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Trump Towers Pune: project in sleepy Indian city faces investigation
Source: The Guardian
Trump Towers Pune: project in sleepy Indian city faces investigation
Vidhi Doshi in Pune
Tuesday 23 August 2016 09.00 BST
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Each 6,000-sq-ft, five-bedroom apartment cost a whopping 150m rupees ($2.2m) – around 25% more than similar properties in the surrounding Kalyani Nagar neighbourhood, just because of Trump’s name. On subsequent trips to India, Trump told reporters that Trump Towers would be “good for India”.
Construction work at Trump Towers Pune is well under way, but two years on from that glitzy launch, the project is the subject of two investigations by the Pune state government and local police, after discrepancies were found in documents related to the land on which the luxury apartment block is being built.
Saurabh Rao, the district collector (or top administrative officer) for Pune state, told the Guardian: “We are currently in the investigation process. We have been conducting an inquiry for the last five or six months.” The results of the investigation are due to be published imminently, Rao said.
The land on which Trump Towers Pune is built was originally the property of Sir Jehangir Gandhi, an industrialist who left his estate to his children. They were only able to claim a fraction of the land, because of legislation passed in 1976 to prevent large swaths of land acquired during the British Raj staying in the hands of rich families.
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Bharate has questioned the permission documents, saying that the unique order number on the documents actually corresponds to a different property.
[font size=1]-snip-[/font]
Vidhi Doshi in Pune
Tuesday 23 August 2016 09.00 BST
[font size=1]-snip-[/font]
Each 6,000-sq-ft, five-bedroom apartment cost a whopping 150m rupees ($2.2m) – around 25% more than similar properties in the surrounding Kalyani Nagar neighbourhood, just because of Trump’s name. On subsequent trips to India, Trump told reporters that Trump Towers would be “good for India”.
Construction work at Trump Towers Pune is well under way, but two years on from that glitzy launch, the project is the subject of two investigations by the Pune state government and local police, after discrepancies were found in documents related to the land on which the luxury apartment block is being built.
Saurabh Rao, the district collector (or top administrative officer) for Pune state, told the Guardian: “We are currently in the investigation process. We have been conducting an inquiry for the last five or six months.” The results of the investigation are due to be published imminently, Rao said.
The land on which Trump Towers Pune is built was originally the property of Sir Jehangir Gandhi, an industrialist who left his estate to his children. They were only able to claim a fraction of the land, because of legislation passed in 1976 to prevent large swaths of land acquired during the British Raj staying in the hands of rich families.
[font size=1]-snip-[/font]
Bharate has questioned the permission documents, saying that the unique order number on the documents actually corresponds to a different property.
[font size=1]-snip-[/font]
Read more: https://www.theguardian.com/us-news/2016/aug/23/donald-trump-towers-pune-india-investigations
