New Delhi, April 19 IANS | 5 months ago

BJP leader Arun Jaitley Saturday attacked Congress president Sonia Gandhi's son-in-law Robert Vadra for his rise in the real estate business.


Taking a swipe at Vadra in his blog, Jaitley wrote: "Congratulations to Robert Vadra. He has made it to the Wall Street Journal. The Vadra business model requires the research paper to be prepared by a key business analyst."

He was referring to a write-up in The Wall Street Journal which raised questions of his meteoric rise in the real estate sector.

"Start a business without any investment. Investment will flow as loans and advances which is a synonym for political equity.

"Use these loans to buy property at fraction of the market cost. Many people are willing to sell property for an inadequate consideration, accumulate a land and a property bank with the patronage of the state," it added.

"Sell off some properties and repay back the original loan. The rest is all yours with no liabilities. So far this business model has raised only eyebrows. It is time it raises serious questions. That is what the Wall Street Journal has done," he said.

(Posted on 19-04-2014)


Information on States of India:

Andaman Nicobar | Andhra Pradesh | Assam | Bihar | Chandigarh | Chhattisgarh | Dadar Nagar Haveli | Daman Diu | Delhi | Goa | Gujarat | Haryana | Himachal Pradesh | Jammu Kashmir | Jharkhand | Karnataka | Kerala | Lakshadweep | Madhya Pradesh | Maharashtra | Manipur | Meghalaya | Mizoram | Nagaland | Orissa | Pondicherry | Punjab | Rajasthan | Sikkim | Tamil Nadu | Tripura | Uttar Pradesh | Uttaranchal | West Bengal

INDIA REGIONAL MAPS:

Andhra Pradesh Travel Map | Bihar Travel Map | Goa Travel Map | Gujarat Travel Map | Haryana Travel Map | Himachal Pradesh Map | Karnataka Travel Map | Kerala Travel Map | Maharashtra Travel Map | Punjab Travel Map | Rajasthan Travel Map | Sikkim Travel Map | Tamil Nadu Travel Map | Uttar Pradesh Travel Map | West Bengal Travel Map |

MORE MAPS OF INDIA:

Airports of India | Districts of India | India Pilgrim Centers | Tourism Map of India | National Highways in India | India Railway Routes |

INDIA CITY MAPS:

Ahmadabad | Bangalore | Chennai | Coimbatore | Delhi | Hyderabad/Secunderabad | Kochi | Kolkata | Mumbai | Pondicherry | Pune | Surat |

KERALA TRAVEL MAPS:

Alappuzha | Ernakulam | Idukki | Kannur | Kasaragod | Kollam | Kottayam | Kozhikode | Malappuram | Palakkad | Pathanamthitta | Thiruvananthapuram | Thrissur | Wayanad |