Ambassador of Waves (West End Mall) Ludhiana – Noida Mall owned by Ponty Chadha raided

Ponty Chadha Ludhiana Raid

Ponty Chadha

Gurdeep Singh Chadha alleged of selling liquor bottles at Noida Mall was raided by income tax department officials and they on Wednesday recovered more than rs 125 Crore after raid on 25 properties in Delhi and UP and 5 cash counting machines in the basement of Centrestage mall in Noida . The Chadha group renamed as Wave few months back has annual turnover of more than rs. 5500 crore. According to sources it was found that Chadha has monopolised the liquor business in UP and has major hold in the same business in Punjab also.

Stats of chadha Empire :-

3,50,000 sqft The Centre Stage Mall, Noida

97,000 sqft The Waves Mall, Kaushambi

25,000 sqft Wave Cinemas, Rajouri, New Delhi

4,70,000 sqft The Wave Mall, Ludhiana, and other properties

(source: Hindustan times)

You may also like...

Leave a Reply

Your email address will not be published.