Real Estate in India had a blast in the last decade and a half. However, without any guidelines set up, property fraud has also boomed at a similar rate. However, investors these days are better informed, but real estate scammers have spared none. From NRI investors to HNIs (High Net-worth Investors), from provincial landowners to the top corporate chiefs, everybody has at some point or the other suffered. Although we can’t give you all the information that will eliminate all of your concerns, we have tried to bring to light some of the significant real estate scams in India and how you can keep away from these scams by following a few preventative strides before investing.
However, a great deal you may encounter, before getting into any deal, you must take all the measures to avoid real estate scams. Before signing the deal, you must pass all your tests. Always keep in mind that, a little research can save you lakhs of rupees and complete mental agony.