Money stuck in an on-going real estate project is the worst experience that a person can undergo. While every month the EMI payments go into a bottomless barrel, there is no sign of any project completion in sight. As a consequence, while Builders may run scot-free with buyer’s money, it is the consumers who are…
The first step a person takes while booking a flat is to get the issuance of an allotment letter from the builder. The allotment letter is usually issued by the developer after accepting the booking amount for the flat from the customer. Such amounts usually range from Rupees 1 lakh to 5 lakh. It may…
The recent incident in Dera Bassi where an estimated 175 properties were registered with fake No Objection Certificates (NOC’s) is the latest in a spate of similar cases. As of this date, four of the culprits have been arrested. Upon the Executive Officer of the district summoning all the property registrations issued in 2023, around…
