Stay One Step Ahead: Common Real Estate Scams & How to Outsmart Them
Stay One Step Ahead: Common Real Estate Scams & How to Outsmart Them
Blog Article
Ahmedabad’s real estate market is booming, but where there’s money, there are also fraudsters looking to cash in on unsuspecting buyers, sellers, and investors. From fake listings to title fraud and shady brokers, property scams come in many forms—but knowledge is your best defense!
Before you sign anything (or send a single rupee!), explore our in-depth guide: Common Real Estate Scams and How to Avoid Them.
1. The “Too Good to Be True” Property Listing
Scammers post dream properties at unbelievable prices—because they don’t exist!
The seller asks for upfront payment without a property visit.
✔ Always verify listings, visit in person, and use trusted real estate platforms.
2. The Vanishing Property Owner
Fraudsters forge ownership documents and sell properties they don’t own.
The seller rushes the deal and avoids sharing original papers.
✔ Verify title deeds, cross-check records, and get legal confirmation.
3. The Never-Ending Construction Project
Developers lure buyers with pre-launch offers—only to delay or abandon the project.
No RERA registration, no approvals, and a history of late deliveries.
✔ Invest only in RERA-registered projects with a solid track record.
4. The “Too Cheap to Be Legit” Land Deal
Scammers sell disputed, government, or illegally occupied land.
No clear land title or approvals from authorities.
✔ Verify ownership history, zoning laws, and approvals before purchasing.
5. The Vanishing Advance Payment
A fraudster collects token money—then disappears.
Pressure tactics and no legal paperwork.
✔ Never pay upfront without a written agreement and proper verification.
6. The "Expert" Agent Who Isn't
Fake brokers promise exclusive deals but disappear after taking high fees.
No office, no credentials, and no official contract.
✔ Work only with verified, professional real estate agents.
7. The Loan You Never Get
Scammers pose as loan providers, charging hefty processing fees—only to vanish.
Unrealistically low interest rates and unverified lenders.
✔ Only take loans from RBI-approved banks and NBFCs.
8. The Shoddy Construction Nightmare
Low-quality materials, hidden defects, and no after-sales support.
Builder refuses quality inspection or warranty.
✔ Always inspect the property and ask for a structural guarantee.
Play It Smart, Stay Scam-Free!
In real estate, there’s no shortcut to security—always verify before you buy! If you want peace of mind in your property transactions, AroundTown Realty ensures transparency, trust, and the best deals in Ahmedabad’s real estate market.
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