Express Exclusive: Realty giants Jaypee, Unitech and DLF in web of firms linked to Mayawati's brother

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Appu Esthose Suresh: New Delhi, Jan 31 2013, 01:14 IST

Kumar’s business associates and one of their firms were linked to another business group, Carnoustie Management Pvt Ltd, which was registered in Janakpuri, New Delhi, in September 2006.

Between 2010 and 2012, real estate companies DLF and Unitech invested Rs 6 crore and Rs 335 crore respectively in Carnoustie. DLF and Unitech have said that the investments were part of normal business transactions. Both firms, and Jaypee — which is a joint venture partner with Carnoustie — have residential and commercial projects in UP.

Hotel Library Club is also the holding company of three other firms, which had a total bank balance of Rs 320 crore as of end-March 2012. One of the three subsidiaries of Hotel Library Club is Revolutionary Realtors, which earned Rs 60 crore through “speculation business” in 2011-12, and had a bank balance of Rs 54 crore as of end-March 2012.

Tamanna Developers, a subsidiary of Revolutionary Realtors, had a cash surplus of Rs 160 crore as of end-March 2012. As managing director, Anand Kumar earns an annual salary of Rs 1.2 crore each from Hotel Library Club and Revolutionary Realtors.

Real estate developer Deepak Bansal of SDS Group was one of Kumar’s key business associates — a director in Hotel Library Club and in another firm owned by Kumar, called DKB Infrastructure Pvt Ltd.

Bansal, whose firms are building about 2,500 apartments in Noida and Greater Noida, is one of the two main links between Kumar’s companies and the real estate giants who invested in Carnoustie.

Bansal’s SDS Developers is

... contd.

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Reader's Comments (7)| Post a Comment

was any â€œmedia investigationâ€ into the business dealings of Congress and BJP leaders, including the son-in-law of former Prime Minister Atal Bihari Vajpayee.

Jagatheesan Chandrasekharan | 31-Jan-2013Reply | Forward

Instead of sending a specific reply to your newspaper, she decided to respond to your queries before the entire media. Ms. Mayawati claimed that earlier, her brothers were targeted and now, BSP general secretary Satish Mishra and his lawyer-businessman son were being charged with wrongdoing with the intention of harming the party. Asking the media to shed its %u201Ccasteist (Once Napolean said that he could two battalions , but not two scribes. Today's scribes feel that they are 1st rate athmas and the untouchables have no athmas so that they can do whatever they wish to do to them. But the Buddha never believed in athmas, he said all are equal. Hence Babasaheb Ambedkar, Kanshiram Ji. ms Mayawati ji have returned back to their original religion along with millions of followers. This is not tolerated by the so called 1st rate athmas for the fear of becoming minorities minus the Awakened Ones with Awareness) %u201D mindset, she questioned if there was any %u201Cmedia investigation%u201D into the business dealings of Congress and BJP leaders, including the son-in-law of former Prime Minister Atal Bihari Vajpayee. These casteist mindset media will never investigate the business dealings of the rich business castes including the media which has amazed wealth disproportionately to their known sources of income after the Independence of this country. Let there be a "media investigation on this. Or the intellectuals will do this. %u201CInstead of sending a specific reply to the newspaper, I decided to respond to their queries before the entire media,%u201D she said. Ms. Mayawati claimed that earlier, her brothers were targeted and now, BSP general secretary Satish Mishra and his lawyer-businessman son were being charged with wrongdoing with the intention of harming the party. Asking the media to shed its %u201Ccasteist%u201D mindset, she questioned if there was any %u201Cmedia investigation%u201D into the business dealings of Congress and BJP leaders, including the son-in-law of former Prime Minister Atal Bihari Vajpayee.

super talented mafia

ashwin | 31-Jan-2013Reply | Forward

These super talented mafia shud try their luck elsewhere in the world and see where they end up with their dishonest skills, isnt it clear enough this is the loot from the Treasury, how long will this go on ? Forever as nothing will change in this country !

Quota in reservation

Atis | 31-Jan-2013Reply | Forward

It is clear that based on our constitutional quota of 21% reservation for SC/STs, the SC leader Mayavati has acclerated to meet this quota in corruption.