Property frauds & Scam 1. Title Frauds 2. Rushed sales 3. Assured Return 4. Delays in procession 5. FALSE PROMISES 6. Forced cancellation 7. Selling without approvals ( CLU) 8. Deviation from plans 9. Selling same units to multiple buyers 10. Encroachments How to avoid this 1.Educate yrself 2.Check builders' Track record 3.Don't rush into a deal 4.Take professional help 5. Get assurance in writing 6. Bank approved projects
There is another kind of problem with home buyers that there are more than one phases in a builder project, but he fails to deliver all phases or keeps delaying one or more phases. Important to note here is that even if a buyer gets his flat in say phase 1, but he also owns the common land share with all other buyers and also he is a consumer of the amenities which builder could have planned with next phases of construction. One case I know is that the builder had 2 phases out of which one was delivered with set of amenities covered within the phase 1. But he doesn't start phase 2 at all and the amenities like extra landscape or amphitheatre are never delivered.
All you say is right. But I'm more concerned of those corrupt government officials that are helping these false developers growing the fraud. When a fraud happens, these officials try to cover the developers by giving them blind eyes because they feed on developers' money. If possible, please make a video on this topic.
Mukul ji, you are doing amazing job.. you can not believe with these basic information how much people are getting benefitted... Keep it up..God bless you..
My querry is that the property owners (developer/builder) generally mortgage their land and avail loans to construct the multistories (flats). In way banks have suo moto charge on flats as well, Now a purchaser buys the flat making cash payment and takes the possession as well. After 2-3 years the owner (developer/builder) becomes defaulter of Bank, the Buyers of flats now (after2-3 years) start receiving notices for vacation as developer/builder has not repaid the Bank dues. How can one take presumptive care in such situation.
I guess u never bought a flat in ur life. Once u book a flat, the builder gives u a huge booklet of papers, which u have to check in with ur lawyer. Only then u go ahead after clearance
Hum bhi abhi Ghar lene ki soch rahe h ..mere bss mn hota to apko hi lekar chalti suite pe aur builder se apki baat karati taki hum kisi fraud mn fase nahi ..wyse ye video bhi humare bohot kaam ki h ..thnk u sir🙏😊
Abhi to RERA no. a Gaya he ...late possession me nuksan nhi hota ... possession ki date nikal Jane bad builder ko interest pay krna hota he byer ko ...aur ye RERA no. Government authorized process he ...in every state and residential property without RERA no. can be dangerous
Hello Sir, I have one problem. I can get loan upto 50L but I don't have much amount for down payment. Most builders in my home town are asking 20L in cash and I can take only 30L loan. Why are they doing like this? Is this allowed? So many people with cash are buying like this. Is this not considered as fraud by both parties by avoiding taxes?
sir you & your team in Asset yogi channel are well educated sharing very valuable information i wish to improve more and more one of the best social media education platform
Greetings sir! Your videos are really helpful and your approach is simply fantastic. Instead of sticking to theoretical stuff which can hardly be remembered you focus more on practical stuff and with the simplicity u explain it stays. Thank u so much. Please keep bringing more videos
1.Where can we get professional help? I mean who are those people or agencies 2. Incase if bank is approved for loan 1 person, is there any chance of selling same property to another person 3. Where do we get genuine information about particular property, is there any online service 4. Can we trust branded builders like Tata, prestige, shobha, etc
Ty sir for your inputs.. Sir, Kindly provide inputs on difference between Lease Rental Discount and Projects Finance.. Further, is financing for Plot cover any of the above criteria.
Sir, Thanks. But, like this its very difficult to find a free of fraud property. How can we even verify that all papers are correct. Maybe the builder has forged few docs etc. Its really sad to hear. Lifetime saving goes in buying property and still there are few people who does scam.
I had booked flat in 2012 in Panvel, Maharashtra and property was approved by DHFL. After loan agreement they had disbursed loan about 80% without any information. Due to some NAINA issued property was demolished by CIDCO. DHFL recovery agents are frequently threatening me for loan repayment. Also builder is saying he will give replacement property but no any written communication. Please what legal action should be taken.
sir maine ek flat liya hai or bank of Baroda se lone bhi karaya h but kuch logo ka kahna h ki legal nahi hai ye property kya bank lone unlegal flat pr bhi lone de sakta hai
My Father has purchased a plot of land in Dhanbad 8 years ago. But after some time it was came in to light that the title deed was forged by making special type of Xerox papers. The seller was already having two loans from different banks on the same property. One with original deed and other with forged deed. Unfortunately, seller died 3 years back and land and title was in his name. He has left behind his wife and 3 sons who are not of good nature. My question is that, how to get back my land and/or my money back?
Second bank ke saath saath aapka Paisa bhi doon gaya but aapko dhokadhadi ka ek civil case karna chahiye unke parivaar se paise recovery ka ....kyonki plot to ab first bank ka hai kyonki orginal paper mortgage girvi honge first bank ke paas....
मुकुलजी मैं आपका बहुत बडा शुक्रगूझार हूँ क्योंकि आप के सारे विडियो बडी आसानी से काफी सारी चीजें सीखा और समज करा देते हैं. एक सब्जेक्ट पर आपकी राय चाहता हूँ. किसी एजेंट को एस्टेब्लिश डेवेलपर्स के साथ किस तरह से अपनी डीलिंग करानी चाहिए खास कर तब जब डेवेलपर्स कोई जमीन एस्टेट एजेंट द्वारा खरीद रहा हो, या कोई जॉइंट वेन्चर पे ले रहा हो.... आप हो सके इस सब्जेक्ट पर दोनो मुद्दोंपर प्रकाश डाले. धन्यवाद....
Sir,we booked flats in Golden Tulip project in 2011 but we do not get the possession.so Delayed in project.we r paying rent and 17000EMI per month.plz help us how to come out of the situation
Sir hamne ek plot dekha jiski registry kisi aur ke naam h aur owner ne agreement karakar dusre party ko de diya h kya hum second party se agreement karakar plot le sakte h aur agreement par kitna payment kare
What if main applicant wants to transfer home loan into other bank but second borrow doesn't want to sign on paper so is it possible to do duplicate sign of borrow to complete transfer process ???
Thank you. Could you please make a video on : buying apartment from the purchaser who booked the flat but not registered on their name. What are the due deligence required to verify. Thanks in advance.
Sir ek video approvals, documents and forums ke upar banaiye na. Kaun se approval kahan se lene hote hain, kaun dega approval, kitna paisa lagega etc. Kya kya documents chahiye project registration ya promoter registration, kaun si authority ya forum ye kaam karegi..
Sir hum ek lawyer hain, freasher lawyer. Abhi practice shuru hi kiye hain, kuch din rera ka kaam kiye hain toh samajh aaya ki isme land laws jaise khata khatiyan etc transfer of property and contract ka jaroorat hai toh soche karte hain.. par sir aapse raye leni hai, kya real estate advocates ke liye future me achha prospect hai?
Company ke pass jo current account hota hai usme aur escrow account mein fark kya hota hai.kya dono ek hi jaise hote hai. Kya escrow account kewal builder ke pass hota hai ya developer dono ke pass hona chahiye.
Sir. Mai Noida se hu ya ek colony me bhut se building bane h jisme bhut se flats h. Us builder need apne naam se hi vha ka nam rkha hai, ex.. R enclave Hm vha property kharidne ja rhe hai. But kuch logo ne kha y local area h unauthorized h to yha RWA prooved nhi h yha Lena bekae h. Sir please suggest hm Kya kare 2 bhk.. at 19 lakh. Please reply sir
Sir maine rent ke liye ek flat book Kiya tha. Lekin broker ne time par kam nahi kiya uski vajah se muze ko flat cancel karna pada. Ab broker us flat ka deposit vapis nahi kar raha to muze kya karna chahiye. Police ke pas bhi gaya tha mai lekin police bhi bol rahi hai ki fir bhi nahi ho sakti! Ab us se paise kaise wapas lu, kaha shikayat karu. Please sir bataiye.
Hi Sir, I purchased a flat which is built on shali land instead of vastu. I signed without validating all these due to lack of knowledge. Please suggest what I can do.
Sir my grandfather wins a case from illahabad high Court lakin vo propertey mere dada ji ke papa ke nam chada kr mere rishtadar ne apne nam chada li aur kh diya ki inka koi barish nhi he sir ab mujhe kya krna chayie
Hi Sir, I bought flat with my money and added my mother as co-owner. Now my siblings stopping my mother for release deed and I feel they are planning to take share in my flat. What shall I do now ?
Sir meine 99 accres pe advertise dekh ke Mangalore mein ek builder ka project mein flat choose kiya..flat toda reasonable price pe hai..bt mangalore mein muje samja builder loss mein hai..lekhin usne 3 phase mein 2 phase ka construction complete kiya n o buildings ka sab full sale ho chuka hai..phase 3 ban rha hai..kya karun logon ko trust karun ya..builder ko trust??
Hello , I find your video informative. I have a plot of land in Darjeeling , road side. Can you please do a video on how to sell land in Darjeeling, land system of Darjeeling , where and how to pay land tax in Darjeeling? I have inherited the plot of land but I have no idea about the above said topic. I don't reside in Darjeeling
Developer and builder dono ke work mein kya diferrent hota hai.kya developer kewal towanship ke liye plot hi sell karta hai flat banakar nahi sell kar sakta hai.kya kya builder hi towanship ke liye flat banakar sell kar sakta hai.please hamein batayein.
Recently I bought a plot I have done the registration and my name is also on 7/12....after some months the owner asks me to return his plot and tells me I will give money back ...I refused him ..so he said that I will file a case against you that returning the plot ...is there any type of law of returning the plot once sold ...
Mutation karwalo jaldi otherwise wo mutation rukwa sakta hai but agar koi valid reson or proof wo nahi de paya to mutation processes ko rok nahi sakta.....uske baad laat marke bhagao usko....