How to Protect Yourself from Property Fraud in India
Introduction
Buying property in India is a dream for many, but it also comes with risks. Property fraud in India is increasing, where buyers lose money due to fake documents, illegal sales, or disputed ownership. To avoid becoming a victim, you need to know the right steps for safe property transactions.
This blog will guide you through the types of property
fraud and how to protect yourself while buying property in India.
Common Types of Property Fraud in India
1. Fake Property Documents
Fraudsters often use forged title deeds, land records, or
power of attorney papers to sell property illegally.
2. Selling One Property to Multiple Buyers
Some sellers sell the same property to different buyers,
leading to legal disputes.
3. Benami Transactions
Buying property under someone else’s name (benami) may
result in future ownership issues.
4. Encroached or Disputed Land
Many buyers fall into the trap of purchasing land that is
already in dispute or acquired by government authorities.
5. Fraudulent Builders and Developers
Builders sometimes collect money for under-construction projects but never deliver the promised flats.
How to Protect Yourself from Property Fraud in India
✅ 1. Verify Property Ownership
✅ 2. Conduct Legal Due Diligence
✅ 3. Check RERA Registration
& Approvals
✅ 4. Register the Sale Deed
Properly
✅ 5. Verify Seller’s Identity
✅ 6. Inspect the Property
Physically
✅ 7. Draft Strong Agreements
Pro Tips for Safe Property Investment in India
Conclusion
Property fraud in India is common, but you can protect
yourself with the right precautions. Always verify property documents, check
ownership details, confirm RERA registration, and register your property
legally.
