The son-in-law of India’s First Family, Robert Vadra is going big into Reality Business with – Sky Light Hospitality Pvt. Ltd. that is fully owned by Robert and his mother Maureen Vadra and has entered into partnership with DLF Hotel Holdings. Vadra is no more satisfied just with Artex, a small company specialising in jewellery and handicraft exports. Now he is scaling up his business activities. In 2008, Vadra acquired tracts of land in Haryana and Rajasthan, a 50% stake in a leading business hotel, Hilton Garden Inn in DLF Place Mall in Saket, Delhi. Vadra is next planning to enter the business of chartering aircrafts (With Elections coming up, this is going to be a lucrative business.). All these information is available on the public domain with the Registrar of Companies. Several of his companies have received loans, some unsecured, from DLF group companies, including the flagship DLF Ltd.
In an interview with a national business paper, Robert Vadra in a telephonic chat from Europe stated, “The Hilton Garden Inn Hotel in Saket is a small business hotel. I have interest in hospitality and am happy to be part of the hotel.” Vadra also added, “I have known the DLF people for a long time and they are friends of mine. I had wanted to invest in real estate and one thing led to another. Right now, I can only be part of a small hotel. If I were taking favours from people I would be doing far bigger things. But I am doing this on my own. I can’t expand immediately but I hope to expand a few years down the line.”
We wish you all the best Robert Vadra. Cheers!
Useful news. Big thanks for that.
Just bookmarked this post. Nice news.
it`s an exclusive story to be appreciated.
Really good post. Thanks for sharing!
Really good post. Thanks for sharing!
I Like your blog. Thanks for sharing.
Thank you for posting. This is a very nice blog.
DLF is a public listed company which makes it accontable to shareholders. If DLF has made public its policy to give out unsecured loans, well and good. But if not, shareholders and perhaps even the regulator (SEBI) may have few question to ask the company.