MORE PRE LAUNCH PROJECTS – YET TO COMPLETE –


THE PROJECTS ANNOUNCED BY THE BUILDERS LONG BACK, (2008 TO 2012) ARE YET TO BE COMPLETED AND HANDED OVER AND SOME OF THEM DOES NOT HAVE OCCUPANCY CERTIFICATE, SOME DOES NOT HAVE BASIC AMENITIES, SOME HAVE CONSTRUCTION DEFECTS AND SOME ARE UNDER LITIGATION.

HULIMAVU, BEGUR ROAD, BANGALORE SOUTH, WHERE THERE ARE THREE MAJOR RESIDENTIAL PROJECTS, LAUNCHED WITH FANFARE WAY BACK IN 2009 IS YET TO MATERIALISE.  APART FROM DLF, THERE ARE OTHER BUILDERS IN THE SAME REGION/AREA, WHO HAD ENCROACHED THE RAJA KALUVE AND MISREPRESENTED THE FACTS ABOUT THE WIDTH OF THE ROAD AND TRIED TO GET MORE FSI OR FAR AND WAS CAUGHT AND ARE DRESSING THEIR WOUNDS.

 BUT THE INNOCENT BUYER, WHO, BASED UPON THE BUILDER`S (MISQUOTED) CREDIBILITY AND COLOURFUL BROCHURE, BORROWED HOME LOAN/LOANS AND PAID THESE BUILDERS, ARE YET TO SEE THE LIGHT OF THE DAY OR GET THE POSSESSION OF THE APARTMENTS.  

IN CASE OF ANOTHER BUILDER, THE CRIMINAL CASE INSTITUTED BY THE BMTF, JUST GOT OVER AND THE PLAINTS ARE THINKING OF ANOTHER SUIT AGAINST THIS BUILDER AND GOD ONLY KNOWS, WHEN HE WILL COMPLETE AND HAND OVER THE PROJECTS AS WAS DEPICTED IN THE BROCHURE.

ALL THESE BUILDERS ARE VIGOROUSLY MARKETING THEIR PRODUCTS AND THE INTERNET`S REAL ESTATE WEBSITES CARRY THE DETAILS (for money) EXCEPT THEIR MISADVENTURE AND NON DELIVERABLE PROMISES.

REAL ESTATE MARKET IS ABUZZ WITH LARGE QUANTITIES OF UNSOLD (COMPLETED) APARTMENTS AND THE RENTS ARE HALVED IN MANY AREAS.

DLF & SAUDELA CONSTRUCTIONS AND BMTF


THE BMTF CHIEF HAS WRITTEN TO THE CHIEF SECRETARY,GOVT OF KARNATAKA, ON THE ALLEGED VIOLATIONS OF THESE (3)(DLF, SAUDELA AND THE OTHER)BUILDERS AND HAVE REQUESTED THE CS TO TAKE IMMEDIATE ACTION AGAINST 27 ERRING OFFICIALS INCLUDING THE FORMER BDA CHIEF, MR.BHARAT LAL MEENA. 

IT CAME AS A SURPRISE THAT THE TAINTED, THE ARRESTED AND THE  RELEASED TOWN PLANNING MEMBER HAS BEEN REINSTATED BY THE GOVERNMENT. THE GOVERNMENT HAS SOUGHT THE CONCRETE DOCUMENTS AND EVIDENCE AGAINST THE OFFICERS WHO ARE INVOLVED IN DLF & SAUDELA ROAD WIDENING AND ENCROACHMENT SCAM, TO INITIATE ACTION.

THE CIVIC ACTION GROUP WHICH HAD ISSUED A PRESS PUBLICATION HAS STATED THAT THE GOVERNMENT MUST IMMEDIATELY TAKE STEPS AND STOP THE CONSTRUCTION.  BUT, INSPITE OF BMTF CRIMINAL CASE AND LOKAYUKTA INVESTIGATION, NONE OF THE ALLEGED CULPRITS HAVE BEEN ARRESTED. THE ALLEGED VIOLATORS ARE ROAMING FREE. 

IT IS ALSO SAID THAT THE VIOLATORS ARE WIELDING INFLUENCE ON THE OFFICERS NOT TO INITIATE ANY ACTION.  THE ALLEGED VIOLATORS HAVE MISREPRESENTED THE FACTS WITH A CLEAR INTENT OF DECEPTION TO OBTAIN FINANCIAL GAINS AND HAVE NOT BEEN ARRESTED TILL DATE.

IT IS A MIRACLE THAT THEY ARE COLLECTING MONEY BY GETTING THE SALE AGREEMENTS SIGNED BY THE BUYERS.  THE BUYERS, WHO ARE ALSO THE BENEFICIARIES OF THESE VIOLATIONS ARE TRIGGER HAPPY TO SIGN THE SALE AGREEMENT AS THEY ARE GETTING THE PROPERTY FOR A LESSER PRICE.

IN SOME CASES, THE ALLEGED VIOLATORS ARE MISLEADING THE BUYERS, ARE COMPELLING THEM TO SIGN THE SALE AGREEMENT, WHICH IS TOTALLY UNFAIR AND ONE SIDED AND ARE DEMANDING PAYMENT.  MANY UNSUSPECTING BUYERS, WITHOUT THE KNOWLEDGE AND THE INTENSITY OF THE LEGAL BATTLE GOING ON IN THE CMM COURT(CRIMINAL CASE), LOAKYUKTA COURT AND HIGH COURT ARE SIGNING THE AGREEMENTS.

THE ALLEGED VIOLATORS ARE GOING AHEAD WITH ILLEGAL CONSTRUCTION WITH AN INTERIM STAY ORDER FROM THE HIGH COURT.  ONE OF THE BUILDER DOES NOT EVEN HAVE A VERY IMPORTANT CLEARANCE FROM THE BBMP. 

THE MARKETING TEAM FROM THE ALLEGED VIOLATORS/BUILDERS ARE NOT EVEN AWARE OF THE CRIMINAL CASES AGAINST THE COMPANY AND THE PROJECT AND ARE COLLECTING HUGE SUMS OF MONEY AND GOD ONLY KNOWS WHETHER THESE PROJECTS FINALLY FINDS THE SUNSHINE OR GROPE IN DARKNESS WITH FULL FLEDGED LITIGATION.

THE CIVIC ACTION GROUP HAS WRITTEN A LETTER TO BESCOM NOT TO SUPPLY POWER BASED ON THE CRIMINAL CHARGES IN CMM COURT, LOKAYUKTA COURT AND HIGH COURT.  THEY HAVE REQUESTED THE AUTHORITIES NOT TO SUPPLY POWER.

IT HAS ALSO COME TO LIGHT, THEY HAVE APPROACHED THE RESERVE BANK OF INDIA, TO INITIATE AND TAKE SUITABLE ACTION AGAINST SOME OF THE BANKS WHO ARE SANCTIONING HOME LOANS TO THESE PROJECTS AND HAS REQUESTED THE RBI TO RECALL THE LOAN SANCTIONED, FROM THE BORROWERS.

ONE OF THE ALLEGED VIOLATORS AND BUILDERS DOES NOT PRODUCE OR SUBMIT ANY DOCUMENT TO THE BUYERS FOR LEGAL VERIFICATION AS IF, IT CONTAINS THE ATOM BOMB FORMULA, IN A BID TO CONCEAL AND HIDE THE FACTS ABOUT THE PROJECT.