Priyanka Gandhi's husband in pact with DLF for realty foray
New Delhi entrepreneur Robert Vadra has made a quiet and relatively unheralded entry into the real estate business, includes a tie up with DLF, reported The Economic Times.
March 14, 2011 / 17:14 IST
New Delhi entrepreneur Robert Vadra has made a quiet and relatively unheralded entry into the real estate business, includes a tie up with DLF, reported The Economic Times.
In spite of coming from the country's most powerful family (he is son-in-law of ruling United Progressive Alliance coalition chairperson Sonia Gandhi), Vadra has stayed away from electoral politics, maintaining that he wants to be known as a businessman.Earlier, Vadra was quoted saying that his focus was on Artex, a small company specialising in jewellery and handicraft exports. That seems to be changing as Vadra has sought to scale up and diversify his business activities since 2008. He has been acquiring tracts of land in Haryana and Rajasthan, a 50% stake in a leading business hotel in Delhi, and attempting an entry into the business of chartering aircraft, reports ET.Several of Vadra companies have received loans, some unsecured, from DLF group companies, including the Bombay Stock Exchange-listed flagship DLF Ltd.Source: The Economic Times Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
