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 consumers from cities like Bangalore, Mumbai, Pune, Kolkata, New Delhi etc. 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 in big cities like Bengaluru, Mumbai & Pune, 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:
Send a Legal notice:
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.
File a Consumer case:
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.
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:
Docket number
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 at Voxya now!
Most Common Issue Reported for Real Estate Complaints
Complaints
Nestaway no response even for move out and no assurance for deposit (Nestaway Technologies Private Limited) Open
My move out date is **th March **. Inspection date is **nd March, Till now no one have come for inspection and no clarity on my refund. Owner has decided to offboard the property and he has confirmed only a small portion is available for refun...
Mar 24, 2021 by Praseetha MS
Security deposit Refund of Flat105 Shiva Kuteera (Nestaway Technologies Private Limited) Open
Hello Team, I took a rented property in Bangalore, on March,****, due to the problem between Owner and Nestaway they ofboarded the property from Nestaway but the security they said they will hand over to owner as I was still staying there but ...
Mar 20, 2021 by Mohit Bhakat
Rents not received (Nestaway Technologies Private Limited) Open
One of the tenants at my property managed by nestaway paid rent, but his rent was not deposited to my account. Nestaway lied to me that he is working from home and hence could not pay the rent. In fact he was at my property only, paid the r...
Mar 18, 2021 by Madhavi Sessions
Excess payment by Real Estate company (Gds Buildcon Pvt Ltd) Open
I purchased a flat and paid stamp duty towards the same. There was a mismatch in collection and actual payment of Rs *****. Hence needs to be recovered alongwith compensation. ...
Mar 16, 2021 by Sheetal Chandrakant Mudgal
Refund of security deposit from nestaway (Nestaway Technologies Private Limited) Open
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
Not getting deposit money back from flat manager (KMS Homes) Open
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 Must be punished (Gujjar Estates Broker ) Open
Gujjar Estates(Broker) they are really fraud . They have take ***** INR from us .Must be punished....
Feb 03, 2021 by Dr Rahul Kumar Dubey
Secuirty Deposit not refunded (Nestaway Technologies Private Limited) Open
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
RentalSecurityDeposit Refund Issue (Brightpath Technology & Services Private Limited) Open
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
Doesn t got my Home deposit amt from Nestaway (nestaway) Open
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
Not getting registration from builder (Citicon Engineers Limited) Open
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
Security deposit not received (Nestaway Technologies Private Limited) Open
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: nishantsabharwal**@gmail.com phone:...
Dec 23, 2020 by Nishant Sabharwal
Deposit not refunded by Nestaway (Nestaway Technologies Private Limited) Open
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
NestAway Security Deposited not refunded (Nestaway Technologies Pvt Ltd ) Open
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
Security deposit not received and company asking for more money to close account (Colive) Open
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
Refundable deposit being treated as token and not being refunded (Coventry Properties Private Limited) Open
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
Flat was not delivered (Bengal Shelter Housing Development Limited ) Open
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
Security deposit not refunded (Madhiraj Homes Pvt Ltd Ole stays ) Open
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
Security deposit refund not received (nestaway) Open
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
Refund of payment for providing plots by promoters at mirzapur shine city Infra (shine city infra project pvt ltd) Open
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
Overcharged for Power Back with False communication (Supertech (india ) Private Ltd.) Closed
I was in requirement of Power backup as Load extension and was in discussion with Supertech limited society office since long time. Whereas from Initial stage it was informed and discussed with Society office to update towards any promotions or...
Apr 24, 2020 by Sandeep Singh
Name transfer not done by the builder in property tax record (VGN HOMES PVT LTD) Closed
I bought a * BHK flat in **** @ VGN Southern Avenue , Potheri, Maraimalai nagar from VGN Home P LTD. After a long wait on property tax assessment couple of days back I paid my property tax though online. To my shock, property tax receipt was is...
Mar 03, 2020 by SURESH NATARAJAN
Cheating the owner of the flat (Realtymonk ) Closed
I have rented out my flat in Bangalore to a real estate company named RealtyMonk.com. They are supposed to pay me rent of **,*** per month and they, in turn, can rent it out to *rd party people. They have paid me * months advance of **,***. The...
Dec 12, 2019 by Venkatamurali Krishna Gottuparthi
Refund of money (OYO Rooms) Closed
They said i will be getting a cash back of **** amount to my back acount after my check out. After check out i called the oyo assit and asked regarding the cashback but still now my issue got resolved...
Nov 08, 2019 by Avinash
Room cancelled due to unavailability, refund not available (getsetHome pune) Closed
I booked a room via getsetHome on Oct **, ****, for move-in date *st Nov. Booking amount was ****. After that, I submitted KYC and paid **** Rs for partial payment on **th OCT. Till now(*th Nov) room is not available and I can not move in and...
Nov 06, 2019 by Ritesh Kumar
Unauthorized illegal stilt area construction (POWER WELFARE SOCIETY) Closed
We bought the flat in ****. We were given to understand that the property has all approvals in place. Later on, we came to know that fire clearances were denied and occupation certificate for one block has been stopped due to illegal stilt ar...
Oct 26, 2019 by Dr.V.S.P. RAO
Not refunding Depositors amount (Vikhyatha Infra Developer) Closed
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
Incomplete work of our flat by the developer (Suranjan Chanda Developer ) Closed
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
Full refund for my flat booking (Candeur Landmark) Closed
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
Money debited from my account but rent not paid to landlord account (Nobroker) Closed
I paid rent for the month of June through no broker app while doing the transaction it's said that within * working days it will be credited to my landlord account. Today it's being * days no update on delay and I was seeking help through custo...
Jun 13, 2019 by Nitesh Kumar Singh
Not giving refund (Nes Homecare & Lifestyle Services Pvt Ltd) Closed
I have registered with the company Nes Homecare & Lifestyle Services Pvt Ltd (Mychores.in). Before registering they have committed that within */* they will provide a maid. But even after **/** day, they are unable to provide the maid so I have...
May 09, 2019 by Varsha Ratish Padwal
Delay in possession of flat (Ahuja Construction) Closed
I have booked flat with Ahuja construction in the year **** and was told will get the possession by May ****. But till date, I have not heard from them what is the status. I am paying interest to the bank from ****. I have released the amount a...
Apr 28, 2019 by Sarita Menon
Home construction not yet finished (Arthi Construction) Closed
On Nov-**** we entered into a contract with Arthi building construction. The duration was * months to finished all the work. But they not yet finished work. We inform them * months before we need to do a house warming ceremony on Oct-****. The...
Apr 17, 2019 by Dejendran
Security deposit not refunded (Quikr) Closed
In the month of March, I was asked to vacate the building. Within next one month as they had to hand over the building for the p.g purpose. Since that time I have a mail chain going on to get my security deposit money back. Mr Anand from Quikr ...
Apr 09, 2019 by Monali Pradhan
Servuce tax on flat (Agrawal Property Dealer) Closed
Agrani has taken a service tax from me against flat booking before approval for their project from government. Now i have cancelled before project approval but they are not returning ***** in the name of service tax....
Dec 08, 2017 by Ravi kant
"Thank you so much to Voxya.com. Legal Notice really worked and Byjus had to refund my amount and cancel the loan. Thanks once again Voxya. "
Ramachal V
Complaint filed against: Byjus