Price Range: from ₹200 to ₹2,500,000
Land Area Range: from 10 SqFt to 1,000 SqFt
Other Features

Safety Guide

Beware – Use Your Judgment: Real Estate Fraud Prevention

It is in the best interest of users to exercise their own judgment when assessing the authenticity of properties and owners. Claims being made may not always be accurate, and therefore, users are strongly advised to independently verify the authenticity of any claims before proceeding. Below is a checklist designed to help you avoid falling victim to deceit in the real estate market. We highly recommend that you review this checklist before making any purchase or rental decisions.

How to Avoid Real Estate Fraud:

  • Do Not Send Money Online to a ‘Supposed Landlord/Owner’: Avoid making any payments via UPI, net banking, debit/credit cards, etc., unless you have met the person in question in person.
  • Avoid Paying Property Visit Charges Over the Phone: Never pay for property visit charges, gate pass fees, booking amounts, or similar expenses without seeing the property in person.
  • Verify Property Ownership: If a broker is showing you the property, ensure that you meet the owner directly or arrange for a web session with them to confirm their ownership.
  • Avoid Handover of Payments to Brokers: Do not hand over any part of the consideration or rent to the broker, ensure direct transactions with the owner or authorized representative.
  • Check for Disputed Land Titles: Be cautious of properties that may have unresolved legal disputes.
  • Beware of Promises of High Returns with Little Risk: Be suspicious of realty investments that promise high returns due to infrastructure development with minimal or no risk involved.
  • Inspect the Property Personally: Always visit the property to verify its interior and exterior condition. Perform thorough due diligence before finalizing any decision.
  • Ensure Clear Photos of Key Areas: Look for properties with at least 3-4 clear photos showcasing key areas like bedrooms, bathrooms, and kitchens.
  • Familiarize Yourself with the Neighborhood: Before moving in, get to know the neighborhood and talk to neighbors to ensure the legitimacy of the property.
  • Confirm Ownership with Neighbors: Speak with nearby residents to verify that the person showing the property is indeed the actual owner.

For a Buyer/Investor:

Buyers should perform a thorough check to establish the authenticity of any property or project, verifying the title, built-up area, and suitability for purchase. This due diligence should be done at your own cost and effort.

Key Points to Remember:

  • Verify Ownership: Always check the credentials of the developer or property owner to confirm legitimacy.
  • Visit the Property Site: Inspect the site personally to ensure that the broker’s or developer’s claims are genuine and the property exists.
  • Choose a Reliable Builder: Opt for a builder with a strong track record. Checking past projects may provide insights into their credibility.
  • Beware of False Title Documents: Be cautious of properties with questionable title documents, especially if loans have been secured against them or if they are vacant for extended periods.
  • Conduct Proper Due Diligence: Thoroughly investigate the property before engaging in any transaction.
  • Understand Floor Area Ratio (FAR) & Floor Space Index (FSI): Keep in mind that open areas such as lobbies, parks, terraces, gyms, and elevators are generally not considered part of the FAR or FSI.
  • Familiarize Yourself with Relevant Regulations: Ensure that the property complies with the Real Estate (Regulation and Development) Act, 2016, and its related provisions.

For a Tenant:

When renting a property, it’s vital to remain cautious and carry out due diligence to avoid potential fraud.

Key Points to Keep in Mind:

  • Visit the Property and Meet the Landlord: Always personally visit the accommodation and meet the landlord to verify the property’s legitimacy.
  • Do Not Pay Visit Charges Over the Phone: Never make any payments such as property visit charges, gate pass fees, or booking amounts before seeing the property.
  • Inspect for Plumbing and Maintenance Issues: Check all rooms, including the kitchen and bathroom, for issues like leaks, clogged drains, and plumbing problems.
  • Inquire About the Security Deposit: Be cautious of excessive or unjustified security deposit demands, and inquire about the standard amount for the area.
  • Check for Access, Safety, and Security: Ensure the property has proper security features and clear access.
  • Verify Areas in Standardized Units: Make sure all areas, such as rooms, are measured in standardized units to avoid discrepancies.

This checklist is designed to help users make informed and safe decisions when navigating the real estate market. Evoltra Dynamics Private Limited strongly encourages you to exercise caution and conduct all necessary checks before proceeding with any property-related transactions.

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