GURU GOBIND SINGH JI – A SAVIOUR OF HUMANITY --- He, who mocked Sikh sentiments, objects against being mocked --- Pearl company MD NS Bhangoo arrested for Rs 45000 cr scam --- 2016: A year of moral reckoning --- Kejriwal may shift base for Punjab battle --- Punjab govt declares 1.14 lakh new jobs, life imprisonment for desecration of Guru Granth Sahib --- Thinking beyond the concept of SGPC to safeguard Sikh ethos --- ‘Sarbat Khalsa’ appoints Beant Singh assassin as Akal Takht Jathedar --- The Modi presidency is over --- Law & logic don’t work in Punjab; 2 brothers held in haste, let off under public pressure

Home » Exclusives » Sukhbir Badal’s Gurgaon hotel empire is worth Rs 4 billion, claims India Samvad

Sukhbir Badal’s Gurgaon hotel empire is worth Rs 4 billion, claims India Samvad

Orbit-GurgaonBy INDIA SAMVAD:

Any guesses? Who owns the newest most expensive luxury hotel in India? Is it the Ambanis, the Tatas or the Birlas. Neither of them.

The best designed newly built 5 star hotel (the Oberoi Gurgaon) is owned by Punjab Deputy Chief Minister Sukhbir Singh Badal. Besides Oberoi’s, Badal owns another 5 star hotel Trident in Gurgaon. After capturing power in Punjab, Badal is now all set to capture the luxury hotel business.

Badal’s Orbit company which owns the infamous killer bus of Punjab also owns these 5 star hotel properties worth Rs 800 crore. Like the controversial transport business, the hotel properties have a dubious record too.

India Samvad finds out that Badals constructed both the hotels on a disputed land. CAG in its report had pointed out that the 18 acre land in heart of Gurgaon owned by Badals was allotted at a concessional rate without any notice for sale. The land was taken back by Haryana State Industrial Development Corporation. Later when tainted Chautalas came to power the plot was given back to Badals.

Sources said that where Badals got the billion of rupees to construct these luxury icons is a subject of investigation. It is said that architects flew from Singapore to design the state of the art building which now boasts of being the best designed hotel in India.

Sukhbir Singh Badal later approached Oberoi group to run the Hotel. Sources said that MS Oberoi and Prakash Singh Badal were old friends and therefore a deal was promptly struck between Juinor Badal and Oberoi to run the hotel.

Later Sukhbir Singh Badal pumped more money into a new venture for acquiring Orbit aviation. According to the Registrar of Companies (RoC) documents, Sukhbir holds shares in Orbit Aviation in three different ways: 5,000 direct shares, about 2 crore shares through his hospitality firm Orbit Resorts and 41 lakh shares through his media firm called G-Next Media Private Limited.

Orbit Resorts is the parent company with net assets of Rs 735 crore as of 2013 that has now Sukhbir’s investments in Orbit Aviation, G-Next Media and another subsidiary company called Gur-baz Media.

Sukhbir’s aviation company has three flying machines – an eight-seater Cessna 525A jet, another eight-seater Super King Air B 200 and a helicopter Bell 429.

“The company is engaged in the carrying of passengers by air and bus,” the RoC document submitted by Orbit Aviation says.