noida land scam

here is my view on noida land scam. why my view when so many already there, since i havent come across same view. Why any view - well these scams are really taking my thoughts since one i dont have anything else to inspire me. secondly its kinda of interesting , kinda like a movie with infinite movie twist . where u will never see whats really going on & Really clever villains .

SO , what is noida land scam conspiracy theory - As you might know by now that , that land which was sold to builders as industrial land (either that or some issue with land rates ) , they used it to construct flats . Now supreme court is saying that these flats cant be sold . But its already sold and people have already paid much of the amounts fr these some constructed and other which are still ,underconstuction . So the buyers are stuck now, not knowing what the future holds for them.

Before i tell you about the flats more i must tell you about this case from bank of Punjab. bank of Punjab had given fixed deposit interest to NRI . Suddenly there was decrease in all over India of interest rates. Now this put bank of Punjab in a lot of trouble they would have to pay so much more interest then rest. So they thought of a plan and spread a propaganda that bank of Punjab has gone bankrupt. This made people fear for their money and rush to bank and get whatever they could. The bank on the face said their is absolutely nothing to worry which left no doubts in peoples mind , that now bank of Punjab is surely gone bankrupt.

Well people came and asked for their money. they had all the cash ready and gave it . This way bank could also keep a good image and also get out of its mess.

Now same here people have been promised flats for about 25 lakhs. Due to increase in building cost and also much more increase in land cost it absolutely makes no sense to these builders to sell of flats at these rates. But creating this fear that no one is gonna get any flat and one can lose entire life saving , many people might rush and get what ever money + interest deal they get now. These builders can sell of their flats anew at much higher prices.

Once again , this theory is based on the physiognomy and way builders talk. First up they say that the interest of buyers is supreme (simultaneously creating a fear and talking about buyout option).