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.
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.
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.
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!
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:
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
The builder has delayed the Possession by *-* years and now claim no Assured Return will be given until beginning of **** as per UPRERA until possession. And they are not even listening ...
May 09, 2023 by Rranjon Panda
** .G*@ *I*?*@ *B*G *A * .*@(G *K *H *I*?*@ ( F ***** *H .G*> *H*> &?*>(G @ C*> *G ** *M*@...
May 08, 2023 by Arvind Kumar
I booked my home interior in November **** through the company called Interiobreton.com and paid around *.* lakhs till date and they have not completed the work till date they say we dont have workers hence we cannot complete your work please h...
May 05, 2023 by Nitin Dhamanigi
I am owner of house No.*-*-****/* Sharadanagar, Vanasthalipuram, Hyderabad. *. I have been paying taxes regularly until ****-**. *. On **-**-****, I obtained approval to demolish the existing structure and to build a Stilt + * storey building ...
May 01, 2023 by SWAMYNATHAN Sankaran
I have left the flat on Aug **** and they have requested me that because of bad economy they will not be able to return the deposit. They have promised that they will be returning my money maximum by Dec ****. But Since that they are not reply...
Apr 29, 2023 by Sushant Kumar
I have taken a Owner Money Back Plan from NoBroker and finally I rented my house through other sources. I have sent the necessary documents to the Nobroker team for refund as per the Plan. Still my refund amount of INR ****/-, as per the ...
Apr 28, 2023 by Karthik D
I was searching for a house in Bengaluru in Magicbricks and on **th April, I got a call from Magic bricks customer case and the executive said, I can access exclusive houses and contacts through prime membership. Hence, I took the membership on...
Apr 11, 2023 by Malla Reddy.Myla
I had worst movers and packers experience with Nobrokers recently in Bengaluru. I had booked it twice and sharing my experiences below- First Booking- I had booked for a * BHK light vehicle (** ft vehicle) and confirmed the same on call but th...
Apr 05, 2023 by Arun Kumar Singh
Refund against my advance booking amount of Rs. *****/- for flat No *** Vrindavan Complex Palghar ( Krishnaraj Developer, Andheri, Mumbai) RERA No. P*********** I would like to inform you that I had cancelled my booking on dated **.**.** after...
Mar 30, 2023 by Rakesh Pandey
I came to know about Nobroker home renovation and approached them around mid of feb, on **th Feb they visited my house we had detail discussion with their site engineer on requirements and on Feb **th i received first quote for about ****** (af...
Mar 28, 2023 by Prashant Sharma
Lakshmi constructions Bhimavaram, has not been handed over my dedicated parking lot as they committed in my sale deed.My house registration done on **jan ****. Builder told me that soon he will mark and handover my parking lot. Till now he did ...
Mar 28, 2023 by Kumar V
Poor paint quality, peels start within the month of paint,non responding of complaint,fraud company in paint industry ...
Mar 14, 2023 by Yogendra Ujjwal
Nobroker interiors Designers I did complete home interior from No broker interior designer Pune. Post completion of project I started noticing issues related to painting and furniture. I escalated to team, they did inspection and confirmed issu...
Feb 23, 2023 by Nikhil Dhandare
Builder sold a villa in a project in Bhilwara in **** promising several facilities but abandoned project. More details need to be provided by attachments...
Feb 14, 2023 by Sushil Kumar Rajmal JAIN
I have booked a flat ( F*-****) with Panchsheel Buildtech Pvt Ltd for project Panchsheel Pinnacle on ** st Dec, at their Head Office at Noida ** via their CRM executive Deepak Saxena (**********). As per their request, I have to make **% of to...
Feb 10, 2023 by Kunal Kanti Saha
I had given the initial amount to get the flat in GM Infinite Global techies town. On cancelation of deal, I'm not getting my token amount as it should get after canceling the flat booking. I had some personal issues in my home due to that I ha...
Jan 28, 2023 by Yogendra Kumar
It was a pre launch project from Allam infinite pvt ltd named as GM Infinite and the project name is GM North Enclave in hegde nagar, Bangalore. The flat numbers are N**** and N**** with *bhk and *bhk respectively are booked in May****. After *...
Jan 19, 2023 by Sajid Hussain
Nobroker claims to have refunded my money and given one transaction ID. On checking with my bankers no amount has been credited, when matter was brought to their notice they sought bank statement. I told them it's illegal to ask for complete p...
Jan 04, 2023 by vvv prakash
MDF doors were installed for our pooja room and suddenly one door falls without any one touching it. The door is obviously damaged along with the knobs of the drawer beside it. Apart from damage to the materialistic things, the door could've fa...
Jan 03, 2023 by Shruti Poladi
I had to register myself in NoBrokerHood because my society tied up with them. Now, I have left the society but my NoBrokerHood account still remains. I wanted to delete my account, but there is no provision to do so ourselves. So I raised a re...
Dec 25, 2022 by Bhavye Anand Gupta
Hi trying to reach them to claim my refund for nri owner plan but no response despite so many emails not sure how to reach them ...
Jul 01, 2023 by Benjiman kiran jeldi
We visited their showroom for furniture needs. After that we were told to pay *****/- as upfront to get discount deal of ** percent which we were told was fully refundable if we do not wish to go ahead later by their sales person Named Suprotee...
Jun 30, 2023 by Vinay Rajan Gawade
We've booked a movers and packers through Nobroker in Hinjewadi phase* ** days ago and now at the last moment they took the money and denying services without returning the advance amount...
Jun 29, 2023 by Vinay Upadhyay
I bought the "Moneyback plan" of no broker for Rs. **** and that guarantees a ***% refund from the company in case the company is unable to help me find a place on rent. I ultimately found a flat with outside sources and requested a refund from...
Jun 16, 2023 by Nikita Mishra
Dear Sir, We had taken possession of Flat *** (the topmost floor) of Urban Oaks *, Dhananjaya Estates, Kowkoor, Secunderabad on ** December ****. The builder is Mr. Anil Kotte (Anil Infra). Time and again, we notified the builder of the po...
Jun 10, 2023 by Kevin Gomez
Firstly, when I initially engaged your services, I clearly specified that the monthly rent for my PG property is ₹**,***. Unfortunately, the plan presented to me was exclusively for properties with rents below ₹*,***. This significant di...
Jun 06, 2023 by Aditya
How ridiculous of NOBROKER to not even call me or send someone to fix this issue. In this hot weather we have to sleep without AC and no one from NOBROKER cares. Due to hot weather my son got fever is is unwell. My wife is depressed and u...
Jun 06, 2023 by Ali Thakur
I have given the payment for renting out my flat in C*H *** C Janakpuri and they are sending fake numbers to me when I asked for the refund they said that they have initiated the refund but I have not got it yet , it’s more than a month now ...
Jun 02, 2023 by Anu Gandhi
*.I had requested to make rent agreement to NoBroker on **th may at **.**pm and after all formalities i had paid Rs .*** at same time ,when i received mail from NoBroker about dispatch of agreement at my hometown address where i am not residin...
May 26, 2023 by Mamtaa
They told me just pay the amount of Rs ****/- and will assign you our executive to help you for searching property in jogeshwari west...again after the payment they stop receiving my calls and blocked me from every where please help me...
May 25, 2023 by Firdos Motiwala
On **-**-**** I paid **** amount to NO broker against providing service to get new Flat . on **-**-**** RM says due to technical error we unable to provide service and says your money will refunded within ** hours to * week till date mon...
May 23, 2023 by Uday Basannawar
I have availed a Super Money Back Guaranteed plan. Soon after payment is done, relationship manager and field relationship manager who were assigned to me said that, this service is not available at your location. Then I asked them to initiate ...
May 16, 2023 by YOGESH MORE
As agreed to get my flat rented by NO BROKER and if they fail or we rent from other sources the agrred fees of **** INR will be refunded. Now I have out sourced the rent without the support of NO BROKER and expecting to get my refund as promis...
May 10, 2023 by Basawaraj Gaddi
Hi, I have taken the Nobroker plan for searching a house in Bangalore. They assigned me an RM Stuthi, who took my request. I had shared with her that I was looking for gated apartments only. Even after telling her clearly what I was looking...
May 08, 2023 by Prini Daniel
My wood is damaged They sent a very small truck without roof It was raining in bangalore Worst packaging Bubble wrapping not used for all furniture. Less no of workers came They took **hrs to shift for *.* kms ...
May 01, 2023 by Monika sekar
hi there I had invested ***** in saharyan Universal Multipurpose society limit ed in **/**** with maturity date **/****, bhut haven't received any refund till this rate....
Apr 30, 2023 by Sunita Verma
Paid one lakh rupees towards booking a site with CRM Global Developers on ** Mar ****. Later decided to cancel this booking due to personal issues and hence cancelled the booking on ** Dec ****. The booking amount is agreed to refund within ** ...
Apr 27, 2023 by Devendra Reddy Velpucharla
I booked a AC Service & Repair on **th April ****. A NoBroker technician came for the job, he opened my AC and after inspection he(Md. Hashim T) told me that there is only one problem with my AC that is there is no gas and rest everything is fi...
Apr 20, 2023 by Deepak Sharma
Opted for painting service from NoBroker in **st February **** by paying half the quoted amount, it's been * months since they haven't completed painting. They are neither completing nor receiving the calls. Only the sales team is active until ...
Apr 20, 2023 by Mahantesh
I had subscribed no broker relax plan on **mar** to search rental flat in bangalore for which I do have invoice of the same. At the time of subcribtion i had used my own mobile number only but now they are saying that we cannot see any plan on ...
Apr 17, 2023 by Ganesh Dhuri