Builder-politician links result in property price hike: Experts
With the increasing property prices in the Mumbai, we have no one else to blame but developer- politician connections. These links have burdened the home buyers with a sudden hike in property prices. As per experts, many developers are politicians and vice versa.
All the housing policies that are made today favour the builders, due to which no case can be registered against them. In today’s era, real estate is a complete corrupt mess which has no transparency.
Chairman of Maharashtra Societies Welfare Association, Ramesh Prabhu stated that, today real estate in India is the best place to hide someone’s black money and thus this branch never runs on real demand and supply but on corrupt politicians’ wishes.
It is very much necessary to put an end to this malpractice which has been happening for ages and a transparent real estate portal should be created for the same.
This portal will have all the real estate transactions as well as property details. With this, one copy can be submitted to the income tax department and government can keep an eye on developers and earn good revenue.
Now the time has come for the common man to wake up and start demanding good policies in housing societies so as to not suffer in the near future.
Developers, developers and politicians, Maharashtra Societies Welfare Association, Mumbai, policies in housing societies, property prices hike, Real estate in India, Realty News, transparent real estate portal
[...] Builder-Politician links result in property prices hike: Experts [...]