Hello all,
How good is this CREDAI body ? What should one check if builder claims to be certified by CREDAI ?
Is there any official body where I can get the authenticity of builder checked in Bangalore ? or its just i have to go through an advocate ?
I think there must be governing body for house rent also. owners must not appreciate as per their demands. the next person occupying the house is usually asked pay couple of thousands more here in Bangalore.
Regards,
Sunil G
hi..harsha..why my content was not approved regarding the CCI judgment on DLF ? Are you supporting builder
It is approved, you have posted it in a different article
Proposed Draft Real Estate Regulation Bill by Ministry of Housing and Urban Poverty Alleviation
Its all people’s greed that is making RE goons richer. I would say Rich are not just getting richer just like that; middle & lower-middle class people make them get richer.
Its very easy to control theoretically, but practically humans can’t resist the temptation of worldly things. And its the worldly thing in me that has made me read this blog 🙁
But I can still comment as I don’t have any plans of buying or have not bought flat or land. Unsafe, risky commitment that too for a life time of headache. If you have 15-20k you can have a super 2/3 bedroom for rent!
credai is the front end organisation for all the crooks..They lobby for the approval of the projects and they do not have any control on the developer. .
people can take a look at the below link regarding recent supreme court judgement.
http://swayamsevak.tripod.com/
Friends,,do not jump into pre-launch booking. Bangalore hasn’t seen the real estate downturn except whitefield. If you would like to live in the house please go ahead and book during the launch else stay away from these pre-launch. Lets us wait for the real estate regulator in place before you decide on booking. Pre-launh is basically collecting our hard earned money from us and buying the land and selling it back to us or invest in other land purchases. Till we have some systems in place in real estate avoid jumping into investment on any projects in bangalore. Let us join/work together for the real estate regulator be implemented. This will totally change the way real estate industry operates
Kishore,
You have a good point here. I had put a post in Bhartiya city here in this blogsite on this. Bu then you become rival. The investors do not want to here any thing negative here.
The RE regulator is very likely to control prelaunch, carpet ratio visibility, payment schedule, delay penalty, quality, blocking resale etc. Credai Bangalore is not able to even insist on publishing carpet area.
But with RER stepping in, the project price is likely to go up, till then if people wait they would pay price escalation plus this rise. So if somebody wants to stay, buy at the ealiest.