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Name any builder which is launching projects at below market price or at not so greedy price. Do we as investor or end user are the only ones entitled to earn premium. I if by putting few lakhs we have been making multiple returns then why won't these builders make money who invest in crores. The best way to show ones disagreement is by not buying such projects at these price levels. Unlike in our country where we don't have an option to select none from the list of candidates in election, atleast in real estate this option can be exercised. But the fact is none will do it. It's not the image of the builder that is illusionary... Rather this mad race of making multiple times of return through Re is illusionary. I may rant about high prices in All the threads on this forum or in private but the moment I would have some surplus with me, and I would run to gurgaon to see if I can invest and make some quick gains Why is greed only associated with the builder. can you find one good Samaritan in the market who is willing to sell his project at justified and ethical price in gurgaon. no one is willing to leave even 100 Rs of premium out of this so called illusionary market price... No one boss. So why this fuss all about? While we point our finger to these builders we don't see the three pointing back to us. Woh Karein to chor aur hum Karein to maakhanchor...[/QUOTE] [I]LOL:D. U seem to have taken over the cause of Builder's lobby . Everybody/ every legal Business is supposed to earn money, that is the basic essence of business transactions . ...............but who defines the percentage of those Profits & who controls the ways & means by which these Profits are earned & often multiplied by dubious means ??? Do these Builders meet internationally acceptable industry standards for professional competence, ethics and client care ???? [/I] [B]Code of Ethics[/B]: -To conduct business affairs with professionalism and skill . -To provide the best housing value possible through the use of quality materials, services and construction methods . -To build homes with high standards of safety, sanitation and livability . -To comply with building codes, laws, and regulations for the betterment of the home building industry and for the health, safety, and progress of the community . -To comply with internationally acceptable industry standards . -To seek to resolve business controversies & customer related issues in accordance with clearly predefined grievance procedures ." 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Originally posted by rushilarora
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So is it true with Ireo only? Name any builder which is launching projects at below market price or at not so greedy price. Do we as investor or end user are the only ones entitled to earn premium. I if by putting few lakhs we have been making multiple returns then why won't these builders make money who invest in crores.
The best way to show ones disagreement is by not buying such projects at these price levels. Unlike in our country where we don't have an option to select none from the list of candidates in election, atleast in real estate this option can be exercised.
But the fact is none will do it. It's not the image of the builder that is illusionary... Rather this mad race of making multiple times of return through Re is illusionary. I may rant about high prices in All the threads on this forum or in private but the moment I would have some surplus with me, and I would run to gurgaon to see if I can invest and make some quick gains
Why is greed only associated with the builder. can you find one good Samaritan in the market who is willing to sell his project at justified and ethical price in gurgaon. no one is willing to leave even 100 Rs of premium out of this so called illusionary market price... No one boss.
So why this fuss all about? While we point our finger to these builders we don't see the three pointing back to us. Woh Karein to chor aur hum Karein to maakhanchor...
The best way to show ones disagreement is by not buying such projects at these price levels. Unlike in our country where we don't have an option to select none from the list of candidates in election, atleast in real estate this option can be exercised.
But the fact is none will do it. It's not the image of the builder that is illusionary... Rather this mad race of making multiple times of return through Re is illusionary. I may rant about high prices in All the threads on this forum or in private but the moment I would have some surplus with me, and I would run to gurgaon to see if I can invest and make some quick gains
Why is greed only associated with the builder. can you find one good Samaritan in the market who is willing to sell his project at justified and ethical price in gurgaon. no one is willing to leave even 100 Rs of premium out of this so called illusionary market price... No one boss.
So why this fuss all about? While we point our finger to these builders we don't see the three pointing back to us. Woh Karein to chor aur hum Karein to maakhanchor...
LOL

Everybody/ every legal Business is supposed to earn money, that is the basic essence of business transactions .
...............but who defines the percentage of those Profits & who controls the ways & means by which these Profits are earned & often multiplied by dubious means ???
Do these Builders meet internationally acceptable industry standards for professional competence, ethics and client care ????
Code of Ethics:
-To conduct business affairs with professionalism and skill .
-To provide the best housing value possible through the use of quality materials, services and construction methods .
-To build homes with high standards of safety, sanitation and livability .
-To comply with building codes, laws, and regulations for the betterment of the home building industry and for the health, safety, and progress of the community .
-To comply with internationally acceptable industry standards .
-To seek to resolve business controversies & customer related issues in accordance with clearly predefined grievance procedures .
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