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.
Builder harassing regarding GST (Altrade Construction) Open
I have booked a flat at Jajpur road Karnataka complex society ( Flat No - D ***). It has booked in the month of April ****. Registration pending due to GST concern. He is asking money of GST **% of the total amount. The purchase of the flat is ...
May 02, 2019 by Mohammad salman hazari
No work at sight and no services delivered (Ansal API) Open
Bought a plot in Ansal Sushant megapolis(Project: *** - Megapolis-DA *) in ****, already paid a large sum of money but there is no development work at sight. No answers from Ansal about what's the future of the project and also declined every r...
May 01, 2019 by Poonam tyagi
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
Want refund of excess amount of property (BBMP) Open
I am a senior citizen aged ** years as on date and had paid property tax of Rs. ****/- on **/**/**** vide Challan No. ********. However, I got the property tax receipt for Rs. ****/- only dated **/**/**** vide receipt no. ***********. Even aft...
Apr 18, 2019 by B N NARAYANA
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
Fraud by the promoter (Maduri construction) Open
I brought a flat of Rs ****** lacks and submitted Rs. ****** lacks would pay the other ****** after having a building loan. After that, I knew that the flat doesn't have a plan which means that the flat I brought in not present in the total bui...
Apr 14, 2019 by JIBAN CHANDRA GHOSH
Bad installation cause life risk (CERA Sanitaryware Ltd) Open
Attached pictures of EWC is self-explanatory. It is clearly understood how serious problem is this & cause to life risk. Fortunately, this fell down immediately after use. It could be a big risk for my family member. This is exactly * year we r...
Apr 11, 2019 by Ravi Dixit
No communication from builder on my booking of flat (Guman Group And Jaipur Landmark Private Limited) Open
I have bought a flat in Mayfair Heights, Jaipur. My flat no. is ***. At the time of allotment, I was being told that the possession will be given within * months. Now it's been more than ** months are over and still, I have not got the possessi...
Apr 11, 2019 by MANOJ KUMAR KUKREJA
Low quality material used by the contractor (personal) Open
I want to put a case against our contract builder. After construction, we are occupied and so many issues we are facing and spending money on repairing. Tiles and wardrobe glass fell down. Tiles problem. I have spent ** Lakhs for my home. But I...
Apr 10, 2019 by Suresh kumar
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
Delay in booking advance refund & deduction of cancellation charges (Town And City Developers Kg Group) Open
I booked a property worth ** lakhs by paying booking advance **** in **th June ****. Due to some unforeseen situations I was forced to call this deal off on the *th July **** and requested for refund. On Aug *rd however I enquired if the flat w...
May 16, 2018 by shirly
Salary not paid (Cubiq Innovations) Open
i started this company on **/**/**** for servey of private and government properties. I done my work very honestly and send report dco (raja s. raju). When the salary time comes the company said they have issue a cheque of rs. ***** for me but ...
Apr 22, 2018 by Deepak Rajput
Booking Refund (Lodha Group) Open
We booked Lodha Upper Thane property from The Netherlands without seeing the property, at the time of booking the Lodha Customer Sales Executive for the Europe & UK region Mr. Arun Kumar told us, as an NRI we will get the booking period of * Mo...
Apr 18, 2018 by Sanal K
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
Refund of Plot at Pink Square City Jaipur (A Square Infrastructure Pvt. Ltd.) Open
Dear Sir, I am residing at Muscat, Oman. I would like to file complaint against Property Builder Company Name- A Square Infrastructure Pvt. Ltd. They widely advertised their New Township named as Pink Square City Located at Shivdaspura, Tonk ...
Aug 23, 2017 by Kamal Kumar Janjani
