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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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Builder sells same flat to 2 people,absconding.
A builder by the name of Shirish Rangrao Chavan (age 38) (Suraj Enterprises) is absconding after a case of cheating…
Kalyan-Dombivli illegal building scam assumes horrific proportions
The much talked about Kalyan-Dombivli illegal building scam assumed horrific proportions yesterday when it was…
High Court cautions flat buyers to check papers before buying
The High court of Mumbai warned flat purchasers to verify all documentation and legal papers of real estate…
Bribe lands CIDCO officials in jail
On Wednesday 6th June,the Anti-corruption bureau (ACB) laid a trap for 2 CIDCO officials who were demanding a Rs…
CIDCO scams list
Some of the scams of CIDCO include: (sourced from the internet…
Palm Beach Residency by Wadhwa-Navi Mumbai
The Palm beach residency project by Wadhwa : A brief history Everyone who is looking to buy Real estate in Navi…
How builders cheat flat buyers
In our recent experience,particularly in Navi Mumbai,we have come across numerous instances of builders giving a…
Fraud,cheating cases filed against builder
Developer failed to stick to bldg plan, gave residents possession without OC Two separate cases of fraud…