Real Estate Complaints
The term ‘Real Estate’ refers to the property consisting of land, and any structure or buildings on it. It involves the purchase, sale and development of land, residential and non residential buildings. Buying or selling of house/property is one the biggest decisions a person has to take in his life and for this people generally look for agents/brokers. The Real Estate agents/brokers have an in-depth of knowledge of all the available properties in and around their domain. However, there many agents/brokers who make wrong use of this information. They make promises to their client and in return deliver them nothing and in this way trap them. Real Estate fraud is one of the most commonly occurring frauds in India. So what Real Estate fraud mean? Real Estate fraud/scam occurs when an individual or an agency uses false/wrong information for any real estate related transactions. The most common type of Real Estate frauds include False promises, Delayed Approvals, Mortgage fraud, Foreclosure fraud, title fraud and Value fraud. Mortgage fraud refers to the omission of crucial information related to the real estate property which can result in fraudulent transactions. Title fraud happens when the ownership(title) of the property is falsely changed. For instance, one person sells the property to another person by claiming to be the owner of the house. Value fraud occurs when the buyer is misinformed about the real/actual value of the property. So what steps can be taken to prevent such Real Estate frauds? Firstly you should read each and every agreement document detail carefully. You should avoid rushing and finalizing the details. You should do a thorough background check of the builder/agents/brokers prior to signing the contract. Moreover, getting an appraisal of the property helps you to get the fair value of the property. Finally, you should not be lured by their verbal promises. Rather, you should have them in writing in printed paper so that you can use it as evidence if required further. However, if you have become a victim of this and want to complaint against builders or Real Estate agents, what should you do? First and foremost you should schedule a meeting with the broker. The broker is the party who owes you the fiduciary duty whereas the agent is merely the broker’s employee. You should therefore be vocal about your complaint or you can even write your complaint on a paper. If you believe the agent hasn’t performed as promised you should gather all the supporting documents and attach it along with the letter and send it to the broker. You can even ask for a resolution from the broker. If you still believe they are not offering the required resolution or are ignoring your complaint you can approach the consumer forum. We at Voxya help in preparing the case documents for approaching consumer forum. We generally receive 30 monthly complaints regarding Real Estate agent/broker/builder frauds.
Not refunding Depositors amount (Vikhyatha Infra Developer) Open
Vikhyatha Infra. Developers also know as Harithavanam Projects, took deposit amount of ******/- INR, to book the plots near Yadadri Temple, but their site is not near to Yadadri Temple, and ** km away from the Temple. When I enquired why, they ...
Sep 26, 2019 by Laxminarayana
Builder not returning money after cancellation of booking (Aliens Developers Private Limited) Open
Booked a *BHK flat in "Aliens Space Station Tellapur Hyderabad" on July ****. I was told possession date will be Jan-**** + * months grace period. I have paid **% of total flat cost as booking amount and remaining amount was decided to pay with...
Sep 17, 2019 by Jitendra Chandani
OCCUPANCY CERTIFICATE NOT PROVIDED FROM PUNE MUNCIPAL CORPORATION (Safron Developers Pvt.ltd. ) Open
MANY GREETINGS, SIR, I HAVE PURCHASED A * BHK FLAT AT JUBILEE PARK CO OP HSG SOC.LTD, WARJE, PUNE ****** FROM M/S.SAFRON DEVELOPERS PVT. LTD. FOR RS.** LAKHS IN NOV. ****. BUT STILL BUILDER(PRASHANT SINGH-**********) IS NOT PROVIDING OCCUPAT...
Sep 15, 2019 by PRADIP RAJARAM KULKARNI
Parking not allotted for more than 2 Years (Avnee and Veda Associates) Open
Hello, I bought flat in optima heights, Kesnand, Pune - ****** on Aug ****. Builder Promised to allot four wheeler parking in * months (Parking Allotment is mentioned in Index *). I followed up after * months he said my govt approvals have g...
Sep 13, 2019 by Jaydeep Sanghavi
Developer cheated for land after taking money (Tirumala Developers & Builders) Open
I have paid *.*L lakh to the refereed developer (Mr. Amar, Mobile no **********) through his then employee Mr. Sashank,, Mobile no **********) for two plots at Gudibande Taluk, Chikkaballapur district in the year **** and paid *,**,*** ( two la...
Sep 12, 2019 by Sudhansu kumar padhi
Cheating case by RERA vendor (Rera) Open
I bought **** sq.Ft plot (plot no.**) in the green valley at Baglur against total payment of Rs.**.** lacs through Neft only. But it was astonished to see that the sale value mentioned as Rs. *.** lacs in the sale deed on **.**.****. The paymen...
Sep 05, 2019 by JAWAHAR LAL SHARMA
Incomplete work of our flat by the developer (Suranjan Chanda Developer ) Open
I have purchased a flat from Suranjan Chanda (Current address Silver Square *th floor P*** Lake Town Block A Kolkata) at *** Station Road East, PO+PS- NewBarrackpore, **pgs North, Kolkata ******. I and other flat owners registered our flats at ...
Sep 05, 2019 by Amit Kumar Chattopadhyay
Not refunding booking amount (Supertech (india ) Private Ltd.) Open
I booked a unit D*/**** in Supertech eco village two. After the booking, I applied for a loan through PNB bank what PNB did is they closed all my current running loan and after two months they told me that the sum amount loan or the loan can no...
Sep 02, 2019 by Vinayak bisht
Delayed possession for 6 years need money back (Pivotal Infrastructure) Open
I have a property in Faridabad with Pivotal group (*bhk, **** sqft, Tower **, flat no ****) at Ansal Royal Heritage which I bought in **** April. Its been almost * years I have been waiting for the possession but still no update. Due to my rece...
Sep 02, 2019 by Sourav Deb
No refund in more than 15 days (Urbanclap) Open
I had done online booking for hairdos from Urbanclap on **.*.** and tried online payment * times which were apparently denied. But the amount was deducted from my bank. Was assured of refund in *-* days. But it's been more than ** days I haven'...
Sep 01, 2019 by Vinita Shetty
Full refund for my flat booking (Candeur Landmark) Open
I booked a flat with candour Landmark in Bangalore on July **st **** by paying * lakh as booking advance but later through other sources I came to know that the flat sold to me was an EWS flat. Hence I dropped them an email asking to cancel my ...
Aug 31, 2019 by Karthik Gopalan
Builder not giving possession of flats (METRO BUILDER (ORISSA) PVT.LTD.) Open
We have sold all our parental property & purchase a flat at Bhubaneswar. We have paid almost all dues of the builder. But unfortunately the builder is playing with us and not giving possession of our flat & demanding more undue amount. We bo...
Aug 30, 2019 by NISHIKANTA PANIGRAHI
Booking money not refunded (GM Infinite India PVT Ltd) Open
My brother and I booked flat C**-** in GM Infinite Ambitious Enclave project last year. We were not able to go ahead as we were busy in treating my father's illness. We had a gap of communication and we were not able to pay the subsequent deman...
Aug 29, 2019 by Samar K Tripathy
Refund of my flat booking (Indiabulls Housing Finance Limited) Open
I got a housing sanction loan from Indiabulls Housing Finance ltd on **/**/**** for a flat booked at Tata value homes ltd, Bangalore after assurance from the sponsored financer Indiabulls Housing Finance Ltd. Initially, I paid booking amount *,...
Aug 29, 2019 by Balakrishna Patnaik
Refused for registry of flat after taking 100% payment (Attractive Nirman Pvt. Ltd.) Open
I have booked Flat No. ***, * BHK of *** SQ Fit in BCC Shakti situated at Faizabad road Lucknow, Next to Sarasvati Dental College. Branch office of Attractive Nirman Pvt. Ltd. is at *th floor, Ganj Trade Centre, ** Capper Road, Hajratganj, Luck...
Aug 27, 2019 by AJAY KUMAR GUPTA
Deliberately holding refund of subscription (Nobroker) Open
Had put up an Ad in No broker for renting out my property. No broker team chased me a lot to pay-subscribe to their Owner Super Moneyback Plan wherein they will find a tenant or return the money if they cannot find within ** days or I find a te...
Aug 22, 2019 by Aniraj K R
Company is not registering my plot (Fortune9 Estates ) Open
I am working at Wipro Ltd. I purchased a plot at Patighanpur in M/s.Fortune* Estates at Royal City Phase * and it has an LP number - ******/LO/Plg/HMDA/****, Date: ** December ****. M/s. Fortune* Estates management allotted a plot to me and the...
Aug 14, 2019 by Dedeep Uppalapu
Fraud in plot registration (UDA east county phase 2) Open
We got cheated by one layout developers called UDA East County Phase *, Hoskote, Bangalore Rural on the day of property registration in sub-registrar office of Hoskote. On **th May ****, our property registration no is HSK-*-****-****-** and HS...
Aug 11, 2019 by Jaya Afre
Supertech Limited failed to send original documents of property address (Supertech Limited) Open
This is to bring to your notice that I have purchased a flat in Supertech Eco village* Tower G* Flat **** in October **** (CRM *******) under subvention plan and later I have shifted to Supertech Eco village* Phase* Tower K* Flat **** in May...
Aug 10, 2019 by Mohammed Raheem Hussain
Extra charges added illegally (nestaway) Open
I would like to highlight the wrongdoing by real estate management firm Nestaway. When we moved into our apartment it was managed by a company called Zenify. Our monthly rent was decided to be *****. This was including maintenance and water sup...
Aug 06, 2019 by Charles
