India, Maharashtra, vijay kumbhar, News, Governance, RTI, Transparency, Civic Issues, Real Estate: Frauds
Showing posts with label Frauds. Show all posts
Showing posts with label Frauds. Show all posts

Thursday, March 9, 2017

VIJAYKUMBHAR.COM a Project Specific & Private Real Estate Discussion Forum for Affected People

Our Mission is to educate and motivate flat, plot, land buyers to take adequate precaution before and after the investment in real estate projects. Normally people do not dare and unite to ask builders uncomfortable questions or problems they face. VIJAYKUMBHAR.COM is the place where people without disclosing their identity can discuss on the projects they have invested in. Unless affected people unite they are not able to take proper step in case of any problems. This forum will be for discussion as well as for guidance from other  members and team of vijaykumbhar.com. Members of particular forum will decide on their own to take  or not any action regarding that specific project if needed.This is a subscription based forum . 


Time and again, government brings in restrictions and imposes prohibitions to protect buyers of property, be it land, plot, apartments or bungalows. Despite that, scams and scandals keep surfacing on a regular basis. Builders and project proponents of plotting schemes, find loopholes in laws and regulations, play different tricks, play with words, and give deceptive promises and so on. They run scams like selling proposed N-A Plots, Villa plots, farmhouses, affordable housing, promising to double your money by investing in plotting or plantation schemes  etc. They never fulfill promises they give to flat buyers. They appoint smart staff and agents. Most of the time, staff and agents get paid more than what they deserve and hence they don’t hesitate to deceive own relatives or acquaintances.

It is not the case that government official don’t understand or are not aware of such cases but they are hand in glove with promoters of such schemes and land mafias and so they turn a blind eye to such crimes. For buyers or small investors, it is difficult to know what is right and what is wrong. They do not understand how to move forward if there is problem with a project they have invested money in or if they have bought a flat. So what is the remedy?

One should always take ample care before investing in any scheme. Discuss it before & after investing in it. But the basic problem is buyers or small investors of such schemes are always scared and scattered. They do not dare to ask anything to builders or promoters of such schemes.

To discuss such matters we introduce VIJAYKUMBHAR.COM, a project specific private discussion forum. In this forum, members are supposed to share the information and discuss regarding that specific real estate project only. That will help, proposed or existing buyers to find out the truth, factual problems of specific real estate projects and to decide future course of action, if any.

We assure complete secrecy of member’s identity and also assure that we will not allow any building or plotting project to advertise on VIJAYKUMBHAR.COM unless we are satisfied with the credentials of that particular project.


To enable  team of VIJAYKUMBHAR.COM to guide forum, initially we will start forums on projects in Pune and Mumbai revenue area only. That means these forums will be for existing and proposed  residential, plotting or any other real estate  projects in  Pune , Mumbai, Navi Mumbai, Thane , Palghar, Satara , Sangli, Kolhapur, Ratnagiri, Raigad, Sindhudurg and Sholapur districts only


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RTI KATTA is a platform to empower oneself through discussions amongst each other to solve their problems by using Right to Information act, Every Sunday at Chittaranjan Watika, Model Colony,Shivaji nagar, Pune, between 9.30 to 10.30 A.M.

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Tuesday, May 7, 2013

Government agencies Negligence - Root cause of Fraud Chit Fund -MLM companies


After Sardha group fraud came to light one after another, scams are coming out. Recently  In pune, some people alleged that they were  Duped by Nitin Rajaram Narke, Blue Chip Corporation Pvt Ltd Pune. In the past thousands of such incidents happened  , but no Government or even innocent Investors have taken any lesson from that.

In High Court of Madhya Pradesh a Public Interest Litigation was filed(PIL No.3332/2010) against chit fund and Multy level marketing companies .These companies were Madhya Pradesh Lok Vikas Finance Limited,Samruddha Jeevan Foods Limited,Saksham Dairy India Limited,Royal Sun Real Estate & Allied Services-India Pvt. Ltd,Sky Lark Land Developers and Infrastructure India Limited,KMJ Land Developers India Limited,KBCL India Limited,GN Dairies Ltd./GN Gold Ltd-Kim Infrastructure and Developers Limited,PACL India Limited,RBN Real Estate and Allied India Limited,Sai Prasad Foods Limited-Sai Prasad Properties Limited,GCA Marketing Pvt. Limited.

         H'ble court  had ordered CBI inquiry in various chit fund frauds .From the enquiry conducted by CBI, it had emerged that prima facie, the companies had not found to be conducting their business legally and some  offences appear as were being committed by them. H'ble court also  passed serious strictures against them. However, some of the companies approached supreme court and obtained stay. In this petition, one may find the name of the company or person he /she has invested money with and its modus operandy.

           It was duty of all the governments to take steps to stop such frauds . However, all the concerned agencies kept mum . Nobody took serious cognizance of this order . The same companies appear to be conducting the same business in the same or other name of company in various states of India . It is interesting that persons associated with such type of companies always are in the limelight and  surrounded by lot of powerful and influential people. This scenario attracts small investor's confidence and they get duped.