bhutani real estate

SHOCKER: Days after I-T seizes Rs 400 cr cash, tainted Bhutani Group bags UP’s film city bid

Other bidders now say that Bhutani Group, facing I-T probe, has taken advantage of financial lacuna in the bid document by YEIDA by quoting such astronomical figure of 18% revenue when the minimum ask was 5 % and that it is also not clear if a tainted real estate company like Bhutani would be in a position to either deliver commercials or handle a sensitive project like this.