Quote:
Originally Posted by Kimmig
Then by that same logic why is the builder lobby asking the Govt for alms time and again?? Pressuring the Govt for sops, soft loans, FSI increases, industry status etc etc .. unka khoon khoon .. hamara khoon paani??
Anyways, the congi govt does not care abt middle class people .. the lower class folks are already making merry squatting on public land and then making 2 Cr a piece for a Jhopdi in BKC .. Jay ho
People are seeking intervention because homes in India have gone beyond the means of a common middle class person .. salaried or businessman alike .. that's the reality my friend .. most people cannot get a home without taking a liability of a huge EMI for 20 years .. who do we work for .. the banker? builder? or for our families?
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It is the thing about capitalism. Like Banks, like telecom players, like airlines, like stock markets, Real Estate too needs a regulator.
An agency that will set guidelines for fair practice. (e.g. selling as per carpet area, ensuring clear land title, committing to amenities, fine on missing completion date, ensuring conveyance, etc.)
I think the Govt-Builder nexus is preventing such a regulator to become a reality. We should all form a group together and lobby for such a regulator.