Generally the common man tends to overlook all such legal documents simply because he gets put off by the twisted complicated wordings which is a trap in itself. If any legal paper is long and boring, don't sign it. Call your lawyer and ask him/her to guide you. Learnt this lesson from this wonderful person called Krishnaraj Rao.🙏
Truly appreciate this honest content! Keep up the great work! Wanted to ask you - are there any HONEST builders at all (eg. Godrej, Hiranandani) or are all of them woven from the same cloth. Thanks.
I started watching this video with so much hope that there will be something fishy in the terms & conditions. But I agree to these terms and conditions and it is important in such big complexes. You or the builder will not want if a thief, womanizer, or gangster or any fishy person has bought an apartment besides yours, because you don't know who will be your neighbor after you get the possession. If there is a person staying right besides your house and has so many clashes with outsider gangs or so and comes to your floor and tries to create nuisance, will you like it? The clause of not clearly mentioning Allotment was a true concern in the terms, but other all things are useless to even mention here.
Most of the builders cant be trusted with under construction properties.. Perhaps Shapoorji and Rustomjee are the rare exception. Perhaps Godrej ...But Godrej dosent have any sense of timely delivery of construction.
Go to the builder with a bouncer when you book a flat. If it's not possible write a complaint to RERA along with a copy of this letter. If both are not possible go with a press reporter. Wonderful sir. Thanks for exposing these bustards.
Thanks Krishnaraj ji, i think instead of paying leafy token amount of 2lac - 5 lac. We can pay the 5k-10k amount initially and justity them this is more then enoght to issue allotment letter. To make then fail in line. There is no rule for minimum token amount by govt also same rule should follow for while/before preparing aggrement. We can save our head a lot Thanks
Builder and real estate market is totally seller dominated market, unko koi garaj nahi hai mal bech ne ki.Sab advance mai chalta hai. Pehle paise 3 years after delivery or possession
How does it matter if a person is convicted for a crime and done prison time while buying a house? Law doesnt prohibit it, then why Runwal is trying to be Moral Police😂
Builder ko 5000 home Buyer mai se 4 to 5 flat buyer se bitter experience hua hoga isliye unhone sab ko chor, criminal, badmash samaj liye hai. Aur usse tone Mai inki language hai
. Main Idea: Krish exposes how Runwal Group, a real estate company, misleads and disrespects flat-buyers through deceptive practices in their allotment letters and other documentation processes. . Detailed Summary: Krish begins by criticizing the Runwal Group for how they treat their customers, highlighting how the company takes advantage of buyers' trust and money. He explains that the allotment letters sent to customers are filled with misleading terms and vague language designed to avoid committing to any real responsibility. **Process and Issues in Allotment:** - **Application Form Misleading:** Buyers sign application forms believing they will receive a flat allotment. However, the form only acknowledges the buyer’s interest in a specific flat without confirming the allotment. - **Vague Language in Allotment Letters:** The allotment letter thanks buyers for their interest and states that the company is "agreeable" to reserve the flat, but never explicitly confirms the flat reservation. - **Conditional Statements:** The allotment is subject to timely payments and municipal approvals, making it clear that the reservation is not final. - **Representation and Warranty Claims:** The letter falsely claims that buyers have made various representations and warranties, such as not being prohibited by law from acquiring the flat, not being insolvent, and not having any legal issues that could prevent the transaction. **Misleading Terms and Conditions:** - **Moral Turpitude Clause:** The letter includes conditions related to the buyer’s moral character, stating that the flat allotment can be canceled if the buyer is involved in any immoral or illegal activities, which is an unreasonable demand for a property purchase. - **Additional False Claims:** The letter falsely states that buyers have inspected all documents related to the project and are satisfied, which is usually not the case. **Overall Criticism:** - Krish argues that these practices are a deliberate attempt by the Runwal Group to deceive buyers and avoid accountability. - Krish questions the capability of the company to judge a buyer's character and moral conduct and criticizes the absurdity of expecting buyers to provide such assurances. . Notable Quotes: - "वी थैंक यू फॉर योर कीन इंटरेस्ट टू परचेस फ्लैट नंबर सो एंड सो...लेकिन फिर भी हम अलॉट नहीं कर रहे हैं।" (We thank you for your keen interest in purchasing flat number so-and-so, but still, we are not allotting it to you.) - "इतना सारा किंतु परंतु अब यह किंतु परंतु खत्म हुआ नहीं।" (So many conditions and yet they are not done.) - "आपकी बेइज्जती कर रहे हैं अलॉटमेंट लेटर के द्वारा।" (They are insulting you through the allotment letter.) . Key Takeaways: - **Deceptive Allotment Practices:** Runwal Group’s allotment letters are designed to mislead buyers and avoid committing to a final flat allotment. - **Unreasonable Buyer Conditions:** The company imposes unreasonable and vague conditions related to moral conduct and legal status on buyers. - **False Representation Claims:** The allotment letters falsely claim that buyers have made certain representations and warranties, which they have not. - **Consumer Awareness:** Potential buyers should be cautious and critically analyze the terms and conditions in the allotment letters from real estate developers to avoid being misled. - **Call for Accountability:** The video calls for real estate companies to be more transparent and accountable in their dealings with customers.
Buyers should make their own agreement with terms like payment is subject to salary payments, economic conditions, family friends approval.
Dont buy flats then....
Generally the common man tends to overlook all such legal documents simply because he gets put off by the twisted complicated wordings which is a trap in itself. If any legal paper is long and boring, don't sign it. Call your lawyer and ask him/her to guide you. Learnt this lesson from this wonderful person called Krishnaraj Rao.🙏
Truly appreciate this honest content! Keep up the great work!
Wanted to ask you - are there any HONEST builders at all (eg. Godrej, Hiranandani) or are all of them woven from the same cloth. Thanks.
Yes there is honest builder , that's name is RESALE flats only , resale only safe option you can check all
No. There are no "honest" builders. That is because selling under-construction property is INTRINSICALLY A DISHONEST TRANSACTION.
Sir what precautions we should take if our house is going under SRA scheme?? While signing agreement@@KrishnarajRaoUrbanNaxal
I started watching this video with so much hope that there will be something fishy in the terms & conditions. But I agree to these terms and conditions and it is important in such big complexes. You or the builder will not want if a thief, womanizer, or gangster or any fishy person has bought an apartment besides yours, because you don't know who will be your neighbor after you get the possession. If there is a person staying right besides your house and has so many clashes with outsider gangs or so and comes to your floor and tries to create nuisance, will you like it? The clause of not clearly mentioning Allotment was a true concern in the terms, but other all things are useless to even mention here.
Yes true
Most of the builders cant be trusted with under construction properties.. Perhaps Shapoorji and Rustomjee are the rare exception. Perhaps Godrej ...But Godrej dosent have any sense of timely delivery of construction.
Go to the builder with a bouncer when you book a flat. If it's not possible write a complaint to RERA along with a copy of this letter. If both are not possible go with a press reporter. Wonderful sir. Thanks for exposing these bustards.
Thanks Krishnaraj ji, i think instead of paying leafy token amount of 2lac - 5 lac. We can pay the 5k-10k amount initially and justity them this is more then enoght to issue allotment letter. To make then fail in line.
There is no rule for minimum token amount by govt also same rule should follow for while/before preparing aggrement.
We can save our head a lot
Thanks
Reality video
Hats off to Krishna Sir
Builder and real estate market is totally seller dominated market, unko koi garaj nahi hai mal bech ne ki.Sab advance mai chalta hai. Pehle paise 3 years after delivery or possession
It’s try they insult
Krish bhai tumare pass knowledge sahai hai 😊
Lag tahai tum ne bhi meri tarah finance field ke products beche hai
Housing ki saari ki saari industries badmashi se bhari padi hai. Koi sharif nahi hai isme.
How does it matter if a person is convicted for a crime and done prison time while buying a house? Law doesnt prohibit it, then why Runwal is trying to be Moral Police😂
Agar sab seedha likh ke de denge aur according to plan nahi ho paya to Buyer chadd jaayega builder pe
Builder ko 5000 home Buyer mai se 4 to 5 flat buyer se bitter experience hua hoga isliye unhone sab ko chor, criminal, badmash samaj liye hai. Aur usse tone Mai inki language hai
Builders se bada chor aur kamina koi nahi hota
Britisher bhi Indians ko aaise hi treat karte the. Humara khun woh khun, tumhara, Home Buyer ka khun paani 😅😅
You are no way giving any valid or rightful information...so no use
. Main Idea:
Krish exposes how Runwal Group, a real estate company, misleads and disrespects flat-buyers through deceptive practices in their allotment letters and other documentation processes.
. Detailed Summary:
Krish begins by criticizing the Runwal Group for how they treat their customers, highlighting how the company takes advantage of buyers' trust and money. He explains that the allotment letters sent to customers are filled with misleading terms and vague language designed to avoid committing to any real responsibility.
**Process and Issues in Allotment:**
- **Application Form Misleading:** Buyers sign application forms believing they will receive a flat allotment. However, the form only acknowledges the buyer’s interest in a specific flat without confirming the allotment.
- **Vague Language in Allotment Letters:** The allotment letter thanks buyers for their interest and states that the company is "agreeable" to reserve the flat, but never explicitly confirms the flat reservation.
- **Conditional Statements:** The allotment is subject to timely payments and municipal approvals, making it clear that the reservation is not final.
- **Representation and Warranty Claims:** The letter falsely claims that buyers have made various representations and warranties, such as not being prohibited by law from acquiring the flat, not being insolvent, and not having any legal issues that could prevent the transaction.
**Misleading Terms and Conditions:**
- **Moral Turpitude Clause:** The letter includes conditions related to the buyer’s moral character, stating that the flat allotment can be canceled if the buyer is involved in any immoral or illegal activities, which is an unreasonable demand for a property purchase.
- **Additional False Claims:** The letter falsely states that buyers have inspected all documents related to the project and are satisfied, which is usually not the case.
**Overall Criticism:**
- Krish argues that these practices are a deliberate attempt by the Runwal Group to deceive buyers and avoid accountability.
- Krish questions the capability of the company to judge a buyer's character and moral conduct and criticizes the absurdity of expecting buyers to provide such assurances.
. Notable Quotes:
- "वी थैंक यू फॉर योर कीन इंटरेस्ट टू परचेस फ्लैट नंबर सो एंड सो...लेकिन फिर भी हम अलॉट नहीं कर रहे हैं।" (We thank you for your keen interest in purchasing flat number so-and-so, but still, we are not allotting it to you.)
- "इतना सारा किंतु परंतु अब यह किंतु परंतु खत्म हुआ नहीं।" (So many conditions and yet they are not done.)
- "आपकी बेइज्जती कर रहे हैं अलॉटमेंट लेटर के द्वारा।" (They are insulting you through the allotment letter.)
. Key Takeaways:
- **Deceptive Allotment Practices:** Runwal Group’s allotment letters are designed to mislead buyers and avoid committing to a final flat allotment.
- **Unreasonable Buyer Conditions:** The company imposes unreasonable and vague conditions related to moral conduct and legal status on buyers.
- **False Representation Claims:** The allotment letters falsely claim that buyers have made certain representations and warranties, which they have not.
- **Consumer Awareness:** Potential buyers should be cautious and critically analyze the terms and conditions in the allotment letters from real estate developers to avoid being misled.
- **Call for Accountability:** The video calls for real estate companies to be more transparent and accountable in their dealings with customers.
Log Ulte seedhe kaam karke paise earn kar ke property buy karte hai unko target kiya hai runwal ne
What do you think about Arundhati Roy?
Lukhe log buy karne bahut nikalte hai woh builder ko pata hai
-ve person
This guy only give sugar coated advice which is not at all practical. When u actually seek some help this guy will be mute spectator
Tumare Religion vale vedio sirf
Election ke time Zyada ate hai
Specially For Hindus
You have HunduPhopia Consualt a Doctor
Haan hain? Tow kya? 😂
Faltu baatein karta hain
If you don😢 like don't watch
@@sanjaysukhadia7746 if you don't like don't see my post don't comment on my post
I have a chutia-phobia. If you are willing to believe humbug of any sort, I am triggered by you.
@@KrishnarajRaoUrbanNaxal 😂😂😂 👍