Is it safe to invest in "virtual property" for 12% ASSURED ANNUAL RETURNS eg. Bhutani and Omaxe?

This conversation raises questions about how the Real Estate market works in North India. Some well known brands like Bhutani, Omaxe and AMB Selfie Street in Delhi, Gurgaon, Noida, etc, which promise returns as high as 12 percent or even higher, based on assured rentals. Their proposition is that you need not buy a specific property, you can simply invest a certain amount in virtual property, for which you will be repaid every year with assured annual returns based on rental income earned by leasing or renting out the property.
Is this genuine? Are such schemes genuine or scams?
ISSUED IN PUBLIC INTEREST BY
Krishnaraj Rao
9821588114 and 8169471229
[e-mail]
Twitter @BravePedestrian
Mumbai

[@sarveshpal372]

Grt efforts by you sir 💯

[@rakeshbrijpuria1418]

Thanks for such informative vdo.This conversation makes us update ,cautious and aware ! And also teach us , how the retail invester blindly attract on and later trap .Such imaginary lucrative return of the builder's marketing gimmick and LOOT plan virtual assett of Real Estate. 🙏

[@mohit4success]

Great sir, please create and make more detailed video

[@santhoshtravelz07]

Thanks

[@vikramjitsingh834]

Is it same as REIT or something different?

[@ferozbargir3404]

Be careful before buying any residential or commercial property in Ulwe. When we visit Brokers / Builders office as a buyer, they are showing the positive side of investing in Ukwe to sell their products at higher price. When we visit them as a seller, they are showing the negative side of Ulwe to sell the property at lower price. Brokers are not satisfied with their 2% commission in Ulwe, they want their commission much much more than what Investors are gaining. They do not care for investors are gaining or losing. I am very much concerned about the investors / consumers who have purchased the property on loan. They are the victim and getting exploited in this real estate market.

[@yogeshshinde406]

So true, sir. You have disclosed the stark real situation of Ulwe.
I would like to add that investors/prospective buyers should not buy commercial properties in Ulwe as it will block your money indefinitely. The rental yield of commercial property is too low and small retailers are not keen to take such shops on rental basis in Ulwe due to lack of decent customers. I have also come across cases where the local Gaonwala people are doing dadagiri and harassing shop keepers as they want to capture all the commercial market in Ulwe.

[@moneychankya]

Hi my self Rudresh i worked in noida real estate with square yards & bhutani others firms . I understand all things that you are discussing your questions is around unlockable commercial property so i also want to legality of this like registry happen or not & s resale possible or not , after builder fail ( in jail or defaulter) client can use or not , what rera says about it ..... Then i will share my real experience with you

[@lasskinn474]

The answer is no

[@riteshvs4949]

Difference between virtual space and reit

[@anujbhardwaj6873]

Actually sir ye log apko kuch de hi nahi rahe hai na , ye just ek sapna like imagination space in your mind,dikhane k liye manlo mall me kfc hai to ye log bolte hai iss kfc me 200 sq ft manlo tumhara hai ,yahi same bolke jane kitne hi log usi same space per invest karwate hai to 12 % dene me dikkat kya hai bas , its not safe

[@sushantkale9095]

Hi guy plzz help me kisi ke pass karrm builder kaa proper adderss ye contact number hai to plzz share me qki mera cibil kaa bhot issue uwa hai plzz help me.🙏🙏🙏