Browsing: Real Estate Scams

Headlines Pre Launch Cheques, Pre Launch Offers, Pre Launch Property, Pre Launch Scam, Real Estate Pre Launch, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property News, Best Property Portal, Best Real Estate Website, Best Real Estate Journalist, Best Property Journalist

Beware of pre-launch cheque collection in real estate

Buyer beware! Caveat emptor! These high-flying expressions that look so very impressive on paper, have as less relevance when it comes to the Indian housing market in general and the property market of Delhi-NCR in particular. A number of home buyers recently contacted Track2Realty to know about the pre-launch scheme of one of the otherwise reputed builders of Noida. The home buyers wanted to know whether they should go for it, as they have seen the Facebook advertisement of the pre-launch scheme and the brokers are also asking them to show an EOI (Expression of Interest) with a cheque of INR 1 lakhs only.

Consumer Connect Home Buyers Trapped, Supertech, Supertech Twin Towers, Supertech Demolition, RK Arora, Mohit Arora, Noida Real Estate Market, Indian Property Market, India Real Estate News

Supertech or no Supertech – housing market a systematic trap for buyers

News reports of real estate nowadays is making me religious. The reports about Supertech Twin Tower demolition is giving me “SPIRITUAL” feeling. If these media reports are to be believed, henceforth all the government officials will be careful in sanctioning the building plans, builders will be fearful with the law and the judiciary will be trusted as more pro-active than reactive. Isn’t it a proverbial “Ram Rajya” for the home buyers?

Company News Saya Gold Avenue, Saya Builders in Delhi NCR, Property Frauds, Property Scams, Real Estate Violations, RWA Against SAYA, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property, Allahabad High Court Order Against Saya Gold Avenue

Allahabad High Court directs GDA not to issue CC to Saya Gold Avenue

The laws like U.P. Apartment Act 2010 and the RERA prohibits any such alteration of original plan after allotment without consent, but the development authorities take help of Govt. orders which are not applicable on Underdevelopment projects to eclipse the law and help private developers to earn windfall profit and delay the projects.