Corruption Watch

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[url="http://www.track2realty.com/robert-vadra-enters-realty-business-ties-up-with-dlf"]Robert Vadra enters realty business, ties up with DLF [/url]

However, the business interest seems to be changing as 42-year-old Vadra, known for his punishing fitness regime and love for fast bikes, has sought to scale up and diversify his business activities since 2008, acquiring tracts of land in Haryana and Rajasthan, a 50 per cent stake in a leading business hotel in Delhi and attempting an entry into the business of chartering aircraft.

Regulatory filings available in the public domain and reviewed by Track2Realty reveal the changing graph of Vadra’s business interests. These include wide-ranging transactions with the DLF Group. Several of his companies have received loans, some unsecured, from DLF group companies, including the Bombay Stock Exchange-listed flagship DLF Ltd.

Sky Light Hospitality Pvt Ltd, a company wholly owned by Vadra and his mother Maureen Vadra, is a partner, along with DLF Hotel Holdings and others, in a partnership firm that owns the business hotel Hilton Garden Inn in the upscale South Delhi business district Saket. The hotel is located within the DLF Place mall, also known as DLF Courtyard.