Should I book a flat which is not yet sanctioned by PMC?
I liked one project opposite Pu La Deshpande Udyan on Sinhagad Road. It has 5 high rise towers. I chose a flat on higher floors. This floor is not yet sanctioned. If I book that flat today - by paying 10% of the agreement value - I can get a substantial rate benefit - means I will get today's rate. The flat agreement will be signed & registered after the builder obtains PMC sanction - means approximately after a year or so. Ravi Karandeekar, my question is - should I book today or wait for PMC sanction? A lady asked.
Sorry. I didn't get you. What is the question? I asked.
I want to know - Is there any risk involved? Is this builder reliable? Since you know so many builders - I thought that I should ask you before booking. The lady said.
Thanks for asking! Are you married? I asked.
Yes! 20 years. I am a working mother of a college going daughter. The lady said.
Good! What will be your reply if your daughter asks you - "Mummy, a boy in my class is asking for sex - I refused - but he keeps on asking - can I have sex with him?". I asked.
No one will dare to ask. My daughter is not like that. I have raised her well. The lady said.
You are angry! Why? I asked.
My Sanskars! My daughter is well groomed. She is open & free. But not sultry. The lady said.
Sure. But what about you? I asked.
What about me? The lady asked.
Do people come to you with indecent proposals? Like - spend a night with me & I will give you a promotion! I asked.
Stop this nonsense. Talk about the builder. Not about my personal life. The lady said.
Did you ever ask yourself - How come this builder dared to ask me to book a flat which is not yet sanctioned by PMC? You know lady? Your builder's suggestion is as immoral as your daughter's classmate's invitation for sex. Your builder's proposal is as indecent as your boss's offer to spend a night with him for promotion. I said.
I don't think so. Pre booking - advance booking is a normal business practice. Of course, there is a risk. But there isn't anything wrong about it. The lady said.
Okay. Please, call Urban Development Minister, Venkaiah Naidu and request him to scrap Real Estate (Regulation and Development) Act, 2016. Tell him that there is no need to prevent the builders from accepting bookings before obtaining all necessary sanctions & approvals. Flat buyers need no protection. Flat buyers don't need RERA! I said.
1) 5 Objections Against Maharashtra RERA Rules
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