Let understand the types of Frauds & scams, one by one, which happens while buying any property.
List of Frauds and Scams in Real Estate Market of Odisha:
1. Title Deception –
Title
fraud is the scenario where the ownership of property is not clear or
he/she claims themselves as POA holders and try to sell properties.
2.
Hurried sales – Developers show that there are only a few flats/plots
lefts so buy it now and people buy it in a hurry without research on it
on price which is very high.
4. Delays in Possession – Delays are
the most common way from which fraud happens, here once you invested the
money in a project and possession of it been delayed for years of years.
5. Selling the same unit/plots to Multiple buyers.
6.Encroachments
– Illegal possession is taken by someone else due to in activeness of
the owner on this land or Someone has acquired a small part of your land
illegally. Many times even government properties are also sold to people
which they come to later.
However, we at LegalAgency.in fully committed to save you from such frauds/scams. But before that you need to consult us. We charge nothing, it's absolutely free. Our only aim is to save innocent purchasers from being scammed.
WHEN TO CONSULT US?
Consult us at first instance itself, that means when you are planning to buy just let us know about the project/plot/land/flat/duplex you want to purchase, we will guide you with everything pertaining to fraud/scam investigation etc.
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