Is India’s Real Estate Market a Fraud?

Overview: India’s high-density residential towers seem dubious. Skyrocketing prices, missing rights, and unreliable infrastructure create risky investments. Who really gains from these ventures?

Thought-provoking discussion! It seems the market isn’t entirely black and white. I wonder if stricter oversight could clear things up or if systemic issues persist. What are your ideas for ensuring genuine transparency?

The situation in India’s real estate cannot simply be labeled as a fraud. In my experience, while there are instances of questionable practices by certain developers, a significant number of projects are executed with a level of integrity and solid planning. However, the oversight remains inconsistent, which sometimes fuels skepticism. Investors and buyers need to perform thorough due diligence and seek verifiable project details. Reforms and stricter enforcement could help bring more clarity and trust to the market, making genuine ventures more recognizable.