India, Sept. 3 -- The recent arrest of a real estate developer in Thane, near Mumbai, accused of selling flats using forged construction permits, has once again highlighted the risks homebuyers face in the real estate market.
According to the local police in Maharashtra, the developer allegedly used fake revised permits and maps to construct and sell apartments beyond the sanctioned limits of Mira Bhayander near Mumbai, duping homebuyers of crores of rupees.
According to legal experts, the Thane incident is a reminder that due diligence is critical in property purchases. Homebuyers should insist on original approvals, consult legal experts, and use the RERA portal for verification.
Below are the five things homebuyers should keep in mi...
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