GOA - Buyer Beware!
Jan 28th 2009, 3:19 am
#1861
Joined: May 2007
Location: Noni the Indian Goan Beach Mulberry
Posts: 8,227
Re: GOA - Buyer Beware!
Forgive me, but Buyer Beware has popped up as a reply, it should have been the jewellery thread. I know Honey Bee and she is an astute purchaser of jewellery - (that is not what her husband calls her) She goes by gut feeling of going into the shop, and the ambience and atmosphere there - a bit of a witch. She has now found her 'jeweller' although she will not share it with you because of the trolls on this site.
Please will somebody Mitzyboy/Sue transfer this to the jewellery thread. Thanks.
Please will somebody Mitzyboy/Sue transfer this to the jewellery thread. Thanks.
Jan 28th 2009, 11:34 pm
#1862
BE Enthusiast
Joined: Jun 2005
Location: Irvine, North Ayrshire Scotland
Posts: 725
Re: GOA - Buyer Beware!
wonder how many advocates are tuned into this site or others, my friends havent heard a thing yet from the DofE but are going to wait until 30 days have passed then they are going to get the advocate to start phoning etc, the D of E gave them 30 days to reply only fair they give them the answer within a time limit so they know where they stand.
Jan 29th 2009, 3:13 am
#1863
Joined: May 2007
Location: Noni the Indian Goan Beach Mulberry
Posts: 8,227
Re: GOA - Buyer Beware!
Certain estate agent has notice in window saying will advertise your property for sale for 4,000 rups. Will that we no sale no fee!!!.
Poppetjay it is very noble of your friends to give the D of E 30 days, we had 15 days to reply by speedy mail, that was three years ago.
Could be another rumour but have now heard of a builder asking 15 lak to retransfer Agreement of Sales - that would really equal what you paid for the Apartment and your profit. We will see.
Poppetjay it is very noble of your friends to give the D of E 30 days, we had 15 days to reply by speedy mail, that was three years ago.
Could be another rumour but have now heard of a builder asking 15 lak to retransfer Agreement of Sales - that would really equal what you paid for the Apartment and your profit. We will see.
Jan 29th 2009, 8:25 pm
#1864
Forum Regular
Joined: May 2008
Posts: 177
Re: GOA - Buyer Beware!
That figure of 15 Lakh is what the builder I quoted in earlier post asked for. As you say, this wipes out a lot of the profit. As he is such a greedy man no doubt this will increase with time.
Jan 29th 2009, 9:10 pm
#1865
A little honey
Joined: Feb 2008
Location: In the beehive
Posts: 443
Re: GOA - Buyer Beware!
Sorry eringirl,
missed that post. I thought it was scaremongering when people were saying one of the biggest builders (and respected!!! at one time) were now up to this game. 15 lak they must be joking.
missed that post. I thought it was scaremongering when people were saying one of the biggest builders (and respected!!! at one time) were now up to this game. 15 lak they must be joking.
Feb 1st 2009, 1:58 am
#1866
I love apathy!
Joined: Feb 2008
Posts: 1,248
Central government press release.
Even though this is dated 1/2/09 I can't see anything obviously new in it:
http://pib.nic.in/release/release.asp?relid=47155
Regards
Hemingway
http://pib.nic.in/release/release.asp?relid=47155
Regards
Hemingway
Feb 1st 2009, 2:27 am
#1867
Account Closed
Joined: May 2006
Posts: 1,146
Re: Central government press release.
Even though this is dated 1/2/09 I can't see anything obviously new in it:
http://pib.nic.in/release/release.asp?relid=47155
Regards
Hemingway
http://pib.nic.in/release/release.asp?relid=47155
Regards
Hemingway
Thanks
GC:curse::curse:
cheers
Feb 1st 2009, 2:35 am
#1868
I love apathy!
Joined: Feb 2008
Posts: 1,248
Re: Central government press release.
Cheers great bit of reading.where did you find it?It backs up everything our Advocate as been saying.I have asked him to print it off and ram it in the face of the pompous little Pr*ck at the sub-registrar who was bl**dy rude in December when we went to register our property and was told to go away you are foreigners.Is this a official circular form the central Government of India?? Thanks
Regards
Hemingway
Feb 1st 2009, 2:55 am
#1869
Account Closed
Joined: May 2006
Posts: 1,146
Re: Central government press release.
GC
Feb 1st 2009, 4:05 am
#1870
BE Forum Addict
Joined: May 2007
Posts: 2,941
Re: Central government press release.
Even though this is dated 1/2/09 I can't see anything obviously new in it:
http://pib.nic.in/release/release.asp?relid=47155
Regards
Hemingway
http://pib.nic.in/release/release.asp?relid=47155
Regards
Hemingway
"It has also been observed that foreign nationals coming to India and staying beyond 182 days on a tourist or other visa meant for a certain period are illegally acquiring immovable property in India in violation of the extant rules and regulations under FEMA."
This appears to give some sort of official sanction to the notion that visa type can indicate intention to stay and are meant "for a certain period" - all visas are valid for a certain maximum period, but you can stay for a shorter period, so it can be your intentionto stay for an uncertain period. It does seem unfortunately that the 'Centre' is trying to deny this!
AndyD 8-)#
Feb 11th 2009, 4:59 am
#1871
BE Enthusiast
Joined: Mar 2008
Posts: 670
Re: GOA - Buyer Beware!
British Estate agents at it again !
The large property company Knight Knox International ( Manchester) are marketing property in Goa "available to ANYONE" who wants to invest "no problems ".. when questioned :curse:
If anyone in the UK has the time may I suggest you tell them your thoughts ? :curse:
K-C
The large property company Knight Knox International ( Manchester) are marketing property in Goa "available to ANYONE" who wants to invest "no problems ".. when questioned :curse:
If anyone in the UK has the time may I suggest you tell them your thoughts ? :curse:
K-C
Feb 11th 2009, 7:54 am
#1872
Account Closed
Joined: May 2006
Posts: 1,146
Re: GOA - Buyer Beware!
British Estate agents at it again !
The large property company Knight Knox International ( Manchester) are marketing property in Goa "available to ANYONE" who wants to invest "no problems ".. when questioned :curse:
If anyone in the UK has the time may I suggest you tell them your thoughts ? :curse:
K-C
The large property company Knight Knox International ( Manchester) are marketing property in Goa "available to ANYONE" who wants to invest "no problems ".. when questioned :curse:
If anyone in the UK has the time may I suggest you tell them your thoughts ? :curse:
K-C
GC:curse::curse::curse::curse::curse::curse:
Last edited by Goacrazy56; Feb 11th 2009 at 7:56 am.
Feb 11th 2009, 8:20 am
#1873
I love apathy!
Joined: Feb 2008
Posts: 1,248
Re: GOA - Buyer Beware!
. . . . . good luck with your sale Knight Knox. . . . . . . . .http://www.knightknox.com/Property_s...opertyID=28403
Regards
Hemingway.
Last edited by hemingway; Feb 11th 2009 at 8:31 am.
Feb 13th 2009, 12:47 am
#1874
Just Joined
Joined: Feb 2009
Posts: 1
Re: GOA - Buyer Beware!
Hi, we are Brits who until recently lived in Goa.
My wife and I have been reading your posts on various subjects with interest, particularly those appertaining to buying property in Goa. We are concerned that many people are buying off plan without making the provisional checks and just taking the word of the sales people and advisers involved. Good salesmen simply tell you what you want to hear.
Please don't get too carried away with choosing the furnishings and colour of the tiles in the bathroom before you have done your homework.
It is difficult (at the moment nigh impossible) to fulfill the requirements for residency / company formation / visa acquisition etc. without the additional hurdles that are involved in buying off plan. The first set of issues are dealt with on IndiaMike.com forums foreign owned property in goa and foreign owned property in goa part two.
For those who are also attempting to buy off plan please go to www.amchegoa.com , then go to real estate / goa / FAQ
Even if you manage to wade through and comprehend all of this stuff, remember this is India and the rules will invariably change depending on the day of the week, the position of the moon and person you are talking to.
My wife and I have been reading your posts on various subjects with interest, particularly those appertaining to buying property in Goa. We are concerned that many people are buying off plan without making the provisional checks and just taking the word of the sales people and advisers involved. Good salesmen simply tell you what you want to hear.
Please don't get too carried away with choosing the furnishings and colour of the tiles in the bathroom before you have done your homework.
It is difficult (at the moment nigh impossible) to fulfill the requirements for residency / company formation / visa acquisition etc. without the additional hurdles that are involved in buying off plan. The first set of issues are dealt with on IndiaMike.com forums foreign owned property in goa and foreign owned property in goa part two.
For those who are also attempting to buy off plan please go to www.amchegoa.com , then go to real estate / goa / FAQ
Even if you manage to wade through and comprehend all of this stuff, remember this is India and the rules will invariably change depending on the day of the week, the position of the moon and person you are talking to.
Can you help me,
I was buying a property in Goa but have not been able to complete as laws have changed the developer reasures me that he will give me my money back
but cannot reimburse me directly into my bank account in the U.K. however If i can return to Goa he will be able to give me the money then. My question is how do I then get it back to the U.k. If anyone is able to answer my question or are in a similar position please let me know.
I remain ever hopeful but loosing the will this as gone on
for over 12mthsThe amount in question is in excess of £30,000
Feb 13th 2009, 5:26 am
#1875
Account Closed
Joined: May 2006
Posts: 1,146
Re: GOA - Buyer Beware!
hi DOUGAS M
Can you help me,
I was buying a property in Goa but have not been able to complete as laws have changed the developer reasures me that he will give me my money back
but cannot reimburse me directly into my bank account in the U.K. however If i can return to Goa he will be able to give me the money then. My question is how do I then get it back to the U.k. If anyone is able to answer my question or are in a similar position please let me know.
I remain ever hopeful but loosing the will this as gone on for over 12mths
The amount in question is in excess of £30,000
Can you help me,
I was buying a property in Goa but have not been able to complete as laws have changed the developer reasures me that he will give me my money back
but cannot reimburse me directly into my bank account in the U.K. however If i can return to Goa he will be able to give me the money then. My question is how do I then get it back to the U.k. If anyone is able to answer my question or are in a similar position please let me know.
I remain ever hopeful but loosing the will this as gone on
for over 12mthsThe amount in question is in excess of £30,000
