- We need to show we love India more than those who profess a monopoly on this love story