It's not crime. It's fun...........idhar ka udhar........udhar ka idhar.......
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When someone calls me on 919860044110 for 3 minutes free advice about buying a home in Pune, I ask him, "Do you know that real estate is a criminal enterprise?"
Generally, the caller says,"I know most of the builders are bad. But, I don't know what do you mean by 'criminal enterprise'?"
"An enterprise - organisation - a group of people who work together - for committing a crime! Do you know what 'crime' means? 'Crime' means - unlawful activity. Crime means - a serious offense, especially one in violation of morality. 'Crime' means - an unjust, senseless, or disgraceful act. 'Crime' means - an evil act. 'Crime' means - something to be regretted. 'Crime' means - any serious wrongdoing. 'Crime' means - a foolish act or practice!," I try my best to explain.
But, now, after Credai Pune Metro Pune Property Exhibition 2014, my job has become easy. I don't have to take so much efforts to warn the buyers about the true nature of real estate business.
Now, even The Times of India has publicly accepted the exact nature of business of it's biggest patron.
Of course, The Times of India has extended it's help to cover up the foolish act.
While explaining the 7.5 % offer of Credai Pune Metro, TOI clarifies that - "The lender will not take a cut on the interest. Instead, the developer will shell out the difference between 7.5% and what the lender is charging for that specific period."
It means that - by shelling out the difference between 7.5 % and the official interest rate - Credai Pune Metro is not going against the directives of Reserve Bank of India (RBI) or not disobeying the court of law.
In short, The Times of India says that Credai Pune Metro is neither committing any crime - nor taking a home buyer for a ride.
To attract the property buyers, Credai Pune Metro is just playing a game.
A motivational game - "One Two ka Four - Four Two ka One".
Now, please, don't ask me - Did Credai Pune Metro (www.credaipune.org) succeed in attracting property buyers?
Better, have a look at this video and decide:
1) Developers draw home buyers with interest rate concession
2) Aditya Vilas Javdekar Invites You to Rob a Bank
3) Do not sell homes to those people who can't afford to buy
4) Now, who will save us from EMI Shahi?
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