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Homebuyers Demand Stricter Guidelines for Real Estate Sector to Curb Unfair Practices

In a move aimed at safeguarding consumer rights, the Forum for People’s Collective Efforts (FPCE) has urged the Ministry of Consumer Affairs to establish stricter guidelines for the real estate sector. The group of homebuyers expressed concerns over widespread unfair trade practices and the inability of the Real Estate (Regulation and Development) Act (RERA) to […]

Rising Scams in Real Estate: Middle-Income Homebuyers Targeted by Deceptive Offers

As the real estate market evolves, a troubling trend has emerged, specifically targeting middle-income families eager to invest in their dream homes. Following a surge of complaints regarding pre-launch sales, new scams, including enticing buyback offers and invitations for expressions of interest (EOI), have infiltrated the market. These deceptive schemes are raising alarm bells among […]