Chennai Real Estate Property: List of areas for real estate frauds in chennai

Thursday, May 03, 2007

List of areas for real estate frauds in chennai

The police have drawn up a list of areas in Chennai, from where real estate frauds are reported frequently.

The immediate provocation is a steady increase in the number of complaints about land grabbing. Between January and March this year, Commissioner of Police Letika Saran received over 300 petitions from people complaining about real estate frauds, according to the Central Crime Branch police. Most of the complainants alleged that their land had been illegally grabbed and unauthorised persons had even begun construction.

In some cases, the petitioners sought police intervention to retrieve their property, which had changed several hands, without their knowledge. A few others approached the court. "Apart from creating awareness among the rightful owners, we have been cautioning prospective buyers to check the title deeds before entering into an agreement. We are also asking banks advancing loans against immovable properties to cross-check," Additional Commissioner of Police S. R. Jangid said.

The areas from where the police receive such complaints include Old Mahabalipuram Road, East Coast Road, Velachery, Pallikaranai, Tambaram, Chromepet, Porur, Mogappair and Ambattur, Deputy Commissioner of Police (CCB) G. Dharmaraj said.

Some loose ends in the registration process needed to be addressed to avoid such frauds.

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