FIVE REASONS WHY REFUND OF TOKEN in under-construction is COMPULSORY, but Token in resale flat isn't

  Рет қаралды 1,548

Krishnaraj Rao

Krishnaraj Rao

Күн бұрын

Five Reasons why your TOKEN IS REFUNDABLE if you have paid it to a promoter / builder towards a flat in an UNDER CONSTRUCTION PROJECT:
1) When you give a token, you are not entering into contract / transaction with the owner or authorized representative. You are shaking hands with a mere sales representative or channel partner.
2) No rights or claims are created in your favour when you give the token. So there is no transaction or contract.
3) The deal is so complicated, with so many terms & conditions, that the mere token payment cannot signify willing and informed consent of such a deal. The details contained in the proforma registered agreement cannot be deemed to be understood and accepted at the time of the token payment and signing of application form.
4) Urgency marketing and scarcity marketing, and such other practices of the builder's sales team, further poison any element of contract that may be achieved by token payment.
5) The token payment is not towards an actual flat or property that exists. The token payment is towards PARTICIPATION IN A COMPLICATED SCHEME, which contains a proposal to build a flat, with over a hundred pages of terms & conditions including timely payment, Penalties and interest for late payment, building permissions, availability of finance, labour, etc. The overdose of complications further vitiates and poisons any possibility of contract / transaction / handshake achieved by the token.
ISSUED IN PUBLIC INTEREST BY
KRISHNARAJ RAO
9821588114 and 8169471229
krish.kkphoto@gmail.com
Twitter @BravePedestrian
Mumbai

Пікірлер: 13
@vraj8298
@vraj8298 2 жыл бұрын
Very clear explanation sir. Thanks once again. For covering a very important topic on token.payment. it happens in.most cases .one is forced with urgency to shell out a token.
@gustaspvimadalal7131
@gustaspvimadalal7131 2 жыл бұрын
Very nicely explained. Thank you Sir.
@Vrath620
@Vrath620 2 жыл бұрын
Dear Mr.Rao we know how to get refund token money from builder from previous video. Keep making videos on builders projects which you use to do earlier People get aware about projects Request you to make videos on issues in runwal my city.
@Vrath620
@Vrath620 2 жыл бұрын
Bloody who told you to visit builder sales office. Better purchase a land develop your own house. If you required funding of purchase of land or construction finance Pls contact Krishna Raj Rao he will help you with funds also. V kind hearted person.
@simrantapanchaudhary3294
@simrantapanchaudhary3294 2 жыл бұрын
If the builder asks for a cancelled cheque , if he says u will get refund amount. Shall we give cancelled cheque or not.
@KrishnarajRaoUrbanNaxal
@KrishnarajRaoUrbanNaxal 2 жыл бұрын
Avoid
@simrantapanchaudhary3294
@simrantapanchaudhary3294 2 жыл бұрын
@@KrishnarajRaoUrbanNaxal Then how we can get the amount back ,if we don't provide him cancelled cheque or any detail we can give him for returning our money back apart from cancelled cheque
@soumyadipghosh8896
@soumyadipghosh8896 2 жыл бұрын
@@simrantapanchaudhary3294 You can always provide self attested copy of your bank passbook page for reference in such cases! And best way to forward it is though the registered post/speed post!
@Vrath620
@Vrath620 2 жыл бұрын
Recently visited a builder sales office. They said that runwal has given you a legal doggy. That is the reason you stoped making videos on builders projects From few months, is it?? This is the reason you are making a general jaded videos.???
@Vrath620
@Vrath620 2 жыл бұрын
Krish you have stopped making videos on runwal why???
@JoeyRhubarb
@JoeyRhubarb 2 жыл бұрын
Unsubbed.
@Vrath620
@Vrath620 2 жыл бұрын
We can check sold inventory list on RERA easily. So your videos doesn't makes any sense Apart from nonsense talks
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