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builder lobby
by SLVP on Oct 22, 2007 04:32 PM  Permalink 

an individual do not have might, money and musle power to fight against power full builders.

Generally these builders are well connected to local politicians and political parties which always take bilders side.

Why there cant be standerdisation of housing procedure , all purchases and payments through banks (By cheque)?

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flat
by ramkrishna on Oct 22, 2007 04:24 PM  Permalink  | Hide replies

you are always taken for granted, nothing canbe done against thebuilders, as long as money plays

buyers always sorry state of affairs

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RE:flat
by GN on Oct 22, 2007 04:33 PM  Permalink
In india, the approvals for building plans can be get signed after the completion of project.



initially during the construction for a 7 storeyd buildign builder leaves the space arround construction suitable for a fire brigade to move. later the same space with boundary walls will be sold as garden space for ground floor residents.





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Regarding Builders :Buying a house
by anil panday on Oct 22, 2007 04:23 PM  Permalink  | Hide replies

Can anyone tell me what actually stops the Govt frrm framing a Particular draft which would include (and made mandatory) all necessary points to be filled in proper detail as for the Sq ft area ,Carpet ,Builtup and Super builtup Wise, Garden area and Lobby area including passages on each floor etc.Specifications of every other accessories and amenities included as to quality and Quantity . If the Govt really wants i dont see any major hurdle in implementing it this way...or is there one?? I am sure it will be a big relief to all and where the rights of both Builders and Buyers would be protected and not every one would have to go through the Fine line etc..as it is am sure most of them buying a flat dont actually go into major details or just leave it to fate .

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RE:Regarding Builders :Buying a house
by anthony moonjely on Oct 22, 2007 05:00 PM  Permalink
Mr. Pandey, you are absolutely right, if the governments have the will, all these problems can be solved very easily by making it obligatory to sign one approved standardised Sale Agreement that is equitable to both the flat buyer & the builder. This can be further backed up, by making it obligatory on the Registrar to disallow registration of any Sale Agreement which has deviations or deletions of any type, in any of the key clauses.

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one have to be very careful
by GN on Oct 22, 2007 04:22 PM  Permalink 

Promises by the Builders are very mind boggling ones.

A complex with swimming pool, Garden, back up Generators, Lifts, Temples, Gymnasiums, Club house. etc etc etc.

The terms of payment is not based on completion of this facilities. it will be always as below

15% on plinth:

30%on slab

10% on walling

10% on doors, frames & windows

7% on plaster

7% on flooring & plumbing:

7% on sanitary fittings:

4% on possession:

M.S.E.B.

Stamp Duty & Registration:



Even after 1 year after possesions, there are many complexes which did not received the external facilities as promised by builder.



Please try to negotiate the 100% payment only afetr the completion of complete facilities promised.

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valuable information
by Raahul Gurjar on Oct 22, 2007 04:20 PM  Permalink 

This article is indeed very valuable for the buyers of real estate and those who want to invest in real estate.

The links provided are useful too...

Good...keep on writing these articles !!Keep it up!!

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