Tuesday, May 25, 2004

Diamond District in a spot of bother

Allegations that the Diamond District corporate and residential complex violated building norms and regulations were first made about 6 years ago. Following the conclusion of an investigation, the BMP has confirmed the allegations to be true and withdrawn the occupancy certificate to the building. What remains to be seen is if the authorities will proceed against the builder whose construction is home to some leading corporates and high-net-worth (as the bankers call them) individuals or will some moolah quietly change hands and things will go on like nothing happened.


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