The opposition parties demanded a discussion on the alleged illegalities and encroachment by DLF in Bangalore South and sent a request to the Speaker, which was rejected and the opposition raised the issue in the legislative assembly and was promised that their submission will be looked into. It is further alleged that one powerful politician … Continue reading DLF-HULIMAVU-BEGUR-BANGALORE SOUTH – ROCKS THE ASSEMBLY – SPEAKER REFUSES PERMISSION FOR THE DISCUSSION
THE INVESTORS AND BUYERS ARE WOOED BY THE BUILDERS WITH ALL UNWORLDLY AMENITIES, WHICH ARE NEITHER AVAILABLE NOR COULD BE USED BY THE BUYERS, COMING UP WITH PRE LAUNCH PROJECTS, ALL ACROSS BANGALORE. THE UNSOLD INVENTORY (UNSOLD APARTMENTS/VILLAS/SITES) IS ALMOST TOUCHING A LAKH SOON AND THE DEVELOPERS ARE IN GREAT FINANCIAL TROUBLE OR MESS, WITH … Continue reading FREE LUNCH PROJECTS – FREE LUNCH FOR THE DEVELOPERS ONLY !!!!!!!!!!
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, … Continue reading MORE PRE LAUNCH PROJECTS – YET TO COMPLETE –
NO WATER - NO ELECTRICITY - NO OCCUPANCY CERTIFICATE ONLY FALSE PROMISES FREE BALAJI DARSHAN AT BANGALORE A NEWS REPORT IN PRAJAVANI, KANNADA NEWSPAPER ON 18-04-2015 CARRIED A PUBLICATION ON THE DLF MATTERS Aggrieved buyers of flats in DLF Westend Heights New Town on Bannerghatta Road staged a protest demanding completion of the project and … Continue reading DLF – BANGALORE SOUTH – BEGUR – THE APARTMENT BUYERS PROTEST
THE HONEST AND GENUINE BUYERS OF APARTMENTS/FLATS WILL BE IN FOR ROYAL JOLT, IF THEY CHECK THE CREDENTIAL OF THE BUILDERS/DEVELOPERS REGARDING TAX COMPLIANCE. MAJORITY ARE TAX EVADERS AND IF FOUND OUT, THEY WILL ELIMINATE THE OFFICER AS THEY DID TO LATE.D.K.RAVI. IT IS THE LAND/BUILDERS MAFIA. THEY MUST BE INVESTIGATED BY THE COMMERCIAL TAX … Continue reading FLAT/APARTMENT BUYERS/PURCHASERS – VAT AND SERVICE TAX PAID BY YOU HAS BEEN DEPOSITED WITH THE GOVT
VAT TAX THE COMMERCIAL TAXES DEPARTMENT HAS WOKEN UP AND RAIDED SEVERAL BUILDERS LIKE MANTRI, DS MAX, EMBASSY AND NITESH AND COLLECTED OVER 140 CRORES IN THE ARREARS OF VAT COLLECTED BY THESE BUILDERS FROM THE BUYERS OF THE PROPERTY. IT IS TO BE NOTED THAT THESE BUILDERS COLLECT THE VAT OR COMMERCIAL TAX FROM … Continue reading TAX EVADERS (LEADING CREDAI BUILDERS) IN THE NET
IT HAS BEEN WIDELY REPORTED THAT THE COMMERCIAL TAXES DEPARTMENT HAS INITIATED PROCEEDINGS AGAINST THE REALTY MAJOR `xxxxx` AT BANGALORE FOR THE RECOVERY OF TAXES ON ITS PROJECTS ON DEVANAHALLY ROAD AND OTHER AREAS. AS REPORTED EARLIER, NOTICES HAD BEEN ISSUED TO FEW REAL ESTATE COMPANIES IN BEGUR, BANNERGATTA ROAD AND THE DEPARTMENT IS INVESTIGATING … Continue reading XXXXXX (REAL ESTATE) RAIDED BY COMMERCIAL TAXES
THE COMMERCIAL TAXES DEPARTMENT MIGHT ISSUE A DEMAND NOTICE FOR THE COLLECTION OF VAT Etc., TO THE DLF, IN RESPECT OF ITS RESIDENTIAL PROJECT AT HULIMAVU, BEGUR HOBLI, BANGALORE SOUTH THALUK SOON. THE SAME TREATMENT WILL BE METED OUT TO THE OTHER PROJECTS IN THE SAME ROAD SOON.
DLF APPEAL DLF has sought interim relief from the Securities Appellate Tribunal (SAT) to allow it to redeem funds locked in mutual funds and other instruments. Pleading for relief, DLF, said it needed to redeem funds, including around Rs.2,000 crore locked in mutual funds as also through redemption of some bonds worth thousands of crores, … Continue reading THE REALTY MAJOR PREFERS AN APPEAL BEFORE SAT FOR RELEIF
THE REALTY MAJOR IS AGAIN IN THE NEWS FOR ALL THE WRONGS!! SEBI-THE MARKET REGULATOR HAS DETECTED NON COMPLIANCE AND BANNED DLF FROM ALL THE TRANSACTIONS FROM THE MARKET.
DLF – THE REAL ESTATE MAJOR – GOT THE SLAP FROM THE PUNJAB AND HARYANA COURTThe Punjab and Haryana High Court has directed Haryana government to cancel the allocation of 350 acres of land in Gurgaon to real estate major DLF. The court further directed the state government to invite fresh bids for the property. … Continue reading ALLOCATION OF LAND CANCELLED TO DLF
The Supreme Court of India has penalized the real estate group DLF Rs. 630 Crores for indulging in unfair trade practices and exploiting its dominant position to the disadvantage of its customers in its projects and was slapped a penalty of Rs630 Crores by the Regulator Competition Commission of India.The DLF agreements are one sided … Continue reading SUPREME COURT OF INDIA PENALISED DLF – A REAL ESTATE GROUP – DIRECTED IT TO DEPOSIT RS.630 CRORES FOR UNFAIR TRADE PRACTICES IN REAL ESTATE TRANSACTIONS
DLF, A REALTY COMPANY ENGAGED IN THE CONSTRUCTION AND SALE OF RESIDENTIAL AND COMMERCIAL SPACES GOT ENTANGLED AGAIN BY IMPOSING UNFAIR CONDITIONS TO THE BUYERS OF THE COMMERCIAL SPACE IN DELHI, BROUGHT THEM TO THE CCI BOX FOR A FRESH PROBE. EARLIER, THE BUILDER WAS PENALISED BY THE CCI, BUT AS USUAL IS UNDER APPEAL. … Continue reading DLF – A REALTY MAJOR IS UNDER PROBE BY CCI FOR UNFAIR TRADE PRACTICE
PLEASE BE CAREFUL AND CONDUCT DUE DILIGENT EXAMINATION AND THE SCRUTINY OF THE DOCUMENTS, APPROVALS AND COMPLIANCE OF THE PRE LAUNCH OFFERS FROM UNKNOWN, LITTLE KNOWN, DISREPUTE OR STRANGE GROUPS. DO NOT MAKE ANY PAYMENT OR NOR GIVE ANY MONEY, UNDER ANY CIRCUMSTANCE WITHOUT PROPER AND DILIGENT TITLE CLEARANCE AND APPROVALS FROM THE APPROPRIATE DEPARTMENTS … Continue reading CAUTION – APARTMENT BUYERS – PRE LAUNCH OFFERS FROM LITTLE KNOWN OR UNKNOWN GROUPS
THE COMPETITION COMMISSION OF INDIA REWRITES THE SALE AGREEMENT OF DLF- ANOTHER KICK TO THE REALTY MAJOR FOR MISUSING ITS DOMINANCE !!!! BELAIRE OWNERS’ASSOCIATION .…. INFORMANT VS. DLF LTD. …. OPPOSITE PARTY-1 HARYANA URBAN DEVELOPMENT …. OPPOSITE PARTY-2 AUTHORITY DEPARTMENT OF TOWN & COUNTRY …. OPPOSITE PARTY-3 PLANNING, STATE OF HARYANA Through:- Shri … Continue reading DLF AGREEMENTS ARE BIASED AND UNFAIR – COMPETITION COMMISSION OF INDIA
THE GREATEST DEVELOPERS AND BUILDERS WILL NOT PROVIDE THE DOCUMENTS FOR BUYERS AS THEY CONTAIN ATOM BOMBS !!!!!!!!!!!!!! YES. IT IS TRUE. THEY HAVE BOMBED THE HOPES OF MANY DECENT AND HONEST BUYERS!!!!!!!!! THEY HIDE, CONCEAL AND IN A BID TO DECEIVE, DOCUMENTS ARE NOT SUBMITTED FOR LEGAL EXAMINATION AND VERIFICATION AND THE BUYERS MUST … Continue reading UNTOLD HORRORS OF XXX & XXXXXXXX (XXXXXX CONSTRUCTIONS) -THE BOMBER COMMAND !!!
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 … Continue reading DLF & SAUDELA CONSTRUCTIONS AND BMTF
BMTF FILES FIR AGAINST MR.K.P.SINGH, CMD, OF DLF(BUILDER) FOR VIOLATIONS.
The DLF group is again in the news for unfair trade practice and for all wrong reasons. Mr.Satish Sharma, complained to the forum about booking a flat in Gurgaon and later found out that the DLF had abandoned the project and the forum has held a DLF group firm guilty of resorting to unfair trade practice for taking … Continue reading CONSUMERS FORUM FINES DLF
THE ORDER The facts of this case and the conduct of the OP-1, as discussed above, particularly the size and resources of OP -1 a n d the duration during which this abuse has continued to the advantage of DLF Ltd. and to the disadvantage of consumers, warrant imposition of a heavy penalty. Keeping, in … Continue reading DLF FINED BY CCI FOR HAVING UNFAIR CLAUSES IN ITS SALE AGREEMENTS TO THE BUYERS OF THE PROPERTIES