Chapter 475 Bombay Garden Project
Vides still listened to Rotten's persuasion.
In the days that followed, the CBI kept a much lower profile.
In the past, facing the provocation from the Enforcement Agency, the Central Bureau of Investigation would definitely have fought back.
And now I have endured it all.
I really couldn't stand it anymore, and the intensity of my counterattack was reduced a lot.
The People's Party has a high chance of being re-elected, and Vides must prepare for the future.
It would indeed be of no benefit to the CBI to continue to confront the Enforcement Bureau.
Sometimes, you have to return what you should return, and you have to endure what you should endure.
Although he felt uncomfortable, Vides was not a reckless person.
The Central Bureau of Investigation's concession made the Enforcement Bureau very happy.
Bowede's self-confidence exploded and he acted more high-profile.
It can be said that the Law Enforcement Bureau is extremely arrogant from top to bottom.
In their view, the Central Bureau of Investigation is nothing special and is now in decline.
In addition to these, there is also the support and connivance of the federal government’s upper echelons for the law enforcement agencies, which has caused them to become more arrogant and domineering.
Although the Law Enforcement Bureau is very violent in the process of law enforcement, to Lao Xian and his men, the Law Enforcement Bureau is the best thugs, and they turn a blind eye to these things.
If anything really causes a big public outcry and has a negative impact, then all of it will be blamed on the law enforcement bureau.
When the time comes, we can just ask some members of the law enforcement agency to take the blame.
The People's Party has gained tangible benefits.
With the Central Bureau of Investigation going silent, there is no force that can compete with the Enforcement Bureau.
Of course, this doesn’t mean that the Central Bureau of Investigation will stop doing anything.
It is impossible for Vides to sit idle. The Central Bureau of Investigation still has to do its job, which involves major criminal cases and so on.
The Central Bureau of Investigation basically does not intervene in economic cases.
In fact, even if they intervene, the law enforcement agency will also intervene.
In that case, Vides just let it go.
Time flies, and it is already the second half of 2018. Rodon has long established a firm foothold in Mumbai, and his position as the Chief of the Mumbai Police Department is very secure.
Since there are no major cases, Rawdon is not too busy. As a senior police officer, he lives a very comfortable life.
As usual, Rawdon checked the news.
Next year is the election year, and the election atmosphere is already very strong. All parties are doing their best to campaign and canvass for votes.
As the largest opposition party and the leader of the opposition, the Congress Party has invested a lot in the general election.
Since elections require a lot of money, all major parties need to raise a large amount of funds.
Much of this funding comes from donations from their supporters, such as companies, wealthy individuals, etc.
These donors cannot give money to these political parties for nothing; it is an investment for them.
Once the party they support comes to power, they will be able to get their investment back tenfold or a hundredfold.
The wealthy and powerful support the major political parties in the hope that they can win more important positions in the federal government.
Some wealthy people with weaker power may support some small local parties. These small parties are unlikely to run for seats in the federal central parliament, but they can run for seats in the local state parliament.
Similarly, as long as they can get some important positions in the state, they can still get huge benefits.
This kind of exchange of interests and money transactions can be said to happen every day during India's general election.
Kanina has already lost the election, and it will be enough for her to get some guaranteed votes.
It would be best to have a seat in the federal parliament, but if not, I believe that Mabang can still retain a few seats.
Of course, she also gave birth to a son for Rawdon.
It can be said that all of Luoton's women gave birth to sons, which made Luoton very sad.
Whether it's a daughter or a son, for Roden, these women are not the ones who will stop having children after just one.
"The Law Enforcement Bureau." Roton looked at the news report and shook his head secretly.
Ever since the Central Bureau of Investigation fell silent, the Enforcement Directorate has become extremely active and has completely replaced the Central Bureau of Investigation's former position.
However, although he was active before, he has become even more active recently.
These guys travel around, constantly moving in and out among the wealthy people and big companies.
Especially in big cities like Mumbai, where most of India's wealthy people gather, so there are quite a few people from the Enforcement Agency in Mumbai.
This is Rawdon's territory, and he is very clear about what the Law Enforcement Bureau has done here.
The Law Enforcement Bureau is now conducting various targeted investigations into the economic problems of many wealthy individuals and companies.
Why do we say it is targeted?
Because the targets of the Enforcement Agency's investigations are basically supporters of the Congress Party and the opposition.
These wealthy people are providing campaign funding support to opposition parties such as the Congress Party.
Roton was very clear about the Enforcement Bureau's intention this time. It was obviously instructed by the People's Party. They did this to crack down on the opposition's source of funds.
Such an action may not completely cut off the opposition's campaign funds, but as long as it reduces the campaign funds they receive, it will be a victory for the People's Party.
After all, in India's general election, if you don't have enough financial support, it's basically a dream to win the election.
To run for election, you need publicity and campaigning, and all of this requires money.
Especially placing advertisements in some news media, running campaign videos, etc., how can these be successful without financial support?
Of course, if you want to win more votes from the grassroots people, the best way is to directly give them rupees. The price of one vote is clearly marked, and the highest bidder wins.
However, there will be many people who make money from the price difference.
These political parties are unlikely to really reach out to the poorest people, so they will turn to some local gang members.
They will give a sum of money to the gang, or give a certain amount per person, and then the gang will take a cut of the profits, so the voting fees given to the people will naturally be much less.
Many people benefit from every general election, which can be regarded as a complete industrial chain.
Especially for the poor at the bottom of society, this is a windfall that comes once every few years.
Although the politicians they elect will reap the benefits a thousand times over, the ones who are truly hurt are the poor at the bottom of society, but they have no choice.
Does it mean that you should have the backbone to not take the vote money and vote for the person you truly support?
Who can they really trust?
No.
Does not exist.
As for these Indian politicians, each of them is just for themselves, the only difference is how much they make.
So for the people, it doesn't matter who you vote for. Those guys come to power to make money anyway, so what's wrong with selling votes?
Getting the money is the most real thing for them.
"Chief, someone from the Law Enforcement Bureau came over and said they need our police station to send someone to cooperate." The office director came in to report.
"Send them, they are the law enforcement agency after all," said Roton with a faint smile.
The Enforcement Directorate has carried out many operations in Mumbai, but since they do not have that many manpower, most of them still require the cooperation of the local police.
If it were in other places, the law enforcement agency would directly issue orders to the local police, acting from a superior position and not giving the police any chance to object.
But this is Mumbai, and Mumbai itself has a special status in India.
In addition, the chief of the police station here is Roton. Even though the law enforcement bureau is very arrogant now, they still follow the procedures here and contact Roton every time. The tone and other aspects are still good, and they can be considered to be discussing things.
Therefore, Roton also gave face to Bowede.
As long as the law enforcement agency needs manpower, Rotun will send people to cooperate in the arrest.
There is no way. The Law Enforcement Bureau has the power to make local police cooperate with their actions.
"Yes, Chief." After the director finished speaking, he hesitated for a moment and said, "Chief, the Enforcement Bureau has been taking a lot of actions in Mumbai recently, and the movement is very loud. This has made many wealthy people in Mumbai feel a little uneasy. This is not a good phenomenon and will have a certain impact on Mumbai's public security."
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"We should take care of our own business. What happens to those rich people is none of our business." Rawdon smiled and said, "Strengthen patrols to prevent any accidents."
"yes!"
After the director left, Luoton smiled secretly in his heart.
The panic of these rich people has nothing to do with him as the police chief.
It would be good if this could affect Mumbai's economy, and put some pressure on Lao Xian.
The Law Enforcement Bureau has been causing too much trouble lately.
However, Roton felt that even if the economy of Mumbai was affected, the old immortal probably wouldn't care.
If it was before, he might still care, but now is a critical moment in the election.
The Enforcement Directorate is stirring up trouble in Mumbai, all of which is aimed at cracking down on the opposition in the Congress party.
From the perspective of the People's Party, striking at opponents is the most important thing.
At this time, even if the economy of Mumbai is really affected, Laoxian will most likely put it aside.
Unless Mumbai's economy collapses completely, the crackdown on opposition funds will certainly continue and the pressure will continue.
As for the fights between these political parties, Roton is just a spectator. Although Kanina and her friends are from the People's Party, the People's Party was very peaceful in this election and was not as crazy as other parties. Therefore, for Roton and her friends, they are just there to watch the show.
After nothing happened, Rawdon turned on the TV.
Not to watch TV, but to listen to some news.
Half an hour later, Rawdon, who had been listening to the news with his eyes closed, suddenly opened his eyes.
He stared at the TV, which was showing an interview with Sori.
Sori spoke eloquently on TV, his words full of confidence and pride.
He told reporters that he would develop the most upscale, luxurious and largest community in Mumbai next.
In other words, this project must be done to perfection in everything and become a new landmark in Mumbai.
The investment scale starts from 100 crore rupees.
Roton looked at the time of the news, it should be the content of Sori's interview yesterday.
Taking out his cell phone, Rawdon called Sori.
Half an hour later, Sori hurried to Rawdon's office.
He was in a meeting at the company, but after receiving a call from Luoton, he dropped what he was doing and rushed over.
After letting Sori sit down, Rawdon couldn't help but ask, "What's the matter with your Bombay Garden plan?"
The real estate development project that Sori mentioned on TV before was named "Mumbai Garden". This is a large project with an investment of hundreds of billions of rupees. Now after the news was broadcast, it has attracted a lot of attention.
This real estate development company has investments from major groups such as Reliance Group and Tata Group. Although it has not been established for a long time, its strength is unquestionable.
"It's like this." When Sori mentioned the 'Mumbai Garden' project, his eyes lit up and his face was full of pride. "I want to build the most classic and luxurious residential area in Mumbai, specially for Mumbai, no, for the wealthy people in India. I believe that the profit of this project will be very considerable."
Luoton agreed with Sori's idea of building such a luxurious community.
The housing prices in Mumbai are among the highest in the world.
There is no way. Mumbai has too many rich people. More than half of India’s top rich people are here, and some powerful people also live here.
There are also many people who do not live in Mumbai but also buy houses in Mumbai.
There are enough wealthy people here who can afford luxury homes.
Therefore, luxury homes will never be difficult to sell in Mumbai.
"Investing more than 100 billion rupees?" asked Rawdon.
"The current preliminary budget is around 150 billion rupees, and we may need to increase the cost later," said Sori. "The government has a large piece of land for sale recently. The location is very good. It is rare to find such land in the city. It is almost extinct. Once we get it and develop it, we will definitely make a lot of money."
Land is very tight in the urban area of Mumbai, and there is almost no land reserve. Especially this time, the piece of land is so large that it has not been seen in decades.
In a place like Mumbai, demolition is difficult.
In fact, no matter where you are, it is the same all over India. It is very difficult to demolish houses and expropriate land.
Because these lands are basically private.
Mumbai has a large number of slums, such as the Dharavi slum, which is located in the center of Mumbai and is surrounded by bustling commercial centers.
But these slums can basically not be demolished.
According to Indian law, as long as a person lives in a place for a certain period of time, he or she owns the land.
In other words, the slums are occupied by these poor people.
Given the horrific population density of the slums, the demolition compensation is simply not enough.
As Mumbai's population continues to grow, the available land is naturally becoming less and less.
If a piece of land appears within the urban area of Mumbai, especially one that is not fragmented but a large area and can be better used for various construction plans, the land transfer price will be astronomical.
"One hundred and fifty billion rupees? Is that so much money?" asked Rawdon.
Investing so much money in this project at once is a huge amount.
"There is definitely a funding gap at the real estate company, but we can apply for a bank loan. Don't worry, there is no problem with the bank and it is easy to raise funds." Sori said confidently.
He has connections with Reliance Group and Tata Group, and since this project is of high quality, it will definitely be easy for him to get a loan from the bank.
"Since last year, banks have become more stringent in lending to property development projects," said Rawdon.
Real estate development projects in India were very hot in the past few years, but behind the heat there are naturally risks.
So last year, India’s real estate development regulation bill was promulgated, mainly to tighten loans and control various risks, which had a huge impact on real estate development.
(End of this chapter)