What is going on in Pune real estate market?Instead of towing the policy of the PBAP, how can any builder offer his own housing solution to the property buyers in Pune?
Particularly when the PBAP had been so kind to the home buyers who were avoiding to book flats because of job insecurity due to recession in the US economy.
In fact, it was not at all necessary for the PBAP to offer to pay 3 EMIs to the financial institution in case of borrower lost the job and couldn't pay. Builder is not at all concerned with EMI. It was bank and borrowers business.
Only on the humanitarian grounds PBAP decided to show sympathy to the property buyers.
But one member of PBAP, wants to be friends with the property buyers! He wants them to chill. Don't bother about property rate cuts. Home loan interest rates. Stalled construction work. Cancellation charges and refund of booking amount. Delayed possession. Paying EMI.
This builder, just tells you to go ahead and rent his brand new property. In his projects in Pashan, Baner and Wakad. All preferred neighborhoods by IT professionals working in Hinjewadi.
No, this builder is not changing his line of business. He is not going into renting. Doesn't want to become landlord and live off the rent. He wants to remain builder and develop housing schemes. He is offering some sort of scheme just to show his concern and commitment to his patrons in the hard times. He calls it "Rent Today Own Tomorrow"
This offer, this gesture, this builder is fundamentally wrong. Completely against the principal of PBAP. Why? I can explain it only in Hindi. "Agar ghoda ghas se dosti karega to bhuka mare ga." is the universal truth.
Shame, shame, shame...
Am i missing something?Where is the catch? Am i missing something? How can one be so different in the bunch of greedy blood sucking xxxxxxx? Please, throw some light in the comments. (Comments Policy),
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