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An Eye Opener For All Investors

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An Eye Opener For All Investors

Last updated: September 10 2010
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  • An Eye Opener For All Investors

    http://www.jagoinvestor.com/2010/09/...al-estate.html


    look at this link -from pune thread -very interesting and eye -opener
    Last edited September 10 2010, 02:14 PM. Reason: error
  • #2

    #2

    Re : An Eye Opener For All Investors

    https://www.indianrealestateforum.co...estate?t=13307


    try this link

    Comment

    • #3

      #3

      Re : An Eye Opener For All Investors

      UniworldCity - Unitech Ltd

      UniworldCity - Unitech Ltd </SPAN>
      .
      Very sad news for us. Construction quality is very bad and reservations that other builders are same (No difference).

      Do we have any legal protection from government?

      Comment

      • #4

        #4

        Re : An Eye Opener For All Investors

        here is another one....

        http://www.youtube.com/watch?v=oMwceo7nVLY

        I heard many stories about DLF too

        about express greens manesar, for which they had return back money to some buyers. even today you dont see any significant development in express greens.

        even I was getting a option for 1760 sq ft 3bhk flat there for 55 L (all inclusive) but that was with about 5-6 L premium. and in case anything goes wrong with project there is way to get back premium.

        DLF originally had 19 floors for belaire project (near genpact) and now they have added more floors and selling new units 2.2 cr onwards. this delayed possession for earlier buyers and many of them are still paying heavy interest on loans. DLF did same in one more project were they added more towers floor units.(dont remember that project name)

        another story about COSMOS palam. they build more floors than approved. now there is a stay order from court on possession, builder got all money from buyers and is least interested in case.

        so what do we do ?

        what dont we have a body like TRAI (telecom) or IRDA (insurance) ?

        Comment

        • #5

          #5

          Re : An Eye Opener For All Investors

          people might be more interested after 30 min in this video

          Originally posted by mkarya View Post
          here is another one....

          http://www.youtube.com/watch?v=oMwceo7nVLY

          I heard many stories about DLF too

          about express greens manesar, for which they had return back money to some buyers. even today you dont see any significant development in express greens.

          even I was getting a option for 1760 sq ft 3bhk flat there for 55 L (all inclusive) but that was with about 5-6 L premium. and in case anything goes wrong with project there is way to get back premium.

          DLF originally had 19 floors for belaire project (near genpact) and now they have added more floors and selling new units 2.2 cr onwards. this delayed possession for earlier buyers and many of them are still paying heavy interest on loans. DLF did same in one more project were they added more towers floor units.(dont remember that project name)

          another story about COSMOS palam. they build more floors than approved. now there is a stay order from court on possession, builder got all money from buyers and is least interested in case.

          so what do we do ?

          what dont we have a body like TRAI (telecom) or IRDA (insurance) ?

          Comment

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