The Ex American president couldn’t have been more precise in describing the new age's mantra i.e. Information! Yet when it comes to real estate we are still in ice age is what I think & the information seems to be restricted to individual possession & can’t penetrate the walls of certain offices, may it be developers or Govt agencies! As still so many things a buyer don’t about product & need to be dependent on whatever has been feed by the developer or the agents about the product. When we call the term transparency what it means actually? In simple words it’s all information about the product & the way it’s been delivered as well the entire dealing process, so again we are refereeing information here. Always the builders or the people associated with real estate have been looked with suspicious mind by the customers or common man. That’s understandable because we fear about the things of which we don’t have knowledge. And as there isn’t any data or information available people tend to fear or be doubtful about the entire industry & that's one of the main reason this industry despite all its better side has repeatedly failed to gain confidence of its own customers!
MSEDCL (Power) Committee, Credai, Pune
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