The Dubai Businessman Criticizes Media Hype About Property Scams Hyderabad
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Pankaj Wahal
Mar 21, 2013, 1:31:06 AM3/21/13
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Article Title: The Dubai Businessman Criticizes Media Hype About Property Scams Hyderabad
Author: Pankaj Wahal
Word Count: 497
Article URL: http://www.isnare.com/?aid=1826053&ca=Real+Estate
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1826053
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The man behind the real estate giant Emaar, Dubai businessman criticizes the hype created by the media about the alleged property scams Hyderabad. While the controversy about undervaluation of the land by a government agency, Andhra Pradesh Industrial Infrastructure Corporation or APIIC may be entirely untrue, the role of the real estate giant, Emaar, in the alleged property scams Hyderabad seems to be all the more further from the truth. The ongoing investigations into the alleged irregularities have revealed nothing that shows any role of the company in the entire controversy. In this light, Emaar has made clear its stance on the entire affair by declaring that it is open to cooperation with investigation agencies to clear its name from the scam and move forward with its business in the Indian market. Leaving the allegations behind, Emaar, along with its local partner MGF, is moving ahead to undertake and complete their other projects spread across India and clearly shows that Emaar MGF has grand plans in India and that the joint venture will not be deterred by such non-existent controversies.
Emaar is a reputed real estate company based in the Emirate of Dubai, one of the seven Emirates which collectively form the United Arab Emirates or UAE. After being conceptualized as a construction company in the year 1997, Emaar has since then diversified to include hospitality, hotels, malls, retail and technology under its purview. Under its Entertainment arm, Emaar has successfully created the world�s finest entertainment avenues including the famed Dubai Aquarium & Underwater Zoo, Dubai Ice Rink, Reel Cinemas and SEGA Republic. The Dubai Mall is an outstanding work of Emaar, being recognized as the largest shopping mall in the emirate and hosts the annual Dubai shopping festival. Apart from these, Emaar has also interests in hospitality industry, primarily limited to Dubai, where it constructed and now manages multiple luxury hotels and have plans to launch its operations in hospitality and entertainment in regions outside of Dubai.
In the Indian market, Emaar partnered MGF Development Limited in the year 2005 to give birth to Emaar MGF entity to participate in the real estate market in India. Barring the setback it received in the alleged property scams Hyderabad which the Dubai Businessman criticizes vehemently, Emaar MGF has taken the Indian real estate market by a storm and it is already at par with other major builders in the country and has become a power to reckon with. Emaar MGF has, since 2005, undertaken projects revolving around construction of luxury residential townships in multiple cities in India along with creation of Information technology parks, business centers, business hubs and other commercial properties. While Emaar has not yet declared its ambitions in India but it should just be a matter of time before it plans to replicate its other business models in the country, much like it did in Dubai where it not only constructs but also actively manages and operates the commercial properties created by the company.
About The Author: I am a freelance writer and enjoy writing small, informative articles on topics related to Real Estate, Travel, IT products for SME and sometimes about my experience with Hotels as well.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1826053
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Message delivered directly to members of the group:
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*****************************************************************
Please consider this free-reprint article written by:
Pankaj Wahal
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=1826053
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=1826053
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: The Dubai Businessman Criticizes Media Hype About Property Scams Hyderabad
Author: Pankaj Wahal
Word Count: 497
Article URL: http://www.isnare.com/?aid=1826053&ca=Real+Estate
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1826053
Easy Publish Tool: http://www.isnare.com/html.php?aid=1826053
*********************** ARTICLE START ***********************
The man behind the real estate giant Emaar, Dubai businessman criticizes the hype created by the media about the alleged property scams Hyderabad. While the controversy about undervaluation of the land by a government agency, Andhra Pradesh Industrial Infrastructure Corporation or APIIC may be entirely untrue, the role of the real estate giant, Emaar, in the alleged property scams Hyderabad seems to be all the more further from the truth. The ongoing investigations into the alleged irregularities have revealed nothing that shows any role of the company in the entire controversy. In this light, Emaar has made clear its stance on the entire affair by declaring that it is open to cooperation with investigation agencies to clear its name from the scam and move forward with its business in the Indian market. Leaving the allegations behind, Emaar, along with its local partner MGF, is moving ahead to undertake and complete their other projects spread across India and clearly shows that Emaar MGF has grand plans in India and that the joint venture will not be deterred by such non-existent controversies.
Emaar is a reputed real estate company based in the Emirate of Dubai, one of the seven Emirates which collectively form the United Arab Emirates or UAE. After being conceptualized as a construction company in the year 1997, Emaar has since then diversified to include hospitality, hotels, malls, retail and technology under its purview. Under its Entertainment arm, Emaar has successfully created the world�s finest entertainment avenues including the famed Dubai Aquarium & Underwater Zoo, Dubai Ice Rink, Reel Cinemas and SEGA Republic. The Dubai Mall is an outstanding work of Emaar, being recognized as the largest shopping mall in the emirate and hosts the annual Dubai shopping festival. Apart from these, Emaar has also interests in hospitality industry, primarily limited to Dubai, where it constructed and now manages multiple luxury hotels and have plans to launch its operations in hospitality and entertainment in regions outside of Dubai.
In the Indian market, Emaar partnered MGF Development Limited in the year 2005 to give birth to Emaar MGF entity to participate in the real estate market in India. Barring the setback it received in the alleged property scams Hyderabad which the Dubai Businessman criticizes vehemently, Emaar MGF has taken the Indian real estate market by a storm and it is already at par with other major builders in the country and has become a power to reckon with. Emaar MGF has, since 2005, undertaken projects revolving around construction of luxury residential townships in multiple cities in India along with creation of Information technology parks, business centers, business hubs and other commercial properties. While Emaar has not yet declared its ambitions in India but it should just be a matter of time before it plans to replicate its other business models in the country, much like it did in Dubai where it not only constructs but also actively manages and operates the commercial properties created by the company.
About The Author: I am a freelance writer and enjoy writing small, informative articles on topics related to Real Estate, Travel, IT products for SME and sometimes about my experience with Hotels as well.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1826053
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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