Company Directory - Vamsiram Builders
Company Details - Vamsiram Builders
Vamsiram Builders
WebsiteHyderabad, India
Vamsiram Builders is a private construction company involved in real estate development, specializing in residential projects. They focus on creating iconic living spaces and have been operational for over 25 years, contributing significantly to the urban landscape of Telangana.
CCI Score
CCI Score: Vamsiram Builders
-36.36
0.69%
Latest Event
Controversial Real Estate Project in Khajaguda
Vamsiram Builders, previously favored by the BRS regime, undertook the massive Manhattan real estate project in Khajaguda. The project encountered political interference when a BRS minister initially cleared it, only for Chief Minister K. Chandrashekar Rao to halt it, and later be revived under the Congress government. The controversy has led to public litigation and political rebellion, highlighting the company’s entanglement in politically influenced project approvals.
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TOADIE
Vamsiram Builders is currently rated as a Toadie.
Latest Events
- JUN172025
Vamsiram Builders, previously favored by the BRS regime, undertook the massive Manhattan real estate project in Khajaguda. The project encountered political interference when a BRS minister initially cleared it, only for Chief Minister K. Chandrashekar Rao to halt it, and later be revived under the Congress government. The controversy has led to public litigation and political rebellion, highlighting the company’s entanglement in politically influenced project approvals.
- DEC062022
Income Tax officials conducted simultaneous raids on the offices and residences of Vamsiram Builders’ promoters on December 6, 2022, amid allegations of financial irregularities and potential political pressure linked to major development projects in Telangana.
-50
Public and Political Behavior
June 17
The raids raise concerns about Vamsiram Builders' potential engagement in unethical political behavior. The investigation into financial irregularities suggests a link between corporate financial practices and possible attempts to influence political outcomes, undermining democratic accountability.
Offices and homes of promoters of Vamsiram builders raided by Income Tax officials
-40
Business Practices and Ethical Responsibility
June 17
The raids highlight potential shady financial practices and a lack of transparency in Vamsiram Builders' operations. The investigation into possible tax evasion and irregular financial transactions suggests a disregard for ethical business practices, which may be used to facilitate undue political influence.
Offices and homes of promoters of Vamsiram builders raided by Income Tax officials
- DEC062022
On December 6, 2022, Income Tax officials conducted raids on the offices and residences of the promoters of Vamsiram Builders in Hyderabad and other locations. Reports indicated that these actions were part of an investigation into financial transactions, with allegations suggesting that the company may be a major financier of the ruling BRS party, raising concerns over unethical political financing practices.
-50
Political Contributions and Lobbying Efforts
June 17
The investigation into Vamsiram Builders comes amid allegations that the company’s financial dealings include serving as a major source of funding for the ruling BRS party. This involvement in political financing raises concerns regarding corporate support for politically entrenched power structures, which can potentially facilitate authoritarian practices and undermine fair democratic processes.
Offices and homes of promoters of Vamsiram builders raided by Income Tax officials
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