Here in canada , if your credit rating is ok you can get the home loan for 1.50%. The entire process to sanction the loan is not more than 5 minutes. You have to visit the bank only for signing the papers.
The story of tevaniam belies the propensity of laburnum to juggle the finicky tempora. Perchance the bravado flies in the face of severe pastiche ? True, it must be deemed fit that noxious livery drapes itself over the expansive panorama of ribald revelry. Nevertheless, It behooves ourselves to don alacrity in matters of jejune cretina. It will only serve mightily to advance the demarche of frivolous iridescence over lampoons of the rescidivist warbles. Never to be left behind, votaries of peripatetic gambols suffuse the atmosphere with lingering palaver. Besides, clavicles hibernating in ponderous serendipity might emerge like a phoenix to assert the pre-eminence of travesty. It is in this situation that I would like to ask why we are doing this to ourselves ?
This is complete government failure. Because of black marketting and land mafia prices reached sky rocketting. No government has proper control on that. Land is this country property not any individual.so much of differentiation that one person is owning of land and other is not a single inch. How government can allow to run such mafia things. There has to be some way to control this black marketting and control on prices. All balck money is freely rotating in the market and gov is the one who pass all registrations but not doing any control. There is the biggest flaw of state and central gov. They are not thinking for it's own people. Situation is so worse that lots lots of agriculture land also converted to commercial without any proper measure. They way new unplanned layouts are coming is wasting full natural resources like land. How can our officials can sleep and not introduce right strategies to control & plan the things. If they are incapable why they should go and do other job, we don't need such kind of imcopetant people.
we are giving the original copy of registration flat to bank for providing the loan this is the full asset which we give them for the purpose of loan and this bank demand so many paper work where it took to 2 to 3 month sometime it took 6 month we are paying them double in the way of interest if we fail to pay they have the assest of orginal copy they can do any thing with that copy then why they required so many paper work for home loan? why this bank behave like this for that we are giving them the assest ....
The fact of the matter is that an average Indian really cannot afford a reasonable flat any more. Any flat within India should not cost anything between Rs 1,200 to Rs 1,800 per square feet, which includes the procurred land on which a building is built, be it three storeyed or thirty. The huge difference is because the middle men, namely polititians, underworld, the refugees who came from Pakistan and now fleecing fellow Indians are playing a roost here. What kind of a life is it when you sell yourself for twenty plus years to live in a wretched flat? Its slavery of the 21st century. Few do get happier with time while the majority find the same flats they bought twenty years back a bane as ther sons, daughters, in laws etc wait for him to die and will his property to them. Its a SHAM of humanity. No sane, hard working Indian can really own a flat in the city without having some corrupt activity. Any takers?
Re: The fact of the matter is...
by raj dhillon on Aug 13, 2010 11:42 AM
You are absolutely spot on. Unfortunately, besides the coterie of grabbers you mentioned, our own folks get carried away by the escalation in property prices and treat their abode as an investment. Calculations in lakhs are made as to what their property would be worth a few years down the line. They gloat over their capital gains often in nominal terms. This mind set should change and a home must stand for a part of you, never to be parted with or used as collateral other than in dire circumstances; just like the family jewels which in fact it is. All laws favoring squatters, tenants and other likely free-loaders must be reviewed and brought within the bounds of natural justice. Long term plans to raise the FSI and bring DPs in line with cities world-wide must be legislated while up-grading the infrastructure at the same time.Strict checks & balances must be put in place to discourage speculators. The prices are insane and one wonders when the bubble will form, if not already.
Re: The fact of the matter is...
by Argumentative Indian on Aug 13, 2010 11:41 AM
All takers. All honest, hardworking law abiding Indians would agree with you, 100%.
Re: Re: The fact of the matter is...
by ravi on Aug 14, 2010 02:27 PM
very tru. but where r the honest hardworking law abiding indians. very few my dear very few.
Re: Re: The fact of the matter is...
by Suresh Tenvillage on Aug 13, 2010 01:49 PM
Can anybody initiate an association of honest citizens thru media at least which can take on corruption, lawlessness and inject fighting spirit of ordinary people.
Re: Re: Re: The fact of the matter is...
by ravi on Aug 14, 2010 02:31 PM
if u target a person for corruption. it is like all corrupt join together and blame that person. eg. cwg
Re: Re: Re: Re: The fact of the matter is...
by ganajivenmanraj seven on Aug 14, 2010 09:32 PM
Thanks friends. I am with you on all counts. A three storeyed building being built in Karnataka by six of us will cost totally 3.6 crores for six flats measuring 3200 each, this includes stilt parking and a small community hall for our use. Using the best of material that money can buy, the cost does not go beyong 2000 per sq ft. Thats how it should be. Mind you the land is in prime area.
