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-   -   In To-day's Newspapers (https://britishexpats.com/forum/goa-170/days-newspapers-558924/)

babu1 Jun 7th 2009 1:30 am

Re: In To-day's Newspapers
 
....and thank her for blowing the gaff on the ATM route, even if it would take years of daily withdrawals in some cases, and you lose 20%....now we can expect a cull and closure of all FN accounts.....and Goa is not a 'resort'....yet, though it might think it is.....last resort......

noni Jun 7th 2009 1:41 am

Re: In To-day's Newspapers
 

Originally Posted by babu1 (Post 7642255)
....and thank her for blowing the gaff on the ATM route, even if it would take years of daily withdrawals in some cases, and you lose 20%....now we can expect a cull and closure of all FN accounts.....and Goa is not a 'resort'....yet, though it might think it is.....last resort......

and that is why we run our bank account right down.
How did she sell Babu? had she registered? and was the ATM her only way of getting the money out.

babu1 Jun 7th 2009 1:59 am

Re: In To-day's Newspapers
 
http://goanvoiceuk.wordpress.com/200...9-pages-56-57/

http://www.pressdisplay.com/pressdisplay/viewer.aspx

http://www.pressdisplay.com/pressdisplay/viewer.aspx

It seems she had an Agreement of Sale with her builder in 2005, subsequently found a PIO buyer and probably tore up her agreement and had the builder enter into a new agreement with the PIO buyer. If nothing was previously registered it appears as if the PIO is the first purchase buyer, and I should think the builder has done quite well out of it depending on what the PIO finally paid, quite likely not £11,000.

The Goa State government might finally get some revenue out of of it in the way of Stamp Duty/Registration Fees if the PIO proceeds to register his purchase at the sub Registrars. They have already missed out on one amount of tax.

I would say it was a lucky escape for Rosie Waterhouse, though not exactly a great financial success since, after 5 years of a booming property market in Goa, she actually lost money.

She had £3,000 paid to her in Sterling, and the rest by ATM. You would have expected the PIO 'an Indian born writer who spends part of the year in Goa and part in England' to have coughed up more in Sterling.

I don't know where she gets the figure of 5,000 Westerners having bought property in Goa of whom 3,000 are British, but it is repeated in two articles.

hemingway Jun 7th 2009 2:06 am

Re: In To-day's Newspapers
 

Originally Posted by noni (Post 7642268)
and that is why we run our bank account right down.
How did she sell Babu? had she registered? and was the ATM her only way of getting the money out.

I couldn't find the article online, except on presssdisplay.com, the website says I have to pay $2.75 - I should just walk down & across the street to the co-op & buy the mail on sunday, but everytime I look down I've got a full beer & it's a shame to let it get warm!

If you google Rosie Waterhouse Goa you will find the article where she 'bought' her apartment - it was/is down South in Majorda at a place called Eden Gardens. Her article mentions a couple from Nottingham who had also 'bought' in Eden Gardens - a coincedence maybe, but I recall chatting to 2 couples from Nottingham in March at a restaurant in Colva called The Sizzling Steak - one of the coupless 'owned' a property at Eden Gardens in Majorda - small world theory but I'd be interested to know if that couple were the same people as Rosie wrote about. . . . . . . . . . . . . .

Regards

Hemingway

noni Jun 7th 2009 2:07 am

Re: In To-day's Newspapers
 

Originally Posted by babu1 (Post 7642294)
http://goanvoiceuk.wordpress.com/200...9-pages-56-57/

http://www.pressdisplay.com/pressdisplay/viewer.aspx

http://www.pressdisplay.com/pressdisplay/viewer.aspx

It seems she had an Agreement of Sale with her builder in 2005, subsequently found a PIO buyer and probably tore up her agreement and had the builder enter into a new agreement with the PIO buyer. If nothing was previously registered it appears as if the PIO is the first purchase buyer, and I should think the builder has done quite well out of it depending on what the PIO finally paid, quite likely not £11,000.

The Goa State government might finally get some revenue out of of it in



the way of Stamp Duty/Registration Fees if the PIO proceeds to register




his purchase at the sub Registrars. They have already missed out on one set of fees.

I would say it was a lucky escape for Rosie Waterhouse, though not exactly a great financial success since, after 4 years of a booming property market in Goa, she actually lost money.


Thanks for that! Just the same as other friends of ours. Builders are asking from £200 - £15,000 to do the honours of changing names on Agreements of Sale.

emsirrah Jun 7th 2009 8:37 pm

Re: In To-day's Newspapers
 
I read it via Goan Voice and there were 2 different stories from her. In the one entitled - How I got my money out of Goa she say -
"After seeking advice from all and sundry, I found the best way to bypass India’s strict currency laws was simply to use an international Visa cash point card
I placed the money into an Indian bank account in mid March and 7 weeks later made the last of my daily withdrawals of £250 in London. And I even managed to gain on the exchange rate, as sterling had fallen from 80 rupees when I bought to 70's"

She sold it 3 months ago.

"The sale price of £11,000 covered what I paid for it, and the extra costs such as air-conditioning, fridge and furnishings. So I just about broke even, which is more than I would have done with a car"

So it does not look like she had a loss.

emsirrah Jun 7th 2009 8:53 pm

Re: In To-day's Newspapers
 
Have pm'd you the whole article Mr. Hemingway ;)

emsirrah Jun 8th 2009 12:15 am

Re: In To-day's Newspapers
 
Don't know if you just want the URL but here is the letter in Herald.

Driving tourists away
Simon Cowell, London
I have just read Goa Home Minister Ravi Naik’s outrageous statements about tourists visiting Goa. I must say that it is a wonder that Goa has any tourism business left after the way we tourists are treated, and this even before Mr Naik’s insulting outburst!
It is about time the Goan people looked at their government and questioned what they really do with the tourist income they receive. Year upon year promises are made and those promises are broken (River Princess, garbage, etc).
I have been visiting Goa for the past 10 years and stayed at various ‘upmarket’ hotels, and all I have seen during that time is Goa slowly sliding downhill in infrastructure , honesty and quality. We hear how Goa wants ‘upmarket’ tourists. Well, I have some bad news for you, Goa – you are not an upmarket destination and with the worldwide recession Mr Naik’s remarks will not enhance your reputation in the slightest!
I for one will not be visiting your shores again. My money will be spent in destinations that are truly upmarket and really do welcome the tourist with open arms.
PS I have just read Churchill Alemao's statement proclaiming that "Goa doesn't need any more tourists.
Well said, Mr. Alemao, as Goa cannot even look after the tourists she gets now!

http://oheraldo.in/pagedetails.asp?nid=22795&cid=13

The basic traffic rules letter is also worth a read!!!

noni Jun 8th 2009 12:25 am

Re: In To-day's Newspapers
 

Originally Posted by emsirrah (Post 7644843)
Don't know if you just want the URL but here is the letter in Herald.

Driving tourists away
Simon Cowell, London
I have just read Goa Home Minister Ravi Naik’s outrageous statements about tourists visiting Goa. I must say that it is a wonder that Goa has any tourism business left after the way we tourists are treated, and this even before Mr Naik’s insulting outburst!
It is about time the Goan people looked at their government and questioned what they really do with the tourist income they receive. Year upon year promises are made and those promises are broken (River Princess, garbage, etc).
I have been visiting Goa for the past 10 years and stayed at various ‘upmarket’ hotels, and all I have seen during that time is Goa slowly sliding downhill in infrastructure , honesty and quality. We hear how Goa wants ‘upmarket’ tourists. Well, I have some bad news for you, Goa – you are not an upmarket destination and with the worldwide recession Mr Naik’s remarks will not enhance your reputation in the slightest!
I for one will not be visiting your shores again. My money will be spent in destinations that are truly upmarket and really do welcome the tourist with open arms.
PS I have just read Churchill Alemao's statement proclaiming that "Goa doesn't need any more tourists.
Well said, Mr. Alemao, as Goa cannot even look after the tourists she gets now!

http://oheraldo.in/pagedetails.asp?nid=22795&cid=13

The basic traffic rules letter is also worth a read!!!

Brilliant!

a_f_d Jun 8th 2009 1:38 am

Re: In To-day's Newspapers
 

everytime I look down I've got a full beer & it's a shame to let it get warm!
I really do like to see someone get their priorities exactly right!!

cheers (_)? (_)? (_)? AndyD 8-)#

mywaygoa Jun 8th 2009 3:51 pm

Re: In To-day's Newspapers
 
letter in todays herald

Mind-bypass surgery?
Peter Andrade, Vasco
re ravi naik

http://oheraldo.in/pagedetails.asp?nid=22839&cid=13

Tony6MT Jun 8th 2009 4:45 pm

Re: In To-day's Newspapers
 
I was thinking of a vacation in Goa as it is portrayed as "paradise"
but after reading this and other material I am not so sure.
It is starting to remind me of Benidorm in the 70's with a load more
crime and garbage lying around.

emsirrah Jun 8th 2009 8:38 pm

Re: In To-day's Newspapers
 
Flicking through free view channels yesterday and they were advertising holidays in Goa - did not recognise the place they were portraying.
Have fun with the beach sellers on pristine beaches, exciting nights out in Titos, visit the nearby towns for fantastic shopping etc etc.
It really was make believe :eek:

noni Jun 8th 2009 9:03 pm

Re: In To-day's Newspapers
 

Originally Posted by emsirrah (Post 7647564)
Flicking through free view channels yesterday and they were advertising holidays in Goa - did not recognise the place they were portraying.
Have fun with the beach sellers on pristine beaches, exciting nights out in Titos, visit the nearby towns for fantastic shopping etc etc.
It really was make believe :eek:

Have been coming to Goa for many, many, years, please can somebody point me in the direction of "Magnificent shopping Malls of Panjim":rofl:

babu1 Jun 8th 2009 10:11 pm

Re: In To-day's Newspapers
 
That'll be just across the road from the world renowned Panjim Municipal Centre for Human Waste Management :

http://www.youtube.com/watch?v=D_DK8TXR-2U


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