Emaar MGF Scam or Hyderabad Land Scam – All Noise, No Substance

There’s something peculiar about the Indian media, it somehow loves sensationalism. How else can one explain why the alleged Hyderabad land scam was actually branded Emaar MGF Scam? It is very simple, the Indian news media market is limited but has far too many players. In the bid to outshine other news channels, some media houses start playing the dirty game of sensationalism to increase TRPs and earn Advertizing revenue. This is why you would notice that a lot of alleged scams and controversies are pinned to names which are popular and are easily memorable to generate interest of viewers without any considerations to the harm it can cause to innocent parties alleged to be a part of it. The finest example can be seen in the nomenclature of Hyderabad land scam which was actually branded Emaar MGF Scam. Emaar, which entered the Indian real estate sector in the year 2003and partnered a local player, MGF, as was the requirement of Indian laws governing real estate sector, was shocked to see its name being thrown into a dirty & politically motivated controversy but has not let it impact its plans for the Indian market. Emaar MGF remains bullish about the Indian real estate scenario & is seeing huge growth in its Indian arm.

Unhindered by the alleged Emaar MGF scam, the real estate company is going all out prove why it is known the world over as the finest real estate company. Before the alleged Hyderabad land scam, and even after it, Emaar has been involved in multiple prestigious projects which were assigned to this real estate giant because no other real estate company in India could be trusted to deliver the projects with such effectiveness and at short notices. As you may be aware, Emaar is the company behind the world’s tallest building in Dubai, UAE known as the Burj Khalifa. This modern day architectural marvel was not only completed within the strict timelines but is known to be world most cost effective structure ever created, keeping in mind the scale of the project. Throughout the period Burj Khalifa was being constructed, there was never a doubt that anything could go wrong as the reputation of Emaar was enough to remove any doubts.

After it showed the world what it was capable of, Emaar step its foot outside the Dubai market and has been marching into new territories around the world. It was obvious that Emaar chose the Middle East to test the waters and then it moved on to countries like Egypt, Syria, Morocco and Pakistan before entering the Indian real estate market. Emaar is also active in the US market through mergers and acquisitions, especially after the US subprime crisis which caused a wave of recession throughout the world. Emaar, on the other hand, remained profitable throughout this period of recession and it is no surprise that it countered the alleged Hyderabad land scam so easily considering its transparent operations and its commitment to excellence. Emaar MGF scam allegations have long been forgotten by the company and it continues on its path to become India’s finest real estate company.

The author loves to write small, informative articles on topics related to Real Estate and Travel. This article is about Emaar MGF Scam.

The author loves to write small, informative articles on topics related to Real Estate and Travel. This article is about Emaar MGF Scam (http://aw8.info/emaar-mgf-scamfalse-allegations-against-real-estate-giant/).

Author Bio: The author loves to write small, informative articles on topics related to Real Estate and Travel. This article is about Emaar MGF Scam.

Category: Real Estate
Keywords: Emaar MGF Scam, Hyderabad Land Scam

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