FREAKY FRIDAY – Trump Organisation and realty deals: An unfinished story in India
Reading Time: 7 minutes Post Views: 4,488 Remember Lord Voldemort from the Harry Potter? A masked death-eater, who was using the body of ‘Professor Quirrell’ and ‘Tom Riddle’ to destroy Harry and his friends. He-who-cannot-be-named! Unfortunately, this is exactly the scenario of real estate licensing in Indian market. Real estate in India is a notoriously corrupt industry, regulated by a hulking government bureaucracy that runs on graft. The World Bank Group’s most recent “Doing Business” report ranked India 181st out of 190 countries in terms of the difficulty of obtaining construction permits—an improvement over…
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