tag:blogger.com,1999:blog-5269558537262232516.post7357248892902634896..comments2024-03-29T17:13:11.740+05:30Comments on Ravi Karandeekar's Pune Real Estate Market News Blog: Pune Builders, Join Hands to Eradicate Corruption - Grahak Panchayat Ravi Karandeekarhttp://www.blogger.com/profile/01681035021606018101noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5269558537262232516.post-75566828765029403472015-10-15T17:33:36.454+05:302015-10-15T17:33:36.454+05:30Issue is not bribes here, issue is builders profit...Issue is not bribes here, issue is builders profits are squeezed due to poor sales. Builders are on verge on bankruptcy, some are already bankrupt like Orbit Corp of Mumbai. Bribes were there earlier, why builders didn't shout then ? Because it suited them then. Today with poor or no sales, they simply can't afford to pay bribes hence all this TAMASHA by builders.<br /><br />While scouting for flats, I know builders who boasted that don't worry even if sanctions are not there right now, it will come as we have concerned Govt dept in our pocket. Now what happened ? Pick-pocketed ? Lol.<br /><br />I believe in law of karma, what you do, comes back to you.<br /><br />What builders are facing now is due their own actions, no sympathy be expected from us, the buyers.<br /><br />And I came across really good news, in which our Ravi is also mentioned.<br /><br />Unsold units up, building permits down in Pune :<br /><br />http://timesofindia.indiatimes.com/city/pune/Unsold-units-up-building-permits-down-in-Pune/articleshow/49306673.cms<br /><br /><br />What ails Pune’s real estate market :<br /><br />For buyers like Shinde, the supposed over-inflation of the market is a major cause of holding back. Property watcher Ravi Karandeekar also said that in case of working professionals, the quality of life that is being offered in the areas, is a major reason for them to refrain from investing there.<br /><br />http://indianexpress.com/article/cities/pune/what-ails-punes-real-estate-market/<br /><br />TheMonkhttps://www.blogger.com/profile/01302024072486930340noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-60715718873511462482015-10-15T17:24:04.925+05:302015-10-15T17:24:04.925+05:30Thieves are protesting against theft !! Lol. This ...Thieves are protesting against theft !! Lol. This is like Ravan complaining about Hanuman !<br />Builders won't get even 1% sympathy from buyers, I feel bad when any animal is hurt, but builders ?? Well, excuse me.TheMonkhttps://www.blogger.com/profile/01302024072486930340noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-3279805868348256242015-10-15T17:21:12.106+05:302015-10-15T17:21:12.106+05:30Correct GipsyKing. Builders in Pune look close to ...Correct GipsyKing. Builders in Pune look close to bankruptcy given the fact the construction is not happening and projects stalled midway. Don't see labourers or material at construction site either. I had called a water proofing guy last week for some issue in dry terrace of my flat. He came with 3 people ! Asked why so many people, he said that he is now doing only private work of residential and commercial and not for builders as he has not been paid close to 4.5 Lakhs by couple of major builders in Pune.<br /><br />And like SIP ads you mentioned, CREDAI Pune is now organising yet another property fair. Lol. CREDAI should book some lawns/hotels on monthly basis :D<br /><br />Affordability, not rate cuts, to revive real estate sector -<br /><br />http://economictimes.indiatimes.com/markets/stocks/recos/affordability-not-rate-cuts-to-revive-real-estate-sector-pramod-gubbi/articleshow/49286736.cmsTheMonkhttps://www.blogger.com/profile/01302024072486930340noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-12032302847360257422015-10-14T15:16:00.885+05:302015-10-14T15:16:00.885+05:30I can understand everyone's views about the bu...I can understand everyone's views about the builders, but before deciding whats right or wrong; just mind one thing, even if hundred people supported in past a bad thing, it doesn't mean the thing is good; such is the case of corruption in real estate! There were good people & there are good people still in the real estate & to retain those good people in the business this fight is a must!<br />sanjay deshpande<br />smd156812@gmail.comsanjay deshpandehttps://www.blogger.com/profile/01145330732687829852noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-48323558273568962172015-10-14T13:26:22.656+05:302015-10-14T13:26:22.656+05:30Ye ...now thieves are protesting against thieves.....Ye ...now thieves are protesting against thieves...Agree there is corruption in corportation...but builders are no less corrupt...not delivering what they promise, cheat consumers with false promises...Anonymoushttps://www.blogger.com/profile/00514611836054569399noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-21413040850718298652015-10-14T10:15:11.196+05:302015-10-14T10:15:11.196+05:30The story of Bhasmasur created by the all mighty L...The story of Bhasmasur created by the all mighty Lord Shiva comes to the fore!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-8870360978763616992015-10-14T10:14:02.478+05:302015-10-14T10:14:02.478+05:30while the incident is indeed a tragedy, it appears...while the incident is indeed a tragedy, it appears more of the end result of self inflicted problems. In order to subvert and sabotage all rules and systems the builders engaged in propagating rampant corruption. Moreover as they shamelessly considered this a a given expense, there was their usual whooping profit margin on these ilicit expenses of bribes as well. Come to think, in each flat of say 50 lakh the bribe component is 2 lakh. So on that too builder claiming profit margin which they could effortlessly earn due to their strong cartel. <br /><br />It is very difficult for CREDAI to garner support of sympathy from Buyers. <br /><br />And imagine if farmer could strike work like the builders....! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-12596959016525918362015-10-13T16:07:53.834+05:302015-10-13T16:07:53.834+05:30i have a very strong feeling that nearly every bui...i have a very strong feeling that nearly every builder in Pune is close to bankruptcy. There has been no cash flow due to almost zero sales and reduced launches. It is times like these that call for desperate measures like property flash sales, pre launch schemes and systematic brainwashing of the masses (by using the same ploy that mutual funds use every day printing one page on how you need 34 crores to peacefully retire 40 years from now and that you should start saving in a SIP ).<br /><br />It is my humble request to all Pune buyers to not just blindly participate in these protests but to actually start refraining from purchasing properties in this volatile market.<br /><br />GipsyKinghttps://www.blogger.com/profile/13732243013268490127noreply@blogger.com