Dear All,
The Builders Regulatory authority bill is going to take place his own body. I think this bill will support to the investors and brokers from cheating and miss commitments of builders to the their customers. Many builders offers the different kind of schemes that attracts to buyer like:
> Buyback guaranty but when buyer wants their money back with interest builder charges hidden expenses and a person didn't got exact amount.
>zero percent interest on EMI but some time bank charges all the interest from buyer during the project was developing.
>possession within certain months but builder always extends their possession time, each and every builder is doing this now a days.
>very attractive brouchers that never meets the actual project specifications.
>Many Builder offers to the buyers for cash adjustments at the time of booking for handling the cash, which is mostly black money.
>Some people has tens of properties in the same district that increases or maintained the demand of properties and it causes the price increase for a certain property though a needed person unable to purchase the same.
>Builder offers the different percentage of commission to different brokers and sub brokers that is the main reason for price variation for clients. if a person takes the property from X broker and another takes the same property from Y broker then the price will be different because of percent of commission offered is not same for all.
>Many builder and big brokers not pays the commission against booking to the brokers or sub brokers.
These are the some issues that are taking place in this sector. and the Bill may be capable enough to control all these.
you can share your view and suggestions on this matter.
Thanks for reading.
Sachan
8802278270
The Builders Regulatory authority bill is going to take place his own body. I think this bill will support to the investors and brokers from cheating and miss commitments of builders to the their customers. Many builders offers the different kind of schemes that attracts to buyer like:
> Buyback guaranty but when buyer wants their money back with interest builder charges hidden expenses and a person didn't got exact amount.
>zero percent interest on EMI but some time bank charges all the interest from buyer during the project was developing.
>possession within certain months but builder always extends their possession time, each and every builder is doing this now a days.
>very attractive brouchers that never meets the actual project specifications.
>Many Builder offers to the buyers for cash adjustments at the time of booking for handling the cash, which is mostly black money.
>Some people has tens of properties in the same district that increases or maintained the demand of properties and it causes the price increase for a certain property though a needed person unable to purchase the same.
>Builder offers the different percentage of commission to different brokers and sub brokers that is the main reason for price variation for clients. if a person takes the property from X broker and another takes the same property from Y broker then the price will be different because of percent of commission offered is not same for all.
>Many builder and big brokers not pays the commission against booking to the brokers or sub brokers.
These are the some issues that are taking place in this sector. and the Bill may be capable enough to control all these.
you can share your view and suggestions on this matter.
Thanks for reading.
Sachan
8802278270
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