Hi Lalit,
A probable answer lies in the fact that if the government had controlled that the money raised for a project should used to build that project, it would have closed an easy way that the real estate companies have of raising money. This would have eventually directed to real estate prices coming down. And any failure in real estate prices would have hurt people in politics who run this country, given that their ill-gotten money is put in real estate.
Hi all,
Please do not buy property from manhidra and mahindra builder they are liers. there residential project bloomdale is failure they have cheated 650 flat owners. there project is delayed by several months.they bribe the banks for loan approval, land dispute case is going on against them.complete harassment by mahindra and mahindra in almost all projects in india. now i heard 650 flat owners association is filing a case against them in mh consumer forum.
1st May 2015
Hi all,
I think you have made a lot of discussion on Real estate bill but my question to you all that why real estate Ponzi scheme will continue despite new Real Estate Bill?
Hi all,
Please do not buy property from manhidra and mahindra builder they are liers. there residential project bloomdale is failure they have cheated 650 flat owners. there project is delayed by several months.they bribe the banks for loan approval, land dispute case is going on against them.complete harassment by mahindra and mahindra in almost all projects in india. now i heard 650 flat owners association is filing a case against them in mh consumer forum.
1st May 2015
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