16-03-10
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#7
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Member
Join Date: Aug 2009
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Small builders
Those are small builders . they dare not go after big b's of the building world , afterall they do not want to close their revenue stream
like i said before unless consumers team up nothing is going to happen and consumers are and will keep on suffering at the hands of greedy brokers and builders
Quote:
Originally Posted by veeemkay
Given below are parts of an article from Mid-day... How the Builders try and fool the buyers..
MiD DAY investigated four random advertisements to find out whether their offers are really genuine or mere sham. This reporter first contacted Vihang Developers, a Thane-based company that is offering a free balcony with every flat. We discovered that the balcony is inclusive of the total area of the flat and the buyers are being charged for the balcony space.
Claimed Pratap Sarnaik, owner of Vihang Developers, "There are several builders who sell the balcony, but we are giving it for free. Apart from that, we are also providing better amenities."
Whereas M R Realtors are offering a discount of Rs 501 per sq ft for their project in Goregaon (W). Although, their price, after the offer, is close to the market rate, a marketing personnel from Parasrampuria Housing Agency that handles the marketing of the project told this reporter, "The price will be negotiated once we sit
and talk."
Meanwhile Adiraj Builders is offering a discount of Rs 200 for their Nalasopara properties and have priced the flats at the rate of Rs 2,400 sq ft. According to Vibhut Jain, a real estate broker, properties are easily available in the same area for around Rs 2,000 to Rs 2,200 per sq ft.
Also, the Sanghvi Group is offering a discount of up to Rs 3 lakh depending upon the site of the project.
However, their prices are at par with the market rate even after the discount offered. "We are offering a discount of about Rs 100 per sq ft at the Kalwa project, and a discount of Rs 200 per sq ft in Dahisar," said Shailesh Sanghvi, director of the Sanghvi Group.
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