Hum Baithe Hain Ji...
Buying a flat in India can be a rewarding investment, but it also comes with its fair share of challenges. The Indian real estate market holds immense potential, but it also carries the risk of fraud. Real estate frauds, such as title disputes , illegal constructions , and forged documents , are prevalent in the industry. Buyers need to be vigilant and conduct thorough due diligence to avoid falling victim to scams. : Title Fraud: Ensure the seller has clear and undisputed ownership of the property. Title fraud occurs when someone falsely claims to own a property and sells it to unsuspecting buyers. Don’t go by the word of property sellers, builders or their agents. ‘ Hum bethe hain ji, chinta ki koi baat nai hai ’ (We are here, don’t worry about anything), is the common dialogue they offer when you question the credibility of any claim. Encroachment : Verify that the property boundaries are accurately marked, and there are no encroachments on the land. Encroachment occurs when s...