Effectively everyone, i.e.. even a new flat owner is a tenant in bombay because even his property will be subjected to redevelopment in 30 years unless declared unfit by corrupt officials. The only way to hedge this risk is to keep selling your flat every 5-10 years and buy a new one probably at the same price in the same locality. Redevelopment is effectively a buyout of property by builder on credit. Under companies ACt if someone buys out the majority of shares (or merger happens) then dissenting shareholders gets exit in CASH. However, this option isnt available for dissenting flat owners. This is the major drawback of redevelopment rules that should have provided exit to them but then builder/authorities will play around the exit price and may defraud the dissenting flat owner. Thus, except for reselling your flat every 5 years to protect your capital value, location and flat area there is no other option if you want to survive in places like mumbai
Gov rules layenge toh people like you abuse govt and do agitations and cause discomfort to common people and force govt to repeal laws like farm laws. So don't expect any such reforms now. People like you deserve to be screwed by builders only.
No country in world history voted same PN to third time. Only stupid indians done it. Bcz congress ne road light diya hi nai tha wo Bjp ne dediya to logo ko bhagwan lagne lage ..
However, now under the revised Development Control Rules (DCR 33/5), the State Government has incentivized the residents to approach the MHADA authority with redevelopment proposals. If redevelopment is undertaken through MHADA, residents will get an additional 15 per cent carpet area.
very frank video. such is the situation in incredible India. society concept is becoming a total failure in India. managing committee members are also rouges in majority of the cases because other members don't want to speak out ,and observe goody goody culture.
Sir Please make a video on options which Paghdi Tenants can take to safeguard their interests when Landlord directly sells a 90-year-old,but not a dilapidated building to builder.
Best solution is that society should build the building at its own without participation of any builder. Premises land and money of members shall remain safe.
Sir I like your practical approach. I am in confusion. Presently I donot have any house of my own even from parental source. I am from Bangalore I wanted to buy a resale property which is 17 yr. old at 65 L rs. Shall I buy this property 🙏🙏🙏🙏
amazing, very practical narration. Krish, appreciate if u can you pl make a vdo on practical precautions to be taken (eg non reducing bank guarantee , etc) by honest society committee while dealing with re-developer if we decide to go for development.
Sir Please Retirement kaise plan kare uspe video banaiye - After 30 kitna paisa retirement planning wale products mai lagana chaiye - Plan buying guide type video banaiye
Sir true its my story 😢 we purchased flat from ruperal optimal new project rest what u told we went many places but no reply we have applied to the supreme court 😢 no reply
Gullible residents get taken for a ride. Govt. should step in to regulate this space, cause residents are not experts in understanding the process whether technical or legal or commercial
Why drag the ethnic cleansing of minority hindus from kashmir into the discussion. They are not expecting your sympathies but at least do not trivialize their suffering. The rights of the coop members need to be protected, and i am surprised that their are no clauses in the agreement where the coop can change the builder for delays. I am told that such safeguards can be built in.
Why eknath shinde and modi is not able to do anything for consumers. My redevelopment builder said by agreement area is wrong he is calculated my area 100 sqft ahort but my artitect says this is builder and society members fraud
I agree it's a very risky exchange of flat....current old flat for future new bigger flat. The reason people agree for this is there are 8 successful examples for every 10 redevelopment
You are mainly referring to redevelopment projects executed by 'fly-by-night' kind of builders who are 'appointed' by society's managing committee due to vested interests. These are not builders but thugs in the garb of developers who buy out and pocket the MC members. Being an architect i have seen first hand many redevelopment projects completed (maybe with a slight delay) to the satisfaction of all concerned parties, projects executed in the most professional manner. The picture is not as scary as you paint it to be. The key point is to select and appoint a reputed, resourceful, financially very sound developer with a proven track record of more than 20-25 years. And everything done professionally and with transparency. Then everything falls into place. The way you have put it as if redevelopment projects are totally impossible.
Society should sell the underlying land at its best negotiated market price to the builder, and distribute the sale proceeds among the flat-owners in proportion to their carpet area. A few months after flat owners receive the full amount, they should then vacate their houses and let the builder demolish the building, and do whatever he wants with the land. Transaction is complete, everybody is free to go into the future.
Aap wahi jagah par rehna kyun mangte hai?builder ko market price se dus guna bech do,phir apna pasand sasthi jagah par jao,paise bachao aaraam ki jindgi jio! property gain tax to lagtha hi hai.builder ko dene se accha government ko do.builders apne bacchon ke liye sab kuch kamata hai auor society members apne bacchon ke kacheri ka adda ghoomne chod deta hai bechare kacheri ghume ya daftar ghoome!
Your vedios are good,but you are almost silent on governments part the other question is every thing has MRP a simple Soap cack also have mrp but such a essential item is completely no limit of price and conditions.A buyer can't get justice from any institution at present,all of them were become almost mock institution
Krishnaraj Rao Tum ne bohot duniya Dekhi hai Ek din Mai movie banau ga The Builder Files Pehle kam se kam Builders Bhai Log Se dar te to the Abhi Khule sand ho Gaye Hai Builders Aur Police Bhai log ho Gaye Hai
We pay taxes like "England" to get services like "Somalia" किसी एक गलत बंदे के हाथ में कंट्रोल दे दिया लोगो ने तो परिणाम तो भुगताना ही पडेगा. 35% + टॅक्स देणे के बाद भी हमे कैसा infrastructure मिल रहा है ? RTO tax, VAT, SESS, GST, import, export इतने टॅक्स देणे के बाद भी यदी NHAI रोड बनाने के लिये loan लेता है तो हमारा टॅक्स जा किधर रहा है ? भारत देश अब टॅक्स Terrorism कॅपिटल हो गया है 😢 कितने तो HNI लोग देश छोड के जा रहे हैं. 2024 budget was one of the worst budget in last 10 years. बोहोत हुवी टॅक्सेस की मार ... ना जितेगा बिजेपी ... ना बनेगी बिजेपि सरकार. BJP started their journey from 300 --> 240 ---> 120😅 I will be pressing NOTA option in elections from here oneards.
You always go against builders for your vested interest.Always say negetive and not a positive point You are talking about petty builders who are always be of same mentality of cheating people like you. What will people do when the existing buildings are in depleted condition??? Don't mislead people for your vested interest.
He is just exposing the black side of the housing construction business.... and believe it there are quite a large number of such cases... He is an activist and not a builder and unless the people are made aware of this they are likely to fall prey to it .
It seems you are a developer. You are doing the same thing. Lot of cheaters have become developer in New Town, Kolkata under the patronage of present ruling party.
He doesn't speak against all builders , only a few of the new ones. Very similar to mahua moitra accepting gifts from Hiranandani & targeting Adani. There has always been issues with real estate especially in Mumbai and what we need are solutions.
@@ramdasrozatkar2647all activists are shills. The biggest green activists in Mumbai applaud Hiranandani for destroying the forests in Powai while opposing cutting of trees for a 🚇 shed. Private benefit trumps public good for them.
![[TH] 2024 PMSL SEA Finals D1 | Fall | ยิงต้องโหด ให้เหมือนโกรธกันมาก่อน](http://i.ytimg.com/vi/OnTdfGySmds/mqdefault.jpg)
Sir, you are so factual. It's a great service to empower people by educating them. Great job
Effectively everyone, i.e.. even a new flat owner is a tenant in bombay because even his property will be subjected to redevelopment in 30 years unless declared unfit by corrupt officials.
The only way to hedge this risk is to keep selling your flat every 5-10 years and buy a new one probably at the same price in the same locality.
Redevelopment is effectively a buyout of property by builder on credit. Under companies ACt if someone buys out the majority of shares (or merger happens) then dissenting shareholders gets exit in CASH. However, this option isnt available for dissenting flat owners. This is the major drawback of redevelopment rules that should have provided exit to them but then builder/authorities will play around the exit price and may defraud the dissenting flat owner.
Thus, except for reselling your flat every 5 years to protect your capital value, location and flat area there is no other option if you want to survive in places like mumbai
Government should come out with new rules so that such things are avoided
Gov rules layenge toh people like you abuse govt and do agitations and cause discomfort to common people and force govt to repeal laws like farm laws. So don't expect any such reforms now. People like you deserve to be screwed by builders only.
This is my story 😢😢
The main problem is MAJORITY VOTE and many time it is pseudo majority vote.
Tyranny of Majority.
No country in world history voted same PN to third time. Only stupid indians done it. Bcz congress ne road light diya hi nai tha wo Bjp ne dediya to logo ko bhagwan lagne lage ..
Society mc members power is too much power each members takes 5 crore from builder or takes extra flat with double value from builder
@@RajaHindustani176😅😅
Sir, you are doing a great work !!!
Hats off Krishna sir. To counter such malpractices, the flat owners consent must be against bank guarantee.
However, now under the revised Development Control Rules (DCR 33/5), the State Government has incentivized the residents to approach the MHADA authority with redevelopment proposals. If redevelopment is undertaken through MHADA, residents will get an additional 15 per cent carpet area.
Little lengthy, but worth watching 👍
No this case happened with u I want to watch more 😢😢 u don't know we don't have ur home since 10years we are struggling 😢
very frank video. such is the situation in incredible India.
society concept is becoming a total failure in India. managing committee members are also rouges in majority of the cases because other members don't want to speak out
,and observe goody goody culture.
Sir, the knowledge you shared is for benefit of others... Dil se share kiya hai... May God bless you🙏
Thanks, its an eye opener for a Hyderabadi such as me, as by & large our flats are not that old, say 80+ years,
Sir Please make a video on options which Paghdi Tenants can take to safeguard their interests when Landlord directly sells a 90-year-old,but not a dilapidated building to builder.
A redevelopment project must go through MAHADA. So that builder lobby doesn't get benefits and such benefits pass to common people...in maharashtra
BMC is corrupt and you are adding Mahada which is most corrupt organization , looks like you do not have any idea abt Mahada
Firstly construction cost should be taken from builder n release it construction floor wise
भाई साहब नोएडा उत्तर प्रदेश में भी यही हालात थे योगी ने आगे सब को ठीक कर दिया
🔥🔥
Laal salaam sir ! Glad you sticking to your expertise and helping people, you social and family advise was a riot😂 and entertaining!
Amazing video. Good work
People do not unite for re-development by themselves and hence pay the price
So if a building has become very old or has many issues like leakages etc what is the solution?In that case no one will buy the flat either
Best solution is that society should build the building at its own without participation of any builder. Premises land and money of members shall remain safe.
Their should be some kind of insurance clause till the project get completed the builder should be able to give some kind of assurance
Yes my friend gave for redevelopment after 10years her flat ,builder left in half😢
Sir I like your practical approach. I am in confusion. Presently I donot have any house of my own even from parental source. I am from Bangalore I wanted to buy a resale property which is 17 yr. old at 65 L rs.
Shall I buy this property 🙏🙏🙏🙏
Ok to buy resale. Just check when the building is going for redevelopment if it is going for redevelopment soon then stay away.
Sir there is one girl 24 yrs old should i marry? How someone tell you just chalte firte on comment? You have to know all details to answer.
Toh sir jab ka flat purana ho jayega toh aap khud kya karenge..
amazing, very practical narration. Krish, appreciate if u can you pl make a vdo on practical precautions to be taken (eg non reducing bank guarantee , etc) by honest society committee while dealing with re-developer if we decide to go for development.
आपने 100%सही बात की है,मेरे साथ भी ये ही हो रहा है,बिल्डर ये ही काम कर रहा है।
Thank you sir. Stay blessed always.
THANK YOU KRIS SIR. EYE OPENING INFORMATION.
You are correct 💯
This the money which speaks
Sir Please Retirement kaise plan kare uspe video banaiye - After 30 kitna paisa retirement planning wale products mai lagana chaiye - Plan buying guide type video banaiye
Sir true its my story 😢 we purchased flat from ruperal optimal new project rest what u told we went many places but no reply we have applied to the supreme court 😢 no reply
great sir
always insist on iod and full cc tdr loaded before vacating
Sir I respect you ❤
Redevelopment hota hai Sir, bada builder ko select karna zaroori hai. Creditibility dekhna zarori hai.
41:10 hits hard. Maine abhi tak apna pehla ghar nahi liya hai, par ab darr hi lag raha hai. Inke upar action hona chahiye.
same here. flat le ya na le isika fear hai
Too lenghty, but good
Sir , please keep the good work going🎉
Santacruz East me Mirabilies building ke Ozone builder ne issi tarah bevkuf bana rakha hai,kya kare
Excellent talk sir
Just run away to some smaller places. Never buy anything from any builder including flat plot or commercial. Your life will become hell.
What is the best way to buy?
Gullible residents get taken for a ride. Govt. should step in to regulate this space, cause residents are not experts in understanding the process whether technical or legal or commercial
Well guided, thanks.
Why drag the ethnic cleansing of minority hindus from kashmir into the discussion. They are not expecting your sympathies but at least do not trivialize their suffering.
The rights of the coop members need to be protected, and i am surprised that their are no clauses in the agreement where the coop can change the builder for delays. I am told that such safeguards can be built in.
❤❤❤❤❤ sir god bless you
Nice practical content🎉🎉
Salute to you
United we stand divided we fall ,sath rehna sikho society walo
Solution kya hai
Nice ❤ pratical side
Government always frame rules for own benefit
Yes sir u r true😢😢 ruperal builder have done cheating with me 😢😢😢
WhatsApp me on 8169471229
Why eknath shinde and modi is not able to do anything for consumers.
My redevelopment builder said by agreement area is wrong he is calculated my area 100 sqft ahort but my artitect says this is builder and society members fraud
Bhai ek no
Koi nahai utha ye ga
Na CPI Na Shivsena Congress BJP
Sab mile hue hai 😢
I agree it's a very risky exchange of flat....current old flat for future new bigger flat.
The reason people agree for this is there are 8 successful examples for every 10 redevelopment
Each each word is true.
What is the solution pls tell sir
Good morning
Thank
100% correct.
How can anyone say a dream house/home to a flat,😅 Here they can do nothing of their choice except interior paint😢 Live Train Birth😅
Yesterday couple who are outsider comitted suicide in runwal forest kanjur boy jumped but girl dint
You are mainly referring to redevelopment projects executed by 'fly-by-night' kind of builders who are 'appointed' by society's managing committee due to vested interests. These are not builders but thugs in the garb of developers who buy out and pocket the MC members.
Being an architect i have seen first hand many redevelopment projects completed (maybe with a slight delay) to the satisfaction of all concerned parties, projects executed in the most professional manner.
The picture is not as scary as you paint it to be.
The key point is to select and appoint a reputed, resourceful, financially very sound developer with a proven track record of more than 20-25 years. And everything done professionally and with transparency. Then everything falls into place.
The way you have put it as if redevelopment projects are totally impossible.
Ap bahut sacchi bat bol rahe ho
Bahot dangerous h middle class ka koi nahi 😢
इस देश में नेता और अधिकारी वैसे ही खरबोंपति हैं
What is solution
State Govt themselves making money
He said already many people destroy everything fighting the builder
Sir good 👍
Thanks Sirji
Solution ❓❓❓❓❓
I have fought and still my cases are in the courts.
I like you krish!
Sir after how many years a new flat goes under redevelopment?
For mivan construction - Approx 100 yrs
For red bricks - Approx 50 yrs
Now a days 30 years..
Have you suffered at the hands of builders? If ppl are foolish they dont check all the boxes and without it go ahead n select the builder
What is the proper procedure for redevelopment.
Society should sell the underlying land at its best negotiated market price to the builder, and distribute the sale proceeds among the flat-owners in proportion to their carpet area. A few months after flat owners receive the full amount, they should then vacate their houses and let the builder demolish the building, and do whatever he wants with the land. Transaction is complete, everybody is free to go into the future.
APNA COURT WORKING BOHAT HE HORRIBLE HAI. RERA KI BAAT BUILDER SUNTA HE NAHI HAI. THIS IS MY EXPERIENCE.
Aap wahi jagah par rehna kyun mangte hai?builder ko market price se dus guna bech do,phir apna pasand sasthi jagah par jao,paise bachao aaraam ki jindgi jio! property gain tax to lagtha hi hai.builder ko dene se accha government ko do.builders apne bacchon ke liye sab kuch kamata hai auor society members apne bacchon ke kacheri ka adda ghoomne chod deta hai bechare kacheri ghume ya daftar ghoome!
Rao Sir. Mahira sec 68, Gurgaon has taken full payment but construction work is stalled. Now what to so.?
Todays redevelopment fact
39.00 to 40.16
43.00 to 44.00
Right sir
builder matalb ek jaal h 🕸️🕸️ji m ghar lene bala fasta hi h sir
हमारे यहा भी 100% येही गो राहा है. लोकल बाजप आमदार कमिटी और बिल्डर कि वजह से... मोदी spaces
👍
Video as long as a movie
?soldsbitime place purpose programmable cbdc slavery safaesi act land grab coinage act development=destruction, depopulation NRC CAA
Hamara khudka ye halt hai
Your vedios are good,but you are almost silent on governments part the other question is every thing has MRP a simple Soap cack also have mrp but such a essential item is completely no limit of price and conditions.A buyer can't get justice from any institution at present,all of them were become almost mock institution
?jobHAARP, Sun Dimming, Chemtrail, Blue Beam projects, slavery paper currency act Indian penal code loan land grab
Very informative .
Krishnaraj Rao
Tum ne bohot duniya Dekhi hai
Ek din Mai movie banau ga
The Builder Files
Pehle kam se kam Builders
Bhai Log Se dar te to the
Abhi Khule sand ho Gaye Hai Builders
Aur Police Bhai log ho Gaye Hai
We pay taxes like "England" to get services like "Somalia"
किसी एक गलत बंदे के हाथ में कंट्रोल दे दिया लोगो ने तो परिणाम तो भुगताना ही पडेगा.
35% + टॅक्स देणे के बाद भी हमे कैसा infrastructure मिल रहा है ?
RTO tax, VAT, SESS, GST, import, export इतने टॅक्स देणे के बाद भी यदी NHAI रोड बनाने के लिये loan लेता है तो हमारा टॅक्स जा किधर रहा है ?
भारत देश अब टॅक्स Terrorism कॅपिटल हो गया है 😢
कितने तो HNI लोग देश छोड के जा रहे हैं.
2024 budget was one of the worst budget in last 10 years.
बोहोत हुवी टॅक्सेस की मार ... ना जितेगा बिजेपी ... ना बनेगी बिजेपि सरकार.
BJP started their journey from 300 --> 240 ---> 120😅
I will be pressing NOTA option in elections from here oneards.
BJP bhagao desh bachao
You always go against builders for your vested interest.Always say negetive and not a positive point You are talking about petty builders who are always be of same mentality of cheating people like you. What will people do when the existing buildings are in depleted condition??? Don't mislead people for your vested interest.
U seem to be one of THOSE developers. 😂
He is just exposing the black side of the housing construction business.... and believe it there are quite a large number of such cases...
He is an activist and not a builder and unless the people are made aware of this they are likely to fall prey to it .
It seems you are a developer. You are doing the same thing. Lot of cheaters have become developer in New Town, Kolkata under the patronage of present ruling party.
He doesn't speak against all builders , only a few of the new ones. Very similar to mahua moitra accepting gifts from Hiranandani & targeting Adani.
There has always been issues with real estate especially in Mumbai and what we need are solutions.
@@ramdasrozatkar2647all activists are shills. The biggest green activists in Mumbai applaud Hiranandani for destroying the forests in Powai while opposing cutting of trees for a 🚇 shed.
Private benefit trumps public good for them.