Dear Friends, Valued Supporters and Fellow Cheated Home Buyers,

While it seemed a near victory or relief for over 100 K home buyers in Delhi/NCR stressed out for the last 10 years+ in litigations/uncertainty, careful and not completely unfounded thoughts by Cheated Home Buyers is looking at possibility of NBCC compoleting all pending projects given the cash flow needed.If you refer the curreny numbers clearly spelt out, need for funds, anticipated receipts and 'doubts on land bank monetisation in a realty downturn situation, unless some funding is backing up NBCC, projects work will come to a stand still as hapened in Amrapalli Eden Park and Castle. NBCC is like any other profit making objective organisation and while project execution given the enormity of Amrapalli/Unitech/Jaypee completion of more than 130 K flats is a question mark, more grave is the money needed to complete the same and bring execution to hand over rotations. Ideal would have been a Satyam or ILFS kind of intervention by Centre where many of such issues could be addressed-pl read the article carefully. Getting back siphoned money from overseas is easier said than done.

On behalf of Cheated Home Buyers, I make an humble appeal to the Centre as has already been pointed out by several associations that 'stress funds creation' is the need to once and for all remove this filth and start the realty markets afresh with strict RERA implementation.