New Delhi:
In a press statement, real estate developer EMAAR-MGF has contested the landscape of charges being leveled at it by the government. (
Read: EMAAR's response to charges of poor construction)
For one, EMAAR says its Rs. 183-crore deposit to the government has not been confiscated or frozen by the government as penalty for sub-standard construction of the Athletes Village. Instead, it says this bank guarantee was extended earlier by it till the end of December this year at the DDA's request.
EMAAR states that its Village "has been built to the highest standards of quality and design".
