It is learnt from the real estate sources as told to NBTV that the shares of the Country’s renowned real estate competitor has plummeted to 2% subsequent to the statement issued by the Controller of the Financial Market – Securities Exchange Board of India (SEBI) - that it wishes to investigate the financial dealing of the said Contractor, in question, as a sequel to the complaints received from a Delhi Business tycoon against the Builder – DLF. In consequent to this allegation, the shares of the Company witnessed a deep fall in their shares 2% ending Friday by 2.7% at Rs.225/- on the Bombay Stock Exchange (BSE), after nose diving to as much as 4.3% during the course of the day. On the National Stock Exchange (NSE) front, the share finished at 2.3% down also at Rs.225/-.
The SEBI authorities on Thursday said that it would probe a few complaints lodged by one Kimsuk Krishna Sinha, against DLF Sudipti Estates Private Limited. Though the SEBI’s investigation of DLF with regard to the pending complaint against them will not affect the operations but will definitely tarnish the image of the Builder, according to a Consultant of the Real Estate. It is understood that Sinha had levelleld the charges of cheating him to the tune of Rs.34l Crores against DLF and Sudipti Estates.
In an outline brochure submitted in connection with rising of a public issue in May 2006, DLF stated that Sudipti is their connected firm which was subsequently pulled them out and a clean booklet incorporating this information was released in January 2007 without the inclusion of Sudipti’s name. It is claimed by Sinha that DLF Home Developers and DLF Estate Developers were sister concerns and part of DLF Group, but DLF mentioned that Sudipti is a different and lawful body possessed and harnessed by diverse entities. Basing on these allegations, the Hon’ble Delhi High Court directed SEBI, in July, to study the protest of the complainant and to issue an edict within a quarter.
Source: NIMMA BENGALURU
Apartments, Flats and Property for Sale in New Delhi
Aug 01, 2015
Victorian Corporation is offering 2 bhk flat in Dwarka L Zone Delhi in its new residential project Victorian Privilege. The project is located in..
Jun 11, 2014
Antriksh Group launches a world class famous residential project of Antriksh Golf City noida. Types :Apartment, 2BHK, 3BHK Sizes :1050 - 1665 sq..
Apr 11, 2014
Well located apartment available for sale with all the modern amenities like power-backup, intercom, 24 hours security with CCTV surveillance,..
Mar 15, 2014
3 Bhk apartment for sale in rohini ........Please contact for more..
Mar 12, 2014
Available 1st and ground floor for sale at reasonable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,very near to main..
Feb 22, 2014
3 bhk apartment for sale in rohini delhi north.....please contact for more..
Feb 22, 2014
3 bhk apartment for sale is available in delhi north ..........please contact for more..
Feb 11, 2014
When you want to create a fresh perspective for your life, this is the best real estate option for you and your family. A self sufficient township..
Feb 10, 2014
Corner,200 yards (1800 sq Ft covered area),Freehold property,located in commercial road,in LAJPAT NAGAR-1, New Delhi.Three side balcony,3 Big Bed..
Dec 07, 2013
House is a building for human habitat on. It is one of the basic needs for many people, owning a home brings a sense of pride freedom that cannot..
Apartments, Flats and Property for Rent in New Delhi
Jul 19, 2016
For Rent New Friends Colony, Newly Built Second Floor 3 Bedrooms attached bathrooms, Drawing-Dining, Modular Kitchen, Excellent Wood work, Car..
Jan 14, 2016
For Rent at New Friends Colony, Nicely Built Third Floor 3 Bedrooms Attached Bathrooms, Drawing, Dining, Modular Kitchen, Car Parking, Woodwork,..
Jan 14, 2016
FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, S.Q. RENT..
Jan 06, 2016
FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, RENT..
Mar 12, 2014
Available 1st floor on rent in affordable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,nice location,very near to main..
Feb 25, 2014
Fully furnished 1 room with attached bathroom surrounding by green..
Jan 04, 2014
We offer our 3 BHK furnished apartment in defence colony. Apartment has three bedrooms with attached bathrooms. It has a modular kitchen which is..
Jun 05, 2013
1 ROOM SET, 1 BHK AND 2 BHK FULLY - FUNISHED are available for Rent in New Delhi at VASANT..
May 04, 2013
leigh appartment first floor for family, for sale in New..