Thursday October 24, 2019
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Runwal Greens: Luxury builders or unethical extortionists?

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Photo: www.rbrealty.in

Mumbai: Customers of Runwal Greens, Mulund, have started an online petition highlighting their grievances against the builder Runwal brothers. The customers have alleged the builders of extorting money and delaying final handover of the flats.

Dr. KS Vasu Rao, a Paediatric Orthopaedician working in Oman, and one of the clients of Runwal Greens, has shared with NewsGram, details of the matter.

The luxurious Runwal Greens project was launched in 2010, consisting of 8 towers with more than 200 flats each. Many buyers had booked the under- construction flats and were promised possession by the end of 2013.

Also Read: How Real Estate Regulatory Bill can help ailing Real Estate sector

A one sided agreement favoring the builder was forced upon the buyers with changed possession date of 2015 (varies from agreement to agreement). Buyers had already paid 97% of the flat cost as per the demands made by the builder by 2014. Instead of giving the possession in mid 2015, a fresh demand for extra charges against fungible FSI (Floor Space Index) was made, along with the demand payment of the remaining 3% at the behest of permission to carry out fit-out works.

Customers are alleging that the builder is:

1) Demanding extra money against FSI when there was no change made to the structure or to the flat plan. Moreover the flat cost was calculated on the super built up area and not the carpet area. The customers were even charged for the car parking area, which is against the law.

2) Delaying the handing over of the flats for customer possession and citing the delays to be due to MCGM delays.

3) Asking the buyers to payoff the final 3% amount which is due on receipt of OC even before the application for the OC is made by the builder.

4) Demanding for the club charges to be paid, though luxurious amenities promised are nowhere to be seen.

Many customers have now taken to social media to express their anguish and are urging the state government to take action against the builders. Here are some of the tweets of the angry customers:

NewsGram view: Unscrupulous and unethical builders have become a menace in Indian urban centers. In extreme cases, they even build apartments on illegal lands, without proper permissions, using improper building materials, and extort exorbitant money from the common people in the name of providing luxury apartments. The state governments must implement a mechanism by which people’s grievances are immediately addressed and strict actions are taken against unethical builders. Rule of law must prevail.

Also Read: How Real Estate Regulatory Bill can help ailing Real Estate sector

  • Tushar Hande

    What do you think Runwal is? Options: 1) Fraud 2) Extortionist 3) Goon 4) Thief 5) All of the above?
    My answer is option 5. What is your answer?

Next Story

5 Ways Technology is Changing the Construction Industry

It’s hard to go anywhere these days without seeing some kind of construction happening

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construction, Industry, technology, advancements
Technology is helping out in a number of ways, by combatting the shortage while improving worker safety. Pixabay

It’s hard to go anywhere these days without seeing some kind of construction happening. It
might be in your neighbourhood as your neighbors add on to their house or it could be the reason you’re stuck in traffic every day as they continuously work on the interstate.

Construction is an industry that will always likely be there. Even though it is currently facing a worker’s shortage, you’re likely to still see plenty of places with an “under construction” sign pop up.

In addition to seeming like it’s ubiquitous, the construction industry is also undergoing rapid changes thanks to technology. Technology is helping out in a number of ways, by combatting the shortage while improving worker safety. Hammer and nails are still in style but there are plenty of other ways this age-old industry is getting a facelift.

Drones

The first time you ever saw someone operating a drone was probably pretty interesting. Now, they may have become a nuisance in your neighborhood, flying over fences and causing a constant buzzing noise that just won’t go away.

If you live close to a construction area, then you’re probably used to all the constant noise so you won’t notice any drones hovering over the top.

In the past, helicopters were needed in order to obtain a bird’s eye view of a construction site. Construction managers or architects would need to hover over a property to ensure everything was going to plan.

In addition, drones are used to scope out property that is unaccessible. If someone is buying a huge plot of land, it’s easier to fly a drone over than spend hours wandering through.

construction, Industry, technology, advancements
Construction managers or architects would need to hover over a property to ensure everything
was going to plan. Pixabay

Robotics

The rise of robotics in construction is a combination between the worker shortage and and
advancing technology. Every year, robots become more intelligent, more precise, and safer
options for some construction jobs.

Robotics aren’t in high demand or use quite yet, but they’re the biggest trend to watch out for. You might be surprised to learn that the biggest robotic contributors at the moment are 3D- printing robots. These robots can print out certain materials or prefabricated parts.

This helps eliminate the need to transport some materials, turning the site into a more efficient workplace. You’ll still need to transport large materials and of course, the robot itself.

Wearable Technology

Consumers nowadays have access to watches that can track their sleep patterns and heart
rate, in addition to other instruments that can easily monitor plenty of vital signs. Those
technologies are also making strides in construction.

It’s no secret that construction is a physically demanding job and it’s important to monitor signs in order to promote the utmost safety at a site. This technology can tell construction managers and workers alike when it’s time to take a break or stop working for awhile.

Geotracking is also huge, as it can track exactly what a worker is doing. If a worker were to fall, the device would send alerts out and help could be better administered.

New and Better Materials

It might be surprising to learn that even though everything around us seems to be built with brick, mortar, wood, and concrete, construction experts are looking at improving those materials for the future.

This push for new and better materials comes from the green initiative, looking to reduce waste by repurposing materials into new ones. Waste plastic can be made into roadways or even used as material for our 3D printing robot friends.

construction, Industry, technology, advancements
Waste plastic can be made into roadways or even used
as material for our 3D printing robot friends. Pixabay

Self-heating concrete is another material making strides. While it’s not going to replace your seat warmer, it will help prevent concrete from cracking and breaking earlier.

Virtual and Augmented Reality

Virtual reality is becoming more and more popular across a number of different sectors and
construction is right up there. Augmented reality allows plans to be laid out in real time,
providing a digital overlay of what’s in the real-world. It will make you feel just like The
Terminator in some cases.

ALSO READ: Positive Social Relationships Help Increase Self-Esteem

Virtual reality is being used for training and safety measures. Instead of doing training onsite, virtual reality can be used ahead of time to better prepare workers for the dangers of a certain area. This helps save time and money, letting people take care of this before arriving to work.