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Bangalore: India’s largest developer DLF Ltd submitted a set of responses to BSE on Wednesday morning, after Tuesday’s press conference in which India Against Corruption’s Arvind Kejriwal made a fresh set of charges against the company.

On a nexus between DLF and the Haryana government

DLF: With reference to the 30 acres of SEZ (special economic zone) development by DLF on land purchased from East India Hotels, the order of the high court of Punjab and Haryana has been stayed by the Supreme Court of India vide its orders dated 20 June 2011 and 26 September 2011. The matter is sub-judice and is awaiting hearing.

On Robert Vadra, son-in-law of Congress party chief Sonia Gandhi, being the majority shareholder in DLF SEZ Holdings Pvt. Ltd

DLF: In DLF SEZ Holdings Pvt. Ltd, 50% of shareholding was acquired by North India IT Parks Pvt. Ltd in October 2008 at the face value of 2.5 lakh. The said 50% shareholding was subsequently bought back from North India IT Parks in September 2009 fully at face value of 2.5 lakh, as the proposal for developing SEZs could not take off due to deep recession in the market in 2009. No benefit or gain was made by Vadra or DLF, in this regard. We wish to clarify that this proposal had nothing to do with SEZ being developed or developed by DLF (including the one referred above). Vadra, neither had nor has any interest in the various SEZs of DLF in any manner.

On 350 acres land given to DLF

DLF: In our earlier press statement, we had confirmed that this land was allotted through an international bidding tender. This matter is sub-judice before the high court of Punjab and Haryana. We stand by our statement.

On Increased FAR (floor area ratio) for DLF

DLF: This project was approved way back in 1995 as stated in our earlier press release. In subsequent revisions of Master Plan, no changes in FAR or density have taken place. Hence, no benefit has accrued to DLF by the said revisions in the master plan.

On land acquisition cancelled in Manesar to favour DLF

DLF: DLF or any of its companies never purchased any land in the residential sectors of Manesar as referred in the statement by Arvind Kejriwal. Acquisition proceedings were withdrawn by Haryana government on 24 August 2007, whereas DLF acquired development rights much later from other developers to develop two licensed group housing projects only on 11 April 2008. These group housing projects are under development after obtaining all due approvals.

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