Eenadu News: 1/9/2009The Realtor by name Sahastra Estates India was held by the Hyderabad Consumer forum-3 for its deficiency in service to allot land.
The realtor after collecting money did not register the land to its customer and demanded more money to allot another land. On that the customer approached Hyderabad consumer forum. The forum has held that the realtor is liable to return back the money of the customer with 12% interest and further Rs.2,000/- towards expenses for the case.
There are hundreds of such realtors through out the country and very few victims choose to file criminal cases against such companies. Pearls aka P.A.C.L. Ltd is the biggest racket in the country. But so far no action was initiated against that company.
ReplyDeleteThe content which is in paper scanned and posted are different. First read carefull and tell your opinion. FACTS are missing. This is our opinion.
ReplyDeletePearls and so many are the biggest rtacket in my view also.