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.

Most Common Issue Reported for Real Estate Complaints

Fake Project

Delay in possession

Builder not responding

Refund not given

False commitment

Hidden Charges

Delay in handing over flat (Devagara builders maussori wood apartment) ^Open

Hii, myself is ex-servicemen from haridwar and I had a deal with builder last year for * bhk of INR **.** lakh at dehradun, i have paid INR *.** lakh cash and taken loan from SBI for INR ** lakh in the month of march ****. Balance amount of * l...

May 22, 2020 by Deepak Singh Farswan

Token advance not returned (M India Land developers) ^Open

I have taken a personal loan to invest in a land ( first time investment in life). M India Land developers, real estate company got * lakh Advance and said the land will be registered in * months which worth * lakhs rupees including reg. fee. E...

May 19, 2020 by SreeBalaji NV

Against to Lockdown policies (Magicbricks Realty Services Limited) ^Open

Magicbricks company is forcing to violate the lockdown policies. We have purchased the Brokerage support package for realstate with Rs. **,***/-. In that one package need to be activated at May month. We have requested them to reschedule the p...

May 14, 2020 by ANAND GANDHI

Fraud Anand Construction Pawan K Singh Purnia Bihar (Anand Construction Purnia Bihar) ^Open

Dear team, We would like to bring this information to your kind notice that Brimatec Solutions Jabalpur (Proprietor – Nandan Choithani) initiated a business with Anand Construction company situated in Purnia Bihar for the purchase of *M and ...

May 13, 2020 by Nandan Choithani

Refund of invested money (Kalptaru Buildtech Corporation Limited) ^Open

My Aunty Mrs. Janaki Devi w/o Shri Jay Pal Village - Pavloi, Post - Hathras Junction Distt Hathras U. P. (Purchaser ID KC*************) has invested an amount *** *** months =***** /- since dated **.**.**** to **.**.**** but Neither my aunty ...

Apr 26, 2020 by Janaki Devi

Complaints against Developer (Swagata Construction) ^Open

Developer didn't provide space area as per Sale Agreement and demanded extra money in this account. Didn't pay existing corporation tax as per term and condition. Illegal construction above on G+* has been made violating sanction drawings of th...

Apr 05, 2020 by Saheenul Islam

Money not refunded even after 50 days of cancellation (Oyo Life) ^Open

I have made a booking in OYO LIFE in jan **** later u have cancelled it and asked for the refund on **th Jan ****. As per the policy i need to get refunded in ** working days. But it's been more than a month i am still waiting for money to get ...

Mar 19, 2020 by Dinesh raavi

Builder is not paying Pending Property tax (Sanklecha Constructions Private Limited) ^Open

I have purchased flat from reputed builders in Pune. Flat is legally registered on my and my dad's name and I got the possession in December ****. We received the pending Property tax notice from Property Tax office, Pune Municipal Corporation...

Mar 17, 2020 by Anjali Thakare

Nestaway charge money which they did not solve (Nest away ) ^Open

Nesaway has charge service charge which they shouldn't charge as they were simple raised and closed without resilutiin or should not be charge as those servise should have provided knce moved and fined/penalty for not paying those charges. I w...

Mar 15, 2020 by Dilendra Barman

Delay Delivery Compensation (Livspace) ^Open

I got roped into availing the services of Livspace, office at SCO **, Sector **, Gurugram, Haryana ****** for my residence in A** Ground Floor, Emerald Hills, Sector **, Gurgaon, ******, for design and build of a modular kitchen. The following ...

Mar 04, 2020 by Anuj Jain

Regus Legacy Kolkata Fraud Misrepresentation Online Harassment (East India Business Centre Private Limited) ^Open

What was promised to me by Babli Kaur, the manager at Regus Kolkata-- - a one year contract with two free additional months of office accommodation What happened? I informed Regus that I'd leave March **, **** but left a month ahead of sch...

Feb 23, 2020 by Tribecca Brookman

Refund against cancellation of Flat but till date no refund received (Godrej Properties Limited) ^Open

I had booked a flat in September **** in Godrej Seven,Joka.They had promised completion by December **** with construction by L&T group.When they sent a draft Agreement for Sale it was written December **** and construction by a local architect...

Feb 18, 2020 by Rahul Dugar

Allotment cancelled without formal communication (Mahira Homes Private Limited) ^Open

With reference to Allotment of flat @ Mahira Affordable homes Sector **, I had filled the application in March **** through there Authorized Agency AXIOM LANDBASE PVT.LTD and I was allotted Unit # C **** in Tower C through Lucky draw conducted ...

Jan 28, 2020 by Rajinder kumar kariro

Refund not recieved (Oyo Life) ^Open

I started renting a Students inn pg in September. I paid * months of rent *,**,*** (**,***) per month. In November, the management was replaced by Oyo Life Nod***. I was not happy with their services and decided to move out. They said they will...

Jan 26, 2020 by S.M.D Waseem

Real Estate Fraud ( Samala Aviranjan Girish) ^Open

I paid an advance and got the agreement of sale for a property in March **** with two agents said to be partners. After a long time of dragging the things by telling some stories for about * months, he started saying that he is unable to do it ...

Jan 16, 2020 by Praveen Kumar Kalikota

Buy-back not received (ION EXCHANGE ENVIRO FARMS LTD) ^Open

I had purchased agro lands at Murbad and Tirunelveli more than ** years back with assured buy-back. Except for sweet communication and a dozen mangoes for a couple of years there's no other return received. The company has even stopped reply...

Jan 13, 2020 by Shakeel ROOWALA

Cheating (Sandhil Construction Pvt Ltd) ^Open

I had a agreement for Pan verify project i deposited ***** for this project but they are not giving any work and not refunding my money also. November **th **** i deposited ***** till now i didn't receive my money i spoke so many times with th...

Jan 01, 2020 by MENGA RAKESH

Money not refunding (Sandhil Construction Pvt Ltd) ^Open

I deposited ***** rupees for Pan verify project on November **th it's refundable amount and thet did not given any work till now .they are giving any reply...

Dec 29, 2019 by MENGA RAKESH

Construction not completed (Jaycee Homes Private Limited) ^Open

I invested in the project launched in Mira Road (Project Name - Rio) by Jaycee Homes Pvt ltd way back in **** with the promise that the construction will be completed in * years and if not done so, I will receive **% interest per year. After mu...

Dec 22, 2019 by Kiran Gujar

Flat damaged due to lack of maintenance (Pr Shankeraiah Apartment Welfare Society) ^Open

My flat color, walls, and electricity are damaged, water is leaking from the pipeline. The flat is damaged and suffering from a bad smell for ** months. I have complained so many times to our president but it is in vain....

Dec 20, 2019 by Ravikanti srinivas

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