Monday, July 18, 2011

Era LAndmarks Latest offerings in gurgaon or not

The Latest Messages of several Property Brokers for Latest Launch of Era Landmarks Residential Projects in Gurgaon for Sector-103 and sector-85 are no where on the site of the company itself. Take cue from the fact that the company itself is not saying that they are launching these new residential projects. while the dealers are sms'ing to public at large to buy flats/ apartments in these projects at lucrative rates.
Beware of these acts of Brokers who sell to innocent people something that is not even acknowledged by the parent company. The company is not soliciting sales, its just the brokers who are...with time tested tricks like...RATES RIVISING SOON....these brokers trying to fool people of their hard earned money.
Please check the web site of the company....eragroup.co.in and you will see that the company is not talking of any launch of residential projects in these sectors. Yes, there is a claim of  Skyville crest, Sohna road, Sector-68, Gurgaon. Though the company has made out a compelling graphic description of the project but is silent on the acreage of the project, on its website.
Please check before you get trapped by vicious tricks of these unscrupulous property brokers, as by law its mandatory for the company launching any of its projects to get license of the same from the DTCP. As you would be putting in your hard earned money for your dream house, please check if the license is already obtained by the company and its the duty of the broker to give you a copy of the same. The state authorities have made it mandatory for every builder to print the license number on the advertisement of any project that it wishes to sell to public at large. Please get all information on the project from the brokers and simultaneously from the authorities regarding the authentic parameters of the residential project you are buying into. Take great care before you commit yourself, as it becomes a pain later on when you find out facts, which reveal that the brokers have blatantly cheated you and now you are at the mercy of the builder. Takecare and exercise caution. Thanks.

Wednesday, July 13, 2011

mumbai hit again

Three blasts reported from different parts of Mumbai - Dadar, Prasad Chambers in Opera House and Zaveri Bazaar.
its most unfortunate, what is the need for these people to target the common people, everytime there are such blasts there are many people who get killed for no fault of theirs...when will we able to handle our internal security, How many lives we will lose more before the administration, police would wake up to the fact that the lives have meaning, they have to be preserved. We have to stand up again from the ashes like the pheonix....re-heal, rebuild - trust, faith, peace and belief. To this effect we have been a civilization that has risen everytime we have been attacked...we have countered all adversity with a special courage.
Its disturbing to see dead bodies scattered along the roads, human life so selfishly taken away for personal agenda's...but how can we stop this...as this does not lead us anywhere...we have to put ourselves accountable for everything that happens in our vicinity, we all have to take responsibility that no one can ever repeat this act of cowardice..we all have be bull hounds, tracing everything ....everything that we find wrong anywhere...and report it so that our people can have lives of dignity and respect.
we have to maintain peace as the situation demands, but we should also book the perperators of such hineous crime and bring them to justice so that no one else does ever tries to commit such an act again..forever.

Tuesday, July 12, 2011

Entitled to full refund

The Supreme Court yesterday, finally took view of the sorry state in which the home buyers in Noida Extn were pushed after its verdict of returning the land back to the farmer.
Has said now, that the builders should return the amount deposited by home buyers with interest. but amazingly has been silent as to what should be rate of inerest and within what time frame does the court feel the same should be paid back to the home buyer. what would be a justifiable time frame and justified rate of interest....no mention.
The builders have started telling buyers (orally) that they would refund within a weeks time...But will they...the builders would first try to negotiate the home buyers to shift to other project and would definately bring in the clauses in the agreement to forth for such negotiation to come through...I do not see builders refunding money so easily...but I have been a long time fool...proven without fault ...many a times.
Now, our dear farmers, have had a meeting recently and are grouping to re-negotiate the land prices with the Noida authority...have emphatically said that their younger generation does not want to go back to farming and if we get 80% of the market value we will be happy to sell our land back...Now, this fact twists everything again in favour of the builder and authorities....see how..
The builder will tell customers....do not worry we are re-negotiating with the farmer...the project could be a little delayed but would definately come on this site only...after all we are a trusted company and we would never let your investment fail...
The authorities, will play around with farmers and flirt with the builders...would definately get more than 80% land back after shelling out a higher compensation to the farmers...this effort would definately take some time...giving the builders chance to breathe easy and the home buyers more perplexed with what to do in the interim...finally till we have effective and efficient association of the home buyers...we will always be on the losing side.

Homebuyers in doldrum

Dear All,
The Supreme Court of India, in its recent judgement nailed the home buyers completely. Returning the land to the farmers was Infact a good thing, but at the same time why did it not pass strict orders to the builders to return the money of all the home buyers in their projects within 30 days.
The builders and the authorities who are behind this mess always get away with no punishment. The Noida Extn land if was acquired by the authorities where 75% farmers had not taken compensation from Noida authority than how could it put it for sale to the builders. The builders who have said categorically that since there was dispute on this land "did no actual construction work on this land", than why did they promise home buyers possession within 36 months and also how could they take multiple installments. The banks who are suppose to grant loan after due diligence...what have they done....all the three have together cheated a common citizen of India...and all are hiding behind the contracts that they make all buyers sign....which are anti-competition and are absolutely one sided.
Similar situation is now developing in the neharpar area of faridabad. The DTCP in its master plan of 1997 had declared 15 new sectors in greater faridabad. the fact is that from 2006 the builders started selling flats/villas/plots/shops/independent floors etc and soon would be starting to give possession...as I write this aprox 50 families have also moved into different project... even after 14yrs and 5 yrs after accepting enormous amount as EDC from all home buyers which runs into thousand of crore...there has been no development work in this area...the very fact that the DPR of the area has still not been prepared...there are no roads except for the village roads....there is no sewerage system....no waste water drainage system....no fresh water connection...no electricity from the electric board...no post office...police station...nothing....there is absolutely nothing for 50,000 home buyer in this area who would be shifting into their homes within couple of years...but is anyone Listening....no...not even the home buyers....we need to have our own association...big enough for our voice to be heard.