In this article, we talk about main 10 land tricks in India and how to maintain a strategic distance from them.
In spite of the fact that speculators nowadays are better educated, land scammers have saved nobody. From NRI speculators to HNIs, from country landowners to the top corporate officials, everybody has endured eventually or the other. In spite of the fact that we can’t give you a pill that will expel every one of your stresses, we have attempted to highlight real land tricks in India and how you can keep away from property misrepresentation by tailing some preventative strides before contributing.
Main 10 Real Estate Scams in India
- Title Fraud
In this kind of property misrepresentation, a trickster will manufacture property title reports and claim himself as the proprietor or force of lawyer holder for the property. The con artist for the most part targets properties that are either lying empty for long time and properties whose proprietors are staying outside the state or nation. In the wake of fashioning archives, he would offer the property to pure purchasers and when a misrepresentation can be recognized the trickster escapes.
Another rendition of title misrepresentation is executed by fake or fleeting manufacturers. The developer offers a task ashore that is not claimed by him. He would guarantee extraordinary profits for the undertaking and offer freebies to bait guiltless financial specialists. The speculators, for the sake of promising future, neglect to check all title records just to acknowledge later that they have been hoodwinked.