Help! Wanted SuperNanny!!:
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| NATUR-Kautschuk-Schnuller GOLDI(http://goo.gl/PBcVt) |
On the day "Competition Commission of India (CCI)" fined DLF Rs. 630 crore, everybody realized that the property agreements are one-sided - completely in the favor of builders. With these agreements - builders brutally disregard consumer rights and indulge in 'unfair' trade practices!
In it's editorial The Economic Times cried- "To end an unequal relationship between the property buyers and builders - Indian real estate needs a regulator". A Super-Nanny - to take care of the innocent babies!
Innocent babies who have bought the builders' day dreams. Innocent babies who had ignored the disclaimer printed on the brochure and had payed for the fairy tale as if it's a legal offering. (Read More)
Related Stories:
1) FRIDAY, AUGUST 19, 2011
Why do we borrow at high interest rates and offer interest free funds to builders?
2) THURSDAY, AUGUST 18, 2011
Pune builders recover the cost of construction and get ready to increase the property prices!
3) WEDNESDAY, AUGUST 17, 2011
Buy a ready possession flat until there is no real estate regulator!
4) MONDAY, JUNE 13, 2011
Is Pune real estate market about to crash?
5) TUESDAY, JUNE 21, 2011
Property Rates in Pune Real Estate Market Going Down?
6) TUESDAY, JULY 26, 2011
Flat 40 % Off!
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ReplyDeletesach hai duniya walo, flat buyer hai anari!!
leave and license & resale ready possession flats zindabad
ReplyDeleteyour each and every word is great..thnks for the knowledge..i too have a real estate business with the name ASR property Solutions..http://www.asrproperty.com/ and http://asrproperties.blogspot.com/
ReplyDeleteA regulator is not a nanny. It stops corporations from carteling, cheating.
ReplyDeleteReal estate is a basic need (just the way food is basic need) and at the same time investment (like equity/stock market).
Imagine if government does not crack down on merchants who hoard foodgrains.
Imagine if equity market regulator does not crack down on market participant who cartel to increase/decrease price of stock.
Imagine if a regulator does not crackdown on telecom companies forming a cartel for sudden steep increase in call charges. Imagine what will happen.
I think real estate is in dire need of regulator because real estate is a need also.
Dear Ajay, what's your take on this:
ReplyDeleteAnyways, Real Estate Regulation Bill is not a solution to a problem. The Bill is not interested in eradication of slavery. The Bill is not against the root of the problem - booking a flat. The Bill only tells the builders how they should treat the slaves, the property buyers.
An Agreement to be a Slave of a Builder