Ansal s Housing under the lens of MRTPC
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Claimed sources to www.propertykhazana.com says, AHCL‘s housing plots venture in Karnal is under the lens of fair trade practices body MRTPC’s scanner, while ads promoting the plan doesn’t verbalize about the factual cost of plots as suggesting potential purchasers to look for the loans only from a selected banks.
Monopolies and Restrictive Trade Practices Commission (MTRPC) has aimed at its undercover unit DGIR to seek into the declarations made by AHCL for its forthcoming stylish township in Karnal. Deepak head of AHCL has promoted that booking for 166 Sq.Mtrs plots in the township for mere Rs. 1.25 Lakhs. Ansal is open to book 166 Sq.Mtrs plot in that township by paying only Rs. 1.25 Lakhs. Purchasers will then have to pay Rs. 1 Lakhs within 1 month from booking date and after that EMI of Rs. 15,000 for 15 months and the balance amount at the time of ownership.
As per to the MRTPC, company did not even bother to state that the factual rate of the plot and attempt to keep its clients in shady. When facts regarding payments are stated, the rate information must also be clued-up in the ads. The Commissioner thinks that the company has not revealed the prices of the plots with a cause of ‘Possible unfair handling of rates. In addition, the Commission has pointed out that the realty developer has joined hands with HDFC Ltd. for financing scheme. According to the promotion, the plan was accessible only to those who are taking loans from HDFC Ltd. For more updates on realty market browse www.propertykhazana.com.
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