Property frauds on a rise
No Comments Sub Category:Legal,Realty News Posted On: Dec 20, 2011
Since the land acquisition case in Noida, developers are planning to sell their properties as affordable homes.
Likewise, interested buyers are aiming at the twin cities for better offers.
But the problem occurs as the number of property frauds are on a rise in these cities.
Approximately 200 fraud cases has been registered with the city police, with the rogues making the NRIs their soft target.
The circle of fraudulent work is going on with the help of some local residents, brokers and even authorized employees.
Source: The Times of India
Tags:
Affordable homes, Authorized employees, Brokers, Fraud cases, Local residents, Noida, NRIs, Property frauds, Realty brokers, Residents, Twin cities
