Most of the home buyers and investors in Bhagtani Sapphire Project in Dahisar East have purchased at the rate of Rs.6000/- to Rs 6500/- current market price in the same vicinity is Rs 10.500/- to Rs 11.000/- and most of them have paid Bhagtani in cash and cheque, if you approach RERA Authority it will be difficult to prove the cash amount transaction and RERA will give relief based on cheque amount. The relief will be interest 10% per anum and compensation for delayed period of possession which will not be a good deal. If more aggrieved home buyers come together then to approach NCDRC is a good strategy as builder will be forced to pay as per current market price click the link below for similar case where builder was forced to pay the home buyer as per current market price https://wakeupindia-designer.blogspot.in/2016/09/consumer-court-case-order-in-favor-of.html?showComment=1506122525401
The best part is court order the builder to pay the difference of amount between booking price and current market price.
Here is the excerpt of the judgement
"It would thus be seen that the minimum price of a residential flat in Bandra (West), as per the documentary evidence produced by the complainants, is Rs.65,000/- per sq. ft. of the carpet area. Computed at the said rate, the estimated current market value of the flat allotted by the OPs to the complainants comes to Rs.5,38,46,000/-. As per the quotations received by the complainants, the price of one car parking is Rs.20,00,000/-. If the aforesaid amount is added to the estimated price of the flat, the resultant price comes to Rs. 5,58,46,000/-. Since the OPs allotted the flat to the complainants at the aggregate price of Rs.1.93 crores, they are required to pay the difference between the current estimated price and the price on which the flat was allotted to them i.e. Rs. 3,65,46,000/- as compensation to the complainants. As noted earlier, the alleged cash payment of Rs.67 lacs has not been denied in the written version filed by the OPs. The complainants have placed on record a kachha copy which according to them is signed by one Hanif Hingora, who at the relevant time, was a partner of OP No.1. The total amount paid by them comes to Rs. 1.93 crores."
The famous Patna Museum, started in 1917, turned a hundred years old this April. Today, it was shut down to move its wealth of national antiques moved to an autonomous museum by the government.
This had been coming and students of the neighbouring College of Arts and Crafts celebrated its centenary as well as fought tooth and nail to keep it alive as only the love of Art students used to haunting priceless treasures can. Speaking with several people fighting the government to keep a piece of Bihar's priceless heritage alive, I pieced together a story that to me, at least speaks of devastating loot, in the same manner is the ongoing privatization of many national resources from water to historical antiques.
In a state with an abundance of museums falling to disrepair for an alleged lack of funds, and public infrastructure as well as citizens lacking basic amenities in large swathes of the state, and at a time when Nitish Kumar was busy touting Bihar's poverty, he also saw fit to give 17 acres of land and an estimated 500 crores for the construction of a "world class museum" that would run as an autonomous trust. The usual circus of corruption followed. Tenders through an opaque process, cronies on board, astronomical consulting fees and when challenged, plain ignoring the courts and delaying the case till the project became too big to fail in spite of the High Court judgment clearly saying that the Bihar Museum project was not in public interest (even though it refused to stop it because the project was nearing completion by the time the case concluded). If you're thinking this sounds like UIDAI and Aadhaar, you wouldn't be alone.
An important distinction here, is that the Patna Museum is a Government Department, while the Bihar Museum is owned and run by the Bihar Museum Society - which is basically an NGO with the board appointed by the government, but it is not a government body. It has no legislative backing as a government body. So, what is happening here is that the treasures of the state are being handed over to a privately run organization, while the government fudges this knowledge from people by calling it a "government museum". If it is a government museum, why is an autonomous body recruiting people for it? When was the transfer of the museum done from the Society to the government?
And a 100 year old museum that belongs to the people of Bihar - which amounts to a heritage treasure in itself, is being killed to fill the NGO's museum with world famous antiques and archaeological finds. Its most crucial and valuable exhibits, referenced by archaeologists worldwide in countless books - artefacts dating to before 1764 - will be transferred to the Bihar Museum. There is also fudging of legal process. For example, exhibits on loan from Archaeological Survey of India, Indian Museum in Calcutta and the Lucknow museum cannot be moved without their consent. They have not consented. The pieces are being moved anyway, illegally. Jaya Sankritayan, daughter of Rahul Sankritayan is furious> Her father, Rahul Sankritayan had given his finds of Buddhist and other artifacts from the 12th Century explicitly to the Patna Museum for display. In the event the museum closes, they would revert to the family, she is absolutely not consenting to them being moved to the Bihar Museum.
What this basically means is that the government gifted an entire museum to an NGO. But it also has other implications. While the Patna Museum can rely on the Bihar government for funds, the Bihar Museum may be eligible for funds, but it is the government's discretion whether it gives them and it must raise funds from its own resources and visitors. This pretty much guarantees that sooner or later, the fees for viewing the museum would be priced way higher than the Patna Museum in a state with large numbers poor people who wouldn't be able to view their own heritage - or the shortfall would be made up in other ways and it not being a government Museum, you wouldn't be entitled to answers from the Bihar Museum.
This means, it is vital for the Bihar Museum to be an economic success. And economic success in the armpit of a world famous museum that is a hundred years old would be difficult. The government of Bihar has come to the rescue by giving the Bihar Museum the exhibits of the Patna Museum and shutting down the Patna Museum instead of having to develop its own collection! If you look at what is going on here, you have an NGO that is being given government land, public funds and irreplaceable national archeological wealth to create and run a museum as a private entity. The question must be asked why give all this to an NGO then and why not let it belong to the people of Bihar?
To do this, the 100 year old Patna Museum, which is owned by the state of Bihar and which could easily have been upgraded to "world class" for a fraction of the cost, was raped of its archaeological treasures, including the world famous Didarganj Yakshi sculpture estimated to be 2500 years old, a holy relic of Lord Buddha, Chausa bronzes and many other archaeological finds referenced in scholarly works worldwide. To understand the history of the Museum and how intertwined the creation and curation of the Patna Museum is with the assertion of the identity of the state of Bihar itself, read this loving article by Salila Kulshreshtha that makes it come alive. This Museum opened, in its current glory for the last time yesterday.
When I spoke with Dr. C. P. Singh, General secretary of Bihar Puravid parishad, his anguish 90% of Patna museum's antique exhibits being given to Bihar Museum was unmistakable. And why not? From the little I know, the priceless archaeological finds in a museum are its soul. Which well wisher of a museum would tolerate being forced to part with most of them? His concern was even greater that there wasn't proper infrastructure yet at the Bihar Museum to handle the precious cargo coming in. "Even if we move homes, we have to be careful about the furniture, over here we have world famous relics that need to be handled with care and documented properly". Another concern I heard from an activist was that the inventory was not properly documented. In the hands of a private organization, it would be impossible to say if priceless artifacts from Bihar's history vanished without trace. The cynic in me is fairly certain that this, to the Bihar government and Bihar Museum Society, is a feature and not a bug.
I am not a lawyer, but even to the most uneducated eye, what is going on is clearly a transfer of public assets and funds to private hands in the name of creating a modern museum. In other words, a scam. I agree with the students of College of Arts and Crafts, Patna and the Patna Sangrahalay Bachao Samiti (Save the Patna Museum Association) that the Patna Museum needs to be saved, its painstakingly curated collection of exhibits returned and its dignity that is so interwoven with the history of Bihar itself must be restored.
I hope better legal minds than mine will scrutinize this situation and assist the cause of those fighting an overwhelming war to save something precious.
I am often challenged about my political views, because I am "anti-BJP". So naturally, BJP trolls imagine that I am a Congressi, or Commie or Aaptard depending on what day of the week it is, I suppose. I don't support any political party. I don't have a preference for any political ideology. I don't have any preference for economic policy - as long as it is fair and does not disadvantage citizens by class. I see India as a shared space for all citizens, but I don't insist that you must obey me. I support and oppose all political parties depending on what they are up to - with one seeming exception - the BJP. This is because I don't see BJP as a political party at all. I see it as a cartel of opportunists at best and criminals at worst depending on what is going on. In my view, they have amassed power by hook or crook, telling blatant lies and faking their way to the top and have no regard for the well being of the country whatsoever. Here are further observations toward this.
Incompetence being a virtue with Modi sarkar
Ever since the election win to now, all the appointments by Modi sarkar have had one overwhelming common factor - the people appointed are spectacularly bad for the roles they are appointed. And this is not because of a lack of good people, but because to be appointed, an important requirement is that the people do not have any particular ambition for excellence that could get in the way of compromises that would be made for profit. Even a right wing Modi supporting professional would find it necessary to object if blatant wrongs were done - it is easier for the profiteers to have incompetent people there.
The list is endless and mentioned well here, but for a quick gist - the RBI governor who would face NPAs as among his hardest challenges is Urjit Patel, who has more experience governing the GSPC defaulting on loans than paying them. With a galaxy of outstanding actors kowtowing before the government in public and even making the sort of bigotted statements that appeal to the BJP crowd, the choice for FTII was Gajendra Chauhan. Gajendra who? Exactly. Ankit Fadia, absolutely sneered at among serious hacking/coding circles for being a "script kiddie" at best - was appointed as Digital India's brand ambassador - BJP with its legions of trolls and endless website launches hardly lacked good coders. Smriti Irani who could have served the FTII better than Gajendra Chauhan at least, was chosen to be the Minister of HRD - the biggest wrongdoing by her that was attracting attention was her faking educational qualifications. As HRD Minister, she would also be overseeing education. Including that of those far more educated than her.
The list goes on and on and on, but the basic point is this, deliberately putting incompetent people in key positions is an act that harms India and it is consistently done by the BJP government to the point that there is no doubt that it is deliberate. It is an intentional undermining of India. And there is a reason. A professional who takes pride in his work is likely to take pride in governing to high standards. Also a person who is authoritative about their subject is unlikely to have the kind of blackmail triggers that BJP likely uses to create puppets for its corrupt purposes - more on that later. That makes the blatant perversion of quality in the country going on harder. For example, would an excellent professional simply nod and agree if cronies were allowed to profit from every sector they could? Would a professional agree to favor incompetent and unlicenced cronies on critical things that could result in dead people? This, I see as a direct attack on India. BJP is an absolute enemy of India in my eyes. It is not a political party merely ideologically differing with others on how India should be governed, it is an entity that has absolutely no priority of excellence for the country or even preservation.
Denial of the achievements of India
In their process of ideologically wiping out their much hated Congress, the BJP consistently defames the country. Over and over. Relentlessly. There isn't much to say here, because it is an outright falsehood, so I simply quote a disgruntled Congress supporter "If the Congress hadn't brought India from a struggling colony to the tech age, this blight (Modi-BJP) would not be inflicted on the country with their false propaganda."
BJP operates through a process of dehumanization. Dehumanization is necessary in order to make people hate. No one likes to think of themselves as malicious to another human being. When they are reduced to hollow symbols of evil and stripped of all identity beyond that, it becomes possible to absolutely want the extinction of a "concept" you have been taught as harmful. The crazy buggers spewing hate on a daily basis can do that, because they have been conditioned to see anyone not BJP through various lenses that they have been taught. No one independently comes up with identical labels for any entity, because independent minds operate in diverse ways. Even all critics of BJP and Modi will have their own reasons and methods and they may even vary from subject to subject, mood or time. In contrast, those spewing hate will have very specific reasons for very specific categories of people - this is because the information provided to convince them what "reality" is, is the same.
Those who see Muslims hunting Hindu girls when a government action fails massively don't realize that they are being used to leverage nuisance value and misdirect attention from issues important to the well being of the country. It is not possible that thousands of supporters of one party alone actually have seen Muslims target women and others haven't. But they have been told so many times and in such convincing ways, that the stories they are told become real to them. Then all it takes is for whoever is controlling the propaganda to trigger the outrage when needed. Earlier it used to be subtle. Private groups and whatsapp and such. Now it is in the open, with most news channels discussing the demonetisation and other news of importance to the country, the Republic was busy broadcasting a victimhood narrative. Hindu khatare mein hai! The programmed trigger for bhakts to start attacking people who are not BJP for whatever latest threat has been announced.
With BJP getting less than a third of the votes, this basically targets the vast majority of the country for bullying with various labels and insults. This is basically creating a culture of cruelty and the only people benefitting are the leaders and cronies of BJP - even the supporters will actually lead less satisfying relationships because their minds are constantly bombarded with behavioral triggers to be intolerant. Such a mind finds the world divided into two types of people - those in agreement and those not. And it does not stop with the online world of politics. Once conditioned to be inhuman to those who disagree, the mind will tend to react in such a manner to all disagreement. Quality of life and relationships will be considerably undermined, unless they manage to live among people who always agree with them.
The profiteering cartel that is BJP
It is hard to find a single large group of people - particularly people with criminal leaders or members that is not affiliated with the BJP. This is not an accident. BJP has gone around collecting people - regardless of political ideology - to support them electorally. It appears that being a criminal is actually preferred - possibly so BJP has CBI investigation blackmail leash. There are businesses exploiting the resources of the country with no checks and balances in sight. Various godmen are undercutting established manufacturers on prices and cornering markets - not because their quality is better, but because their business being religion, is tax free - even inferior quality FMCG products. Entire monopolies are being created. Crazy godmen are sheltered from law in return for votes from their massive followings. Even a "corrupt Congressi" like Nilekani has been able to impose his globalist scam of Aadhaar with far more impunity with this cartel than he ever could with the Congress in rule and acting on public demands for committees and such (even though the Congress is no innocent). Politicians accused of crimes and corruption by BJP have switched parties to join the BJP and in many instances contest on seats and win. It is a cartel of criminals and profiteers becoming a monolith and giving each other impunity. And this too has been dishonest. Economically disadvantaged groups were exploited for electoral profit and discarded after winning. Bharatiya Majdoor Sangh - the labour wing of the RSS has suffered like all other labourers in the country and protested and objected and complained with no interest from the government whatsoever in improving the conditions of workers.
The Swabhimani Shetkari Sangh representing farmers in Maharashtra has withdrawn support for the BJP after three years of farmers being betrayed by them after being elected. They had vigorously protested the cattle slaughter ban as well. To no avail. The rapist godman Ram Rahim who was affiliated with the BJP, whose supporters were allowed to amass and intimidate the High Court prior to his verdict were dumped once he was convicted and became a political liability. Other rapists are still enjoying protection as long as they hand the votes over to BJP. Today after fifty kinds of "reasons for demonetisation" dodges, Arun Jaitley admitted, as this blog had immediately pointed out among many others, that the demonetisation was done to encourage the country to move to digital payments. Yes, you hear that right. The finance minister of the country had absolutely no problem with an economic assault on the country that devastated lives and livelihoods - to promote payment products.
There is no resemblance to a political party. There is no attempt whatsoever to represent the interests of the people. This is why I say I am politically completely neutral. I am anti-BJP because I am anti-criminal cartels. I don't see them as a party. It doesn't walk, talk or act like a party, therefore to me it isn't one.
Three days ago, the UK newspaper, Guardian, made public excerpts of a 97-page show cause notice issued by the Directorate of Revenue Intelligence (DRI) to an Adani Group company: M/S Maharashta Eastern Grid Power Transmission Company Limited (MEGPTCL).
On 5/2/2013, DRI under UPA-II initiated an enquiry into over-invoicing on import of electrical machinery by a subsidiary of the Adani Group.
This investigation ended on 15/05/2014. The summary of this investigation:
Note: The accused MEGPTCL, a wholly owned subsidiary of Adani Enterprises Limited, an Adani Group company, is a Power Transmission Company (TransCo). For electricity to reach our homes, first the fuel is procured, then electric power generated in a plant. This power is then transmitted through a Distribution Company to our homes. So the electricity chain is: import coal --> import machinery for Generation Company (GenCo) --> import machinery for TransCo --> sell power through DisCom. The DRI investigation exposes the TransCo part of this chain. The background, as described in Michael Safi's Guardian report:
India is electricity-starved. More than 240 million Indians – enough people to form the fifth-largest country on Earth – lack access to regular power.
In the early 1990s, to encourage power companies to build electrical infrastructure, the Indian government eliminated import tariffs on technical equipment such as reactors and transformers. Profit margins on these projects increased overnight.
Adani saw the business opportunity. In 2010, the Maharashtra Eastern Grid Power Transmission Company Limited (MEGPTCL), a wholly owned subsidiary of Adani Enterprises, was granted a license to develop two electricity transmission networks in the north-east of the state.
Per the DRI investigation, Adani Group routed the purchase of equipment via a front company in Dubai, thus inflating the price of equipment by nearly 400%. The ensuing profits were then transferred to a trust in Mauritius controlled by Vinod Adani.
Vinod Shantilal Adani, the elder brother of industrialist Gautam Adani, set up a firm in the Bahamas in 1993 and, shortly afterwards, "corrected the spelling" of his name to Vinod Shantilal Shah.
The Guardian article also detailed how the illicit profits were siphoned off out of India (as summarized in the DRI notice).
How much money was siphoned off by MEGPTCL? Nearly INR 1,500 crores!
The DRI notice was issued May 15, 2014. 9 days later, Narendra Modi flew from Ahmedabad to Delhi on an Adani aircraft to become India's 15th Prime Minister.
So there's a siphoning off of illicit profits by the Adani Group, who have backed the winning horse in the 2014 General Elections Narendra Modi, who then proceeds to stymie the investigation against them. The public is left to bear the cost of it all, which is where the INR 2/unit #AdaniTax comes in. It’s not only about the INR 1,500 crore; inflated invoices have a downstream impact on wheeling & generation charges:
Further, Adani Group clearly stands to profit from every part of the electricity chain ( import coal --> import machinery for Generation Company (GenCo) --> import machinery for TransCo --> sell power through DisCom). There are more dots to join - one detailed in the June 2016 issue of The Economic & Political Weekly by Paranjoy Guha Thakurta.
Thakurta also co-wrote with Aman Malik a similar article in The Wire which talked about an ongoing investigation into over-invoicing by as many as FORTY of India's biggest energy companies. A side note: Thakurta recently resigned as Editor of EPW after a defamation notice from - no prizes for guessing - Adani Group!]
Summaries of these articles from the INC Press Release:
The more you delay the adjudication process, the more the cases fade away from public memory and our collective consciousness.
Adding up all the over-valuations: in coal imported - INR 29,000 crore; in power plant machinery - INR 9,000 crore; in compensatory tariffs - minimum INR 10,000 crores!
So the INR 50,000 crore question is, how does this affect the electricity tariff charged to consumers? See the excerpts below:
To repeat: As many as 40 energy companies, including Adani Group, overvalued invoices and transferred the (inflated) cost to electricity consumers! Why should consumers foot this padded bill? Why is Narendra Modi, of na khaunga na khaane doonga fame, silent on this?
The demands made by the INC:
Immediate reduction of tariff by up to factor of ₹2/ unit wherever these companies are producing & transmitting electricity.
Immediate CBI investigation monitored by a judge of the Supreme Court into the corrupt practices of over-invoicing
The Central Electricity Regulatory Commission should investigate all private power generating entities to identify over-pricing of equipment
It is high time that Narendra Modi stopped dishing out #LalQileKeJumle and took strong action against looting of Indian public! Expose #BijliScam! Remove #AdaniTax!
Postscript: Aamjanata.com agrees it is high time Narendra Modi delivered on his repeated vows to cleanse the system of political corruption.
This story about disproportionate growth of assets of Gujarat leaders appeared in the Times of India and affiliated publications and was withdrawn without explanation. It compares declared assets and liabilities from affidavits filed in 2012 and 2017 as well as income and the numbers don't add up. The story clearly implies a suspicious growth in assets of both BJP and Congress politicians (2 BJP, 1 Congress, 1 Congress recently turned BJP) - Balwant Singh Rajput, Amit Shah, Smriti Irani and Ahmed Patel.
In the meanwhile, this story vanished from DNA.
The following story vanished from Outlook Hindi
आंकड़ों के मुताबिक गुजरात से राज्यसभा चुनाव लड़ने वाले लगभग सभी प्रमुख उम्मीदवारों की संपत्ति में काफी बढ़ोत्तरी हुई है। भाजपा के राष्ट्रीय अध्यक्ष अमित शाह की संपत्ति में भी खासा इजाफा हुआ है। जहां 2012 में उनकी चल संपत्ति 1.90 करोड़ रुपए की थी जो अब यह बढ़कर 19 करोड़ हो गई है। अपने शपथ-पत्र में शाह ने अपनी संपत्ति का विवरण दिया है। इस विवरण के अनुसार उन्हें 10.38 करोड़ रुपए की चल संपत्ति पैतिृक तौर पर भी मिली है। आंकड़ो के मुताबिक पिछले 5 साल में शाह और उनकी पत्नी की चल और अचल संपत्ति में कुल 300 फीसदी का इजाफा हुआ है। 2012 में उनकी कुल संपत्ति 8.54 करोड़ रुपए थी, वह बढ़कर 2017 में 34.31 करोड़ रुपए हो गई है।
प्रमुख उम्मीदवार भी हुए मालामाल
#मालामाल सांसद उम्मीदवारों की फेहरिस्त में केंद्रीय मंत्री स्मृति इरानी का भी नाम अहम है। इरानी और उनके पति जुबिन इरानी की संपत्ति में भी 80 फीसदी की बढ़ोतरी हुई है। इरानी दंपती की 2014 में 4.91 करोड़ रुपए अचल संपत्ति बढ़कर अब 8.88 करोड़ रुपए हो गई है। बता दैं कि केंद्रीय मंत्री के पति की संपत्ति में तो वृद्धि हुई है, लेकिन खुद उनकी निजी संपत्ति में कोई इजाफा नहीं हुआ है।
#मान जा रहा है कि कांग्रेस छोड़कर भाजपा प्रवेश किए बलवंत सिंह राजपूत यदि राज्यसभा पहुंचते हैं तो वह गुजरात के सबसे धनवान राज्यसभा सदस्यों की सूची में शुमार होंगे। राजपूत के पास चल और अचल संपत्ति मिलाकर 2012 में 263 करोड़ रुपए की संपत्ति थी, जो 2017 में 316 करोड़ रुपए तक पहुंच गई।
#कांग्रेस के कद्दावर नेता अहमद पटेल की संपत्ति में भी काफी बढ़ोत्तरी हुई है। हलफनामे के मुताबिक 2011 से 2017 तक में उनकी संपत्ति में 123 प्रतिशतकी बढ़ोतरी हुई है। गुजरात से राज्यसभा सदस्य पटेल की सालाना आय 15,10,147 रुपए है। वहीं उनकी पत्नी की वार्षिक आमदनी भी 20,15,900 रुपए है।