Pro (specific builders) TDR policy

Wow…New TDR policy to benefit some specific builders…(OFF THE RECORD)

CMOMaharashtra, Devendra Fadnavis
the new TDR policy will make TDR available easily and will be a
distress sale. People the strategy is very clear…to benefit some big
players who went on a rampage about construction around
places like Panvel, New Panvel, Virar, Vasai and outskirts.

 If you are a
mumbaikar, you all very well know how these builders advertise in
newspapers aboutflats and bungalows
available outside mumbai at an attractive rate. Believe me now this
government by introducing this strategy is showing us that they are
breaking the “builder babu nexus” but my dear friends, it is nothing but
again an eyewash. Due to this new policy, concentration of buyers and
builders will be forced outside Mumbai wherein huge investments had been
made by these politicians and bureaucrats. The investment was made in
form of cash and builders required funding…Now after so many years of
investment there were no returns on the investment made, which made the
babu’s and politicians jittery. The projects remained unsold. Hence this

(Published- 15th Jan. 2015)

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