Possible good news for home buyers

LilBoy BigTown · Sep 26th, 2009, 11:04

Just read this story on Govt briniging in newer, tougher regulations for builders. It seems like the mandatory disclosures will be greatly improved.

http://timesofindia.indiatimes.com/n...ow/5057710.cms

Well worth the effort to create transparency, adherence to it although might prove harder.

capt_mahajan · Sep 26th, 2009, 20:20

It's not going to be so easy, I am afraid. The nexus between the builders and the politicians/bureaucrats is immense, property deals being probaby the most major recepient of corrupt and criminal money in India, second only to offshore banks.

Maybe pigs will fly.

Sep 26th, 2009, 11:04	#1
LilBoy BigTown Visionary Join Date: Oct 2008 Location: Sydney Posts: 636	Possible good news for home buyers Just read this story on Govt briniging in newer, tougher regulations for builders. It seems like the mandatory disclosures will be greatly improved. http://timesofindia.indiatimes.com/n...ow/5057710.cms Well worth the effort to create transparency, adherence to it although might prove harder.

Sep 26th, 2009, 20:20	#2
capt_mahajan Infidel Sufi Join Date: Sep 2005 Location: styx Posts: 13,601	It's not going to be so easy, I am afraid. The nexus between the builders and the politicians/bureaucrats is immense, property deals being probaby the most major recepient of corrupt and criminal money in India, second only to offshore banks. Maybe pigs will fly. __________________ . Outside the machine

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