What happens when members discuss issues on Gurgaon's Top Community Portal - GurgaonScoop.com?? Things move !!
Thanks to one of our readers for bringing to our attention that the comments posted by a member of GurgaonScoop.com had made it to the cover story in Businessworld. The story was "Rise & Fall of Realty" and can be found here "Businessworld.in - Rise & Fall of Realty" (Quote on page 3)
The original articles posted by GurgaonScoop.com member are here
The posting by Mr. Garg was cited under the context that "Regulation (is) Needed"
The real estate sector is amongst the largest revenue generators .... yet, it is the most unregulated sector as far as the customer is concerned. Funds raised for a particular project are diverted to complete other projects or square a maturing loan. Delivery schedules are seldom met and there is no way errant builders can be penalized.
Here is the cover of the magazine Businessworld in which the comments appeared ..
The article on which the comments were quoted ...
The page on which the comments appeared ....
And here are the comments of Mr Garg ....
