You are right, currently the name generator does not take into account the foreign key column/property name but only the name of the targeted class in the association. In case of multiple relations to the same class, a number is added to the the navigational property name.
We will consider your suggestion as a feature request and will add it to our backlog system, however I am not able to give you a time-frame when this functionality will be implemented.
Thank you for your feedback, it is highly appreciated.
the Telerik team
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