CONSUMER ISSUES in Real Estate Sector

CONSUMER ISSUES in REAL ESTATE SECTOR  :

           The process of buying real estate reveals a lot of uncertainties in the process – the construction will take years to be fulfilled and a substantial amount of money has been invested by the consumer for purchase of their house. Accordingly, the common grievances of consumers with respect to the real estate sector can be divided into two parts –  problems faced before purchasing and problems faced after purchasing.

* According to LANDMARK JUDGEMENT'S ON CONSUMER LAW AND PRACTICE : 

1. False/misleading information being given by the Real Estate Agent. 
2. Misleading advertisement promotion through Television, Radio, or any other electronic media,Newspapers, Banners, Posters, Handbills, wall-writing etc and false Promises.
3. Plan Deviations, Error in layout maps and Approvals.
4. Failure to provide basic infrastructure.
5. Neglecting consumer rights in  sale agreement and document Registration.
6. Charging of additional money due to unfair clauses in the contractual agreement.
7. Selling of common spaces (Parks, etc..) without permission of the residents.
8. Double Registrations and Registrations with Wrong Survey Numbers.
9. Provision of plot in irregular shape.
10. Treatment of re-allottees as original allottees
11. Delay in allotment and transferring the title of property to the consumer.
12. Execution of sale deed.
13. Poor quality of construction 
14. Inordinate and unjustified delay in construction.
15. Increase in cost of construction.
16. Failure to deliver possession.
17. Installing lifts without minimum power backup.
18. Lack of maintenance of facilities and amenities.
19. Unfair trade practice in booking of Property.
20. Allotment of same flat twice.
21. Exclusion of name from allotment list
22. breach of obligations.
23. Selling Plots in Installment payment process with unfair clauses.
24. Execution of conveyance deed if power of attorney has been revoked. 
25. Delay in payment of compensation if a grievance is recognized by the service provider.

 *** This information is for only Consumer Awareness, for More Details visit Respective Websites 

 ***To know about Integrated Grievance Redressal Mechanism and FAQ's  "click" : Consumer Protection Act, 2019  Right to Information Act  GST  Food & Food Safety  Water  Misleading-advertisements  e - Commerce   Direct Selling  Real Estate  Real estate Issues   Banking  Non Banking Finance companies  Digital  Payments  NEFT   RTGS   Immediate Payment Services  Health Services   Drugs & Cosmetics  Generic Drugs   Telecom   Broadband & Internet  DTH/DAS    Insurance  Life Insurance  Agricultural Insurance  Gadget Insurance  Miscellaneous Insurance Policies  Insurance Ombudsman  Courier & Cargo  Packers & Movers   Shares and Brokerage  Standards  Airlines  Aadhar  Higher Education   School Education  Postal  Railways  LPG  Automobile  Legal Meteorology  Public distribution system  Agency Services  Consumer Durables.

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Housingoutlook understand that it is your hard earned money at stake and will do our best to ensure it stays safe.

 * We are not Property Portals . We are perhaps the only Housingoutlook on the home buyer’s side. With transparent pricing, professional expertise - for legal & civil engineering, due diligence, fraud & forgery detection etc. - and technology, we ensure that you buy your home with complete confidence, at your convenience.

    Creating value for consumers as opposed to unfulfilled words by property owners. Everything we do, we keep the home buyer’s interest at heart, as opposed to being a front for property owners & brokers.

    We provide deep insights on each Property. e.g.  ownership, approvals,  litigation's, price intelligence which is unavailable anywhere else.

 Integrated Service Offerings

1).  We find legally verified properties.  

2). Get heads up in price negotiation !

3). Avail services to complete your home buying

a). Legal Verification

b). Valuation

c). Inspection

d). Property Registration  ( * We Capture all terms & conditions of sale, Protecting customer interests in a sale agreement and Document Registration.! )

* Grievance redressal System for housingoutlook Customers   

    Before  or  After Purchasing  the Property,  if our customers facing problems related to the commitments given by the sellers in written, Our doors are always open for Grievance redressal.

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