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Re: GOA - Buyer Beware!
Hi All,
With regards to the petition I think the point here is that it is in essence at present, ONLY a petition in order for government to RAISE the issue on our behalf and not a legal document , yes perhaps the wording may be "technically" incorrect in its format but surely it is based on a lay persons ideas who in turn expect our government to intervene in the correct legal manner. Which brings me on to my second point which, is unfortunately a critisism of Andy's last points (no offence ) but YES developers and advocates(especially) over there MUST be blamed ! They are the ones who have drawn up contracts etc on our behalf and led us this not so merry dance,they have very much muddied the waters :thumbdown:anyone agree ? Please carry on signing the petition Kan-conned |
Re: GOA - Buyer Beware!
Originally Posted by Kan-conned
(Post 6201359)
Hi All,
With regards to the petition I think the point here is that it is in essence at present, ONLY a petition in order for government to RAISE the issue on our behalf and not a legal document , yes perhaps the wording may be "technically" incorrect in its format but surely it is based on a lay persons ideas who in turn expect our government to intervene in the correct legal manner. Which brings me on to my second point which, is unfortunately a critisism of Andy's last points (no offence ) but YES developers and advocates(especially) over there MUST be blamed ! They are the ones who have drawn up contracts etc on our behalf and led us this not so merry dance,they have very much muddied the waters :thumbdown:anyone agree ? Please carry on signing the petition Kan-conned |
Re: GOA - Buyer Beware!
Originally Posted by Kan-conned
(Post 6201359)
Hi All,
With regards to the petition I think the point here is that it is in essence at present, ONLY a petition in order for government to RAISE the issue on our behalf and not a legal document , yes perhaps the wording may be "technically" incorrect in its format but surely it is based on a lay persons ideas who in turn expect our government to intervene in the correct legal manner. Which brings me on to my second point which, is unfortunately a critisism of Andy's last points (no offence ) but YES developers and advocates(especially) over there MUST be blamed ! They are the ones who have drawn up contracts etc on our behalf and led us this not so merry dance,they have very much muddied the waters :thumbdown:anyone agree ? Please carry on signing the petition Kan-conned The petition is another means of seeking help from our politicians, after all it is the Goan politicians that are persuing this anti FN stance. We began 'buying' our home in November 2006 and no one advised us of any potential difficulties. Do we have to seek assurances when buying a property in EU, from anyone other than our legal representative? Do we have to do our own internet serch in order to be assured we can legally buy? We may have been naive and too trusting but foolish we were not! Daff |
Re: GOA - Buyer Beware!
Originally Posted by Daff
(Post 6202450)
Well put Kan-conned,
The petition is another means of seeking help from our politicians, after all it is the Goan politicians that are persuing this anti FN stance. We began 'buying' our home in November 2006 and no one advised us of any potential difficulties. Do we have to seek assurances when buying a property in EU, from anyone other than our legal representative? Do we have to do our own internet serch in order to be assured we can legally buy? We may have been naive and too trusting but foolish we were not! Daff |
Re: GOA - Buyer Beware!
Originally Posted by Kan-conned
(Post 6201359)
Hi All,
With regards to the petition I think the point here is that it is in essence at present, ONLY a petition in order for government to RAISE the issue on our behalf and not a legal document , yes perhaps the wording may be "technically" incorrect in its format but surely it is based on a lay persons ideas who in turn expect our government to intervene in the correct legal manner. Which brings me on to my second point which, is unfortunately a critisism of Andy's last points (no offence ) but YES developers and advocates(especially) over there MUST be blamed ! They are the ones who have drawn up contracts etc on our behalf and led us this not so merry dance,they have very much muddied the waters :thumbdown:anyone agree ? Please carry on signing the petition Kan-conned |
Re: GOA - Buyer Beware!
Originally Posted by hemingway
(Post 6205038)
Daff - I particularly agree with your last comment & thats probably how I feel that I have been. It's a double edge sword for me because had I discovered this site BEFORE paying money to a developer then I probably wouldn't have gone ahead BUT, friends of mine (FNs) have now got their deeds (I was there when they collected them & have seen/read them) and they have had no problems whatsoever - so, I think to myself, do I try 'get out' & get my money back OR if it's worked out for my friends, I'm going down the same route - so it should work out for me. . . . . . . . :confused:
Douglas - all advice/info still gratefully received. Daff PS Have just received this mail to our personal address box. It is copied in to a cast of hundreds!!! Who says that properties are not still being marketed to FN's??? And where did they get our personal mail address anyway? The only persons who have it in Goa, to our knowledge, are our builder and our advocate!!! .................................................. .................................................. .................................................. ................................... Hi, Please click the link to download the Residential Project of Akar Creations in Goa India http://sketchup.google.com/3dwarehou...e497701c9cd7b3 Please let me know your opinion about the project. we offering 10 % discounts if purchased before 31st april 2008. The project comes with best of the best amenities await for reply regards vineet 9225904942 VINEET DHARESHWAR www.shristirealtors.wetpaint.com MARGOA -GOA (M) 9225904942 Email addr : [email protected] |
Re: GOA - Buyer Beware!
Originally Posted by hemingway
(Post 6205038)
Daff - I particularly agree with your last comment & thats probably how I feel that I have been. It's a double edge sword for me because had I discovered this site BEFORE paying money to a developer then I probably wouldn't have gone ahead BUT, friends of mine (FNs) have now got their deeds (I was there when they collected them & have seen/read them) and they have had no problems whatsoever - so, I think to myself, do I try 'get out' & get my money back OR if it's worked out for my friends, I'm going down the same route - so it should work out for me. . . . . . . . :confused:
I agree with what you say about some people have deeds and have not been hassled by the D of E. From what I understand they started from the year we registered, (lucky us) and are supposed to be working backwards. I think it was 2006 we registered. All our friends who are being investigated are the same year. :curse: |
Re: GOA - Buyer Beware!
Originally Posted by noni
(Post 6205715)
Hi Hemingway,
I agree with what you say about some people have deeds and have not been hassled by the D of E. From what I understand they started from the year we registered, (lucky us) and are supposed to be working backwards. I think it was 2006 we registered. All our friends who are being investigated are the same year. :curse: Hemingway. |
Re: GOA - Buyer Beware!
Douglas - all advice/info still gratefully received.
Daff Hi Daff, Nothing new to add really, the covert operation against FNs by the Goan and central govt is well under way. My prognosis continues to be that the majority of FNs will leave India and the majority of their money will stay behind. There is some justification for this of course, the recent example given of a FNs attorney who presumably swore an affidavit stating that the FNs were resident when they were not, quite rightly pisses everybody off. kind regards douglas |
Re: GOA - Buyer Beware!
Originally Posted by Douglas M
(Post 6206263)
Douglas - all advice/info still gratefully received.
Daff Hi Daff, Nothing new to add really, the covert operation against FNs by the Goan and central govt is well under way. My prognosis continues to be that the majority of FNs will leave India and the majority of their money will stay behind. There is some justification for this of course, the recent example given of a FNs attorney who presumably swore an affidavit stating that the FNs were resident when they were not, quite rightly pisses everybody off. kind regards douglas Know you are busy with your visitors, but when you have time, will you tell us how you think YOU like myself will fair, having done everything properly, (or so we thought). FN's Advocates who swore affidavits should be made to pay the price for their underhandedness, not the FN. Has Mrs. D. had a new vest recently :sneaky: |
Re: GOA - Buyer Beware!
Originally Posted by noni
(Post 6206464)
Hi Douglas,
Know you are busy with your visitors, but when you have time, will you tell us how you think YOU like myself will fair, having done everything properly, (or so we thought). FN's Advocates who swore affidavits should be made to pay the price for their underhandedness, not the FN. Has Mrs. D. had a new vest recently :sneaky: Second para first. Sorry i cannot accept this one, we have had FNs telling us that they have signed leases and think they are sales deeds and now they think they can give POAs to almost strangers and feel they are not culpable. A POA is a serious document, if you dont understand it dont sign it. FNs have to stop whinging and blaming and take their medicine. At least they will leave India with some dignity. The majority of FNs who signed and registered a sales deed after completing 183 days min. in the previous tax year are probably not resident under FEMA in my view, as they didnt have an intention to stay in India. Their intention was to clear off back to uk to their jobs , homes families, investments etc ASAP. I am sure the Indian perspective is that the true FN resident should make a commitment to India and also be restricted with regard to overseas investment( e g uk bank accounts, property, businesses, share portfolios etc) the same as Indian nationals are. In return they are entitled to resident privileges. I cannot read anything into FEMA that suggests they wanted hoards of foreigners to buy second holiday homes in India and then clear off home. Quite the contrary, for that reason the act is clearly restrictive.(and available on line in english, it even has a Q and A section that answers the obvious questions like "can non resident FNs buy immovable property in India " A = NO. If you can bring yourself to adopt the Indian perspective, the whole thing starts to make sense and you begin to see that swearing false affidavits and floating shell cos by FNs is an abuse of their control system. It doesnt really matter what the outcome of the Dof E investigation is, i suspect they will eventually confiscate a few properties, void the sales of those who they deem non resident and simply ignore the rest. The register will remain closed anyway so you will not be able to sell and when you die your estate probably wont be able to transfer the title. If they also tighten the screws a little on the visa front, its check mate for India. Mrs D left her spare vest in Goa, so she is still making do with the camo version. kind regards douglas |
Re: GOA - Buyer Beware!
Originally Posted by Douglas M
(Post 6206727)
Hi Noni,
Second para first. Sorry i cannot accept this one, we have had FNs telling us that they have signed leases and think they are sales deeds and now they think they can give POAs to almost strangers and feel they are not culpable. A POA is a serious document, if you dont understand it dont sign it. FNs have to stop whinging and blaming and take their medicine. At least they will leave India with some dignity. The majority of FNs who signed and registered a sales deed after completing 183 days min. in the previous tax year are probably not resident under FEMA in my view, as they didnt have an intention to stay in India. Their intention was to clear off back to uk to their jobs , homes families, investments etc ASAP. I am sure the Indian perspective is that the true FN resident should make a commitment to India and also be restricted with regard to overseas investment( e g uk bank accounts, property, businesses, share portfolios etc) the same as Indian nationals are. In return they are entitled to resident privileges. I cannot read anything into FEMA that suggests they wanted hoards of foreigners to buy second holiday homes in India and then clear off home. Quite the contrary, for that reason the act is clearly restrictive.(and available on line in english, it even has a Q and A section that answers the obvious questions like "can non resident FNs buy immovable property in India " A = NO. If you can bring yourself to adopt the Indian perspective, the whole thing starts to make sense and you begin to see that swearing false affidavits and floating shell cos by FNs is an abuse of their control system. It doesnt really matter what the outcome of the Dof E investigation is, i suspect they will eventually confiscate a few properties, void the sales of those who they deem non resident and simply ignore the rest. The register will remain closed anyway so you will not be able to sell and when you die your estate probably wont be able to transfer the title. If they also tighten the screws a little on the visa front, its check mate for India. Mrs D left her spare vest in Goa, so she is still making do with the camo version. kind regards douglas |
Re: GOA - Buyer Beware!
Douglas,
Thanks for your honest, and as always to the point advice. Won't bother to employ a decorator to do the place up over the monsoon. It can rot! It is a shame that those of us who honestly wanted to commit to India and who have invested most of their hard earnt savings in order to do so have been lumped in with the 'buy and run' brigade. In defense of a large number of us we did indeed follow the advice of our advocates to take the business route and estate agents who always told us that that we had the right to buy. We trusted them to our cost. Only time has proved that it was all lies. Better get back to work to earn enough money to replace the pension fund which has been wasted. Wonder if we can manage another job each instead of sleeping!! Daff |
Re: GOA - Buyer Beware!
Just checked "The Petition" 44 already !:thumbsup:But I am sure we can all do MUCH BETTER if we really try, to all out there try sending it to at least 5 friends with a personal message attached :wub:
To those who haven't signed it dont worry NO Personal info is shown !Even abbreviate your name if you don't want that shown:thumbup: Come on lets try for 100 in the first week ! Kan-conned |
Re: GOA - Buyer Beware!
Originally Posted by Daff
(Post 6207836)
Douglas,
Thanks for your honest, and as always to the point advice. Won't bother to employ a decorator to do the place up over the monsoon. It can rot! It is a shame that those of us who honestly wanted to commit to India and who have invested most of their hard earnt savings in order to do so have been lumped in with the 'buy and run' brigade. In defense of a large number of us we did indeed follow the advice of our advocates to take the business route and estate agents who always told us that that we had the right to buy. We trusted them to our cost. Only time has proved that it was all lies. Better get back to work to earn enough money to replace the pension fund which has been wasted. Wonder if we can manage another job each instead of sleeping!! Daff You are almost there, fact find, acceptance, understanding- all part of the healing process. FNs should be focusing on the internal process like you are rather than acting in external dissaray. This is a class action against all FNs and those genuinely resident will be penalised along with the rest. I have learnt not to take it personally. Thing scould be worse, you could be Russian. They are at the forefront of the demonisation of FNs. I am in the process of abandoning my house, but who knows the odd FN may slip through the net simply due to the dysfunctionality of the place. kind regards douglas |
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