How Builders Cheats You
There are several ways that builders can cheat homebuyers during the process of purchasing a property. Here are a few examples:
1. Delivering a property that is different from what was promised: Builders may advertise certain features or amenities that are not actually included in the finished property, or they may use substandard materials in construction.
2. Delaying possession: Builders may delay the completion of a project and possession of the property beyond the promised date, which can cause inconvenience and financial losses to homebuyers.
3. Misrepresenting the size of the property: Builders may advertise a property as having a certain square footage, but then deliver a property that is smaller than what was advertised.
4. Concealing information: Builders may conceal important information about the property or the surrounding area that could affect the value of the property or the homebuyer's decision to purchase.
5. Not registering the project with RERA: Builders are supposed to register their projects with RERA, but some builders do not register their projects and do not adhere to the norms and regulations set by RERA, which leaves the buyers in a
6. Not providing all the legal documents: Builders may not provide all the legal documents associated with the property like NOCs, OC and other important documents, leaving the buyer in a difficult situation.
It's important for homebuyers to research the builder and the property thoroughly before making a purchase, and to understand their rights and the legal options available to them in the event of a dispute.