Monday, May 16, 2016

Over 4 lakh Pune flat buyers are victims of the builders

Dream homes turn into a nightmare for flat buyers in Pune:



RITESH Jain (name changed on request) had booked a 2BHK flat in an ongoing project of a prominent builder in Kharadi in 2014. Two years later, he is yet to get possession of his flat.

“The agreement that I had signed with the builder had said I would get possession by the end of 2015. The builder keeps on assuring me that I will get the flat soon, but that soon seems to be far away,” he says.

Jain, who is paying a hefty house rent, is now thinking of taking legal measures against the builder.

Jain’s predicament reflects the situation faced by lakhs of people in the city who are made to run from pillar to post to get possession of their promised flats despite making payments on time. - Click to read more



Friday, May 13, 2016

Pune Property Exhibitions on 14th & 15th May, 2016

1) 99Acres East & West Pune Property Investment Expo:


99Acres East & West Pune Property Investment Expo





2) Sakal Vastu Property Expo:





3) Times PCMC Property Showcase 2016:





Related Stories:


Builder Mafia Raaj Hatao, Pune Flat Buyers Bachao

1) Pune Flat Buyers Declare War on Builder Mafia Raaj

2) Pune real estate market research report, trends & forecast 2016

3) Pune flat buyers, talk to the press!

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- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

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Bank of Maharashtra.
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Friday, May 6, 2016

Sachin Agarwal of Maple Shelters gets interim protection from arrest

No arrest till June 8!


Like the victims of Maple Shelter's Maharashtra Housing Day Scam - the victims of
Bharatiya Jan Ghar Yojana & India Housing Day Scams must get their money back

The Bombay High Court today extended till June 8 the interim protection from arrest given to Maple Group Chairman Sachin Agarwal and MD Naveen Agarwal who were booked for allegedly cheating people by publishing "misleading" advertisements in newspapers promising flats to buyers at cheaper rates.

Defence counsel Aniket Nikam argued that the company belonging to Agarwal was not a fly-by-night entity and they had started refunding money to people who had invested in their project for the one BHK flats.

Nikam said that in the event of any investor failing to apply for refund, the company was willing to deposit the amount due to the people in the high court.

Accepting the affidavit filed by the Agarwal brothers, the court continued till June 8 the interim protection granted to the duo two days ago.
- HC extends interim protection from arrest to Pune builders

Related Stories:


3) What about Maple Shelters' Bharatiya Jan Ghar Yojana & India Housing Day Scams?

2) Maharashtra Housing Day Registration at Maple Office

1) Pune Flat Buyers Declare War on Builder Mafia Raaj

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

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Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001



  

Thursday, May 5, 2016

What about Maple Shelters' Bharatiya Jan Ghar Yojana & India Housing Day Scams?

Scamster Sachin Agarwal of Maple Shelters reports at Economic Offence Wing:


Scamster Sachin Agarwal of Maple Shelters reports at Economic Offence Wing

After obtaining interim bail from Bombay High Court on the 3rd of May, absconding scamster Sachin Agarwal of Maple Shelters reported to Economic Offence Wing on the 4th of May - ABP Majha reports.

Since the last 15 days, after Pune police busted Maple Shelters' Pradhan Mantri Awas Yojana Scam, Sachin Agarwal was absconding.

On 5th May, Sachin Agarwal has to submit an affidavit to the court about refund of money collected under the fraudulent offer of 1 BHK Flat for Rs. 5 Lakh - Maharashtra Housing Day.

It seems, ABP Majha reports, the case would be only about Maple Pradhan Mantri Awas Yojana Scam. What about Maple Shelters' Bharatiya Jan Ghar Yojana Scam? What about Maple Shelters India Housing Day scam?

Why is Economic Offence Wing not investigating Maple Shelters' Bharatiya Jan Ghar Yojana & India Housing Day scams?

How can Bombay High Court give justice to the victims of Maple Shelters if Pune police do not investigate Bharatiya Jan Ghar Yojana & India Housing Day?

Like the victims of Maharashtra Housing Day Scam - the victims of Bharatiya Jan Ghar Yojana & India Housing Day must get their money back.

What say you?

Like the victims of Maharashtra Housing Day Scam - the victims of Bharatiya Jan Ghar Yojana & India Housing Day must get their money back.
Like the victims of Maharashtra Housing Day Scam - the victims of Bharatiya Jan Ghar Yojana & India Housing Day must get their money back.
Like the victims of Maharashtra Housing Day Scam - the victims of Bharatiya Jan Ghar Yojana & India Housing Day must get their money back.
Like the victims of Maharashtra Housing Day Scam - the victims of Bharatiya Jan Ghar Yojana & India Housing Day must get their money back.
Like the victims of Maharashtra Housing Day Scam - the victims of Bharatiya Jan Ghar Yojana & India Housing Day must get their money back.

Related Stories:


4) India Housing Day - Last Day Today! Approximate Property Prices of Aapla Ghar on India Housing Day

3) Investing in Aapla Ghar Uruli Kanchan Lakeside

2) Pune Flat Buyers Declare War on Builder Mafia Raaj

1) Maharashtra Housing Day Registration at Maple Office

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My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001



  

Wednesday, May 4, 2016

Maharashtra will have interim RERA by October 2016

Who will be the Real Estate Regulatory Authority (RERA)?:




1) About implementation of Real Estate (Regulation and Development) Act, 2016:


The much awaited and widely acclaimed Real Estate (Regulation and Development) Act, 2016 came into force from May 1, 2016. This has set in motion the process of making necessary operational rules and creation of institutional infrastructure for protecting the interests of consumers and promoting the growth of real estate sector in an environment of trust, confidence, credible transactions and efficient and time bound execution of projects.

Ministry of Housing & Urban Poverty Alleviation has notified 69 of the total 92 sections of the Act on Wednesday this week bringing the Act into force from May 1,2016 culminating the eight year long efforts in this regard. A proposal for a law for Real Estate was first mooted at the National Conference of Housing Ministers of States and Union Territories in January, 2009.

As per the notification announcing the commencement of the Act on May 1,2016, Rules under the Act have to be formulated by the Central and State Governments within a maximum period of six months i.e by October 31,2016 under Section 84 of the Act. Ministry of HUPA would make Rules for Union Territories without legislatures while the Ministry of Urban Development would do so for Delhi.

Section 84 of the Act stipulates that “The appropriate Government shall, within a period of six months of the commencement of this Act, by notification, make rules for carrying out the provisions of this Act.”

Early setting up of Real Estate Regulatory Authorities with whom all real estate projects have to be registered and Appellate Tribunals for adjudication of disputes is the key for providing early relief and protection to the large number of buyers of properties.

Section 20 of the Act says “The appropriate Government shall, within a period of one year from the date of coming into force of this Act, by notification establish an authority to be known as the Real Estate Regulatory Authority to exercise the powers conferred on it and to perform the functions assigned to it under this Act”. These Authorities decide on the complaints of buyers and developers in 60 days time.

Section 20 of this Act also empowers appropriate Governments to designate any officer preferably Secretary of the Department dealing with Housing, as the interim Regulatory Authority until the establishment of Regulatory Authority under the provisions of the Act.

Regulatory Authorities, upon their constitution get three months time to formulate regulations concerning their day to day functioning under Section 85 of the Act.

Likewise, under Section 43 of the Act, Real Estate Appellate Tribunals shall be formed within a maximum period of one year i.e by April 30,2017. These fast track Tribunals shall decide on the disputes over the orders of Regulatory Authorities in 60 days time.

Under the directions of the Minister of Housing & Urban Poverty Alleviation Shri M.Venkaiah Naidu, a Committee chaired by Secretary (HUPA) has already commenced work on formulation of Model Rules under the Act for the benefit of States and UTs so that they could come out with Rules in quick time besides ensuring uniformity across the country. The Ministry will also will come out with Model Regulations for Regulatory Authorities to save on time.

The time limits of six months for formulation of Rules and one year for setting up Regulatory Authorities and Appellate Tribunals are the outer limit and the States willing to act quickly could do so and the Ministry of Housing & Urban Poverty Alleviation would notify the remaining Sections of the Act to enable relief to the buyers under the Act as quickly as possible, as desired by Shri M.Venkaiah Naidu.

The remaining 22 Sections to be notified relate to functions and duties of promoters, rights and duties of allottees, prior registration of real estate projects with Real Estate Regulatory Authorities, recovery of interest on penalties, enforcement of orders, offences, penalties and adjudication, taking cognizance of offences etc. - Click to read more - Press Information Bureau

2) नविन स्थावर मालमत्ता कायद्यामुळे राज्यात बिल्डरांच्या मनमानीला मोकळीक:


पूर्वी अस्तित्वात असलेला ‘मोफा‘ म्हणजे महाराष्ट्र ओनरशीप फ्लॅट ॲक्ट, २०१२ साली रद्द करून राज्याने स्थावर मालमत्ता (विनियमन व विकास) २०१२ स्विकारला. या कायद्यानुसारही राज्यात स्थावर मालमत्ता नियामक प्राधिकरणाची स्थापना होणार होती. परंतु एकूणच राजकीय नेत्यांचे आणि बाबू मंडळीचेही बिल्डरांशी साटेलोटे असल्याने त्याची स्थापना झाली नाही. आता तर तो कायदाच केंद्राने निरस्त केल्याने राज्यात आधीच उल्हास त्यात फाल्गुन मास अशी परिस्थिती निर्माण झाली आहे.त्यामूळे जोपर्यंत केंद्र शासन स्थावर मालमत्ता अधिनियम २०१६ मधील सर्व तरतुदी अधिसुचित करत नाही तोपर्यंत राज्यात स्थावर मालमत्ता घेणा-यांना दिलासा देणारा एकही कायदा अस्तित्वात नाही अशी स्थिती निर्माण झाली आहे . Visit Vijay Kumbhar's Marathi Blog to Read More

Related Stories:


2) RERA to be notified on 1st May 2016

1) Pune Flat Buyers Declare War on Builder Mafia Raaj

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If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

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For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001



  

Pune flat buyers, talk to the press!

War on Builder Mafia Raaj -
Flat buyers of Palladium Grand Dhanori talked to the press!
What about you?


Seema Bhakare & Vijay Sagar of Grahak Panchayat Pune, Dr. Vishwas Chavan, Lallan Singh, & Arun Nair of Palladium Grand Dhanori Ad hoc Committee

Yesterday evening, flat buyers of Palladium Grand at Dhanori told the television & newspaper reporters their story. The perfect story about the builder mafia raaj in Pune real estate market. Saga of Palladium Grand flat buyers 8 long years fight against the nexus of builder, architect, local politicians, Pune Municipal Corporation officials, Co-operative department officials & Pune police.

Blacklist the builder of Palladium Grand. Do not sanction his new housing project. Issue stop order notice to his ongoing projects. Order the builder to complete Palladium Grand as per the development rules & clauses in the commencement letter issued by PMC. Order the builder to complete the infrastructure as per environmental clearance proposal. The flat buyers of Palladium Grand explained their demands to the media.

With the press conference of Palladium Grand war on builder mafia raaj has began. In the next few days, the flat buyers from more than 40 projects will come forward and share their story with the media.

Builder Mafia Raaj Hatao, Pune Flat Buyers Bachao

You know? Yesterday, the print & electronic journalists had a shock of their life. They were hearing the true status of Pune real estate market for the first time. How can this type of a crime take place in Pune Municipal Corporation limits? If this is happening in PMC limits what might be happening in PMRDA? They went on asking.

How can a builder construct, obtain completion & Occupancy certificate, give flat possession when Palladium Grand has no environmental clearance?

How can Pune Municipal Corporation give completion & occupancy certificate when the builder of Palladium Grand has not fulfilled all clauses in the N. A. order & the commencement letter?

How can a builder of Palladium Grand refuse to provide free drinking water when he has give an affidavit to PMC?

How can PMC refuse to take action against the builder for not providing free water to the flat buyers of Palladium Grand?

How can an architect issue completion certificate when the project is not completed as planned by him?

Why did 86 flat buyers file cases in the consumer court against the builder of Palladium Grand?

Why are the police refusing to lodge FRI against the builder of Palladium Grand?

How can you live with your family under the builder's terror & abuse for 8 years?

Is the tanker mafia preventing municipal water supply & extorting lakhs of rupees per month for the last 8 years from the flat buyers of Palladium Grand?

How can a builder demand lakh plus rupees when as per Supreme Court order it's illegal?

How can a builder sell 104 car parkings when PMC has approved only 72 in Palladium Grand?

If all open space is sold & used as car parking - how can a fire engine control the fire?

How to recover money collected by the builder for car parking, MSEB charges, society formation charges, infrastructure & development charges, clubhouse & amenities charges?

How can PMC approve revised plan & allow the builder to demolish amphitheater & swimming pool in Palladium Grand where the flat buyers are living for more than 7 years?

How can the cooperative department prevent the flat buyers from forming a co-operative housing society?

What can Palladium Grand flat buyers do when the entire system is exploiting them?

After hearing the story from the horse's mouth, the media understood why the flat buyers of Palladium Grand are demanding - Blacklist the builder of Palladium Grand. Issue stop order notice to his ongoing project. Order the builder to complete the project as per the development rules & clauses in the commencement letter issued by PMC.

Next time, it's your turn. Open up. Talk to the press. Create awareness. Citizens support is your strength. An ammunition to win a war against builder mafia raaj.

Related Stories:


5) Pune Flat Buyers Declare War on Builder Mafia Raaj

4) Real Estate Regulatory Authority (RERA) Comes to Town

3) Maple Shelters' scam busted - what about the other scams?

2) Warning for CREDAI Pune Home Buying Festival Visitors

1) Pune real estate market research report, trends & forecast 2016

Subscribe for Free!


To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

Feel free to call me:


I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001



  

Tuesday, May 3, 2016

Bombay High Court gives interim bail to Sachin Agarwal of Maple Shelters

Do not arrest Sachin Agarwal till 5th May 2016:


Bombay High Court gives interim bail to Sachin Agarwal of Maple Shelters

According to ABP Majha, today, Bombay High Court ordered police not to arrest Sachin Agarwal of Maple Shelters till 5th of May 2016. Sachin has to report to police station on 3rd & 4th May. High Court has ordered Sachin to give complete information of the flat buyers who had applied for a 1 BHK Flat for Rs. 5 Lakh under Pradhan Mantri Awas Yojana Scam.

Related Story:


3) Sachin Ko Pakadna Mushkil Hi Nahi - Na Mumkin Hai

2) मॅपल ग्रुपच्या सचिन अग्रवाल यांचा अटकपूर्व जामीन फेटाळला

1) Maharashtra Housing Day Registration at Maple Office

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001



  

Pune Flat Buyers Declare War on Builder Mafia Raaj

"Take strict action in 30 days or
"Builder Mafia Raaj Hatao - Pune Flat Buyers Bachao"
andolan will be launched" 
- under the leadership of Akhil Bharatiya Grahak Panchayat, flat buyers in Pune sent an ultimatum to Maharashtra CM Devendra Fadnavis:



A few days ago, in the press conference, Mr. Vijay Sagar, Mr. Vilas Lele & Ms. Seema Bhakare of Akhil Bharatiya Grahak Panchayat Pune published first list of 41 projects which have looted, cheated & exploited around 15,000 flat buyers and declared war on builder mafia raaj in Pune.

Grahak Panchayat gave to the press the copy of an ultimatum letter sent to Chief Minister of Maharashtra Shri Devendra Fadnavis.

Along with andolan, Grahak Panchayat also announced that Public Interest Litigation (PIL) will be lodged against the State Government, local bureaucrats & Pune police for non performance of duties.

Here is the first list of projects in which the nexus of builders, bureaucrats, police & politicians have exploited Pune flat buyers:


1) Shalini Lake View Undri - Trishul Builders:


A) 500 Flats: Rs. 8 - 10 Lakhs Each.

B) In 2010 the building was demolished as it was constructed on reserved government land.

C) Money was collected from more than 500 flat buyers. Money not refunded. Hundreds of legal cases ongoing. No action on FRI lodged in 2011.

2) Misty Trails Hadapsar - Bhujbal Brothers Construction Company


A) 178 Flats: Approx Rs. 40 Lakhs Each

B) Construction stalled for years. Bank has attached the project. No action on FIR.

3) Forest Mist Hadapsar - Bhujbal Brothers Construction Company:


A) 80 Flats - Approx Rs. 40 Lakhs Each

B) Construction stalled for years.

4) Valay Hadapsar - Bhujbal Brothers Construction Company:


A) 20 Flats - Approx Rs. 40 Lakhs Each

B) Possession delayed by 2 years. Construction stalled for years.

C) Electricity meter 1,50,000 + Development charges Rs. 2 Lakhs collected from each flat buyer.

5) Vatika Balewadi - Bhujbal Brothers Construction Company:


A) 123 Flats - Rs. 45 - 70 Lakhs Each

B) Illegal floors. Incomplete project. Refund cheques bounced. No completion & occupancy certificate. Delayed possession after Grahak Panchayat Intervention. Amenities - clubhouse, gym, party lawn, garden etc - not provided.

C) Electrical meter Rs. 75,000 collected from the flat buyers.

6) Aura City Shikrapur - Jalan Maple Developers:


A) 1000 Flats - Rs. 14 - 25 Lakhs Each

B) Incomplete project. Construction stalled. Possession of a few flats given. No completion certificate. No basic facilities provided. Ongoing legal cases.

7) Bharatiya Jan Ghar Yojana 2015 - India Housing Day 2015 - Aapla Ghar - Maple Shelters:


A) 15 projects - Rs. 11 - 18 Lakhs per flat

B) Booking amount collected Rs. 1 - 3 Lakhs. No flat agreements.

8) Neo City Wagholi - Maple Shelters & Jalan Group:


A) 1200 flats - Approx Rs. 26 Lakhs Each

B) Incomplete construction. Delayed possession.

C) Electric meter - Rs. 25,000. Infrastructure charges - Rs. 1.5 Lakh. Parking Rs. 1.5 Lakh. Society formation Rs. 5,000. Collected from each flat buyer.

9) KUL Ecoloch Phase 1 Mahalunge - KUL Kumar Builders:


A) 850 Flats - Approx Rs. 55 Lakhs Each

B) Incomplete construction. No basic facilities. Delayed possession.

C) Police complaints against agitating flat buyers.

D) Builder has threatened that flat possession will not be given unless apology letter in the form of affidavit is submitted.

E) Infrastructure charges Rs. 2.5 Lakhs collected from each flat buyer.

10) KUL Ecoloch Phase 2 Mahalunge - KUL Kumar Builders:


A) 750 Flats - Approx Rs. 14 - 25 Lakh Each

B) Construction stalled for years.

C) Infrastructure charges Rs. 2.5 Lakh collected from each flat buyer.

11) Srushti Regency Wadegaon Kesnand - WS Developers:


A) 1980 Flats - 36 Rowhouses - 93 Shops - Approx Rs. 14 - 37 Lakhs Each

B) No sanction from town planning (PMRDA). No environmental Clearance.

C) Stalled project.

D) Society formation - Rs. 20,000. Parking - Rs. 50,000. Electricity meter - Rs. 35,000. Development charges - Rs. 25,000 - collected from each flat buyer.

12) Revell Orchid Lohegaon - Rainbow Housing & Revell Realtors:


A) 550 Flats - Approx Rs. 34 Lakhs Each

B) After delay of 2 years possession was given without Completion & Occupancy Certificate.

C) No water line. No society formation. No conveyance.

D) Infrastructure charges Rs. 3 Lakh collected from each flat buyer. Amenities not provided.

13) Vista Luxuria Manjri - Parmar Indus Associates:


A) 400 Flats - Approx Rs. 20 - 32 Lakh Each

B) Violation of Environmental Clearance. No Completion & occupancy Certificate.

C) Solar Rs. 35,000 + Society formation Rs. 25,000 + Car Parking Rs. 1 Lakh + Electricity meter Rs. 25,000 + Development charges Rs. 1.70 Lakhs - collected from each flat buyer.

D) 198 flat possession was delayed by 1 year. No compensation given.

14) Palladium Grand Dhanori - Raojee Construction & Shreyas Shelter


A) 140 flats

B) Violation of Environmental Clearance. No PMC water supply. No Sewage Treatment Plant. Firefighting system not working. No solar power. No proper approach road. Society not formed after 8 years of flat possession.

C) Builder beats & theatence flat buyers.

8) No help from PMC officials & cooperative department.

15) Defence Colony Radheshwari Nagar Bakori Wagholi - Supertech Construction:


A) 290 Flats - Approx Rs. 24 - 33 Lakhs

B) Illegal floors. No possession. No amenities.

C) Car parking Rs. 1 Lakh + Electricity meter Rs. 1 Lakh - collected from each flat buyer.

16) Aarohi at Sus - Teerth Realties:


A) 220 Flats - Approx Rs. 25 - 40 Lakhs

B) Ongoing legal cases. Basic facilities not provided. Sewage treatment plant not working. Inadequate parking. No water supply. Some possession not given for the last 6 years.

17) Songbirds Bhugaon - Enerrgia SKYi Developers:


A) 1200 Flats - Approx Rs. 65 Lakh Each

B) Incomplete construction. No amenities. Delayed possession.

C) Maintenance Rs. 1.5 Lakhs + Electricity meter Rs. 25,000 + Infrastructure charges Rs. 3 - 5 Lakhs - collected from each flat buyer.

D) No possession without payment of compulsory club membership Rs. 2 Lakh

18) Mantri Eternity Dapodi - Mantri Developers:


A) 100 Flats - Approx Rs. 65 - 100 Lakh Each

B) Construction stalled. Possession delayed. 90% flat price collected.

19) Jade Residences Wagholi - Dheeraj Realty Mumbai:


A) 1,000 Flats - Approx Rs. 40 Lakh Each

B) Illegal floors constructed.

C) Incomplete construction. Delayed possession. Amenities promised in the brochure not provided.

D) Electric meter Rs. 60,000 + Development charges Rs. 19000 + Society formation Rs. 10,000 + Parking Rs. 1.5 to 2 lakhs - collected from each flat buyer.

20) KDS Aangan & KDS Dham Charholi - KDS Infrabuildcon:


A) 500 Flats - Approx Rs. 11 Lakh Each

B) Rs. 50,000 - 4.5 lakh collected from the flat buyers. No construction. Land sold. Refund cheques bounced. Ongoing consumer court cases. No action after police complaint.

21) Lodha Belmondo Gahunje - Sahajanand Hi Tech Construction Pvt. Ltd / Palava Dwellers Pvt Ltd


A) Approx Rs. 50 Lakh Each

B) No possession without paying escalated property price.

C) It seems that the builder has cancelled some agreements & resold the flats.

22) Viva Hallmark Bavdhan - Viva Swaraj:


A) 250 Flats

B) Society not formed. All amenities not provided. Tanker water.

C) Car parking - Rs. 1 Lakh - collected from each flat buyer.

23) Suyog Nisarg Wagholi - Suyog Development Corporation:


A) 600 Flats - Approx Rs. 32 Lakh Each

B) Delayed possession. Society not formed. All amenities not provided.

C) Infrastructure charges - Rs. 1.70 Lakh + Amenities charges Rs. 2 Lakh - collected from each flat buyer.

24) Oxford Paradies Sus Gaon - Oxford Group:


A) 200 Flats - Approx Rs. 16 Lakh Each

B) Society not formed. No amenities.

25) N D Tower Akurdi - ND Developers:


A) 118 Flats - Approx Rs. 30 Lakh Each

B) Amenity charges Rs. 25,000 + Electricity meter Rs. 25,000 + One Time Maintenance Rs. 25,000 + Car parking Rs. 1.5 Lakh - collected from each flat buyer.

26) Pride Greenfields Pimple Nilakh - N K Developers:


A) 105 Flats - Approx Rs. 38 Lakh Each

B) Society not formed. No amenities. Ongoing legal cases.

27) Ivy Estate Wagholi - Kolte-Patil:


A) 1,000 Flats - Approx Rs. 43 Lakh Each

B) Amenity charges Rs. 1.5 Lakh + Electricity meter Rs. 50,000 + Car Parking Rs. 1.5 Lakh + Infrastructure charges Rs. 75,000 + One Time maintenance Rs. 1.16 lakh - collected from each flat buyer.

C) Inadequate parking

28) Surbhi Habitat Dhanori - Sukanto Roy Developers:


A) 12 Flats

B) Society not formed. Insufficient water supply. Construction not per agreement.

29) Suyog Saffron Rahatani - Suyog Construction:


A) 84 flats

B) Insufficient water supply.

C) Electricity meter Rs. 75,000 - collected from each flat buyer.

30) Unique Icon Bhairav Nagar - D. S. Company:


A) 9 Flats

B) Society not formed.

C) Incomplete construction.

D) Society formation Rs. 50,000 - collected from each flat buyer

31) Park Spring Dhanori Lohegaon - Pride Purple & Rainbow Housing:


A) 392 Flats - Approx Rs. 30 Lakh Each

B) Parking Rs. 3.50 Lakh collected from each flat buyer.

C) Tanker water

D) Delayed possession.

32) Maxima Wakad - Piyush Thakar:


A) 174 Flats - Approx Rs. 30 Lakh Each

B) Delayed possession

C) Society not formed

D) Tanker water

E) Car parking Rs. 1.5 lakh + Electricity meter Rs. 50,000 + One time maintenance Rs. 15,000 + Society formation Rs. 15,000 - collected from each flat buyer

33) Puraniks Abitante Bavdhan - Puranik builders Pvt Ltd:


A) On cancellation of flat booking amount not refunded. Threats to deduct Rs. 1 Lakh cancellation charges.

34) Greenland Rahatani - Ashwini Developers:


A) 293 Flats - Approx Rs. 45 Lakh Each

B) No amenities

C) Car parking Rs. 1.25 lakh + Electricity meter Rs. 50,000 + Amenity charges Rs. 3 Lakh + Society formation Rs. 30,000 + One time maintenance Rs. 36,000 + Infrastructure charges Rs. 2 Lakh - collected from each flat buyer.

35) Lushlife OVO Undri - LUSHlife Developers:


A) 352 Flats - Approx Rs. 55 Lakh Each

B) Society formation Rs. 25,000 + Amenity charges Rs. 1 Lakh + Infrastructure charges Rs. 3.25 lakh - collected from each flat buyer.

C) Possession delayed by more than 2 years

36) River Residency Chikhali - Ishwar Parmar Group:


A) 261 Flats - Approx Rs. 25 - 30 Lakh Each

B) Illegal construction. All amenities not provided. 2 wheeler & 4 wheeler parking sold. Tanker water.

C) Electricity meter charges Rs. 30,000 collected from each flat buyer.

37) Laxmi Satyam Residency Dhanori - Vijay Laxmi Developers:


A) 70 Flats - Approx Rs. 40 Lakh Each

B) No completion certificate

C) Infrastructure charges Rs. 1 lakh + Electricity meter Rs. 30,000 + Car parking Rs. 1.5 lakh - collected from each flat buyer.

D) Tanker water

38) Freedom Park - Mittal Brothers:


A) 156 Flats - Approx Rs. 50 Lakh Each

B) Car parking Rs. 75,000 + Electricity meter Rs. 75,000 + Amenity charges Rs. 50,000 - collected from each flat buyer.

C) All amenities not provided.

39) Pavan Park Mohammadwadi - Satish Appaji Sawant:


No agreements in spite of collecting lakhs of rupees as booking amount in 2013.

40) Kamalraj Balaji Residency Dighi - Kamalraj Group:


A) 160 Flats - Approx Rs. 35 Lakh Each

B) Car parking Rs. 1.5 Lakh + Electricity meter Rs. 60,000 + One time maintenance Rs. 30,000 + Society formation Rs. 30,000 - collected from each flat buyer.

C) Society not formed.

D) Taker water

41) Sai Luxuria Rahatani - Sai Associates:


A) 132 Flats - Approx Rs. 32 Lakh Each

B) Infrastructure charges Rs. 50,000 + Electricity meter Rs. 50,000 + One time maintenance Rs. 24,000 - collected from each flat buyer.

C) Possession delayed by 6 months.

An ultimatum to Maharashtra CM Devendra Fadnavis:




Related Stories:




4) Call for quick action against errant builders

3) Maple Shelters' scam busted - what about the other scams?

2) Warning for CREDAI Pune Home Buying Festival Visitors

1) Pune real estate market research report, trends & forecast 2016

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Sunday, May 1, 2016

Goodwill Nirmiti Lohegaon Launched!

Meet Rohit Goyal, Nikhil Goyal, Navin Agarwal, Sumit Tayal of Unique Group, Developers of Goodwill Nirmiti - 1 BHK, 1.5 BHK, 2 BHK Flats at Survey No. 284, D. Y. Patil Knowledge City Road, off Porwal Road, opposite Sahara City, Lohegaon, Pune 411 047:


Rohit Goyal, Nikhil Goyal, Navin Agarwal, Sumit Tayal of Unique Group, Developers of Goodwill Nirmiti Lohegaon Pune

All those who can afford to own a property in Pune real estate market have already become homeowners. Now, the builder's target is the customer who can not afford to own a flat.

This target customer has not saved money for paying 20% down payment. So, the housing finance companies have launched 0% down payment offer.

Even if he is ready to pay 50% of his monthly income as an EMI - for the next 20 - 25 years - the home loan eligibility of this target customer is small. He can afford to own a 1 BHK - 2 BHK Flat in the price range of 30 - 40 Lakhs. Obviously, the flat sizes are compact - carpet areas are small. 1 BHK 425 for 32.83 Lakhs, 1.5 BHK 523 for 37.71 Lakhs, 2 BHK 654 for 45.45 - 46.28 Lakhs.

Mr. Navin Agarwal of Unique Group was talking about Goodwill Nirmiti at Lohegaon. His joint venture with Choice Group.

Goodwill Nirmiti Lohegaon Launched!

Mr. Rakeysh Mishraa of Viable Resource Marcom took me to Navin on the day of the launch. "You will enjoy meeting them. All are young & dynamic," Rakeysh had told me.

I didn't take Rakeysh seriously. Because he is their media & branding consultant. You know? When I was in Pune real estate advertising - even I used to admire my builder clients. Only when I joined my builder clients as a real estate salesman - I realized that they don't treat their clients the way I used to treat them when they were my clients. And I started Ravi Karandeekar's Pune Real Estate Market News Blog!

However, I was curious to meet these guys because you always ask me - How is the builder - good? And you refuse to accept my answer - Be a good flat buyer - don't look for a good builder! Ultimately, I have decided to meet & write about the builders.

Porwal Road, Lohegaon Gram Panchayat

My first impression about Navin Agarwal was positive. When we entered his office - Navin was attending a flat buyer. I liked that! When we were leaving, I noticed - all sales staff had left for the day - but all the directors were at the show flat entertaining the walk in flat buyers! Now, flat buyers, it's your responsibility - never let them become inaccessible - unapproachable!

"You know? Sometimes our sales staff can't communicate the concept - the thought - behind the planning. Since we have conceived it - we are in a better position to explain it to the flat buyer," Sumit Tayal said.

"Do the buyers give importance to the planning? Isn't 0% down payment - discounted launched property rate - 3897 instead of 4200 - not enough?," I asked.

"Competition - options - in Lohegaon compels you to be unique - the concept is the only way to win the property buyers. For the last 5 years - I am developing projects in Lohegaon. 5 years ago there were only 5 options - today there are more than 50 on Porwal Road!," Navin said.

"What is the concept of Goodwill Nirmiti? Love? Our home is the celebration of our love - your ad says!," I asked.

"Love - Happiness - Success is the theme of Goodwill Nirmiti," Summit said.

"See, we are selling to young couples who have come to Pune for a job. Not to those who are born & brought up in Pune. For the migrated people buying a home is more than settling down in life - for them it's a big success - assurance of a happy family life - loving relationship between husband & wife," referring to A3 size colorful brochure of Goodwill Nirmiti, Navin said.

"How does this reflect in the flat - project?," I asked.

"For that you have to see the show flat," Navin said and took me to the show flat.

It's a 2 BHK Flat. It has entrance lobby - for privacy. Kitchen is open with L shape platform & breakfast counter - housewife is the king of a home. Dry balcony is big enough for washing machine as well as dishwasher. Living & dining of a 2 BHK Flat has enough space for the dining table & sofa set. (1.5 BHK & 1 BHK Flat buyers are supposed to enjoy TV lunch & dinner - no space for a dining table). Between living cum dining and 2 bedrooms - there is a minimum size passage - privacy for the bedrooms. In this passage - there is wash basin - no one likes washbasin in the common toilet. (1.5 BHK & 1 BHK Flats have separate WC & Bath. Washbasin is in the bathroom - not outside.) All Bedrooms in all types of flats have a niche for a wardrobe - space saving - efficient use of space. Only one terrace per flat. In a 2 BHK Flat attached to a living or a dining. Navin went on explaining.

"Specification - Modular Kitchen, Water Purifier, Video Door Phone, Fans & Tube Lights, Tata Sky Connection - Amenities like Swimming Pool, Clubhouse, Gym with AC, Security CCTV cameras - reflects success," Summit said.

"Of course, on the rational level - construction has begun & the project is approved by HDFC, LIC, SBI, IDBI, ICICI, AXIS & INDIABULLS - gives confidence to book a flat," said Navin.

"Looks like you enjoy marketing & selling, Navin! Is real estate all about selling - booking flats? How come you became a builder?," I said.

"How can you ask? Don't you know that our community owns real estate business? Of course, since I am pharmacist - my first business was of distribution of pharmaceutical products. But within no time - I became a builder and I am enjoying every aspect of it - from planning to construction," Navin said.

"Your community?," I asked.

"Agarwal community! We dominate Pune real estate market," Navin said.

(Recently - someone told me that CREDAI is not a 'C Company' - It's 'A Company'! No. Builders itself is a community. There is not only one Sachin in this community. There are others who are equally capable of doing what Sachin Agarwal of Maple Shelters did. The builder community has no connection with any social community.)

"Agarwal community dominates many businesses - including ecommerce. Why did you choose real estate? Why did you prefer Lohegaon?," I asked.

"Joined because of a close relative - continued in real estate because - like any Agarwal - I enjoy taking risks - would remain in real estate because it's transforming from unorganized to organized - regulated - business - which is good for my generation," Navin said.

"Oh! You think RERA is good!! Tell me - how can you speak Marathi so fluently?," I asked.

"I am born & brought up in Pune - all my life I am speaking Marathi. In fact, Pune is more dear to me than our native place," Navin said.

I took a photo of Rohit Goyal, Nikhil Goyal, Navin Agarwal, Sumit Tayal and took their leave.

"Did you enjoy the meeting?," on the way, Rakeysh asked.

"Yes! Very much!! Tell me - which is your community?," I asked.

"I am from Mithilanchal!," said Rakeysh.

"Means you are from Bihar," I said.

"I am from Mithilanchal!," Rakeysh said.

P. S. - This blog is about meeting the developers of Goodwill Nirmiti Lohegaon. Because of lack of basic civic urban infrastructure, I don't recommend Goodwill Nirmiti or any project in Lohegaon Gram Panchayat. I am against 0% down payment offer. It's nothing but a trap set by the bank to make you a slave for life.

Related Story:


1) Do not sell homes to those people who can't afford to buy

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001