How much relief to buyers on the orders of the Supreme Court will investigate the CBI Bank-Fuilder coalition? .
On Tuesday, the Supreme Court provided great relief to the home buyers. The court has ordered a CBI probe into the alliance between banks and builders. Justice Suryakanth and Justice N. The court first discovered that there was a cooperation between banks and builders in Noida, Gurgaon, Yamuna Highway, Greater Noida, Mohali, Mumbai, Kolkata and Pretagraj. The court has warned both the bank and the builder that there will be strong action if buyers are cheated.
After this order of the Supreme Court, what would be the benefit of millions of home buyers. Aj Tak spoke to home buyers and experts about this.
‘If you work within the deadline …’
Property expert Pradeep Mishra says that Rara is already present, but people are not benefiting. In such a situation, after the Supreme Court order, people’s confidence has increased. But if this order comes to a reality on the ground, it will benefit. If you work within the deadline, it will provide a lot of relief to homes. After this order, transparency in the real estate industry is now expected. The Supreme Court is strict, so now the builders will be aware of their plan and try to give it timely. At the same time, banks will be cautious about lending, recognizing the same scheme, and its documents are correct. With this, buyers will not be trapped by booking apartments in the wrong plan.
What do flat buyers say?
Nephova (Noida Extension Flat Owners Welfare Association) has been operating for many years for the rights of flat buyers in Noida. Nepho’s vice president Deepangar said that this order of the Supreme Court is a good news for the home buyers. Because of this, millions of buyers who have earned the hard earned money have mobilized some hope. But what a complex is that the speed of the CBI investigation is very slow. If we find their old track record, we have some doubts at their speed. Yes, if there is an inquiry under the supervision of the Supreme Court, we hope it is a favorite of buyers.
https://www.youtube.com/watch?v=30xkxf0mlo
Another house buyer Deepika says- banks have been taking money from buyers for years. After all, why the bank does not stand with consumers. Buyers have such a situation, and his money is not even available to a home. The court must take care of the middle class people. The biggest problem is that the bank does nothing. He only takes money from us. If buyers stop the money, it is fined.
Read: Delhi-NCR Home Buyers Big Relief
Rudra Palace Hyds House Buyer Neeraj-Sub-Work Scheme has been the biggest fraud. In this scheme, the builder also took 80 percent of the money, filling the interest house. In this, the bank has rejected its flour and the builder ran with money. We have more confidence from this order of the Supreme Court. The bank also takes the money after laminated. This fraud is also in the CLP scheme, and after the Supreme Court’s order, there must be a proper inquiry and we hope that we will get relief for the home buyers.
https://www.youtube.com/watch?v=ppmor3xpfne
Millions of people caught money
Let us know that there are millions of housing projects across the country, in which people have invested money, but they have not come home or have not returned the money. The story comes from large cities such as Mumbai, Pune, Noida, Greater Noida, Gurukram, where builders are launching new projects by making big promises, people buy houses by placing all their savings, but then their builder has been released. There are many such projects, their builder plans have escaped incomplete, and now people are forced to visit the court.
The Supreme Court has already stated that thousands of householders have been affected by a sub -scheme in the previous inquiry, in which banks offer 60 to 70 percent of house loans. The project is not completed in time.
