Friday, September 13, 2013

Fraud by Era Landmarks; EXPOSED

ZEE BUSINESS exposes the malpractices of Colonizers, who promise dream homes with lots of amenities and facilities which the Colonizers never fulfill but charge the home buyers for them. Today, Indian Real Estate landscape is full of such crony capitalists who have turned builders to gain exponentially by short charging the Home Buyers in the name of dream homes with hyped facilities. It is convenient for such unscrupulous Builders as the law is very slow in catching up with their frauds and to punitively punish them, thereby giving them ample opportunity to swindle lakhs of home buyers.
Here is the link of the episode which is being aired by Zee Business on their weekly programme, " Property Plus". It will be aired again at 6 PM today (Saturday) and it would be repeated through out the day on Sunday (check Channel for timings) ...

Try and watch it to understand the how different builders adopt different malpractices and unfair trade practices to dupe home buyers in India.. Take care!!

7 comments:

  1. Navin Raheja Of Raheja builder a member of NAREDCO told that if such complaint reaches NAREDCO they will help buyers.
    Housing development Minister said that Buyers should show caution before buying and if cheated should approach the present legal system, although they will try their best to pass the real Estate Regulatory bill.

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    1. Sorry to say but builders of the stature of Raheja DLF unitech BPTP all buy out the Judges and other machinery. It is very very difficult to get justice in India. Housing Minister also sitting there in his chmaber is providing lip service. Builders have designed their Buyers Agreements so deceitfully knitted that once you enter it by booking a property then there is no escape from their spider web. It is really a mockery of the system with builders mocking on innocent people & saying "is janam mein to tum kutch nahi kar paoge aur agla janam kisne dekha hai"

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    2. Sorry to say but builders of the stature of Raheja DLF unitech BPTP all buy out the Judges and other machinery. It is very very difficult to get justice in India. Housing Minister also sitting there in his chmaber is providing lip service. Builders have designed their Buyers Agreements so deceitfully knitted that once you enter it by booking a property then there is no escape from their spider web. It is really a mockery of the system with builders mocking on innocent people & saying "is janam mein to tum kutch nahi kar paoge aur agla janam kisne dekha hai"

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  2. National Real Estate Development Council
    First Floor, 8 Community Centre,
    East of Kailash,
    New Delhi - 110065

    Phone:+91-11-26225795, +91-11-41608570
    Fax:+91-11-26225796
    Email:naredco@naredco.in

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  3. These practices the Real estate regulator would also not be in position to control untill certain powers are vested with the regulator, like at the time of MRTP commission plus its high time that punitive action is also brought under the scope of compensation, these builders would be happy to cheat crores from one project and pay 9% penalty to one buyer who invokes the regulator. Take care

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  4. http://www.youtube.com/watch?v=F16KkQhyAZU&feature=youtu.be another video of Zee Buisness, We should be thankful to Them for support.

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    Replies
    1. Kindly mail this link on mail as here it is not working.. Thanks

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