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Runwal MyCity flat-buyers are very angry about the shortage or lack of water, adequate drainage, clubhouse and other common amenities. They allege that property tax dues were not paid by the builder although the amounts had been collected from the flat-buyers. PUBLISHED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #realestate #runwalmycity #runwalgroup #runwalmycity #propertyinvestment #underconstruction
Runwal MyCity flat-buyers are talking in detail about the inadequate drainage or sewage, improper management of their funds collected towards property tax dues, and other grievances for which they are seeking redressal. PUBLISHED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #realestate #runwalmycity #runwalgroup #runwalmycity #propertyinvestment #underconstruction
The residents of Lodha New Cuffe Parade, particularly Tower Dioro, are feeling cheated by Lodha. They feel that the greenery and open spaces promised to them have been taken away from them and sold, and their safety is being compromised by the excavation and construction work of the basement near their tower. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #lodha #LodhaNCP #realestate #underconstruction #hazard #dangerous #cheating
At the Aaj Tak conclave in 2015, my question to Raj Thackeray was, why don't you take on the builders who commit economic offences and inflict misery on the common Marathi manoos? Especially land grabbing by redevelopment builders? And why don't you take on the corrupt that happens in the cooperation department? Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com But he evaded the point and went on his own trip about Nashik municipal corporation 😐
Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #midlifecrisis #lifestyle #businessowner #career #careeradvice #adolescent #career #midlifecoach
This video refers to an actual case study where a flat-buyer is stuck after buying a Lodha flat and partially paying for the flat, and for the home loan. Having already paid Rs 5 lakh to Lodha and also paid EMIs totalling Rs 23 lakhs, he hit a financial crisis that drastically reduced his paying power, rendering him unable to bear the burden of the flat. #realestate #lodhagroup #mangalprabhatlodha #lodha #realestate #property #propertyinvestment #investing #LBSMarg #msme #underconstruction #Mumbai Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
This is a video taken on Krishnaraj Rao's mobile at Lodha New Cuffe Parade by a Mirror Now reporter and videographer yesterday morning. It was filmed at the residence of Shilpi Thard at 31st floor of Dioro Tower. It was intended to be telecast at around 3 pm yesterday. But soon afterwards, the channel decided to postpone the story indefinitely. "We may publish this on Monday evening", they said. Later in the afternoon on Friday, our lawyers informed us that Notice of Motion for Rs 100 crore defamation had been filed by Lodha in High Court, and therefore, we may be gagged by the court on Monday. So we asked Mirror Now whether they would air this on Saturday or Sunday, so that we would not be in contempt of court orders if such orders came on Monday. But Mumbai Mirror kept avoiding us. They said they would revert to us by 1 pm, and didn't revert. Now they said they would not mind us publishing the video, but without the Mirror Now logo. We told them we would try, but only if Youtube editor allowed us to do so. Turns out that this was not possible. So, here is the video in its uncut glory. #realestate #construction #viral #viralvideo #LodhaNCP #Lodha #ComeHomeToTheBest We can only speculate on the reasons for Mirror Now putting the story on ice. We don't appreciate being used as a bargaining counter. Mumbai Mirror said that they were wondering about our dubious motives for being in a hurry to go to town with this video. The public is free to speculate on both our motives. You all can judge Lodha Developers, judge Mirror Now, and judge us. (And by the way, this video has gone viral, no thanks to Mumbai Mirror!) Feel free to respond in the comments. - Video contents - 0:00 The wall puncher throws a casual punch at the wall of Lodha NCP Dioro 0:38 Tearing apart the gypsum board wall of Lodha New Cuffe Parade 1:35 Punching a hole through to another room of Macrotech NCP 2:05 Look at my Seven Star Luxury Home at New Cuffe Parade, says Shilpi Thard 2:40 This is my home made of cardboard pieces, says Shilpi ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 98215 88114 and 81694 71229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
Rakhi Bannerjee and her husband are in a bad shape, financially and health-wise. They want their money back. Having paid Rs 6.08 lakhs to Lodha towards booking LODHA AMARA W45 flat no. 2701, they are now warning future customers not to book this flat until and unless Lodha gives a full refund. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #lodhaamara #flats #refund
Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #realestate #refund #token #booking #investing #underconstruction #underconstructionflats #cancellation #flats #flatsale #runwalmycity #runwalgroup #runwalgardensdombivli #runwal #runwalgardens #lodhagroup #lodhaamara #lodha #godrejproperties #godrejproperty #godrejupcomingproject #kalpataru
Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
#Adhiraj #Kharghar #samyama #underconstruction #realestate #investing #property #propertyinvestment #realty #navimumbai #kharghar Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
This viral video was shot by Krishnaraj Rao at one of the flats belonging to Shilpi Thard and Amit Jaisingh, at Dioro tower of Lodha New Cuffe Parade, Wadala, Mumbai. Even external walls adjoining main doors of many flats in Lodha NCP are made of gypsum board. This makes the flat vulnerable to thieves, who can easily use the sewage duct near the main door to break into the house. Most of the internal walls of Lodha NCP are made of gypsum board. #LodhaNCP #Lodha #NewCuffeParade The walls of Lodha New Cuffe Parade are also extremely vulnerable to water seepage from the floor and ceiling, as there is wet sand under the floor tiles of every house. Video Contents 0:00 Shilpi Thard is the proud owner of two flats at Dioro, Lodha New Cuffe Parade, Wadala 1:00 Sewage drainpipes at the front door in Lodha NCP 2:10 Gypsum board walls near front door make your Lod NCP flat easy to break into for burglars 3:00 Wet sand under the floors of flats at Lodha New Cuffe Parade 4:00 Wet sand will rot the gypsum board walls 5:55 Very little RCC, entire rooms are made of gypsum board 6:28 External wall is very thin RCC ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 AND 8169471229 krish.kkphoto🤍gmail.com
One fine morning in January 2019, when many of us including some Lodha NCP flat-owners were holding a meeting in Shilpi Thard's flat at Dioro, Lodha's security and bouncers rang the bell and asked us to leave the premises. We politely but firmly refused to leave the premises, as we were there at the invitation of homeowner Shilpi Thard. This incident shows that the security guards of Lodha projects are working for safeguarding Lodha's interests, rather than the home-owners'. - Video Contents - 0:00 Security guards of Lodha New Cuffe Parade ask us to leave from her flat 1:00 I reason with the security personnel of Lodha NCP about the owner's right over her own flat AFTER she has taken possession 2:34 We call and confirm with the owner of the Lodha NCP flat that she wants us to be there in her flat 3:41 Security guards of Lodha Developers say they cannot talk to the flat owner owner on phone 4:35 Lodha Security guys go blank, they don't have any answers when faced with basic questions of flat-owners' rights 5:30 We ask Lodha's guys whether they should be called Security or Bouncers whether they are safeguarding residents or enforcing Lodha's will on the residents 6:00 Lodha NCP flat owners start asking tough questions about why they are not allowed to enter the premises although they have paid crores of rupees most of the consideration value! ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com #LodhaNCP #Lodha #NewCuffeParade
Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #burnout #workhours #workingconditions #advice #business #stressrelief #stress #premature #retirement #homeloaneligibility #realestate #investing #repossession #emi #loan #debt #debtfree #Banking #Insurance #annuities
Channel partners, the sales team of builders and other marketers of real estate always ask the same question to potential flat-buyers: "Sir, are you buying this flat for own-use or investment?" This is a wrong question. It is a wrong framing of the issues. The fact is, buying a flat can never be an investment. Especially buying an under-construction flat. It is not an investment because normal flat-buyers can never make money by buying under-construction properties. It is simply not possible. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
#financialliteracy #money #realestate #underconstruction #underconstructionflats #financialeducation #booking #token #refund ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
#judiciary #civilcourt #runwalmycity Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
NRI Sipra Thomas booked a flat in Casa Florea in Lodha Palava City Downtown, at Rs 63 lakhs and found that better flats at Palava City Lake Shore are available for as little as Rs 42 lakhs. "Don't ever buy property from Lodha's sales team and Square Yards, you will lose a lot of money," she warns. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 Krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #lodhapalavacity #squareyards #badreviews #realestate #realestateinvesting #dubai #nri #construction #finance
A salaried employee who purchased a flat at Lodha Upper Thane - Casa Greenville - talks about the heavy price he has paid for the misjudgement induced by Lodha's sales office, and their refusal to take no for an answer. After taking a home loan from HDFC, he found himself caught in a vice-like grip that is sapping away his family's life and peace of mind. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #lodhagroup #lodhaupperthane #realestate #investing #investment #financialadvice #property #flats #salesforce
#realestate #property #propertyinvestment #investing #underconstruction #realty #estateagent #estateagency #lodha #godrejproperties #runwalgroup #villaproject #villaplots Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
Jai Ho Movie scene with Danny Denzongpa as a politician
House of Abhinandan Lodha has promoted a villa plot project called Foothills of Matheran, which is registered on MahaRERA by that name. The project is also being marketed as Celebration Land. Villa plots upwards of 1000 to 1200 square feet are being marketed at prices upwards of Rs 20 lakhs. The project websites make extravagant promises of appreciation to attract investors, and they also promise extraordinary recreation facilities such as swimming pool and clubhouse. However, a plain reading of the proforma agreement uploaded on MahaRERA website reveals that all is not well, and that investment in "Foothills of Matheran" can prove extremely treacherous. Hidden within the clauses of the agreement are dangers that plot buyers may never anticipate. The public is warned to stay away from such projects, where the builder, his employees and his associates are enabled by legal loopholes to misinform and deceive the buying public. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
Edrea Dcosta, a citizen of UK residing in London, speaks about how she bought a flat in Wadala New Cuffe Parade guided by the Lodha brand. She talks about her experience with gypsum board walls, which don't support shelves. (This video was recorded by Mirror Now on my mobile, and reportedly scheduled to be telecast at 3 pm Friday. Later on, however, the story was put on hold indefinitely, for reasons best known to the staff & management of Mirror Now. And so, we have released the video after informing the channel.) Video Contents - 0:00 Intro 1:30 There was no "Wow" factor in Lodha NCP flat, says UK citizen 2:30 Lodha is delivering a low-class product at Lodha NCP, says flat-buyer to Mirror Now reporter 3:05 Why is Lodha, who built Trump Tower, delivering such low quality at Lodha New Cuffe Parade, she asks ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com #lodhagroup #mirrornow #realestate #badreviews #nri #uk #indian #construction #cheating
Case study of how one family of builders destroyed the lives of at least 12,000 people in India and abroad. How the gullible public was made a chutia and exploited repeatedly, multiple times, and collected money again and again, even after the public came to know that they were being cheated. This is NOT the speciality of only one builder family. Many builders have employed this modus operandi to make fools of Indian flat-buyers. Video contents 0:00 How some builders are making fools of flat-buyers by taking their money without giving them any benefits whatsoever 3:00 How one family of builders fooled flat-buyers or investors again and again, repeatedly 5:00 Allotment letters of the flats shows the modus operandi 7:00 Allotment letter promised flat-buyers very high rates of interest such as 15%, 18% and 24% per annum 8:20 Incentives were offered for paying more money towards flat-booking up front, starting a frenzy 10:30 How builders once again cheat flat-buyers or investors who had already been cheated once 12:30 Builders made flat-buyers sign cancellation deed and gave post dated cheques 13:20 Builders started bouncing the cheques 14:20 Builders started issuing letters promising payment RTGS 16:10 How Builders start getting more money from the investors by transferring the funds to another builder's flats 18:20 Details about how the flat transfer scam works you get trapped by two builders instead of one 23:50 People believe the builder is always right 24:30 Builder makes WhatsApp groups of cheated flat-buyers, and association too 25:50 How builder gets criminal charges and FIRs withdrawn by getting his victims to file civil cases and then civil consent terms 29:00 Why builders are happy if victims associations are formed, because only office-bearers have to be managed 30:00 Why WhatsApp groups and associations of builder-victims enables builder to manage and manipulate them 30:40 Terming flat-buyers as investors is a method of cheating people, because it can be used to deny protection of consumer court 36:15 When builders call their victims for a meeting, they are preparing to cheat them once again 38:00 How completely failed builders extract lakhs of rupees from their victims ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
#underconstruction #banking #homeloans #projectloan #property #propertyinvestment #lodhagroup #godrejproperties #runwalgroup #runwal #godrejupcomingproject #realestate #scam Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
Godrej Horizon Phase-1, Wadala, is a failed redevelopment project a real estate project that originally belonged to RNA Builders (Anil Agarwal group). It has dragged on for about 20 years, and has a lot of historical baggage of bad feelings and litigation between the earlier builders and the two redevelopment societies, namely Shree Azad Nagar Cooperative Housing Society Ltd, and Om Azad Nagar Cooperative Housing Society Ltd (Slum). Godrej Properties claims that there is no litigation in this project. The fact of the matter however is that there is a lot of litigation, including two writ petitions. Location-wise also, there are major issues. Avoid! ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
Acharya Sanat Thakur gives advice to estate agents and property sellers about how to sell property by employing 5 psychological tricks. This advice is also useful to flat-buyers for understanding what tricks to safeguard against. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai "Everything You Ever Wanted To Know About Increasing Your Transaction | How To Stop Losing Leads?" Video link: 🤍 Sanat Thakur's channel link: 🤍 #AcharyaSanatThakur #EstateAgents #realestate #consumerbehaviour #consumerempowerment #buyers #legalliteracy #lifehacks #lifeadvice #investing
ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #relationships #marriage #feminism #philosophy #money #family #psychology #lifeadvice
Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #Corporate #predator #exploitation #employees #realestate #flatforsale #underconstruction #philosophy #investing #modernlife #lifeadvice
A resident of Lodha Palava City describes the law-and-order situation in the building cluster where he lives. He talks about an environment of threats, goondagiri and violence. Palava City Management Association (PCMA) is not doing much to maintain the peace in this township project, he reports. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai Video Contents 0:00 Intro 2:30 Conflict of interest about chairman being service provider in Palava City cluster 4:00 Why service providers were served termination notice 5:10 Provisional committee members beater, held hostage in society office in Palava City cluster 7:05 Special General Body meeting to unilaterally select managing committee and office bearers 8:00 Chairman in multiple clusters in Lodha Palava City 8:50 Role of PCMA Palava City Management Association 11:45 Fear of muscle power widespread in Palava City cluster 13:15 Raw financial power and muscle power spreads in Palava City cluster 17:00 Legal remedies, Lodha Developer's role and situation in Casa Rio BACKGROUND VIDEO CREDITS: Video by Mikhail Nilov from Pexels 🤍 Video by Mikhail Nilov from Pexels 🤍 Video by Mikhail Nilov from Pexels 🤍 Video by Engin Akyurt from Pexels 🤍 Video by Felipe Parucker from Pexels 🤍
Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #earlyretirement #slavery #employment #workhours #workingconditions #tradeunion #tradeunionstrike
Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #honeytrap #seduction #psychology
Krishnaraj Rao 98215 88114 and 81694 71229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #underconstruction #rera #realestate #builder #legalliteracy #investing #flatsale #reraregistered #reraapproved #dangerous #personalfinance #financialrisk
Akshay Kumar's celebrity power seeks to pull an elegant curtain over the squalid reality of flats at Lodha World Towers and Lodha New Cuffe Parade. Lest we forget, here is a quick reminder of what the residents of these prestigious Lodha projects experienced in 2019. - Video Contents 0:00 Intro - Akshay Kumar advertisement for Lodha Developer 0:09 Loose sand under the tiles of the lobby of 60th floor of World One, showing poor build quality 0:33 Staircase of Lodha World One, made of poor quality tiles and underneath them, crumbly sandy cement 1:30 Balcony of Lodha New Cuffe Parade Balcony is really the chajja of the building with drainpipes running alongside them 1:56 Security staff stops guests of flat-owner, they have no answers for why they are doing so. 2:44 Stairs of Lodha New Cuffe Parade going to parking basement from ground level. Crumbly, sandy cement 3:23 Front door of flats in Lodha NCP, with drainpipes and gypsum board walls near door 4:48 Wet sand under the floor of Lodha NCP, damages the dry wall causing moss growth 6:30 Lodha NCP security staff in confrontation with flat-owners who are showing the poor build quality 6:53 Punching through Lodha NCP's weak walls, ripping apart the gypsum board wall ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Mumbai
This video shows MSME owner Suhas Chavan complaining to Mumbai Police against Lodha builders, spearheaded by Mangal Prabhat Lodha, Maharashtra cabinet minister and guardian minister of Mumbai Suburban District. The electricity connection and pipeline of a borewell pump supplying water to five MSME units was abruptly cut off without notice, said Suhas Chavan to Mumbai Police, urging them to protect him from the dirty tactics of Lodha builders Lodha Evergreen is an upcoming SRA project at Harichand Textile Mills Compound at LBS Marg, near Godrej Petrol Pump, Vikhroli. This video explains what is happening to the industrial estate workshops in the backyard of Lodha Evergreen. Another proposed Lodha project called Lodha Rare Fortune a commercial spaces project is to be developed on this plot of land. It is also talking about the tactics used by Lodha builders #LodhaEvergreen #mangalprabhatlodha #LodhaRareFortune #realestate #SRA #Vikhroli #Mumbai #lodhagroup #lodha #realestate #property #propertyinvestment #investing #LBSMarg #msme #underconstruction Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
Prime Minister Narendra Modi is clearly trying to turn into a religious political figure, a god-king, throwing democracy to the winds. Our elected political leaders are destroying India's communal harmony with their aggressive right-wing views and trying to force all Indians to bow to Bharat Mata, Maa Ganga and such other Hindu deities, and say Jai Shri Ram. Our elected representatives are aggressively promoting an anti-scientific and jingoistic Hindu attitude. They are distorting India's political destiny, and poisoning the wellsprings of political discussion. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #hindutva #rightwingpolitics #narendramodi #modi #politics #indian #lordrama #ramayana
We were obstructed from going around the parking basement. It seems Lodha management thinks it can decide the rights of residents like Shilpi Thard, who owns two flats in Dioro worth Rs 6 crore. Has Lodha management declared the rules for residents? They are in Lodha's kingdom, and so they must live within the boundaries of Lodha's unwritten rules. Lodha's subjects have very limited right over the common areas like parking basements, it seems. Video Contents - 0:00 Is this Lodha NCP security for Lodha builder or for flat-owners? 0:40 Security says Lodha New Cuffe Parade flat-owners and their friends are not allowed to shoot videos 1:15 Whose permission has to be sought and why, we ask Lodha NCP security? #LodhaNCP #Lodha #ComeHomeToTheBest ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com
HUSAIN COCHINWALA talks about how booking a flat at Runwal Gardens has left him poorer by Rs 6 lakh. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai Background video credits = Video by Kelly L from Pexels 🤍 Video by Kelly L from Pexels 🤍 Video by INNORECORDS PhotoVideos from Pexels 🤍 Video by German Korb from Pexels 🤍
It is important for flat owners to clearly understand their relationship with cooperative housing society i.e. with the managing committee and general body, and with the builder who proposes to redevelop their building. The flat owners have absolutely no standing in the eyes of judiciary; the cooperative housing society collectively has all the legal authority over the building and the land, and it willingly hands over its entire authority to the builder. After that, the society more-or-less dissolves itself i.e. it no long exists in any practical sense. So there is no one left to resist the builder if he does not honour his contractual agreement with the cooperative housing society. When the society is re-constituted after redevelopment, it is at the will and pleasure of the builder. The original society, which handed over the old building for redevelopment, is often no longer in existence, because many new members have joined it i.e. flat-buyers and new owners. The builder can give the society an honest deal by purchasing the underlying land outright and giving every flat-owner the full value of the land. The difficulty with redevelopment is that instead of doing that, the builder invariably wants to take over the land by clearing the building society members. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai
The under-construction building industry is grievously injuring the common man. How can it be legal? How can you regulate an industry that is intrinsically immoral, unethical and illegal? Considering the number of people who are economically wounded by the under-construction property marketing malpractices being currently followed in India, it is surprising that it has not been altogether banned. The widespread practice of selling under-construction property is a lot like making bonded labourers. It is a really modern form of economic enslavement, wherein a person is treated like a DEBTOR even though he is really like a creditor to the builder. The HEAVY PENALTIES FOR NOT PAYING THE BUILDER THE DEMANDED AMOUNTS IN TIME is a lot like what you would expect if a person were a debtor. This practice just drags the flat-buyer and his family deeper into a cycle of economic distress and depression. ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 krish.kkphoto🤍gmail.com Twitter 🤍BravePedestrian Mumbai #realestate #realestateinvesting #cheated #finance #financialliteracy #financialeducation #financialfreedom #underconstruction #marketing #riskmanagement #lifeadvice #advice #whatif
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