In recent years there has been a boom in the real estate sector of our economy. Despite the introduction of the Real Estate Regulation Act, there have been various issues due to misrepresentation, fraud, cheating, forgery, etc
The real estate sector has been one of the greatest areas of investment in the present era. The investors must however ensure that due diligence is practiced to avoid any kind of fraudulent activities on the property.
The RERA has provisions that deal with fraud and check the incidence of bogus deals made with the intent of defrauding homebuyers. This article seeks to highlight the types of property fraud and explain some facts about them.