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Frauds and Scams

News about Frauds and Scams in the Real Estate sector

Builder liable after taking token money

In a landmark and in some ways historic judgement,the Maharashtra state consumer disputes redressal commission has ruled that once the builder takes token money and signs on an agreement (it need not be registered),he is liable to complete the deal.The commission also ruled that the law of limitation (passage of substatial time between the offence…
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