Went to MCHI-CREDAI Property Exhibition 2012, MMRDA Grounds, Bandra Kurla Complex, Mumbai.........................................
The venue was full packed..... Lots of inquisitive eyes and Pavilion hoppers.... with a dream to 'Own House'...
I also enquired about some projects and found the rates "Jacked Up"..... How is this possible? Is this true? It is something not in tune with the sentiments prevailing in the country....
Also, Enquired at some stalls regarding the projects (of suburb areas....)
At many stalls, they talked whole things, about payment etc. etc.... but when corned and asked about the registration of the 'shortlisted flats'... they just replied... some papers etc. required to be approved from the collector's office... How can such projects are allowed to market at the exhibition??????
I feel, if our is not a BANANA REPUBLIC and rules and guidelines are stringent, then after through legal scrutiny, the Builders should be allowed to participate in such exhibitions and mechanism must be in place to address the Grievance and solve the matter QUICKLY... alas! In India, it takes Years to wipe the tears of the investors..........
No one cares about the Indian Mangoes and they also themselves, don't mind.......
That would be the day when a house becomes a shelter rather than an investment. Greedy builders, low-on-skills cheats masquerading as KAARIGARS and a govt. out to make its pound of flesh at any cost have made real estate rates what they are to day. Prices in Mumbai far exceed those in Dubai, inferior construction quality in Mumbai not withstanding. Australia and many other countries boast of houses and infrastructure of far better quality at far lower prices. The bubble will (should) burst sooner are later. As companies and labour from other countries is sure to move in to provide quality houses at far lower prices. (like Indian Markets are flooded with Chinese goods today). Sooner or later (in this free market economy) construction sector will open up - not just to foreign capital but companies and workers as well. At least let us hope so. Many Japanese are today moving into other countries for better residential accommodation - post retirement. If these countries allow Indians too to immigrate that would be another option.
Re: That would be the day!
by NIRMAL BALIA on Nov 02, 2012 10:01 AM
since builders are not able to sell the properties this is paid adv as far as ashoka is cocerned let ASHOK KATARIYA talk to me and i will prove him wrong
Re: That would be the day!
by NIRMAL BALIA on Nov 02, 2012 10:04 AM
the day till CONGRESS GOVT is THERE no chances for FALL but if 2014 congress does not get elected than it is possible
Re: That would be the day!
by Sagar Muniram on Nov 02, 2012 10:07 AM
Middle class people have been hoping to bust the bubble of real estate since last 3 -4 years, but it is not happening due to builders & Govt forced / backed banks who are providing credit to the cheat builders. I hope the times comes soon and this racket gets busted. I have seen many builders have looted the real home buyers and spend the looted money on flamboyant marriages of their family members. This must stop.
Re: Re: That would be the day!
by NIRMAL BALIA on Nov 04, 2012 09:46 PM
it will not till CONGRESS is removed from this COUNTRY for ever and all congressi sent to pak their DAUGTHER's SASURAL
Re: Re: Re: That would be the day!
by NIRMAL BALIA on Nov 04, 2012 09:47 PM
as M are CONGRESS JAMAIs and PAKI their ILLEGIMATE DAMADS like SALMANBHAI in INDIA and KASAB from PAK
Re: That would be the day!
by anuradhakumari on Nov 02, 2012 10:19 AM
Went to MCHI-CREDAI Property Exhibition 2012, MMRDA Grounds, Bandra Kurla Complex, Mumbai.........................................
The venue was full packed..... Lots of inquisitive eyes and Pavilion hoppers.... with a dream to 'Own House'...
I also enquired about some projects and found the rates "Jacked Up"..... How is this possible? Is this true? It is something not in tune with the sentiments prevailing in the country....
Also, Enquired at some stalls regarding the projects (of suburb areas....)
At many stalls, they talked whole things, about payment etc. etc.... but when corned and asked about the registration of the 'shortlisted flats'... they just replied... some papers etc. required to be approved from the collector's office... How can such projects are allowed to market at the exhibition??????
I feel, if our is not a BANANA REPUBLIC and rules and guidelines are stringent, then after through legal scrutiny, the Builders should be allowed to participate in such exhibitions and mechanism must be in place to address the Grievance and solve the matter QUICKLY... alas! In India, it takes Years to wipe the tears of the investors..........
No one cares about the Indian Mangoes and they also themselves, don't mind.......
