Monday, June 5, 2017

How to send fraud builder - developer to jail & recover your money

Investors in Temple Rose City Pingori Purandar scam demonstrate that Police Public Participation is the way to send the plotting scheme fraudsters to jail & recover your money:


Mrs Nitin Shukla Tiwari - who filed complaint with EoW - and one of the leaders of Temple Rose City Investors

Posting online complaints about a fraud builder or a land developer is not enough.

Take action against these scamsters.

Come to Shivajinagar court today afternoon.

See with your own eyes how investors in plotting scam are sending the fraudster to jail.

I was there last time when court extended the police custody of Devidas Sajnani of Temple Rose Real Estate - who duped thousands of investors for crores of rupees.

Hundreds of investors in Temple Rose City Pingori were present in court.

12 days in police custody!

As per the law even a murderer gets a bail.

But the court refused to give bail to Sajnani.

You know why?

It's all possible because of the police public participation!

The investors in Temple Rose City scam are actively participating in the police investigation.

Yes! It is possible!!

In fact, it's your duty to help the police to investigate - says Mr. Rajesh Puranik of Economic Offence Wing of Pune Police.

Commissioner of Pune Police Rashmi Shukla and DCP Sudhir Hiremath encourage victims of the scam to join hands with the police.

To guide the victims of real estate scams - RTI activist Mr. Vijay Kumbhar has created an exclusive platform - www.vijaykumbhar.com - join it.

It means that - now - you are sure that the force is with you.

Question is - are you coming forward to file your complaint?

Investors in Temple Rose City did that. In big numbers.

They joined hands with police to collect evidence. Made their case very strong.

That's why Sajnani was again sent to police custody.

You know what happens when the criminal who has duped you is send to police custody?

You stop considering yourself victim.

You stop feeling ashamed of yourself for investing in a ponzi scheme.

You stop blaming yourself for not being diligent while investing.

You stop feeling guilty for being stupid.

In life at some point of time every human being makes a mistake.

But a responsible person corrects the mistake.

And when you help the police to catch the victim you feel proud of yourself.

When you bring the cheater to the court - your shame - guilt - vanishes.

You stop feeling worthless victim.

You realize your power.

You gain your self respect back.

And of course, possibility of getting your money back increases.

After the court hearing when I was talking to some investors - pointing at Police Inspector Rajesh Puranik someone said - "He is Singham! It's all possible because of him!!"

"We all are Singham!" - someone next to me said.

"Yes! You all are!!" - I said.

When you will join hands with the police to send the fraud builder developer to jail - you will feel the same about yourself.

So stop complaining. Take action. Become Singham.

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
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Saturday, June 3, 2017

Builder accused of abetting homebuyer's suicide gets bail

Wakad Case:



A sessions court here has granted a conditional bail to a builder who is facing trial for allegedly abetting the suicide of a homebuyer in Wakad on December 4, 2016.

The deceased, Sadashiv Jangam, had booked a flat for Rs 11.75 lakh in a scheme developed by Sachin V Pani and paid a part of the consideration to the builder. When Pani failed to complete the project in time, Jangam started staying in the partly constructed flat with his family, prompting the builder to allegedly threaten him with forcible eviction and insist on payment of remaining consideration.

Jangam had left a suicide note accusing the builder, among other things, of demanding part consideration without executing any agreement and of non-cooperation resulting in his inability to raise loan from financial institutions. Jangam's wife, Suvarna, had lodged an FIR against Pani following which the Wakad police had arrested the builder on March 12.

Read more at - WAKAD CASE - Builder accused of abetting homebuyer's suicide gets bail

Related Story:


1) Yes! Most of the builders in Pune are unfit for booking a flat at under construction stage - In Pune real estate market every flat buyer becomes a victim of the builder. Including those who have got possession of their flats!

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
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Friday, June 2, 2017

NGT orders fresh inspection of Goel Ganga Bhagyoday, Ganga Bhagyoday Towers and Amrut Ganga

The review petition demands an increase in the cost of compensation from Rs 105 crore to Rs 500 crore for damage of the environment:


Pune Mirror - NGT orders fresh inspection of Goel Ganga project site

An alleged attempt to restart construction activities at a contested site by city-based real estate giant, Goel Ganga Developers India Private Limited, was disrupted by the Pune bench of the National Green Tribunal (NGT) at a recent hearing.

In the latest development, the bench has directed that an assistant director of town planning for Pune be appointed as a `court commissioner', to carry out an investigation at the projects Ganga Bhagyoday, Ganga Bhagyoday Towers and Amrut Ganga, all located at Vadgaon Budruk on Sinhgad Road, to ascertain whether any construction activity is actually going on over there.

The bench of Justices U D Salvi and Dr Ajay Deshpande asked this court commissioner to check on the extent of construction and excavation being carried on at the site, and file a report before the bench at the date of the next hearing.The bench further instructed that the site inspection would have to be carried out in presence of the complainant, developer and Pune Municipal Corporation (PMC) officials.

The order was an outcome of a review petition before the NGT filed by complainant Tanaji Gambhire against the developer and PMC. The petition demanded an increase in the cost of compensation determined in an earlier case from Rs 105 crore to Rs 500 crore for damage of the environment. He also appealed that the illegal construction at the site be demolished, and no further construction allowed.

In the earlier case last year, during which time even the Supreme Court had refused to give any major relief to Goel Ganga Developers, the latter had faced an environmental compensation cost of Rs 105 crore from NGT for flouting environment clearance (EC) norms. At the time, as per allegations by petitioner Gambhire, the developer had constructed 18 multi-storeyed buildings with 807 flats, as against an environment department clearance granted on April 4, 2008, that allowed for only 12 buildings with 552 flats in the integrated project.

Read more at - NGT orders fresh inspection of Goel Ganga project site

Related Story:


1) NGT slaps Rs 105-cr fine on builder in Pune

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
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Peer-to-Peer Real Estate Marketplace for Non-Resident Indians

Reobee - reobee.com - Launches First-of-Its-Kind Peer-to-Peer Real Estate Marketplace for Indian Expats.

Reobee's goal is to establish itself as the trusted, truthful solution to the many hurdles that plague Indian-Americans, expats and temporary immigrants that may want to take advantage of the booming market for buying and selling apartments in India:


Reobee - reobee.com - the first and only online marketplace that helps connect non-resident Indians with their peers to buy and sell real estate in India.

San Jose, CA, June 01, 2017 - (Press Release)- Today the peer-to-peer real estate company Reobee launched the first and only online marketplace that helps connect non-resident Indians with their peers to buy and sell real estate in India.

Reobee's goal is to establish itself as the trusted, truthful solution to the many hurdles that plague Indian-Americans, expats and temporary immigrants that may want to take advantage of the booming market for buying and selling apartments in India.

Sources placed the total amount of expat investment in India's eight largest cities at nearly $10 billion by the end of the calendar year 2016. Real estate is already the country's second-largest employer after agriculture, and the market is projected to grow by as much as 30 percent in the next decade, with Non-Resident Indian (NRI) investments expected to account for anywhere from one-fifth to one-third of those investments.

The booming trend in expat investments is driven by a combination of factors: a devalued rupee, more conducive regulations and cultural norms, and the high return on investment that Indian expats enjoy on these properties. But finding a reliable, trustworthy connection to their peers has been a struggle for Indian expats.

Reobee is poised to solve that problem by offering a standardized, reliable marketplace in which expat Indians can introduce themselves and communicate securely with peers that are also interested in Indian real estate, and examine properties from afar.

Because the lack of a stable peer-to-peer platform has been a primary impediment to the non-resident Indian real estate, it's possible that Reobee's introduction will help this rapidly growing market boom even more than projected. Reobee is the only online market of its kind, and its potential audience of non-resident Indians numbers about 30 million, or roughly the entire population of Canada. And that population's growing investment power is almost incomparable, with some estimates putting it at $29 billion in 2015, up from $200 million in 2000.

For more information about Reobee, visit https://reobee.com/

Related Stories:


4) Why are wise Hinjewadi IT Engineers booking flats in Pethkar Projects' Siyona at Punawale, PCMC, Pune?

3) 8 Questions every flat buyer in Pune should ask a builder

2) Is Trump’s H-1B policy driving Indian IT pros to hunt for properties here?

1) More NRIs keen to make second property investment

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
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Thursday, June 1, 2017

From 1st July - pay VAT on every payment installment

Instead of paying lumpsum 1% VAT at the time of registration of the agreement - like the Service Tax - pay VAT on every payment installment.

Maharashtra Government issues a notification to levy Value Added Tax on Property based on staggered payments received from home buyers.



Currently , property transactions attract VAT at 1% of the transaction value payable at the time of registration of the agreement. However, with the amendment in the Maharashtra VAT Act, the buyer will have to pay the tax at the time of making staggered payments to the developer. The treatment for payment of VAT is now aligned with the service tax, which is also charged based on milestone payments. With these changes, a home buyer making payments up to June 30 will need to pay tax of 5.5%, including 1% VAT and 4.5% service tax.

Read more at - Realty Buyers in State to Now Pay VAT on Staggered Payments

Related Stories:


1) CREDAI seeks abolition of stamp duty on landed property

2) Impact of GST - property prices may drop by up to 5 percent

3) Impact of GST on Real Estate - 2.5 % more tax on maintenance charges

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To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog


Feel free to call me:


I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

If you want my advice, feel free to call me on 919860044110.  First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.

Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .

For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:

Ravindra Karandeekar,
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.
IFSC- MAHB0000001