The urban cities are developing
simultaneously along with the metros. Therefore, residential apartments are
largely in demands in these urban and metros. A renowned property lawyer in Kolkata mentioned that real estate industry is
flourishing in India more than before. Real estate dealers and builders are
offering lucrative offers to the clients in order to make sure that people will
buy these properties. However, some builders and real estate developers used to
cheat the clients also in this respects. They used to make false promise to the
clients and the end of the date so not provide the right product, which used to
be a matter of concern for the people. The aim of this post is to make aware
the clients and potential clients to safeguard them from any sort of cheating
and others.
When a client is buying a flat, they must
be aware of the area that they are offered by the builders. It is important to
understand the different between the super area and carpet area. Super area is
covered with the carpet area as well as the other common places such as the
lobby, common balcony etc. whereas the carpet area is the measurement of place
from wall to wall. Many builders used to cheat the clients by taking the money
of carpet area but add the super area. Additionally, there are in several cases
it has been found where the area used to vary form 7% to 10%.
Another problem is the escalation of the
price. It is has been found that the builders sometimes escalate the price of
the property than which is promised to buyers during booking. Usually, large
projects take two or three years to be completed. In this duration, the price
generally gets higher but as per the contract law, the seller is bound to give
the buyer in the price, which has been contracted. However, if the seller is
not agreed to give the house, it is advisable to the general buyer to seek the
help of the legal attorneys or lawyers expertise in real estate matters.
Another common problem generally faced by
the buyers is the difference between the promised things and the original thing
that they used to get. There were several cases have been registered against
the builders where the buyers complained that they did not get that the
builders at the starting had promised them. It could be anything such as the
amenities or the difference between the model flats with the real flats. Additionally,
in model flats, sometimes it has been seen that builders put too many features,
which they do not include in the offered flats and charges additional costs for
that.
Another common issue that the customers
used to get is the problem related with the possession of the flats. In many cases,
it has been seen that people used get the possessions but they are not
receiving the completion certificate or the occupancy certificates. These two certificates
are very important in relation to taking possession of a flat or the
residential building. Additionally, there are some builders put a clause in the
agreement that the seller cannot sell the property for a particular term or
period. This is something, which creates a lot of problem for the buyers.
In many cases it has been seen that the
buyers has pay for the society in advance though the building are not even
ready for the habitant. It is also possible that builders keep the base price
low for some particular projects but increase the other additional costs of it.
In many residential complex it used to
be also seen that in place of promised greenery, the builders develop one or
two others units. This is also something, which is clearly against the law, and
one can seek the help of the property lawyers in such aspects. Additionally, the
buyers sometimes with the escalation of the price cancel the bookings of the
earlier buyer and sell the flats to the new buyers who pays higher price than others
do.
In several cases
customers used to come to the lawyers with the issues of late possessions. Investigations
revealed that in such cases, the builders used to transfer the collected or
allotted fund to some other projects. Therefore, this makes the original
project to be delayed in order to be completed. This is also a breach of contract.
Therefore, the people who are planning to buy new flats and houses must check
these matters before they are buying the property.
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