Strangely housing society members heavily depend upon a Builder/Developer, who may be less educated and brings borrowed funds on higher interest rates , But society members do not trust themselves . Most of Cooperative housing societies members are non cooperative among each other , and the benefit of the same is taken by the developers/builders.
In today's market , its difficult to trust outsiders and one must take charge of the situation and go for self redevelopment. Its better to be in driving seat and lead the change rather than depend upon a builder.
I have met so many members who argue by saying now there is RERA hence we are safe and can go with builders , but i always ask them a question , aren't there any laws for murders and rapes ? but still such crimes keep happening , similarly with RERA, the law is in place but that doesn't guarantee you full proof security. Our objective is to come back home with occupation certificate and not to fight with anybody under RERA in case of failure on builder's part.
why to take a chance with your hard earned property ? Its better to redevelop on your own, self redevelopment.
In today's market , its difficult to trust outsiders and one must take charge of the situation and go for self redevelopment. Its better to be in driving seat and lead the change rather than depend upon a builder.
I have met so many members who argue by saying now there is RERA hence we are safe and can go with builders , but i always ask them a question , aren't there any laws for murders and rapes ? but still such crimes keep happening , similarly with RERA, the law is in place but that doesn't guarantee you full proof security. Our objective is to come back home with occupation certificate and not to fight with anybody under RERA in case of failure on builder's part.
why to take a chance with your hard earned property ? Its better to redevelop on your own, self redevelopment.
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