Tuesday, February 26, 2013

[IAC#RG] Fwd: Corruption of Private Builders - Note on Navin Raheja of NAREDCO

Hi, 

We have written a note, based on our 8 years of experience in real estate, about how private builders subvert the law to earn obscene profits. Much of the modus operandi was very clearly explained by the Competition Commission of India in their Supplementary Order in the DLF Case. http://cci.gov.in/May2011/OrderOfCommission/192010S.pdf (We were a part of this case and submitted a report on the Apartment Owners Associations behalf http://news.qubrex.com/qubrex-submits-expert-report-to-competition-c )

Now we have written a report about the malpractices of the builders, and rather than leaving it as an abstract exercise have put a face to the builder. The builder we have highlighted is Mr Navin Raheja who is the President of NAREDCO http://naredco.in/  (National Real Estate Development Council Under the Aegis of Ministry of Housing & Urban Poverty Alleviation) and MD of Raheja Developers based out of Delhi.

Would appreciate if the esteemed group can look at our report and suggest as to how to move it forward. If attachment does not go through, it can be accessed at http://www.scribd.com/doc/125978191/Raheja-of-NAREDCO-The-Man-Who-Would-Be-King 

How to get action invoked on all the malpractices that we have documented. Looking for guidance in our small little war on real estate corruption ...

Thanks, and with warm regards, 
Sanjay

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