Real Estate Complaints
Buying real estate is a big decision, isn’t it? And it surely does not happen every day and we buy it with lots of hope and excitement inside us.
No one likes to get cheated or even face any difficulties after spending so much. But, what to do if your real estate company isn’t delivering as per its promise to you?
What if you don’t get what was promised or the possession is being constantly delayed? Do you know the answer? No? Don’t worry you are at the right place!
This article will explain:
What are real-estate complaints?
What are some of the famous real estate companies in India?
Types of real estate complaints. (Most common issues reported)
How to resolve your real estate complaints?
Yes, this article will solve these questions, So sit back, relax, and continue reading! So let’s start with the most basic question, what are 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 knowledge of all the available properties in and around their domain.
However, there are 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.
Real Estate fraud/scam occurs when an individual or an agency uses false/wrong information for any real estate related transactions. The most common types of Real Estate complaints 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.
Famous Real Estate Companies of India
Presently the real estate industry of India is at $170 Billion and is constantly rising. Below are some of the famous players of this industry.
DLF Ltd: It was founded by Chaudhary Raghvendra Singh in 1946. They started by creating 22 urban colonies in Delhi. Today DLF is the largest real estate company in India which is publicly listed. They have their possessions in 15 states and 24 cities.
Prestige Estates Projects Ltd: Founded in 1986, They are currently one of the top real estate companies of Chennai. They have completed over 210 projects covering 80 million sq ft. The company is operating in the southern part of India and has its projects in cities like Chennai, Hyderabad, Kochi, Mysore, Mangalore, and Goa.
NBCC India Ltd: It was founded in 1960 as the Govt. of India civil engineering enterprise. Having headquarters in Delhi they have a revenue of Rs 6,384 Cr with a profit of 227 Cr and a sales growth rate of 19.5% in the last 3 years.
Indiabulls Real Estate Ltd: In commercial and residential properties, Indiabulls real estate stands for its excellence and luxury. They are also one of the largest real estate companies in Chennai. Having a revenue of Rs. 5,015 crores they clocked profits of 493 crores.
Brigade Enterprises Ltd: Founded in 1986, they have their projects in Bengaluru, Mysuru, Mangaluru, Hyderabad, Chennai, and Kochi. Having a revenue of Rs. 2,973 crores they clocked profits of 427 crores with a sales growth rate of 13.41%.
Oberoi Realty Ltd: Oberoi Realty is one of the best real estate companies in Mumbai. They have made a significant difference in the ease, comfort, and efficiency of the people who trusted them and choose to live in their possessions.
Phoenix Mills Ltd: Phoenix Mills are extremely popular for building mega retail malls, entertainment complexes, commercial spaces, or hospitality units. With revenue of Rs. 2,194 crores the clocked a profit of 504 crores. They have their possessions in Mumbai, Bengaluru, Chennai, Pune, Agra, Indore, Lucknow, Bareilly & Ahmedabad.
Godrej Properties Ltd: Godrej is continuing its excellence with a 122-year-old legacy! In 2010 they did an IPO which raised $100 Million. Having a revenue of Rs. 2,322 crores they clocked profits of 319 crores. Godrej stood 2nd in Asia and 5th in the world in Global real estate sustainability benchmarking.
Omaxe Ltd: Mr. Rohtas Goel started Omaxe in 1987. Rohtas was a first-generation entrepreneur and a civil engineer. In 2007 they got listed in both BSE and NSE. With revenue of Rs. 1,146 crores they clocked profits of Rs. 50 crores.
Sunteck Realty Ltd: They are a Mumbai based real estate company that delivers exceptional projects in the luxury and the ultra-luxury segment. In 4 years the company managed to complete 6 projects. With revenue of Rs. 774 crores they clocked profits of 171 crores.
Yes, these were some of the most popular real estate companies of India and I believe you may probably have come across these companies at least once. But sometimes people face issues even with the most popular or the best in class.
Real estate frauds have constantly been rising and strict actions are the need of the hour so now let’s see some of the most common real estate complaints seen among the peers.
Most Common Issue Reported for Real Estate Complaints:
Refund not given: The most common issue seen is that the people don’t receive their refunds. Thousands of people have added a complaint on Voxya about how their real estate company is not providing a refund of the security deposit.
Some companies are even asking for more money to close the account. Lots of people suffer from this problem as the company doesn't provide the refund and the customer support even stops replying to the customer or in most cases never gives a satisfactory reply.
Delay in Possession: Do you like fake promises? No one does! And imagine dreaming to shift to your new home but every time the date arrives the real estate company delays the possession. That makes you feel angry, doesn't it?
Delay in possession is one of the most seen complaints and is often done by some of the most popular builders. People spend insane amounts of money on their homes and some even take loans. Consumers on Voxya have shown how they have been cheated and no one is listening to them now.
False Commitments: Imagine being promised to get spacious rooms with roof top windows and an open balcony. You can already sense the calmness and the happiness of your own home, can’t you? But what if you get the opposite of what is being promised?
False commitments are also a very popular complaint type while listening to consumers against real estate companies. Lots of people have received incomplete work and some received the exact opposite of what was being promised to them!
Hidden Charges: Let’s accept it, no one likes the hidden charges instead in financial transactions we all love transparency. On Voxya people have shared their stories of how at the time of possession they were not given the key to the house and an extra hidden charge was asked!
Builder not responding: Good customer support is what a lot of potential customers seek in a company and bad customer support is the biggest red flag for a lot of people. On Voxya we have seen a lot of complaints where people are expressing how at the time of need the builder stopped responding and showed absolute pathetic customer support.
As we have seen the most possible disputes, let’s see how you can resolve them. You can see more specific complaints that people have on Voxya's website.
How to Resolve Real Estate Complaints:
So what steps can be taken to prevent such Real Estate issues? Firstly you should read each and every agreement document in 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 on printed paper so that you can use it as evidence if required further.
Step 1: File a formal complaint with your Builder: You can send a written complaint to your Builder with all the supporting documents that you have. The contact details of all the builders are available on the documents that you receive from them or their website contact pages. The company should address your issue in 15 days, incase of not getting the issue resolved or if you are not satisfied with the solution, you can move to the next step.
Step 2: File a complaint in RERA: If the project is registered with RERA then you can file a complaint in RERA. Filing a complaint in RERA is easier than before. Now you can save yourself from all the hassle. Now Anyone can file a complaint on RERA’s website. Here’s a step by step procedure for you to file a complaint:
Go to your state official website. On the portal search for the complaint registration page and find the link to file a complaint.
Click on the registration link and fill all the necessary details. You will need details like Name, address, contact details and project details.
Once the form is fully filled one needs to pay a fee of Rs. 1000 or Rs. 5000 in case of filing complaints before the Adjudicating Officer.
Step 3: Take your Builder to the consumer court: If the project is not registered in RERA then you can file a case in consumer forum. To raise a complaint below are the steps that you need to follow:
Issue a notice to a developer: A complainant must issue a formal notice to the real estate company before filing a complaint in the consumer court. As per the norms, the consumer must inform the builder about the things bothering him/her. If the developer doesn't resolve the issue and doesn't give a satisfactory answer you can proceed with your process.
Submit your complaint: In case of not getting a satisfactory response or no response at all, you can go ahead to submit your complaint at the consumer court.
A consumer can file a complaint about Forfeiture of the amount, cancellation of the project, enhanced external development charges, hidden charges, any alteration in land use, layout plan or structures, fraud in the booking of your property, construction on unauthorized land, construction without obtaining requisite approvals, sub-standard construction quality, not providing completion certificate or delayed possessions.
Pay the Fees: Once you have completed all the form works you can go ahead and pay the fees. A complainant needs to pay the fees according to the category to which he/she belongs to.
If the complaint is worth less than 20 lakhs then it will be addressed by the district consumer disputes redressal forum. The fee for filing a complaint in this category is Rs. 100 to 500.
If the value of the property is above 20 lakhs then the issue will be addressed by the State consumer dispute redressal commission.
If the value of the property is above 1 crore then the National consumer disputes redressal commission will address the issue.
How to track a complaint filed in the consumer court?
A complaint once filed in the consumer court can also be tracked on the consumer court website.
To access the status of the complaint the following details will be required:
Registered mobile number
If you are finding all this information overwhelming and can’t manage to do it all alone then let Voxya help you strengthen your voice and solve disputes from your side.
Let’s Conclude this:
Buying real estate is already a hectic task and getting troubles over them is an absolute nightmare.
We know no one likes that feeling that’s exactly why we build Voxya!
In this article we saw, What are real estate complaints? Famous real estate companies in India, Types of real estate complaints, and How to resolve the complaints?
Voxya is a unique platform for resolving consumer complaints against brands quickly. We help consumers in fighting against injustice, fraud, and lousy customer service.
We use social media, business networks, and legal frameworks to resolve consumer disputes. We take every consumer complaint personally and ensure that we do everything that we can to get the consumer complaints resolved.
So why take so much trouble, If you have the solution just some clicks away!
Get your complaint sorted. File your Complaint on Voxya now!
Most Common Issue Reported for Real Estate Complaints
We have booked a house with nestaway and paid Rs. **,*** and based on rental agreement after paint and other changes expected to receive Rs. ***** from nestaway. We have left the house and handed over key on **th nov and still didnt receive ...
Feb 08, 2021 by Ajay kumar nayak
I have deposited **,*** rs in KMS Homes in **** and my flat manager mentioned **,*** rs in **** rent agreement. He was about to update that in **** rent agreement but due to covid he didn't do it. My last day in KMS home was *st january but my ...
Feb 06, 2021 by Debalina Ghosh
Gujjar Estates(Broker) they are really fraud . They have take ***** INR from us .Must be punished....
Feb 03, 2021 by Dr Rahul Kumar Dubey
Hi, I've moved out of my nestaway rented apartment on *st November. Move out date registered with Nestaway was *th November. Inspection was done on *th November, and the inspection person said that all the formalities are done, and he'll su...
Feb 01, 2021 by Rohit Jain
I have stayed in there property for ** months and they only told me moveout so I left the house on **-Nov-**** and its been more then * months but they have not refunded my security deposit which i paid at the move in time and * days rent of No...
Jan 28, 2021 by Meenakshi Dugar
Respected sir, This is to seek your valuable help with respect to a rental-security-deposit refund issue from a Bengaluru based rental company which was operating in Wagholi, Pune. BrightPath Technology and Services Pvt. Ltd, was operating a ...
Jan 26, 2021 by Pranav Kumar Singh
Hi Team I vacated my home on **th Dec. My home owner is paying instant home deposit refund. My home inspection also done on **th Dec but still now I doesn't received my home deposit amount. Due to this I'm facing financial crisis and mentally...
Dec 29, 2020 by Kalaimaran Jayabal
After paying the amount, * years passed still not get registration for the said land.all payments done through cheques. I have money receipts and agreement paper....
Dec 24, 2020 by Binayak Panda
Hi, I vacated my apartment after complete notice days of ** days on nov' **th ****. Still haven't received my deposit as promised. Been trying to follow up but nobody is responding. Amount is Rs. ***** Email: firstname.lastname@example.org phone:...
Dec 23, 2020 by Nishant Sabharwal
I moved out of my * bHK flat rented from Nestaway and being shared amongst * ladies in October after serving a notice period of * month as mandated by the company. I was expected to get my deposit back within *-** business days. But it has been...
Dec 22, 2020 by Pallavi Singh
The Nestaway property where I was residing was offboarded by the owner on **th Sep'** suddenly and we were asked to offboard the property in ** days and was told security deposit will be refunded in full. We ended our contract with Nestaway wit...
Dec 20, 2020 by Swati S
I searched for a shared room in Bangalore from these Colive in HAL *rd Stage property name- @***MBParadise, the property Incharge RANITA. We paid a total security deposit amount of **,***/- and was about to check-in date on ** September, but w...
Dec 20, 2020 by Amitav Halder
When visiting the site office I was pressured into paying a refundable deposit to show my interest in the property. However, next day they asked me to sign on an application for booking form but did not provide all the paperwork related to the ...
Dec 16, 2020 by Advaita Inamdar
I paid the initial instalment for a flat in the `Neel Diganta' project of Bengal Shelter Housing Development Limited, which came to approximately *,***** rupees, including allotment money of Rs *,*****, application money of Rs **,*** and ser...
Dec 09, 2020 by Sriparna Bandopadhyay
I was on accommodation at the provided space by the Madhiraj Homes Pvt Ltd.(Ole Stays). They promised number of facility and services to me. Even after * months of unfulfilled promises, and daily unresolved issues by them, I was tired and left ...
Dec 05, 2020 by Shivam Singhal
Property offboarded by nestaway (House id - N*****), my family had to relocate during the pandemic.I vacated the property on **nd November ****. Complied with all their maintenance charges ,yet they refuse to refund my money stating it is with ...
Dec 03, 2020 by Ratnakar Ajanth Nayak
I moved out of nestaway property on ** Nov and till now I haven't received my security deposit refund. Nestaway is cheating the consumers by removing dashboard from their app so that users can't see any payment or settlement details & question...
Dec 01, 2020 by Aayush Kohli
In **** i booked a plot in Varanasi by promoters executive for Mirzapur land project ( Mountain Heaven). Paid entire amount with registry expenses in full. But without notice promoters abandoned project. Raised a case with UPRERA , who in order...
Nov 21, 2020 by RAJESH KUMAR SINGH B/O ANIL KUMAR SINGH
I had rented a house from Nestaway for which I had paid security deposit. I moved out of house after six month on *th October. They were supposed to return my security deposit in * days but it's almost * months and I haven't received my refun...
Nov 20, 2020 by Vinayak Ganpat Jadhav
Hi, I booked a * BHK apartment through Nestaway. I was suppose to move in on **rd March **** . But I was not provided key of the property. Later during lockdown I was not able to connect with nesaway help desk because they were not avail...
Nov 15, 2020 by Prateek Kumar Singh
Nobroker company is showing my own property in google search and in the NoBroker advertisement list. Appreciate your help on this matter to remove the add permanently, as I am the current owner and Nobroker is displaying my property online w...
Jan 07, 2021 by Kishore Kumar Kasi
Hi Team, From company No broker, They were behind us till the payment was made and assured there will be relationship manager will be assigned and they did the same .We got the introductory call from the relationship Manager and assure us they...
Dec 25, 2020 by Yogesh H S
I was a tenant in colive Liberty , Tavarekere , Bangalore from Aug **** to Sep ****. I paid an amount of ***** as security deposit. I vacated with proper notice on ** Sep ****. By the end of Nov, I received an amount of ****/- as refund amount...
Dec 16, 2020 by Appu Kurian
Dear mam/sir, I paid ***** as rent payment on ** Nov and got a message on ** Nov that payment has been credited. But today on ** Dec, still money is not credited into the landlord account. It's pure harrasment by no broker going on. Despite wr...
Dec 07, 2020 by Ravinder Jaral
Overcharged for a bland buffet for my wedding reception on **/**/****...
Nov 18, 2020 by Nithil Girish
I checked out on ** sep. I have paid rent till ** Sep. They had fine for raising checkout in between a month instead of *st of Month. So I paid Rs.***** fine also. Now my deposit that they have to return after all deductions is *****. Instead o...
Oct 02, 2020 by Smita Patankar
Have vacated the Chennai Radisson property on July **th.Even after * months am yet to receive my security deposit.Service requests SR****** and SR****** is raised for the same....
Oct 01, 2020 by Ganesh Prasad
PropUrban is a property rental service provider. I took a flat on rent, during which they took ***** rupees security deposit. I have vacated the flat on **th July, **** and *nd September, **** they told within ** business day they were going to...
Sep 28, 2020 by Abu Sayem
Hi Team, I was living in Colive Campbell bangalore for past * year. Due to lockdown I have moved from Bangalore to my native On April. From April month till now I am there in my native and not there in my PG. But from April month till August...
Sep 27, 2020 by Paul Kingsley S
In my area electricity branch has not properly give the current...
Sep 01, 2020 by Rajkumar
The dealer Motoden Honda Worli had charged me Rs. **** for the registration. However he had paid only **** for the Government Registation fees. Apart from that they aren't selling bike without additional purchase of equipments worth ****. ...
Aug 28, 2020 by Aman Singh
I, alongwith * others, were the tenants of a flat managed by Nestaway in Bangalore. We vacated the flat on *rd May, **** by giving an advance notice period of ** days. House Inspection was completed on June **th, ****. We were supposed to get b...
Aug 25, 2020 by Saumya Gupta
On **th June i purchased Swanwood **box (Room Tile). On *st July Orissa Govt declared shutdown So we did not open the room where tile was locked. When the Mistry came back on August **th We started our work and found that * broken packets.Now w...
Aug 23, 2020 by Nihar Mishra
Since February i was staying with Nestaway, Every month they add some extra charges and you have to pay no matter. Now since i moved out they are not returning my deposit. ...
Aug 19, 2020 by Nadeem Ahmed
Vacated the flat on **st of July yet didn't receive refund of SECURITY DEPOSIT even after repeated reminders. ...
Aug 19, 2020 by Prabhat Saha
Nestaway has not refunded my Deposit. even they are not ready to bother about it....
Aug 18, 2020 by Aurangzeb khan
NBCC has used bad quality material in building their NBCC Heights project, in Sector ** Gurgaon. Today, a long part of boundary wall just collapsed to adjacent property, causing damage to both people & their property. Along with it, there is ...
Aug 13, 2020 by Anand Tandon
I moved in to a house on *-sept-**** through Nestaway. I had paid a security deposit of INR **k and as listed in their policy that one month notice period has to be provided if I decide to move out before * months and on completion of * months,...
Aug 12, 2020 by Samriddhi Nautiyal
sir ...mein udaipur se hu or humare matrimonial add tha mene apni sister k liye us nmbr pr contact kiya to wo nmnr jabalpur me aaliya k naam se he jo pavitra rishta matrimony chalati h or unka address jo unhone diya wo h pandey hosp k aage gham...
Aug 11, 2020 by shadema khan
Hello World technologies is charging me monthly rent of **,*** Rs. during this pandemic situation even when I am not using any of their services like Internet,Electricity,Water etc. I agree my luggage is there in my room but that doesn't mean t...
Aug 11, 2020 by Satish Wadde