Vancouver's Real Estate Market

[bcedhk]

I think you're thinking of "Atmosphere", which is another project under receivership.

Looking at Thind's website and track record, it sounds to me another case of overseas builders who think they can approach the same project management and negotiation tactics from their home countries (e.g. India, China, etc...) to cut costs and corners.

[Hondaracer]

A colleague of mine says he knew the Thind brothers and they actually haven’t been directly involved for quite some time? A Chinese buyer purchased the company and seemingly drove it into the ground?

[Harvey Specter]

Originally Posted by Hondaracer

A colleague of mine says he knew the Thind brothers and they actually haven’t been directly involved for quite some time? A Chinese buyer purchased the company and seemingly drove it into the ground?

I don't think that's true. He might have had partners but he was the sole owner.

[Manic!]

Owes over 300 mill. Amazing he only came to Canada in 93. Built one house and saw how much money was made and expanded. He also got into making Punjabi movies/music about 5 years back.

https://storeys.com/thind-properties...receiverships/

[JDMDreams]

I wonder if he's gonna go back to India to farm now? Lots of people dead for owing much less. I wonder what's gonna happen to all the presales, there was that guy in Ontario that killed a builder? Or the mortgage broker I forgot what that scammed him for a million.