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Thursday, August 02, 2012 XRBIA Hinjewadi - The Sucker's Deal for the Stupid People with Some Disposable Income Thanks & Congratulations, Mr. Rahul Nahar! Mr. Rahul Nahar & Architect Hafeez Contractor at the launch of XRBIA View XRBIA, Nere Dattawadi, on Marunji Road, approx 7 kms from KPIT Cummins at Hinjewadi Pune in a larger map A Full-on Money-sucking Operation: I don't know how to thank Mr. Rahul Nahar, the primary shareholder, & Chief Executive Officer of XRBIA Developers Ltd. I am completely impressed with his full-on money-sucking operation designed to string together all those so called investors in Pune real estate market for an indefinite time. I hope, Mr. Rahul Nahar will hold them till they are completely sucked dry and will never ever think about investing in real estate. Mr. Rahul Nahar, by launching this full-on money-sucking operation, you are removing those scumbags - Pune real estate investors - who help the builders to hike the property prices and make housing un-affordable for the actual home-buyers. "There's a sucker born every minute" I admire you, Mr. Rahul Nahar, for inaugurating your full-on money-sucking operation at Dubai & London. I am sure you will go to every city on the planet where NRI real estate investors, the biggest suckers of Pune real estate live. At home, I thank you for targeting Mumbaikars, before opening your full-on money-sucking operation at Pune. Certainly, Mumbaikars are soft targets with deep pockets. You know what? Mr. Rahul Nahar, in a short period of time, for sure, you are going to replace Mr. Subrata Roy, managing worker and chairman of Sahara India Pariwar. Though, Sahara Swapna City is coming at 366 cities in India, for sure, your XRBIA at 14 cities will suck more money out of Indian real estate market. Certainly, lot more than Tanaji Malusare City at Karjat, Tata Housing Development Co. Ltd., Janaadhar Constructions Pvt. Ltd., Value and Budget Housing Corp. Pvt. Ltd. (VBHC) and Usha Breco Realty Pvt. Ltd. No. I am not saying this because you are from Pune. I am saying this because I know well that over the years, as a land developer, you have mastered the skills of running full-on money-sucking operations. In the last 12 years, you have sucked dry more than 3,000 investors in your plotting schemes under different names. Starting with Riddhi Siddhi Developers in a small office in Patil Plaza, near Mitra Mandal Chowk and graduating at Mantri House on F.C. Road as Eiffel Developers & Realtors Ltd. A Classic Sucker Punch: In fact, there is no need to look at your track record. Your launch offer proves your mastery in running full-on money-sucking operations. You know? Truly, the launch offer of XRBIA Hinjewadi is a classic sucker punch. No Pune real estate investor came to know when you blew their brains out with the property prices at XRBIA, at Nere Dattawadi, on Marunji Road, approximately 7 kilometers from KPIT Cummins at Hinjewadi - 1 BHK Smart Flat for Rs. 8,98,000 + Stamp Duty (2.5 %) + Registration Charges (1 %) + VAT (1 %) + Service Tax (3.09 %) - 1 BHK Luxury Flat for Rs. 11,76,400 + Stamp Duty (2.5 %) + Registration Charges (1 %) + VAT (1 %) + Service Tax (3.09 %) - 2 BHK Flat for Rs. 15,48,000 + Stamp Duty (2.5 %) + Registration Charges (1 %) + VAT (1 %) + Service Tax (3.09 %) - 3 BHK Flat for Rs. 21,49,250 + Stamp Duty (2.5 %) + Registration Charges (1 %) + VAT (1 %) + Service Tax (3.09 %). A Sucker's Deal: Now these brainless monkeys - who don't understand what a high property rate they are paying and don't realize that it's obscene to pay Rs. 3,00,000 for Club Charges, Meter Charge, Legal Charges and other Infrastructure Cost - are not in a position to understand what a sucker's deal you have pooled of!! Now, as per your 20:80 payment terms, at the time of booking - these stupid people will not only pay you their 20 per cent own contribution but they will give you remaining 80 per cent home loan too. It means that, even if you book only 100 flat of each type, you will collect Rs. 57,71,65,000. More than what Brick Eagle has invested in XRBIA Hinjewadi. No wonder they are giving you 200 crore. Certainly, not because of your land bank - but because of your skills to run full-on money-sucking operation. Mr. Rahul Nahar, after you get 100 per cent down payment, please, hold those 10,000 stupid 'real estate investors' on a tight leash for the rest of their lives. As you have hold the plot holders of Silicon City. Since, you announced XRBIA on the 1st & 2nd phase of Silicon City, the poor guys are reading their agreements again and again and wondering what is going to happen to their plots. Big Fish Eats Small Fish: Honorable Mr. Rahul Nahar, roping in Architect Hafeez Contractor is no doubt a brainy idea. After the 45,000 Crore Hiranandani Gardens Powai Land Scam, you need guts to use Hafeez Contractor as a bait. After all he has designed those luxurious apartments for the rich where the builder has agreed to built 3,000 flats - 1500 flats of 400 square feet and 1500 of 800 square feet - for the Lower Income Group and Middle Income Group. Presence of Architect Hafeez Contractor in the ad of XRBIA will keep on reminding all that housing for the financially weaker members of society is a gold mine. If you want to prosper in life, you have to exploit it as much as you can. Mr. Rahul Nahar, your message is inspiring. If someone can rule India for generation by announcing "Garibi Hatao", why middle class IT Professional in Hinjewadi should shy away from exploiting anyone who is financially less strong than him? Earning property appreciation is not a sin. Big fish eats small fish. Right? A Dark Side of a Human Mind: An opportunity to exploit and reap profits - is your product at XRBIA. Like fulfilling basic animal lust for land - was your product in your plotting schemes. A flat or a plot is an incidental byproduct. No builder has ever understood this. There is only one Rahul Nahar who can understand the dark side of a human mind and use it to run a full-on money-sucking operation after operation. My dear Mr. Rahul Nahar, I am more than happy to know that, in the next couple of years you are going to suck money out of 10,000 Pune real estate investors. In fact, I am sure, every home buyer in Pune real estate market will be grateful to you for eradicating these social-criminals - these so called Pune real estate investors - by launching XRBIA Hinjewadi. So, thanks a lot, congratulations, and best wishes for your full-on money-sucking operation. Latest Updates: 2) FRIDAY, AUGUST 10, 2012 XRBIA, Exorcist & Phobia 1) TUESDAY, AUGUST 07, 2012 XRBIA Pune - A Few Questions & Observations Related Stories: 1) TUESDAY, MAY 01, 2012 Pre-Launch Offer of 4 to 30 Lakh Homes at Pune 2) Ravi Karandeekar's Most Popular Pune Real Estate Market News Blogs: Feel free to call me: I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 3 minutes!) Call 919860044110 If you like to chat, join me, RaviKarandeekarsBlogs on Google Talk. Yes, my email id is Ravi@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can. Join me on Google + Subscribe for Free! 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