Apiic agreement with the emaar properties

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  • Undervaluation of land allotted to Emaar, Emaar MGF, land to emaar highly undervalued, Apiic agreement with the emaar properties

    Land to Emaar highly undervalued 11 August 2011

    The Vigilance and Enforcement Directorate has established that the APIIC management had allotted 535 acres of land to the Emaar Properties by undervaluing the land cost by 16 times. When the allotment was made, the market rate was Rs.10, 300...

    Keywords: Emaar MGF, Undervaluation of land allotted to Emaar, Undervaluation of land allotted to Emaar, APIIC agreement with the Emaar Properties

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