Not too long ago, I had written how the builders have turned their attention to getting NRI's to invest into housing here in mumbai click here.
Coming up next month is another such attempt - MCHI's India Realty Exp, 2012 is being organized in Dubai, UAE aimed at getting the expatriate Indian from there to invest
Leading developers are expected to participate, showcasing residential and commercial properties, plots and bungalows from across the MMR as also Mumbai’s nearby locations
The interesting part of it is that, all those who are participating in this event have been asked to sign a " Code of Conduct", which ensures transparency in transactions, and will safe guard the interests of the NRI
MCHI will ensure that participating developers sign ‘A Mandate of Assurance’, effectively promising home buyers at the event that they will deliver what has been promised,
As Mr Paras Gundech, President MCHI puts it " This initiative is expected to make buying at MCHI’s India Realty Expo, 2012 – Dubai a truly safe and secure experience,” he added.
Sadly, why can't these same builders sign "A code of Conduct" for us, the poor cousins compared to the well-heeled Gulfees and NRI's!
Unwilling to lower prices for the local population, the builders are now exploiting the NRI's to fund their greed !!
Coming up next month is another such attempt - MCHI's India Realty Exp, 2012 is being organized in Dubai, UAE aimed at getting the expatriate Indian from there to invest
Leading developers are expected to participate, showcasing residential and commercial properties, plots and bungalows from across the MMR as also Mumbai’s nearby locations
The interesting part of it is that, all those who are participating in this event have been asked to sign a " Code of Conduct", which ensures transparency in transactions, and will safe guard the interests of the NRI
MCHI will ensure that participating developers sign ‘A Mandate of Assurance’, effectively promising home buyers at the event that they will deliver what has been promised,
As Mr Paras Gundech, President MCHI puts it " This initiative is expected to make buying at MCHI’s India Realty Expo, 2012 – Dubai a truly safe and secure experience,” he added.
Sadly, why can't these same builders sign "A code of Conduct" for us, the poor cousins compared to the well-heeled Gulfees and NRI's!
Unwilling to lower prices for the local population, the builders are now exploiting the NRI's to fund their greed !!