SPONSORED CONTENT

RealEstateScam.in launched a platform to fight against real estate scams in India

December 04, 2020 23:30 IST
Tennis player James Blake
RealEstateScam.in

New Delhi [India], December 4 (ANI/NewsVoir): Real Estate Scam Fighters, a Gurugram-based organisation has launched a platform to help investors navigate and identify real-estate scams and frauds.

As the real-estate sector expands in India, so has the entire gamut of real-estate scams, from rental frauds to bait and switch schemes. The complex nature of real estate disputes and an absence of industry gatekeepers has led to the issue compounding manifold in recent years.

To alleviate the growing concerns of investors, this platform, created by a team of Industry watchdogs from various verticals like legal, media, real estate and banking, offers information to anticipate and solutions to mitigate these scams.

Platform has already received requests against few prominent developers (including M3M India from Gurgaon) for subvention schemes and other offers for investigations. Investors facing issues with builders can apply for help on

Acting as an unbiased and open forum, it seeks to address the extremely critical information gap, in order to educate and make aware all potential investors with the sole aim of threat protection from fraudulent schemes. While consumers today are better-versed with laws and are equipped with information, this platform focuses on debunking schemes as well as offers legal and media advice to individuals who find themselves unwilling victims of these schemes and scams.

The platform also provides basic preventive tips to individuals who are planning to invest in real-estate businesses and multiple redressal options. A healthy dose of caution, coupled with accurate information is what Real Estate Scam Fighters are offering through their novel platform.

Scams and frauds associated with the Indian real estate sector are growing with our legal system biased towards builders. While consumers are informed but they are highly susceptible to scams and sugar-coated schemes.

The organisation, Real Estate Scam Fighters is formed with a basic mission to debunk various Frauds in the real estate sector and create awareness for the investors. We are a team of Industry Watchdogs from Legal, Media, Real estate and Banking sectors who are working towards creating unbiased platforms where everyone can hear the investors voice for quick resolution.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

 

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

RealEstateScam.in launched a platform to fight against real estate scams in India

New Delhi [India], December 4 (ANI/NewsVoir): Real Estate Scam Fighters, a Gurugram-based organisation has launched a platform to help investors navigate and identify real-estate scams and frauds.

As the real-estate sector expands in India, so has the entire gamut of real-estate scams, from rental frauds to bait and switch schemes. The complex nature of real estate disputes and an absence of industry gatekeepers has led to the issue compounding manifold in recent years.

To alleviate the growing concerns of investors, this platform, created by a team of Industry watchdogs from various verticals like legal, media, real estate and banking, offers information to anticipate and solutions to mitigate these scams.

Platform has already received requests against few prominent developers (including M3M India from Gurgaon) for subvention schemes and other offers for investigations. Investors facing issues with builders can apply for help on

Acting as an unbiased and open forum, it seeks to address the extremely critical information gap, in order to educate and make aware all potential investors with the sole aim of threat protection from fraudulent schemes. While consumers today are better-versed with laws and are equipped with information, this platform focuses on debunking schemes as well as offers legal and media advice to individuals who find themselves unwilling victims of these schemes and scams.

The platform also provides basic preventive tips to individuals who are planning to invest in real-estate businesses and multiple redressal options. A healthy dose of caution, coupled with accurate information is what Real Estate Scam Fighters are offering through their novel platform.

Scams and frauds associated with the Indian real estate sector are growing with our legal system biased towards builders. While consumers are informed but they are highly susceptible to scams and sugar-coated schemes.

The organisation, Real Estate Scam Fighters is formed with a basic mission to debunk various Frauds in the real estate sector and create awareness for the investors. We are a team of Industry Watchdogs from Legal, Media, Real estate and Banking sectors who are working towards creating unbiased platforms where everyone can hear the investors voice for quick resolution.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)

DISCLAIMER


(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22