it is time for common people to act. They should take a universal decision that they will not buy any land or flat to the next six month or until the land or flat price are reasonable. In india there are association to save lot of things but there is no association to save common people from being exploited by Realty mafias, govt and banks by increasing the price in a huge way. There will not be any assistant from UPA government as most of the realty companies are being the binamies of political parties. It is the time for people to act SAVE INDIA
Re: time for us to act
by vss on Nov 27, 2010 09:00 PM
well said brother..every one should about this..this is the time act now..even for buying resale flat of 30 years cost around 60-65 lacs btween Goregoan to Borivali
These greedy bank managers forget that India is a thickly populated country and depriving of its fellow citizens is the most heinous crime again humanity.Guru's have siad that "there is suffient for everyone's need, but nor for greed. Moreover, Govts are hand in glove with land mafia. Banker's pay much more attention where they make money. Securitisation act made bank branch managers a corrupted one & rich by millioniore's. under that act, bank manager simply write a letter of intimation of their dues, the same inform to political mafia, they assess the value of property if it is more than 500% immediatly they get through auction, and branch manager being well paid for sharing information. This is how than FM chidambm teach the bank officials to loot the money. banks charges are irrational. customer at mercy. no banker paid attention to the customer, this is the revolution bought by chidambaram while finance minister.
There is this bank builder nexus. Banks lending the big builders to inflate prices of homes and at the same time sucking blood of common salaried middle class. These bas_rds shou.ld be flogged in public place
Re: Mystery solved
by sasi on Nov 26, 2010 02:16 PM
obviously Indian money is into corrupt swiss bank accounts, and banks get money from abroad for laoning indians, and the merer dollar to rupee ratio makes them charge heavy intrests. To charge heavy intrests they convert 1000 $ to 4 L and try to loan for more period and to more members for profiting.
