A real life experience of an IREF Buyer - Indian Real Estate Forum

gharondabhai · 06-01-12

<< This is a hypothetical case based on many experiences that I had here. NRI does not mean a real overseas NRI, anyone who is not physically present in NCR or does not have some close one to monitor for him/her is NRI in this context
This experience has great learning and hence I bothered to create this>>

I am not new to this forum, I am following this great forum for long 20 days. I read other member's post.

I am a NRI and want to buy a flat for me in NCR. I do not have time to visit India now, neither I would prefer to WASTE $2000+ for a return ticket to India for me and my wife. My wife, bcoz, she knows all these better than me.

I am amazed with the power of Internet/Google map and I do not feel my physical presence is required like old fashioned gawar people. My intelligent wife gave that wisdom to me.

This is the experience of my first post that was posted on my first day in this forum, around 20 days back. I asked a simple question to suggest me a flat in NCR. To avoid any ambiguity, my thread subject and thread content were the same and very simple "I want to buy a flat in NCR"

There were some egoistic members who instead of suggesting me something, asked me so many irrelevant questions. Some asked me GGN or Noida or Noida Ex... blah blah. How the heck it makes difference. I asked them to piss off.

There were some good members too, who suggested me excellent projects, special discounts, innovative features. Some of them was even kind enough to send me PM of good brokers that they have personally dealt with. These brokers were so nice people, they used to call me few times a day, reply my email in few minutes. I was so excited. They sent me video of the project, sent me pictures, google map and reference to some forum/groups too. I had no doubt that this is it!! My wife did lot of researches online!! She is very good at all those.

I have no one in NCR .. agent assured me he will be there always for me as it is a long lasting relationship.

I never been to NCR .. agent sent me google map

I never seen the locality .. agent once again saved me from that hassle

Bank loan .. once again agent helped me just for a little fee, I was informed that those fees are standard rate.

I never seen any of my builders past project .. agent sent me pictures and a link too.

I never heard of the builder .. again, agent assured me. Anyway, I have no idea of any builders in India, this is the first time I am planning to buy.... he he, I acted smart!!

So all well ... I booked my first flat. It was so easy. I just done this through the internet and just two call. I hope to make my money double in 2 years.

What an experience. It was so smooth.

<<<Picture abhi baki hain ... Second part of the story will be continued soon>>>

fatichar · 06-01-12

G.Bhai,

I never thought that there could be an Imaginary Real Life experience. Nicely written!

Please add 2 more things: I wired the money directly to the broker, as the last good location unit was with him, and prices were revising in 2 days

gharondabhai · 06-01-12

Quote:

Originally Posted by fatichar

G.Bhai,

I never thought that there could be an Imaginary Real Life experience. Nicely written!

Please add 2 more things: I wired the money directly to the broker, as the last good location unit was with him, and prices were revising in 2 days

Oh yes, I forgot this important fact ... there was no inventory at all as the project was so wonderful. My wife loved the project so we had to push the agent to do some favor to us.
He did lot of hard work and we were so lucky .. some fool cancelled his booking and my agent managed to snap that for me .. that too in old rate!!.. He is a great guy, he promised Credit Note to me also (I don't know what the heck that means!! but I am smart). I am so smart that I wired the money immediately so that we do not miss the bus!!

vipulmails · 06-01-12

Quote:

Originally Posted by ondabhai

Oh yes, I forgot this important fact ... there was no inventory at all as the project was so wonderful. My wife loved the project so we had to push the agent to do some favor to us.
He did lot of hard work and we were so lucky .. some fool cancelled his booking and my agent managed to snap that for me .. that too in old rate!!.. He is a great guy, he promised Credit Note to me also (I don't know what the heck that means!! but I am smart). I am so smart that I wired the money immediately so that we do not miss the bus!!

Which project you have bought in? Also make sure you get your money back against credit note.

ndmsdq · 06-01-12

dEAR wonderfull ,which project & how much money ,ihave to do the same

fatichar · 06-01-12

It seems people are taking the first post seriously

It's an imaginary experience, Guys!

StudRawk · 06-01-12

Gbhai,... !!

People should actually take this Imaginary eg and share his/her real experienced here now

Ravi_Kant · 06-01-12

After six months of booking.

I have neither received the Builder buyer agreement nor the payment receipt. Despite of several emails, my dear broker is not replying to my emails. May be, he is very busy these days.

He has also stopped taking my calls now.He might be on a holiday......

adit0083 · 06-01-12

This is the story will all the brokers as soon the deal is done they become "busy" same in mine case as well.

fritolay_ps · 06-01-12

Story after 3-4 months and after giving cheque

I have no one in NCR .. agent assured me he will be there always for me as it is a long lasting relationship…
Where the hell that guy (agent)is.. I made hundred of calls an he is still giving me lolypop

I never been to NCR .. agent sent me google map and I am still confuse… I still feel that I own property on Google map and not in real world…

I never seen the locality .. agent once again saved me from that hassle..and sold kothi in so called some posh location “khoda Colony”….i have also seen this wonder full location in Google map”

Bank loan .. once again agent helped me just for a little fee, I was informed that those fees are standard rate…but what the fish… I applied for 20 lakh loan and agent already taken 50K as commission but still loan is not yet approved.

I never seen any of my builders past project .. agent sent me pictures and a link too….after finalized the project and cheque… WAIT… I guess that was the same society picture I have seen somewhere in Singapore… Agent made me fool.

I never heard of the builder .. again, agent assured me. Anyway, I have no idea of any builders in India, this is the first time I am planning to buy.... he he, I acted smart!! And invested my money in very reputed builder in NCR.. Nitishree Builder & “PAL Group” in “Gurgaon/Fariadabd”

What an experience. It was so smooth.

06-01-12	#1
gharondabhai Veteran Member Join Date: Nov 2010 Posts: 2,270 My Mood: Thanks: 72 Thanked 274 Times in 173 Posts	A real life experience of an IREF Buyer << This is a hypothetical case based on many experiences that I had here. NRI does not mean a real overseas NRI, anyone who is not physically present in NCR or does not have some close one to monitor for him/her is NRI in this context This experience has great learning and hence I bothered to create this>> I am not new to this forum, I am following this great forum for long 20 days. I read other member's post. I am a NRI and want to buy a flat for me in NCR. I do not have time to visit India now, neither I would prefer to WASTE $2000+ for a return ticket to India for me and my wife. My wife, bcoz, she knows all these better than me. I am amazed with the power of Internet/Google map and I do not feel my physical presence is required like old fashioned gawar people. My intelligent wife gave that wisdom to me. This is the experience of my first post that was posted on my first day in this forum, around 20 days back. I asked a simple question to suggest me a flat in NCR. To avoid any ambiguity, my thread subject and thread content were the same and very simple "I want to buy a flat in NCR" There were some egoistic members who instead of suggesting me something, asked me so many irrelevant questions. Some asked me GGN or Noida or Noida Ex... blah blah. How the heck it makes difference. I asked them to piss off. There were some good members too, who suggested me excellent projects, special discounts, innovative features. Some of them was even kind enough to send me PM of good brokers that they have personally dealt with. These brokers were so nice people, they used to call me few times a day, reply my email in few minutes. I was so excited. They sent me video of the project, sent me pictures, google map and reference to some forum/groups too. I had no doubt that this is it!! My wife did lot of researches online!! She is very good at all those. I have no one in NCR .. agent assured me he will be there always for me as it is a long lasting relationship. I never been to NCR .. agent sent me google map I never seen the locality .. agent once again saved me from that hassle Bank loan .. once again agent helped me just for a little fee, I was informed that those fees are standard rate. I never seen any of my builders past project .. agent sent me pictures and a link too. I never heard of the builder .. again, agent assured me. Anyway, I have no idea of any builders in India, this is the first time I am planning to buy.... he he, I acted smart!! So all well ... I booked my first flat. It was so easy. I just done this through the internet and just two call. I hope to make my money double in 2 years. What an experience. It was so smooth. <<<Picture abhi baki hain ... Second part of the story will be continued soon>>> Last edited by IGRM; 06-01-12 at 05:05 PM.

06-01-12	#7
StudRawk Veteran Member Join Date: May 2011 Posts: 1,032 My Mood: Thanks: 0 Thanked 5 Times in 4 Posts	Gbhai,... !! People should actually take this Imaginary eg and share his/her real experienced here now __________________ “ I think people need to be educated to the fact that marijuana is not a drug. Marijuana is a flower. God put it here… ”

06-01-12	#9
adit0083 Member Join Date: Apr 2011 Posts: 397 My Mood: Thanks: 17 Thanked 24 Times in 24 Posts	This is the story will all the brokers as soon the deal is done they become "busy" same in mine case as well. __________________ Life is good.

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06-01-12	#2
fatichar Veteran Member Join Date: Oct 2011 Posts: 2,661 Thanks: 76 Thanked 372 Times in 211 Posts	G.Bhai, I never thought that there could be an Imaginary Real Life experience. Nicely written! Please add 2 more things: I wired the money directly to the broker, as the last good location unit was with him, and prices were revising in 2 days

06-01-12	#5
ndmsdq New Member Join Date: Oct 2011 Posts: 20 Thanks: 0 Thanked 0 Times in 0 Posts	dEAR wonderfull ,which project & how much money ,ihave to do the same

06-01-12	#8
Ravi_Kant Member Join Date: Jun 2011 Posts: 154 My Mood: Thanks: 4 Thanked 14 Times in 11 Posts	After six months of booking. I have neither received the Builder buyer agreement nor the payment receipt. Despite of several emails, my dear broker is not replying to my emails. May be, he is very busy these days. He has also stopped taking my calls now.He might be on a holiday......

06-01-12	#10
fritolay_ps Super Moderator Join Date: Mar 2010 Location: Latitude 28.587, Longitude 77.394 Posts: 8,555 My Mood: Thanks: 197 Thanked 671 Times in 487 Posts	Story after 3-4 months and after giving cheque I have no one in NCR .. agent assured me he will be there always for me as it is a long lasting relationship… Where the hell that guy (agent)is.. I made hundred of calls an he is still giving me lolypop I never been to NCR .. agent sent me google map and I am still confuse… I still feel that I own property on Google map and not in real world… I never seen the locality .. agent once again saved me from that hassle..and sold kothi in so called some posh location “khoda Colony”….i have also seen this wonder full location in Google map” Bank loan .. once again agent helped me just for a little fee, I was informed that those fees are standard rate…but what the fish… I applied for 20 lakh loan and agent already taken 50K as commission but still loan is not yet approved. I never seen any of my builders past project .. agent sent me pictures and a link too….after finalized the project and cheque… WAIT… I guess that was the same society picture I have seen somewhere in Singapore… Agent made me fool. I never heard of the builder .. again, agent assured me. Anyway, I have no idea of any builders in India, this is the first time I am planning to buy.... he he, I acted smart!! And invested my money in very reputed builder in NCR.. Nitishree Builder & “PAL Group” in “Gurgaon/Fariadabd” What an experience. It was so smooth.